Report Update Nov 1, 2024

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

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

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

After four years of growth, the Ukrainian glass rear-view vehicle mirror market decreased by -42.9% to $X in 2022. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2021, and then dropped rapidly in the following year.

Exports of Glass Rear-View Mirrors For Vehicles

Exports from Ukraine

In 2022, after ten years of growth, there was significant decline in overseas shipments of glass rear-view mirrors for vehicles, when their volume decreased by -60.6% to X units. In general, exports saw a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 107% against the previous year. As a result, the exports attained the peak of X units, and then contracted remarkably in the following year.

In value terms, glass rear-view vehicle mirror exports declined significantly to $X in 2022. Overall, exports recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of 113%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X units), Moldova (X units) and Bulgaria (X units) were the main destinations of glass rear-view vehicle mirror exports from Ukraine.

From 2012 to 2021, the biggest increases were recorded for Tajikistan (with a CAGR of +175.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for glass rear-view vehicle mirror exported from Ukraine were Poland ($X), Moldova ($X) and the Czech Republic ($X), with a combined 75% share of total exports. Russia, Bulgaria, Tajikistan, Belarus and India lagged somewhat behind, together accounting for a further 12%.

Tajikistan, with a CAGR of +134.9%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination 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, with an increase of 2.7% against the previous year. Over the period under review, the export price saw measured growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Belarus ($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 Spain (+45.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass Rear-View Mirrors For Vehicles

Imports into Ukraine

In 2022, after four years of growth, there was significant decline in overseas purchases of glass rear-view mirrors for vehicles, when their volume decreased by -48.8% to X units. In general, imports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2016 when imports increased by 133% against the previous year. Imports peaked at X units in 2021, and then fell sharply in the following year.

In value terms, glass rear-view vehicle mirror imports fell significantly to $X in 2022. Overall, imports showed a noticeable contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 29% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

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

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +156.8%), while imports for the other leaders experienced a decline.

In value terms, China ($X) constituted the largest supplier of glass rear-view mirrors for vehicles to Ukraine, comprising 28% of total imports. The second position in the ranking was held by Russia ($X), with a 13% share of total imports. It was followed by Taiwan (Chinese), with an 11% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-6.1% per year) and Taiwan (Chinese) (+2.2% per year).

Import Prices by Country

In 2021, the average glass rear-view vehicle mirror import price amounted to $X per unit, growing by 9.5% against the previous year. In general, the import price, however, showed a deep reduction. The growth pace was the most rapid in 2017 when the average import price increased by 104% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, 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 Taiwan (Chinese) ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for glass rear-view mirrors for vehicles in the world?

China remains the largest glass rear-view vehicle mirror consuming country worldwide, accounting for 25% of total volume. Moreover, glass rear-view vehicle mirror consumption in China exceeded the figures recorded by the second-largest consumer, Italy, twofold. India ranked third in terms of total consumption with a 9.9% share.

What are the largest producers of glass rear-view mirrors for vehicles in the world?

The country with the largest volume of glass rear-view vehicle mirror production was China, comprising approx. 32% of total volume. Moreover, glass rear-view vehicle mirror production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. Italy ranked third in terms of total production with an 11% share.

What are the leading suppliers of glass rear-view mirrors for vehicles to Ukraine?

In value terms, China constituted the largest supplier of glass rear-view vehicle mirror to Ukraine, comprising 33% of total imports. The second position in the ranking was occupied by Russia, with a 13% share of total imports. It was followed by Taiwan Chinese), with an 11% share.

What are the leading importers of glass rear-view mirrors for vehicles from Ukraine?

In value terms, Moldova emerged as the key foreign market for glass rear-view vehicle mirror exports from Ukraine, comprising 53% of total exports. The second position in the ranking was occupied by Russia, with a 9% share of total exports. It was followed by Lithuania, with a 7.5% share.

What is the average export price for glass rear-view mirrors for vehicles in Ukraine?

The average glass rear-view vehicle mirror export price stood at $7.1 per unit in 2020, dropping by -22.5% against the previous year.

What is the average import price for glass rear-view mirrors for vehicles in Ukraine?

The average glass rear-view vehicle mirror import price stood at $6.7 per unit in 2020, approximately equating the previous year.

This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Ukraine. 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:

Ukraine

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ukraine
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023