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

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

In 2022, the Swiss glass rear-view vehicle mirror market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. In general, the total consumption indicated a noticeable increase 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, consumption increased by X% against 2017 indices. Over the period under review, the market hit record highs at $X in 2021, and then dropped slightly in the following year.

Exports of Glass Rear-View Mirrors For Vehicles

Exports from Switzerland

In 2022, overseas shipments of glass rear-view mirrors for vehicles increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, total exports indicated a prominent increase from 2012 to 2022: its volume 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 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, glass rear-view vehicle mirror exports soared to $X in 2022. Overall, total exports indicated prominent 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 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Denmark (X units) was the main destination for glass rear-view vehicle mirror exports from Switzerland, with a X% share of total exports. Moreover, glass rear-view vehicle mirror exports to Denmark exceeded the volume sent to the second major destination, Germany (X units), twofold. Italy (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Denmark amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Italy (X% per year).

In value terms, Denmark ($X) remains the key foreign market for glass rear-view mirrors for vehicles exports from Switzerland, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Denmark amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average glass rear-view vehicle mirror export price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price, however, saw a slight decline. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per unit) and Denmark ($X per unit), while the average price for exports to Belarus ($X per unit) and Poland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Imports of Glass Rear-View Mirrors For Vehicles

Imports into Switzerland

In 2022, supplies from abroad of glass rear-view mirrors for vehicles decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. Overall, imports, however, saw a strong expansion. The growth pace was the most rapid in 2019 with an increase of X%. Imports peaked at X units in 2021, and then fell modestly in the following year.

In value terms, glass rear-view vehicle mirror imports shrank slightly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then dropped slightly in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest glass rear-view vehicle mirror supplier to Switzerland, accounting for a X% share of total imports. Moreover, glass rear-view vehicle mirror imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X units), eightfold. Spain (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Spain (X% per year).

In value terms, Germany ($X) constituted the largest supplier of glass rear-view mirrors for vehicles to Switzerland, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Spain (X% per year).

Import Prices by Country

In 2022, the average glass rear-view vehicle mirror import price amounted to $X per unit, rising by X% against the previous year. In general, the import price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 UK ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :