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

Contents:

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

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

The average import price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $5.4 per unit in 2022, rising by 3.2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 15% against the previous year. Over the period under review, average import prices reached the maximum at $6.9 per unit in 2014; however, from 2015 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 United States ($12 per unit), while the price for Malaysia ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.7%), 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 Peru (FOB) - 2022

The average export price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $8.1 per unit in 2022, with an increase of 18% against the previous year. Overall, the export price continues to indicate a strong increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 52% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($11 per unit), while the average price for exports to Costa Rica ($2.8 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 India (+24.0%), 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 Peru

After three years of growth, supplies from abroad of glass mirrors; whether or not framed, including rear-view mirrorses decreased by -6.2% to 3.4M units in 2022. The total import volume increased at an average annual rate of +7.4% over the period from 2019 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 23% against the previous year. As a result, imports attained the peak of 3.7M units, and then contracted in the following year.

In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses reduced slightly to $19M in 2022. The total import value increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 42%. As a result, imports reached the peak of $19M, and then shrank in the following year.

Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.610.115.312.76.2%
Brazil0.20.10.61.7104.1%
United States0.80.50.60.94.0%
Taiwan (Chinese)0.70.60.80.70.0%
Belgium0.60.50.50.5-5.9%
India0.30.20.30.410.1%
MalaysiaN/AN/AN/A0.20%
Others2.31.51.21.6-11.4%
Total15.513.619.318.76.5%

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

  1. China (1846.6K units)
  2. Belgium (514.3K units)
  3. Brazil (382.5K units)
  4. Taiwan (Chinese) (192.5K units)
  5. Malaysia (176.7K units)
  6. India (80.1K units)
  7. United States (72.3K units)

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

In 2022, the amount of glass mirrors; whether or not framed, including rear-view mirrorses exported from Peru contracted to 110K units, with a decrease of -9.2% compared with the previous year's figure. Overall, exports recorded a abrupt decline. The smallest decline of -4.2% was in 2021. Over the period under review, the exports of hit record highs at 212K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses expanded significantly to $884K in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 46%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States24831251353429.1%
Turkey71.255.376.910313.1%
Chile20.210.032.841.427.0%
Argentina49.110.035.637.9-8.3%
Mexico29.332.9N/A30.31.1%
Ecuador7.23.23.423.648.5%
United Arab Emirates49.210.029.522.7-22.7%
Costa Rica4.90.1N/A14.342.9%
Canada12.423.919.70.1-79.9%
Kuwait31.24.13.2N/A-68.0%
Others10610311075.6-10.7%
Total62956482488412.0%

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

  1. United States (48.3K units)
  2. Chile (13.4K units)
  3. Turkey (13.2K units)
  4. Ecuador (6.8K units)
  5. Argentina (5.4K units)
  6. Costa Rica (5.0K units)
  7. Mexico (3.8K units)
  8. United Arab Emirates (1.2K units)

Source: IndexBox Market Intelligence Platform

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