Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in China - 2023
Contents:
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in China (CIF) - 2023
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in China (FOB) - 2023
- Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in China
- Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in China
Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in China (CIF) - 2023
In December 2023, the average import price for optical elements; polarising material, sheets and plates thereoves amounted to $55,101 per ton, with an increase of 12% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 an increase of 17% against the previous month. Over the period under review, average import prices attained the maximum at $59,768 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($197K per ton), while the price for the United States ($25,446 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in China (FOB) - 2023
In December 2023, the average export price for optical elements; polarising material, sheets and plates thereoves amounted to $45,683 per ton, which is down by -21.4% against the previous month. In general, the export price faced a abrupt descent. The most prominent rate of growth was recorded in March 2023 an increase of 180% against the previous month. Over the period under review, the average export prices attained the maximum at $166K per ton in December 2022; however, from January 2023 to December 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Hong Kong SAR ($64,829 per ton), while the average price for exports to India ($21,821 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in China
In 2022, overseas purchases of optical elements; polarising material, sheets and plates thereoves decreased by -20.3% to 59K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 1.1% against the previous year.
In value terms, imports of optical elements; polarising material, sheets and plates thereoves declined markedly to $3.3B in 2022. In general, imports recorded a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 6.3%.
| Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in China (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1.8 | 1.8 | 1.8 | 1.4 | -8.0% |
| South Korea | 1.4 | 1.5 | 1.7 | 1.2 | -5.0% |
| Taiwan (Chinese) | 0.8 | 0.9 | 0.8 | 0.6 | -9.1% |
| United States | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.1 | 4.4 | 4.4 | 3.3 | -7.0% |
Top Suppliers of Optical Elements; Polarising Material, Sheets and Plates Thereof to China in 2022:
- South Korea (24.2K tons)
- Taiwan (Chinese) (23.2K tons)
- Japan (8.7K tons)
- United States (3.1K tons)
Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in China
In 2022, overseas shipments of optical elements; polarising material, sheets and plates thereoves decreased by -68.6% to 1.5K tons, falling for the second consecutive year after two years of growth. In general, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2020 when exports increased by 22%. As a result, the exports reached the peak of 9.4K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of optical elements; polarising material, sheets and plates thereoves contracted remarkably to $95M in 2022. Overall, exports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 14%. As a result, the exports attained the peak of $772M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 323 | 248 | 78.3 | 23.8 | -58.1% |
| Vietnam | 175 | 248 | 90.5 | 23.6 | -48.7% |
| South Korea | 65.0 | 62.4 | 36.4 | 15.3 | -38.3% |
| Taiwan (Chinese) | 64.7 | 174 | 82.7 | 15.0 | -38.6% |
| Japan | 20.2 | 22.4 | 13.9 | 12.1 | -15.7% |
| Others | 27.8 | 17.2 | 13.2 | 5.3 | -42.4% |
| Total | 676 | 772 | 315 | 95.2 | -48.0% |
Top Export Markets for Optical Elements; Polarising Material, Sheets and Plates Thereof from China in 2022:
- Taiwan (Chinese) (630.0 tons)
- South Korea (430.5 tons)
- Hong Kong SAR (168.4 tons)
- Vietnam (139.4 tons)
- Japan (59.8 tons)
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