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

Market Size for Glass Rear-View Mirrors For Vehicles in Tunisia

The Tunisian glass rear-view vehicle mirror market fell rapidly to $X in 2022, which is down by -30.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a strong expansion. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Exports of Glass Rear-View Mirrors For Vehicles

Exports from Tunisia

Glass rear-view vehicle mirror exports from Tunisia surged to X units in 2022, picking up by 300% against the year before. In general, exports, however, showed a precipitous descent. Over the period under review, the exports reached the maximum at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, glass rear-view vehicle mirror exports soared to $X in 2022. Overall, exports, however, faced a precipitous decrease. The pace of growth was the most pronounced in 2016 when exports increased by 10,277%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

India (X units) was the main destination for glass rear-view vehicle mirror exports from Tunisia, with a 17,240% share of total exports. Moreover, glass rear-view vehicle mirror exports to India exceeded the volume sent to the second major destination, France (X units), fourfold. The third position in this ranking was held by Morocco (X units), with a 2,440% share.

From 2012 to 2021, the average annual growth rate of volume to India totaled +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-18.0% per year) and Morocco (-7.2% per year).

In value terms, the largest markets for glass rear-view vehicle mirror exported from Tunisia were Austria ($X), Kuwait ($X) and India ($X).

Among the main countries of destination, Germany, with a CAGR of +27.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average glass rear-view vehicle mirror export price amounted to $X per unit, which is down by -10.1% against the previous year. Overall, the export price showed a deep downturn. Over the period under review, the average export prices attained the maximum at $X per unit in 2020, and then contracted in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Morocco ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass Rear-View Mirrors For Vehicles

Imports into Tunisia

In 2022, imports of glass rear-view mirrors for vehicles into Tunisia contracted notably to X units, waning by -29.7% against the previous year's figure. Over the period under review, imports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 225% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, glass rear-view vehicle mirror imports plummeted to $X in 2022. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 169% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Spain (X units), China (X units) and Taiwan (Chinese) (X units) were the main suppliers of glass rear-view vehicle mirror imports to Tunisia.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hong Kong SAR (with a CAGR of +53.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest glass rear-view vehicle mirror suppliers to Tunisia were Thailand ($X), Spain ($X) and Taiwan (Chinese) ($X), with a combined 64% share of total imports. China, France, Turkey, Italy, Egypt and Hong Kong SAR lagged somewhat behind, together accounting for a further 20%.

Hong Kong SAR, with a CAGR of +33.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average glass rear-view vehicle mirror import price stood at $X per unit in 2021, rising by 9.5% against the previous year. In general, the import price, however, faced a abrupt curtailment. The pace of growth appeared the most rapid in 2017 an increase of 104% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform