Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Nepal - 2022

Contents:

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

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

The average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $3,871 per ton in 2022, dropping by -8.8% against the previous year. Overall, the import price showed a pronounced setback. The pace of growth appeared the most rapid in 2016 an increase of 140%. The import price peaked at $4,977 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($4,109 per ton), while the price for India totaled $2,715 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.7%).

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

The average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses stood at $7,059 per ton in 2022, picking up by 10% against the previous year. Overall, the export price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 102%. As a result, the export price attained the peak level of $20,220 per ton. From 2020 to 2022, the average 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 Switzerland ($38,750 per ton), while the average price for exports to Spain ($4,885 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+108.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of glass mirrors; framed, excluding rear-view mirrors for vehicleses imported into Nepal soared to 136 tons, with an increase of 40% against the previous year. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses surged to $525K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.9% 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 +85.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 31%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China25726831346121.5%
India18.434.693.562.450.2%
Others8.011.44.01.8-39.2%
Total28331441152522.9%

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

  1. China (112.2 tons)
  2. India (23.0 tons)

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

In 2022, approx. 118 kg of glass mirrors; framed, excluding rear-view mirrors for vehicleses were exported from Nepal; with an increase of 18% against the previous year. Over the period under review, exports, however, continue to indicate a slight reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 213% against the previous year.

In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses soared to $833 in 2022. Overall, exports, however, recorded a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 44%.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain43227417.0425-0.5%
SingaporeN/AN/AN/A1780%
SwitzerlandN/AN/AN/A1550%
FranceN/AN/AN/A42.00%
CanadaN/AN/AN/A33.00%
South Korea78.0N/AN/AN/A0%
Japan1,972N/AN/AN/A0%
United Arab EmiratesN/AN/A622N/A0%
Others5.0170N/AN/A3300.0%
Total2,487444639833-30.6%

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

  1. Spain (87.0 kg)
  2. Singapore (19.0 kg)
  3. Canada (5.0 kg)
  4. Switzerland (4.0 kg)
  5. France (3.0 kg)

Source: IndexBox Market Intelligence Platform

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