Report Update Nov 1, 2024

MERCOSUR - Glass Rear-View Mirrors for Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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MERCOSUR: Market for Glass Rear-View Mirrors For Vehicles 2024

Exports of Glass Rear-View Mirrors For Vehicles

Exports by Country

Brazil prevails in exports structure, accounting for X units, which was near 94% of total exports in 2022. Argentina (X units) followed a long way behind the leaders.

Exports from Brazil increased at an average annual rate of +11.6% from 2020 to 2022. At the same time, Argentina (+42.8%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +42.8% from 2020-2022. Argentina (+1.6 p.p.) significantly strengthened its position in terms of the total exports, while Brazil saw its share reduced by -1.7% from 2020 to 2022, respectively.

In value terms, Brazil ($X) remains the largest glass rear-view vehicle mirror supplier in MERCOSUR, comprising 94% of total exports. The second position in the ranking was taken by Argentina ($X), with a 4.3% share of total exports.

From 2020 to 2022, the average annual growth rate of value in Brazil amounted to +20.0%.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, surging by 12% against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of +7.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Brazil ($X per unit), while Argentina stood at $X per unit.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+7.6%).

Imports of Glass Rear-View Mirrors For Vehicles

Imports in MERCOSUR

Glass rear-view vehicle mirror imports shrank dramatically to X units in 2022, with a decrease of -16.6% on 2021 figures. Overall, imports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2016 when imports increased by 105%. Over the period under review, imports reached the maximum at X units in 2021, and then shrank notably in the following year.

In value terms, glass rear-view vehicle mirror imports rose markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 65%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Brazil represented the largest importing country with an import of around X units, which recorded 49% of total imports. Argentina (X units) held the second position in the ranking, distantly followed by Colombia (X units), Chile (X units) and Peru (X units). All these countries together took approx. 45% share of total imports. The following importers - Ecuador (X units) and Uruguay (X units) - together made up 4.6% of total imports.

Imports into Brazil increased at an average annual rate of +16.2% from 2012 to 2022. At the same time, Peru (+17.9%), Colombia (+17.4%), Chile (+17.0%), Uruguay (+15.6%), Ecuador (+13.0%) and Argentina (+6.5%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +17.9% from 2012-2022. Brazil (+13 p.p.), Colombia (+3.1 p.p.), Chile (+2.8 p.p.) and Peru (+2.2 p.p.) significantly strengthened its position in terms of the total imports, while Argentina saw its share reduced by -15.5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported glass rear-view mirrors for vehicles in MERCOSUR, comprising 51% of total imports. The second position in the ranking was taken by Argentina ($X), with a 21% share of total imports. It was followed by Chile, with a 9.7% share.

In Brazil, glass rear-view vehicle mirror imports increased at an average annual rate of +4.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Argentina (-4.2% per year) and Chile (+5.2% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, rising by 26% against the previous year. Overall, the import price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 104%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Argentina ($X per unit) and Brazil ($X per unit), while Ecuador ($X per unit) and Colombia ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (-10.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in MERCOSUR. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 23121350 - Glass rear-view mirrors for vehicles

Country coverage:

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in MERCOSUR, split by region and country
Trade (exports and imports) in MERCOSUR
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Argentina
- Brazil
- Chile
- Colombia
- Ecuador
- Guyana
- Paraguay
- Peru
- Suriname
- Uruguay
- Venezuela
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023