Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Denmark - 2023

Contents:

  1. Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Denmark (CIF) - 2022
  2. Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Denmark (FOB) - 2023
  3. Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Denmark
  4. Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Denmark

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

The average import price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $1.8 per unit in 2022, picking up by 18% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for glass mirrors; whether or not framed, including rear-view mirrorses increased by +74.9% against 2015 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($6.5 per unit), while the price for Germany ($0.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.5%), 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 Denmark (FOB) - 2023

The average export price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $3.6 per unit in October 2023, with an increase of 17% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 23% month-to-month. Over the period under review, the average export prices reached the peak figure at $4.0 per unit in February 2023; however, from March 2023 to October 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Bulgaria ($6.8 per unit), while the average price for exports to Ireland ($1.4 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of glass mirrors; whether or not framed, including rear-view mirrorses decreased by -32.1% to 19M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a noticeable downturn. The growth pace was the most rapid in 2021 with an increase of 27%. As a result, imports attained the peak of 29M units, and then declined sharply in the following year.

In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses contracted dramatically to $35M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +21.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. As a result, imports attained the peak of $44M, and then declined significantly in the following year.

Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.313.621.017.813.1%
Sweden3.23.53.74.18.6%
Germany6.86.57.54.1-15.5%
Italy0.90.62.42.234.7%
Poland0.60.51.61.018.6%
Netherlands1.10.91.40.8-10.1%
Others3.94.26.25.08.6%
Total28.929.743.835.06.6%

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

  1. China (9.5M units)
  2. Germany (5.3M units)
  3. Sweden (2.0M units)
  4. Poland (0.9M units)
  5. Netherlands (0.3M units)
  6. Italy (0.3M units)

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

After three years of growth, shipments abroad of glass mirrors; whether or not framed, including rear-view mirrorses decreased by -9.3% to 7.5M units in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 9% against the previous year. Over the period under review, the exports of attained the maximum at 8.3M units in 2021, and then declined in the following year.

In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses shrank dramatically to $24M in 2022. The total export value increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year. As a result, the exports reached the peak of $29M, and then dropped dramatically in the following year.

Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden4.14.56.04.63.9%
Norway4.02.63.33.4-5.3%
Germany3.03.14.12.8-2.3%
France1.41.72.21.76.7%
Netherlands1.21.51.51.20.0%
United Kingdom1.41.62.11.2-5.0%
Finland1.01.01.31.00.0%
United States0.60.60.80.810.1%
Poland0.80.80.90.6-9.1%
Ireland0.20.40.80.644.2%
Belgium0.30.50.90.626.0%
Iceland0.50.60.30.3-15.7%
Others3.14.04.85.118.1%
Total21.622.829.024.13.7%

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

  1. Sweden (1228.2K units)
  2. Norway (1126.9K units)
  3. Ireland (826.1K units)
  4. Netherlands (705.5K units)
  5. Germany (491.0K units)
  6. Belgium (473.9K units)
  7. United Kingdom (363.5K units)
  8. France (325.7K units)
  9. Poland (217.3K units)
  10. Iceland (196.0K units)
  11. Finland (168.2K units)
  12. United States (125.4K units)

Source: IndexBox Market Intelligence Platform

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