Benelux: Market for Glass Rear-View Mirrors For Vehicles 2024

Market Size for Glass Rear-View Mirrors For Vehicles in Benelux

The Benelux glass rear-view vehicle mirror market expanded slightly to $X in 2022, rising by X% against the previous year. In general, consumption recorded a noticeable decline. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Glass Rear-View Mirrors For Vehicles in Benelux

In value terms, glass rear-view vehicle mirror production reduced to $X in 2022 estimated in export price. Overall, production enjoyed resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Glass Rear-View Mirrors For Vehicles

Exports in Benelux

In 2022, after six years of growth, there was significant decline in overseas shipments of glass rear-view mirrors for vehicles, when their volume decreased by X% to X units. Over the period under review, exports, however, enjoyed a pronounced expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The volume of export peaked at X units in 2021, and then contracted in the following year.

In value terms, glass rear-view vehicle mirror exports reduced to $X in 2022. Total exports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of export peaked at $X in 2021, and then reduced in the following year.

Exports by Country

In 2022, Belgium (X units) was the major exporter of glass rear-view mirrors for vehicles, generating X% of total exports. It was distantly followed by the Netherlands (X units), creating a X% share of total exports.

Belgium was also the fastest-growing in terms of the glass rear-view mirrors for vehicles exports, with a CAGR of X% from 2012 to 2022. The Netherlands (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belgium increased by X percentage points.

In value terms, Belgium ($X) remains the largest glass rear-view vehicle mirror supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Belgium totaled X%.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, growing by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The level of export peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Imports of Glass Rear-View Mirrors For Vehicles

Imports in Benelux

After two years of growth, purchases abroad of glass rear-view mirrors for vehicles decreased by X% to X units in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2021, and then declined in the following year.

In value terms, glass rear-view vehicle mirror imports contracted slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2021, and then contracted slightly in the following year.

Imports by Country

In 2022, Belgium (X units) represented the major importer of glass rear-view mirrors for vehicles, constituting X% of total imports. It was distantly followed by the Netherlands (X units), creating a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Netherlands (with a CAGR of X%).

In value terms, Belgium ($X) constitutes the largest market for imported glass rear-view mirrors for vehicles in Benelux, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Belgium totaled X%.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. Over the period under review, import prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform

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