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

Contents:

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

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

In 2022, the average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $4,322 per ton, picking up by 19% against the previous year. Overall, the import price, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2021 an increase of 20%. Over the period under review, average import prices hit record highs at $6,615 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($28,559 per ton), while the price for China ($2,663 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+18.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $2,183 per ton, with an increase of 36% against the previous year. Overall, the export price, however, recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2014 an increase of 115% against the previous year. The export price peaked at $7,167 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($2,862 per ton), while the average price for exports to the United States ($1,938 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+7.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of glass mirrors; framed, excluding rear-view mirrors for vehicleses were finally on the rise to reach 351 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a deep reduction.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses soared to $1.5M in 2022. In general, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China603496401545-3.3%
Turkey4243573805056.0%
Italy284143170228-7.1%
Russia18.558.953.039.929.2%
Belarus42.919.437.428.0-13.3%
Iran52.514.916.818.5-29.4%
Others83.812281.415322.2%
Total1,5081,2111,1401,5170.2%

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

  1. China (204.5 tons)
  2. Turkey (102.4 tons)
  3. Russia (9.8 tons)
  4. Italy (8.0 tons)
  5. Iran (6.6 tons)
  6. Belarus (5.8 tons)

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

In 2022, approx. 30 tons of glass mirrors; framed, excluding rear-view mirrors for vehicleses were exported from Azerbaijan; increasing by 50% compared with 2021 figures. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 270% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses soared to $66K in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 201% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Georgia0.10.90.835.4607.4%
United States0.16.927.528.2555.8%
United Kingdom0.30.21.80.732.6%
Others8.02.72.21.8-39.2%
Total8.610.832.466.197.3%

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

  1. Georgia (14.8 tons)
  2. United States (14.5 tons)
  3. United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform

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