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

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

The Ugandan glass rear-view vehicle mirror market was estimated at $X in 2022, standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a prominent expansion. Glass rear-view vehicle mirror consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Exports of Glass Rear-View Mirrors For Vehicles

Exports from Uganda

In 2022, approx. X units of glass rear-view mirrors for vehicles were exported from Uganda; remaining constant against 2021 figures. In general, exports enjoyed a significant expansion. The smallest decline of X% was in 2019. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, glass rear-view vehicle mirror exports fell dramatically to $X in 2022. Overall, exports showed a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Democratic Republic of the Congo (X units), Kenya (X units) and South Sudan (X units) were the main destinations of glass rear-view vehicle mirror exports from Uganda, with a combined X% share of total exports.

From 2018 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Democratic Republic of the Congo (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Kenya ($X) emerged as the key foreign market for glass rear-view mirrors for vehicles exports from Uganda, comprising X% of total exports. The second position in the ranking was held by South Sudan ($X), with a X% share of total exports. It was followed by Rwanda, with a X% share.

From 2018 to 2022, the average annual rate of growth in terms of value to Kenya totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Sudan (X% per year) and Rwanda (X% per year).

Export Prices by Country

In 2022, the average glass rear-view vehicle mirror export price amounted to $X per unit, approximately reflecting the previous year. Overall, the export price showed a sharp decrease. The pace of growth appeared the most rapid in 2019 a decrease of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($X per unit), while the average price for exports to Democratic Republic of the Congo (less than $X per unit) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (X%), while the prices for the other major destinations experienced a decline.

Imports of Glass Rear-View Mirrors For Vehicles

Imports into Uganda

In 2022, approx. X units of glass rear-view mirrors for vehicles were imported into Uganda; growing by X% compared with 2021 figures. Overall, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, glass rear-view vehicle mirror imports surged to $X in 2022. Over the period under review, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2016 with an increase of X%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest glass rear-view vehicle mirror supplier to Uganda, accounting for a X% share of total imports. Moreover, glass rear-view vehicle mirror imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold. The United Arab Emirates (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and the United Arab Emirates (X% per year).

In value terms, China ($X) constituted the largest supplier of glass rear-view mirrors for vehicles to Uganda, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The average glass rear-view vehicle mirror import price stood at $X per unit in 2022, standing approx. at the previous year. In general, the import price, however, saw a abrupt decline. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($X per unit) and South Africa ($X per unit), while the price for the United States ($X per unit) and the United Arab Emirates ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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