Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Guatemala - 2023
Contents:
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Guatemala (CIF) - 2022
- Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Guatemala (FOB) - 2022
- Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Guatemala
- Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Guatemala
Price for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Guatemala (CIF) - 2022
In 2022, the average import price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $0.8 per unit, picking up by 2.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 35% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($3.7 per unit), while the price for Malaysia ($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 Mexico (+14.7%), 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 Guatemala (FOB) - 2022
In 2022, the average export price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $1.7 per unit, rising by 4.6% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 26%. Over the period under review, the average export prices hit record highs at $2.3 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($2.2 per unit), while the average price for exports to the United States ($0.7 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 Honduras (+1.4%), while the prices for the other major destinations experienced a decline.
Imports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Guatemala
Imports of glass mirrors; whether or not framed, including rear-view mirrorses into Guatemala totaled 13M units in 2022, picking up by 1.7% on the previous year's figure. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 10% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses expanded to $10M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.0% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.0 | 3.4 | 6.0 | 6.6 | 30.1% |
| Taiwan (Chinese) | 0.9 | 0.8 | 1.3 | 1.5 | 18.6% |
| United States | 0.6 | 1.3 | 0.6 | 0.3 | -20.6% |
| Malaysia | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Others | 1.3 | 1.0 | 1.6 | 1.4 | 2.5% |
| Total | 5.9 | 6.5 | 9.7 | 10.1 | 19.6% |
Top Suppliers of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors to Guatemala in 2022:
- China (11.6M units)
- Malaysia (0.9M units)
- Taiwan (Chinese) (0.4M units)
- United States (0.1M units)
Exports of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Guatemala
For the fourth year in a row, Guatemala recorded growth in shipments abroad of glass mirrors; whether or not framed, including rear-view mirrorses, which increased by 37% to 182K units in 2022. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 80%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses soared to $306K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 71%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 30.6 | 34.5 | 107 | 211 | 90.3% |
| El Salvador | 28.8 | 25.0 | 40.2 | 45.9 | 16.8% |
| Mexico | 1.5 | 10.1 | 4.0 | 23.2 | 149.2% |
| Belize | 0.7 | 17.7 | 2.2 | 10.8 | 148.9% |
| Nicaragua | 16.0 | 24.7 | 25.2 | 4.2 | -36.0% |
| United States | 3.7 | 2.5 | 3.4 | 3.1 | -5.7% |
| Panama | 12.8 | 4.3 | 3.7 | 1.2 | -54.6% |
| Others | 4.9 | 6.8 | 29.0 | 7.0 | 12.6% |
| Total | 99.1 | 125 | 214 | 306 | 45.6% |
Top Export Markets for Glass Mirrors; Whether or Not Framed, Including Rear-View Mirrors from Guatemala in 2022:
- Honduras (94.4K units)
- El Salvador (32.7K units)
- Mexico (32.0K units)
- Belize (6.3K units)
- United States (4.3K units)
- Nicaragua (2.1K units)
- Panama (0.5K units)
176
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Guatemala.
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In value terms, glass, cullet and other waste and glass scrap imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the ...
615
In value terms, glass of heading imports stood at $X in 2016. Overall, glass of heading imports continue to indicate a prominent growth. Global glass of heading import peaked of $X in 2012; howe...
2006
In value terms, glass, cullet and other waste and glass scrap exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend patter...
741
In value terms, glass of heading exports amounted to $X in 2016. Overall, it indicated a conspicuous expansion from 2007 to 2016: the total exports value increased at an average annual rate of +X>
