Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Hong Kong SAR - 2023
Contents:
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Hong Kong SAR (CIF) - 2023
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Hong Kong SAR (FOB) - 2022
- Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Hong Kong SAR
- Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Hong Kong SAR
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Hong Kong SAR (CIF) - 2023
The average import price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $3.7 per unit in October 2023, with a decrease of -11.5% against the previous month. Overall, import price indicated a slight increase from October 2022 to October 2023: its price increased at an average monthly rate of +1.3% 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 decreased by -11.5% against September 2023 indices. The most prominent rate of growth was recorded in June 2023 an increase of 58% month-to-month. The import price peaked at $4.2 per unit in September 2023, and then reduced in the following month.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Indonesia ($19.3 per unit), while the price for Malaysia ($1.6 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Thailand (+35.5%), 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 Hong Kong SAR (FOB) - 2022
The average export price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $4.3 per unit in 2022, with an increase of 4.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2019 an increase of 13%. As a result, the export price reached the peak level of $4.8 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($9.5 per unit), while the average price for exports to Macao SAR ($2 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 Australia (+7.6%), 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 Hong Kong SAR
In 2022, imports of glass mirrors; whether or not framed, including rear-view mirrorses into Hong Kong SAR dropped significantly to 4.1M units, with a decrease of -19.2% against the year before. In general, imports saw a sharp reduction. The smallest decline of -3.5% was in 2021. Imports peaked at 8.2M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses dropped markedly to $12M in 2022. Over the period under review, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 9.4% against the previous year. Imports peaked at $28M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.6 | 12.2 | 13.0 | 7.2 | -31.7% |
| Japan | 1.6 | 1.6 | 1.0 | 0.8 | -20.6% |
| United States | 0.4 | 0.6 | 2.1 | 0.7 | 20.5% |
| Indonesia | N/A | 0.1 | N/A | 0.5 | 123.6% |
| Taiwan (Chinese) | 0.3 | 0.5 | 0.4 | 0.3 | 0.0% |
| Malaysia | 0.1 | 0.3 | 0.2 | 0.3 | 44.2% |
| Belgium | 0.3 | 0.1 | 0.2 | 0.2 | -12.6% |
| Others | 2.8 | 2.1 | 2.1 | 1.9 | -12.1% |
| Total | 28.2 | 17.4 | 19.1 | 11.8 | -25.2% |
Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to Hong Kong SAR in 2022:
- China (2999.6K units)
- Belgium (338.8K units)
- Japan (205.8K units)
- United States (145.1K units)
- Indonesia (108.0K units)
- Malaysia (84.1K units)
- Taiwan (Chinese) (45.0K units)
Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Hong Kong SAR
In 2022, the amount of glass mirrors; whether or not framed, including rear-view mirrorses exported from Hong Kong SAR shrank remarkably to 1.5M units, waning by -79.2% against the year before. In general, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. Over the period under review, the exports of attained the maximum at 7.4M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses reduced rapidly to $6.3M in 2022. Over the period under review, exports showed a significant decline. The pace of growth appeared the most rapid in 2021 when exports increased by 48%. The exports peaked at $35M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.4 | 5.8 | 12.0 | 1.7 | -35.7% |
| United States | 17.3 | 5.9 | 8.5 | 1.4 | -56.7% |
| Japan | 2.0 | 0.9 | 1.1 | 0.5 | -37.0% |
| Singapore | 0.9 | 0.7 | 0.6 | 0.3 | -30.7% |
| United Kingdom | 1.3 | 1.8 | 2.6 | 0.3 | -38.7% |
| Germany | 0.6 | 0.3 | 0.2 | 0.3 | -20.6% |
| Australia | 0.5 | 0.1 | 0.6 | 0.2 | -26.3% |
| Malta | 0.9 | 0.3 | 0.4 | 0.2 | -39.4% |
| Vietnam | 0.4 | 0.4 | 0.6 | 0.2 | -20.6% |
| Macao SAR | 0.5 | 0.4 | 0.3 | 0.2 | -26.3% |
| Netherlands | 0.4 | 0.2 | 0.2 | N/A | -29.3% |
| Others | 3.8 | 2.5 | 1.7 | 1.0 | -35.9% |
| Total | 35.0 | 19.5 | 28.8 | 6.3 | -43.5% |
Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from Hong Kong SAR in 2022:
- China (628.2K units)
- United States (247.3K units)
- Japan (80.0K units)
- Macao SAR (74.9K units)
- Germany (60.2K units)
- Singapore (54.4K units)
- United Kingdom (46.9K units)
- Vietnam (29.3K units)
- Australia (28.8K units)
- Malta (25.4K units)
- Netherlands (9.8K units)
314
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Hong Kong SAR, China.
509
This report provides an in-depth analysis of the global market for glass rear-view vehicle mirror.
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Hong Kong SAR, China.
509
This report provides an in-depth analysis of the global market for glass rear-view vehicle mirror.
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In value terms, glass of heading imports stood at $X in 2016. Overall, glass of heading imports continue to indicate a prominent growth. Global glass of heading import peaked of $X in 2012; howe...
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