Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Australia - 2024

Contents:

  1. Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Australia (CIF) - 2022
  2. Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Australia (FOB) - 2022
  3. Imports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Australia
  4. Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Australia

Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Australia (CIF) - 2022

In 2022, the average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $6,119 per ton, increasing by 4.5% against the previous year. In general, the import price showed a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 57%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($6,119 per ton) and India ($6,119 per ton), while the price for Italy ($6,119 per ton) and Malaysia ($6,119 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+29.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Australia (FOB) - 2022

The average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $7,336 per ton in 2022, surging by 26% against the previous year. Overall, the export price, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2015 an increase of 49% against the previous year. The export price peaked at $12,640 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($7,338 per ton) and Hong Kong SAR ($7,338 per ton), while the average price for exports to India ($7,279 per ton) and the Netherlands ($7,335 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Australia

After three years of growth, supplies from abroad of glass mirrors; framed, excluding rear-view mirrors for vehicleses decreased by -4.7% to 8.1K tons in 2022. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of 8.5K tons, and then shrank slightly in the following year.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses dropped to $49M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.6% 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 +50.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of $50M, leveling off in the following year.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.830.841.941.715.9%
India1.10.81.41.35.7%
Italy0.80.91.21.214.5%
Indonesia0.60.81.41.122.4%
Vietnam0.80.70.91.07.7%
Others2.72.82.83.14.7%
Total32.836.949.649.414.6%

Top Suppliers of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles to Australia in 2022:

  1. China (6.8K tons)
  2. Italy (0.2K tons)
  3. Indonesia (0.2K tons)
  4. India (0.2K tons)
  5. Vietnam (0.2K tons)

Exports of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Australia

In 2022, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses from Australia fell to 71 tons, dropping by -13.2% against the previous year. In general, exports showed a slight slump. The pace of growth appeared the most rapid in 2021 with an increase of 78%. As a result, the exports attained the peak of 82 tons, and then reduced in the following year.

In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses expanded sharply to $523K in 2022. Overall, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 48%.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand2952363403748.2%
United States14514.620.536.5-36.9%
QatarN/AN/AN/A20.90%
Singapore17.513.622.619.02.8%
Germany0.23.10.914.8319.8%
Netherlands1.00.42.310.4118.3%
China64.31.4N/A7.6-50.9%
Papua New Guinea21.410.116.46.3-33.5%
United Kingdom2.00.658.74.833.9%
Japan16.315.9N/A4.7-33.9%
Hong Kong SAR16.424.4N/A2.9-43.9%
Others47.14.918.620.8-23.8%
Total626325480523-5.8%

Top Export Markets for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles from Australia in 2022:

  1. New Zealand (51.0 tons)
  2. United States (5.0 tons)
  3. Qatar (2.9 tons)
  4. Singapore (2.6 tons)
  5. Germany (2.0 tons)
  6. Netherlands (1.4 tons)
  7. China (1.0 tons)
  8. Papua New Guinea (0.9 tons)
  9. United Kingdom (0.7 tons)
  10. Japan (0.6 tons)
  11. Hong Kong SAR (0.4 tons)

Source: IndexBox Market Intelligence Platform

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