Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Portugal - 2023
Contents:
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Portugal (CIF) - 2022
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Portugal (FOB) - 2023
- Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Portugal
- Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Portugal
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Portugal (CIF) - 2022
In 2022, the average import price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $1.6 per unit, rising by 8.7% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.8% 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 +43.3% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 32%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
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 Belgium ($1.7 per unit), while the price for Saudi Arabia ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.1%), 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 Portugal (FOB) - 2023
The average export price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $2.8 per unit in October 2023, waning by -7.8% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 31% against the previous month. The export price peaked at $3.9 per unit in August 2023; however, from September 2023 to October 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Japan ($5.6 per unit), while the average price for exports to France ($2.0 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 Japan (+4.3%), 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 Portugal
In 2022, overseas purchases of glass mirrors; whether or not framed, including rear-view mirrorses increased by 16% to 31M units for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses surged to $51M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +62.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 29%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 15.3 | 15.9 | 18.9 | 22.6 | 13.9% |
| Germany | 6.5 | 4.8 | 6.0 | 9.6 | 13.9% |
| China | 1.9 | 1.8 | 2.6 | 3.5 | 22.6% |
| France | 1.1 | 1.6 | 1.9 | 2.5 | 31.5% |
| Poland | 0.5 | 0.8 | 1.0 | 1.4 | 40.9% |
| Belgium | 0.8 | 0.6 | 0.7 | 0.8 | 0.0% |
| Turkey | 0.8 | 0.3 | 1.1 | 0.7 | -4.4% |
| Egypt | 0.2 | N/A | N/A | 0.5 | 35.7% |
| Saudi Arabia | N/A | N/A | N/A | 0.4 | 0% |
| Others | 6.1 | 5.6 | 8.4 | 9.1 | 14.3% |
| Total | 33.0 | 31.5 | 40.5 | 51.1 | 15.7% |
Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to Portugal in 2022:
- Spain (19.0M units)
- China (2.7M units)
- France (2.0M units)
- Turkey (1.9M units)
- Poland (1.4M units)
- Saudi Arabia (1.1M units)
- Egypt (0.7M units)
- Germany (0.7M units)
- Belgium (0.5M units)
Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Portugal
In 2022, the amount of glass mirrors; whether or not framed, including rear-view mirrorses exported from Portugal rose remarkably to 7M units, growing by 9.9% against the previous year. The total export volume increased at an average annual rate of +8.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses rose rapidly to $18M in 2022. The total export value increased at an average annual rate of +9.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.7 | 5.6 | 7.0 | 7.2 | 24.8% |
| France | 4.1 | 3.7 | 4.1 | 3.7 | -3.4% |
| Japan | 0.7 | 0.1 | 0.4 | 2.0 | 41.9% |
| United States | 0.8 | 0.3 | 0.6 | 1.0 | 7.7% |
| United Kingdom | 0.8 | 0.5 | 0.9 | 0.9 | 4.0% |
| Angola | 0.6 | 0.6 | 0.4 | 0.5 | -5.9% |
| Cabo Verde | 0.4 | 0.1 | 0.2 | 0.2 | -20.6% |
| Belgium | 0.2 | 0.1 | 0.2 | N/A | 0.0% |
| Others | 2.8 | 2.1 | 2.2 | 2.8 | 0.0% |
| Total | 14.0 | 13.1 | 16.0 | 18.2 | 9.1% |
Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from Portugal in 2022:
- Spain (3308.4K units)
- France (1845.3K units)
- Japan (542.5K units)
- Angola (197.4K units)
- United Kingdom (152.6K units)
- United States (116.2K units)
- Cabo Verde (116.2K units)
- Belgium (31.0K units)
389
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Portugal.
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Portugal.
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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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