Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Indonesia - 2022
Contents:
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Indonesia (CIF) - 2022
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Indonesia (FOB) - 2022
- Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Indonesia
- Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Indonesia
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Indonesia (CIF) - 2022
In March 2022, the average import price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $1.7 per unit, growing by 63% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $1.7 per unit in March 2021; afterwards, it flattened through to March 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($9.5 per unit), while the price for China ($639 per thousand units) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.6%), 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 Indonesia (FOB) - 2022
In March 2022, the average export price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $558 per thousand units, falling by -3.3% against the previous month. Overall, export price indicated pronounced growth from March 2021 to March 2022: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2022 figures, export price for glass mirrors; whether or not framed, including rear-view mirrorses decreased by -6.4% against January 2022 indices. The most prominent rate of growth was recorded in April 2021 an increase of 62% against the previous month. The export price peaked at $725 per thousand units in October 2021; however, from November 2021 to March 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In March 2022, the country with the highest price was the United States ($973 per thousand units), while the average price for exports to South Korea ($271 per thousand units) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+4.1%), 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 Indonesia
In 2022, approx. 29M units of glass mirrors; whether or not framed, including rear-view mirrorses were imported into Indonesia; growing by 5.6% against the previous year. Over the period under review, imports, however, showed a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of 15%. Imports peaked at 31M 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 expanded rapidly to $38M in 2022. In general, total imports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.8% 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 +52.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 38%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 16.1 | 12.3 | 13.9 | 14.0 | -4.6% |
| Vietnam | 8.0 | 5.5 | 8.9 | 10.7 | 10.2% |
| Thailand | 6.4 | 2.7 | 5.3 | 5.9 | -2.7% |
| Others | 5.9 | 4.6 | 6.7 | 7.9 | 10.2% |
| Total | 36.4 | 25.2 | 34.8 | 38.4 | 1.8% |
Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to Indonesia in 2022:
- China (24.6M units)
- Thailand (2.0M units)
- Vietnam (1.4M units)
Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Indonesia
After three years of growth, overseas shipments of glass mirrors; whether or not framed, including rear-view mirrorses decreased by -4.5% to 53M units in 2022. The total export volume increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 27% against the previous year. As a result, the exports attained the peak of 55M units, and then fell in the following year.
In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses rose markedly to $32M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.7% 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 +59.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.3 | 4.2 | 6.6 | 6.8 | 27.3% |
| Vietnam | 3.9 | 3.9 | 4.0 | 5.5 | 12.1% |
| Malaysia | 2.3 | 1.8 | 2.4 | 2.9 | 8.0% |
| Australia | 1.2 | 2.6 | 2.7 | 2.8 | 32.6% |
| Singapore | 1.0 | 0.7 | 1.7 | 2.1 | 28.1% |
| Philippines | 1.4 | 0.8 | 1.4 | 1.3 | -2.4% |
| South Korea | 1.0 | 0.9 | 1.1 | 0.6 | -15.7% |
| Others | 6.0 | 5.7 | 9.1 | 10.1 | 19.0% |
| Total | 20.2 | 20.5 | 29.0 | 32.1 | 16.7% |
Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from Indonesia in 2022:
- Vietnam (15.3M units)
- Australia (7.6M units)
- United States (6.1M units)
- Singapore (5.8M units)
- Malaysia (5.7M units)
- Philippines (2.7M units)
- South Korea (1.9M units)
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Indonesia.
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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 Indonesia.
510
This report provides an in-depth analysis of the global market for glass rear-view vehicle mirror.
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