Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Turkey - 2023

Contents:

  1. Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Turkey (FOB) - 2023
  2. Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Turkey (CIF) - 2022
  3. Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Turkey
  4. Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Turkey

Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Turkey (FOB) - 2023

The average export price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $1.1 per unit in November 2023, increasing by 68% against the previous month. In general, the export price, however, saw a mild downturn. Over the period under review, the average export prices reached the maximum at $1.5 per unit in March 2023; however, from April 2023 to November 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was France ($4.2 per unit), while the average price for exports to Morocco ($222 per thousand units) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $2.4 per unit, surging by 77% against the previous year. Over the period under review, the import price enjoyed a strong expansion. The pace of growth was the most pronounced in 2017 an increase of 90% against the previous year. Over the period under review, average import prices attained the maximum at $3.1 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Germany ($7.3 per unit), while the price for Iran ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of glass mirrors; whether or not framed, including rear-view mirrorses exported from Turkey declined slightly to 65M units, shrinking by -3.3% compared with the year before. Over the period under review, exports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. The exports peaked at 67M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses totaled $66M in 2022. The total export value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France6.95.47.97.84.2%
Germany6.96.16.26.5-2.0%
United States1.01.01.73.856.0%
Israel1.91.83.23.320.2%
Italy2.82.03.92.80.0%
United Kingdom2.01.42.52.69.1%
Morocco1.31.32.02.626.0%
Qatar1.21.01.32.527.7%
Iraq2.21.71.82.20.0%
Georgia1.20.70.91.20.0%
United Arab Emirates0.90.91.01.210.1%
Lebanon0.30.10.21.154.2%
Albania0.80.10.10.7-4.4%
Others29.223.126.527.5-2.0%
Total58.546.559.366.04.1%

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

  1. Israel (8.3M units)
  2. Morocco (8.0M units)
  3. Italy (6.2M units)
  4. Lebanon (3.6M units)
  5. United Arab Emirates (2.8M units)
  6. Georgia (2.7M units)
  7. Iraq (2.2M units)
  8. Germany (2.1M units)
  9. France (2.0M units)
  10. United Kingdom (1.8M units)
  11. United States (1.7M units)
  12. Qatar (1.7M units)
  13. Albania (1.7M units)

Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Turkey

In 2022, imports of glass mirrors; whether or not framed, including rear-view mirrorses into Turkey fell significantly to 22M units, reducing by -42.8% on 2021 figures. In general, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 179% against the previous year. As a result, imports attained the peak of 39M units, and then fell notably in the following year.

In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses reached $54M in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 24% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.511.213.114.110.3%
Germany4.74.25.67.516.9%
United States7.37.66.35.4-9.6%
Slovakia5.75.35.74.7-6.2%
Taiwan (Chinese)3.33.53.63.41.0%
IranN/AN/A5.92.0-66.1%
Thailand0.60.51.11.226.0%
Poland0.60.50.71.122.4%
Egypt0.50.30.60.817.0%
MalaysiaN/AN/AN/A0.50%
Others13.610.111.313.5-0.2%
Total46.843.353.754.35.1%

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

  1. China (6.5M units)
  2. Iran (6.1M units)
  3. Egypt (2.1M units)
  4. Poland (1.0M units)
  5. Germany (1.0M units)
  6. Taiwan (Chinese) (0.9M units)
  7. Slovakia (0.8M units)
  8. Malaysia (0.6M units)
  9. United States (0.3M units)
  10. Thailand (0.3M units)

Source: IndexBox Market Intelligence Platform

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