Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Brazil - 2024

Contents:

  1. Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Brazil (CIF) - 2022
  2. Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Brazil (FOB) - 2022
  3. Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Brazil
  4. Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Brazil

Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Brazil (CIF) - 2022

The average import price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $3.2 per unit in 2022, jumping by 22% against the previous year. Over the period under review, the import price continues to indicate buoyant growth. The growth pace was the most rapid in 2016 when the average import price increased by 93%. The import price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($15 per unit), while the price for Belgium ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Brazil (FOB) - 2022

The average export price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $2.9 per unit in 2022, with an increase of 48% against the previous year. Over the period under review, the export price, however, saw a abrupt descent. Over the period under review, the average export prices hit record highs at $8.4 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($4.4 per unit), while the average price for exports to Paraguay ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-4.4%), while the prices for the other major destinations experienced a decline.

Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Brazil

Imports of glass mirrors; whether or not framed, including rear-view mirrorses into Brazil dropped notably to 24M units in 2022, waning by -18.6% compared with the previous year's figure. In general, imports showed a perceptible slump. The pace of growth appeared the most rapid in 2021 with an increase of 23%. As a result, imports reached the peak of 30M units, and then fell sharply in the following year.

In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses contracted modestly to $77M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. As a result, imports attained the peak of $78M, and then reduced in the following year.

Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.614.023.822.212.5%
Germany8.26.513.611.913.2%
United States9.86.910.011.55.5%
Thailand4.13.14.65.611.0%
Taiwan (Chinese)3.62.23.34.810.1%
France3.42.34.32.4-11.0%
Belgium1.20.51.11.57.7%
Egypt0.1N/A1.20.791.3%
Others19.713.216.417.0-4.8%
Total65.848.878.377.55.6%

Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to Brazil in 2022:

  1. China (11.8M units)
  2. Belgium (3.2M units)
  3. Germany (2.1M units)
  4. France (1.3M units)
  5. Taiwan (Chinese) (1.2M units)
  6. Egypt (1.0M units)
  7. United States (0.8M units)
  8. Thailand (0.8M units)

Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Brazil

In 2022, after three years of growth, there was significant decline in overseas shipments of glass mirrors; whether or not framed, including rear-view mirrorses, when their volume decreased by -15.3% to 11M units. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.7% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 62%. As a result, the exports attained the peak of 13M units, and then contracted significantly in the following year.

In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses skyrocketed to $32M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina11.98.412.215.59.2%
United States4.43.25.34.93.7%
Colombia2.21.11.52.31.5%
Mexico2.42.61.71.7-10.9%
Paraguay0.40.71.01.140.1%
Uruguay0.50.50.60.817.0%
Uzbekistan1.82.60.10.5-34.8%
Bolivia0.10.10.10.344.2%
Others2.01.62.84.934.8%
Total25.620.825.532.07.7%

Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from Brazil in 2022:

  1. Argentina (3.5M units)
  2. Paraguay (1.9M units)
  3. United States (1.7M units)
  4. Uruguay (0.9M units)
  5. Colombia (0.7M units)
  6. Mexico (0.5M units)
  7. Bolivia (0.4M units)
  8. Uzbekistan (0.1M units)

Source: IndexBox Market Intelligence Platform

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