Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the UK - 2023
Contents:
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the UK (CIF) - 2022
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the UK (FOB) - 2022
- Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the UK
- Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the UK
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the UK (CIF) - 2022
The average import price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $2.9 per unit in 2022, jumping by 25% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue 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 the United States ($24 per unit), while the price for Poland ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.5%), 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 the UK (FOB) - 2022
In 2022, the average export price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $12 per unit, growing by 30% against the previous year. Overall, the export price showed a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($31 per unit), while the average price for exports to Ireland ($2.6 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 Italy (+18.7%), 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 the UK
After three years of growth, purchases abroad of glass mirrors; whether or not framed, including rear-view mirrorses decreased by -37.4% to 115M units in 2022. Over the period under review, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, imports attained the peak of 183M units, and then reduced rapidly in the following year.
In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses shrank markedly to $328M in 2022. Overall, imports saw a perceptible decline. The pace of growth was the most pronounced in 2021 with an increase of 28%. As a result, imports attained the peak of $420M, and then declined significantly in the following year.
| Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 136 | 134 | 220 | 165 | 6.7% |
| United States | 66.4 | 57.8 | 50.4 | 59.0 | -3.9% |
| Germany | 47.7 | 48.7 | 47.2 | 21.2 | -23.7% |
| France | 11.6 | 8.4 | 19.7 | 7.5 | -13.5% |
| India | 4.7 | 3.9 | 6.3 | 6.0 | 8.5% |
| Belgium | 10.1 | 10.4 | 10.4 | 5.8 | -16.9% |
| Poland | 5.8 | 6.1 | 7.4 | 5.7 | -0.6% |
| Others | 65.6 | 59.5 | 57.9 | 57.6 | -4.2% |
| Total | 349 | 328 | 420 | 328 | -2.0% |
Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to the UK in 2022:
- China (83.9M units)
- Poland (5.2M units)
- Belgium (4.1M units)
- France (3.9M units)
- Germany (3.7M units)
- United States (2.4M units)
- India (2.0M units)
Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the UK
For the third consecutive year, the UK recorded decline in shipments abroad of glass mirrors; whether or not framed, including rear-view mirrorses, which decreased by -23% to 9.6M units in 2022. Over the period under review, exports faced a abrupt decrease. The smallest decline of -12.4% was in 2021. Over the period under review, the exports of hit record highs at 17M 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 amounted to $112M in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 3.3% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 35.9 | 37.6 | 36.5 | 38.4 | 2.3% |
| China | 2.9 | 12.3 | 19.6 | 28.1 | 113.2% |
| United States | 3.8 | 3.5 | 8.7 | 8.1 | 28.7% |
| Sweden | 13.5 | 11.7 | 11.1 | 6.3 | -22.4% |
| France | 6.8 | 5.6 | 5.1 | 5.6 | -6.3% |
| Germany | 9.0 | 6.8 | 4.7 | 4.8 | -18.9% |
| Ireland | 10.6 | 10.6 | 6.6 | 4.2 | -26.6% |
| Netherlands | 4.5 | 3.5 | 3.0 | 2.8 | -14.6% |
| Italy | 3.6 | 3.0 | 2.3 | 2.4 | -12.6% |
| South Africa | 0.4 | 0.5 | 0.6 | 0.7 | 20.5% |
| Others | 17.9 | 13.5 | 13.8 | 11.0 | -15.0% |
| Total | 109 | 109 | 112 | 112 | 0.9% |
Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from the UK in 2022:
- Belgium (2166.4K units)
- Ireland (1601.3K units)
- France (1068.5K units)
- China (909.4K units)
- Germany (819.1K units)
- Sweden (610.0K units)
- United States (489.7K units)
- Netherlands (286.3K units)
- Italy (260.5K units)
- South Africa (169.3K units)
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This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in the UK.
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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 the UK.
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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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