Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Estonia - 2023
Contents:
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Estonia (CIF) - 2023
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Estonia (FOB) - 2023
- Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Estonia
- Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Estonia
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Estonia (CIF) - 2023
In October 2023, the average import price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $1.2 per unit, with an increase of 13% against the previous month. Over the period under review, import price indicated a tangible expansion from October 2022 to October 2023: its price increased at an average monthly rate of +2.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for glass mirrors; whether or not framed, including rear-view mirrorses increased by +13.2% against August 2023 indices. The pace of growth was the most pronounced in July 2023 when the average import price increased by 35% m-o-m. As a result, import price attained the peak level of $1.6 per unit. From August 2023 to October 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($6.0 per unit), while the price for Russia ($253 per thousand units) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Estonia (FOB) - 2023
In October 2023, the average export price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $1.1 per unit, shrinking by -15.4% against the previous month. Over the period under review, export price indicated slight growth from October 2022 to October 2023: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for glass mirrors; whether or not framed, including rear-view mirrorses decreased by -9.0% against June 2023 indices. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 85% against the previous month. The export price peaked at $2.0 per unit in December 2022; however, from January 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Sweden ($1.8 per unit), while the average price for exports to Finland ($835 per thousand units) 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 Sweden (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Estonia
In 2022, approx. 5.4M units of glass mirrors; whether or not framed, including rear-view mirrorses were imported into Estonia; falling by -12.2% against 2021 figures. In general, imports continue to indicate a pronounced setback. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. As a result, imports reached the peak of 6.2M units, and then contracted in the following year.
In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses dropped to $5.5M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 27%. As a result, imports reached the peak of $6.1M, and then shrank in the following year.
| Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,441 | 1,536 | 2,020 | 1,179 | -21.5% |
| Poland | 268 | 372 | 537 | 790 | 43.4% |
| Czech Republic | 664 | 585 | 560 | 703 | 1.9% |
| Latvia | 48.7 | 550 | 642 | 571 | 127.2% |
| Belgium | 76.1 | 166 | 246 | 283 | 54.9% |
| Russia | 145 | 178 | 487 | 161 | 3.6% |
| Others | 1,425 | 1,406 | 1,588 | 1,784 | 7.8% |
| Total | 5,068 | 4,793 | 6,080 | 5,470 | 2.6% |
Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to Estonia in 2022:
- Czech Republic (1575.7K units)
- China (1329.7K units)
- Belgium (592.8K units)
- Poland (555.7K units)
- Russia (520.2K units)
- Latvia (430.6K units)
Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Estonia
In 2022, after three years of growth, there was significant decline in shipments abroad of glass mirrors; whether or not framed, including rear-view mirrorses, when their volume decreased by -27.3% to 2.2M units. Over the period under review, exports recorded a noticeable slump. The pace of growth was the most pronounced in 2020 when exports increased by 14%. Over the period under review, the exports of attained the peak figure at 3M units in 2021, and then fell sharply in the following year.
In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses reduced remarkably to $2.4M in 2022. In general, exports recorded a deep downturn. The growth pace was the most rapid in 2021 with an increase of 23% against the previous year. As a result, the exports attained the peak of $4M, and then declined rapidly in the following year.
| Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 1,283 | 1,414 | 1,937 | 1,225 | -1.5% |
| Sweden | 1,182 | 1,401 | 1,479 | 732 | -14.8% |
| Latvia | 134 | 132 | 133 | 180 | 10.3% |
| Others | 350 | 279 | 413 | 303 | -4.7% |
| Total | 2,949 | 3,226 | 3,961 | 2,439 | -6.1% |
Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from Estonia in 2022:
- Finland (1607.1K units)
- Sweden (486.6K units)
- Latvia (41.1K units)
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