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

Contents:

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

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

The average import price for glass mirrors; whether or not framed, including rear-view mirrorses stood at $1.2 per unit in 2022, growing by 47% against the previous year. In general, the import price recorded a noticeable expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Japan ($2.1 per unit), while the price for Taiwan (Chinese) ($0.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for glass mirrors; whether or not framed, including rear-view mirrorses amounted to $1.5 per unit, with an increase of 27% against the previous year. In general, the export price, however, saw a abrupt slump. Over the period under review, the average export prices attained the maximum at $2.9 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($3.1 per unit), while the average price for exports to Taiwan (Chinese) ($0.2 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 Guinea (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of glass mirrors; whether or not framed, including rear-view mirrorses into Ethiopia amounted to 4.3M units in 2022, rising by 6.1% compared with 2021 figures. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 89% against the previous year. Imports peaked at 8.2M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of glass mirrors; whether or not framed, including rear-view mirrorses soared to $5.1M in 2022. Overall, imports recorded a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by 155%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. China (3841.6K units)
2. India (174.5K units)
3. Taiwan (Chinese) (91.4K units)
4. Japan (77.4K units)
5. United Arab Emirates (74.8K units)

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

In 2022, shipments abroad of glass mirrors; whether or not framed, including rear-view mirrorses decreased by -45.5% to 8.8K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,945% against the previous year. As a result, the exports reached the peak of 16K units, and then reduced remarkably in the following year.

In value terms, exports of glass mirrors; whether or not framed, including rear-view mirrorses declined markedly to $13K in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,500%. As a result, the exports reached the peak of $19K, and then declined significantly in the following year.

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

1. Kenya (2373.0 units)
2. United States (964.0 units)
3. Senegal (483.0 units)
4. Germany (382.0 units)
5. Finland (371.0 units)
6. Guinea (304.0 units)
7. Italy (290.0 units)
8. Tunisia (268.0 units)
9. Taiwan (Chinese) (260.0 units)
10. Belgium (232.0 units)
11. Egypt (230.0 units)
12. Peru (227.0 units)
13. Netherlands (223.0 units)

Source: IndexBox Market Intelligence Platform