Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Costa Rica - 2022

Contents:

  1. Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Costa Rica (CIF) - 2022
  2. Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Costa Rica (FOB) - 2022
  3. Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Costa Rica
  4. Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Costa Rica

Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Costa Rica (CIF) - 2022

In 2022, the average import price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $1.3 per unit, rising by 57% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Taiwan (Chinese) ($3.4 per unit), while the price for Malaysia ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.6%), 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 Costa Rica (FOB) - 2022

In 2022, the average export price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $0.8 per unit, dropping by -10.2% against the previous year. Overall, the export price recorded a slight setback. The most prominent rate of growth was recorded in 2014 an increase of 40% against the previous year. Over the period under review, the average export prices hit record highs at $1.3 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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 Guatemala ($1.7 per unit), while the average price for exports to Colombia ($0.4 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 Panama (+4.0%), 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 Costa Rica

In 2022, the amount of glass mirrors; whether or not framed, including rear-view mirrorses imported into Costa Rica reduced modestly to 5.2M units, remaining stable against 2021 figures. In general, imports recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 44%. Over the period under review, imports of hit record highs at 6.2M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses soared to $6.5M in 2022. Over the period under review, imports, however, posted a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,8861,4042,4253,6538.2%
United States8809266099141.3%
Mexico4772253016038.1%
Taiwan (Chinese)398181243333-5.8%
Malaysia18.23.829.8213127.0%
Others7663175778091.8%
Total5,4243,0564,1856,5256.4%

Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to Costa Rica in 2022:

  1. China (2878.3K units)
  2. Mexico (1093.7K units)
  3. Malaysia (415.3K units)
  4. United States (390.8K units)
  5. Taiwan (Chinese) (97.4K units)

Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Costa Rica

Exports of glass mirrors; whether or not framed, including rear-view mirrorses from Costa Rica contracted rapidly to 34K units in 2022, shrinking by -68.2% against the year before. Overall, exports recorded a significant contraction. The smallest decline of -30.3% was in 2020. The exports peaked at 279K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses contracted sharply to $25K in 2022. Over the period under review, exports showed a dramatic setback. The smallest decline of -20.7% was in 2020. The exports peaked at $325K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua14.89.914.79.6-13.4%
Panama47.51.26.46.4-48.7%
United States9.68.210.76.0-14.5%
Guatemala1431057.20.7-83.0%
Mexico1.21.44.20.4-30.7%
Honduras7.27.411.20.3-65.3%
Canada0.30.11.00.2-12.6%
Colombia3.30.60.60.2-60.7%
Ecuador0.30.60.40.2-12.6%
El Salvador77.984.86.00.1-89.1%
Venezuela3.330.00.7N/A-53.9%
Others16.58.525.71.1-59.5%
Total32525888.825.4-57.2%

Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from Costa Rica in 2022:

  1. Nicaragua (12.2K units)
  2. United States (10.8K units)
  3. Panama (4.5K units)
  4. Mexico (0.8K units)
  5. Canada (0.6K units)
  6. Colombia (0.6K units)
  7. Ecuador (0.6K units)
  8. Honduras (0.5K units)
  9. Guatemala (0.4K units)
  10. El Salvador (0.1K units)

Source: IndexBox Market Intelligence Platform

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