Price for Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Uruguay - 2023

Contents:

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

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

In 2022, the average import price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $4,083 per ton, waning by -2.8% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 28%. As a result, import price reached the peak level of $4,200 per ton, and then contracted in the following year.

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 Argentina ($8,211 per ton), while the price for China ($3,661 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for glass mirrors; framed, excluding rear-view mirrors for vehicleses amounted to $10,451 per ton, remaining relatively unchanged against the previous year. In general, the export price saw a slight reduction. The growth pace was the most rapid in 2021 when the average export price increased by 297%. Over the period under review, the average export prices hit record highs at $13,014 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($10,841 per ton), while the average price for exports to the UK amounted to $8,844 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+8.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 346 tons of glass mirrors; framed, excluding rear-view mirrors for vehicleses were imported into Uruguay; growing by 5.9% on 2021 figures. The total import volume increased at an average annual rate of +12.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 37%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of glass mirrors; framed, excluding rear-view mirrors for vehicleses rose modestly to $1.4M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.9% 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 +51.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 25%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6707381,0531,06216.6%
Brazil50.435.259.210025.7%
India45.166.837.383.822.9%
Argentina39.913355.629.0-10.1%
Taiwan (Chinese)19.222.925.7N/A15.7%
Others1081021411378.3%
Total9321,0981,3721,41214.9%

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

  1. China (290.1 tons)
  2. Brazil (25.8 tons)
  3. India (11.9 tons)
  4. Argentina (3.5 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of glass mirrors; framed, excluding rear-view mirrors for vehicleses, when their volume decreased by -22% to 539 kg. In general, exports continue to indicate a mild slump. The pace of growth appeared the most rapid in 2021 when exports increased by 21%. As a result, the exports reached the peak of 691 kg, and then dropped remarkably in the following year.

In value terms, exports of glass mirrors; framed, excluding rear-view mirrors for vehicleses shrank rapidly to $5.6K in 2022. Overall, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 379%. As a result, the exports reached the peak of $7.3K, and then fell notably in the following year.

Export of Glass Mirrors; Framed, Excluding Rear-View Mirrors for Vehicles in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChileN/AN/A5.54.9-10.9%
United Kingdom0.4N/AN/A0.720.5%
Hong Kong SARN/A0.2N/AN/A0%
Argentina2.10.9N/AN/A-57.1%
Italy1.2N/AN/AN/A0%
United StatesN/A0.31.2N/A300.0%
Others0.20.10.6N/A73.2%
Total4.01.57.35.611.9%

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

  1. Chile (454.0 kg)
  2. United Kingdom (77.0 kg)

Source: IndexBox Market Intelligence Platform

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