Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Colombia - 2022

Contents:

  1. Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Colombia (CIF) - 2022
  2. Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Colombia (FOB) - 2022
  3. Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Colombia
  4. Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Colombia

Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Colombia (CIF) - 2022

In 2022, the average import price for optical elements; polarising material, sheets and plates thereoves amounted to $42,190 per ton, falling by -35.3% against the previous year. Overall, the import price continues to indicate a noticeable shrinkage. The growth pace was the most rapid in 2014 when the average import price increased by 15%. The import price peaked at $96,467 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 South Korea ($93,058 per ton), while the price for China ($15,807 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+4.4%), while the prices for the other major suppliers experienced a decline.

Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Colombia (FOB) - 2022

The average export price for optical elements; polarising material, sheets and plates thereoves stood at $46,051 per ton in 2021, growing by 22% against the previous year. In general, the export price, however, continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2018 an increase of 94% against the previous year. Over the period under review, the average export prices attained the maximum at $68,833 per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Ecuador ($47,227 per ton), while the average price for exports to Aruba stood at $16,667 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+4.5%).

Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Colombia

After two years of decline, purchases abroad of optical elements; polarising material, sheets and plates thereoves increased by 972% to 76 tons in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of optical elements; polarising material, sheets and plates thereoves skyrocketed to $3.2M in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea7474722401,78833.8%
India11145.066.468083.0%
China14394.850.143544.9%
United States65624185.1293-23.6%
Others15565.023.130.4-41.9%
Total1,8129184653,22721.2%

Top Suppliers of Optical Elements; Polarising Material, Sheets and Plates Thereof to Colombia in 2022:

  1. China (27.5 tons)
  2. India (24.2 tons)
  3. South Korea (19.2 tons)
  4. United States (5.2 tons)

Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Colombia

For the third consecutive year, Colombia recorded growth in overseas shipments of optical elements; polarising material, sheets and plates thereoves, which increased by 33% to 156 kg in 2021. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 185% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, exports of optical elements; polarising material, sheets and plates thereoves soared to $7.2K in 2021. In general, exports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 206%. The exports peaked in 2021 and are likely to see steady growth in the near future.

Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in Colombia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
EcuadorN/AN/A7.10%
ArubaN/AN/A0.10%
Switzerland1.4N/AN/A0%
PeruN/A4.4N/A0%
Others0.1N/AN/A0%
Total1.44.47.2126.8%

Top Export Markets for Optical Elements; Polarising Material, Sheets and Plates Thereof from Colombia in 2022:

  1. Ecuador (150.0 kg)
  2. Aruba (6.0 kg)

Source: IndexBox Market Intelligence Platform

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