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

Contents:

  1. Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Ecuador (CIF) - 2022
  2. Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Ecuador

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

In 2022, the average import price for optical elements; polarising material, sheets and plates thereoves amounted to $35,649 per ton, with a decrease of -47.7% against the previous year. In general, the import price showed a noticeable descent. The pace of growth was the most pronounced in 2016 an increase of 57%. Over the period under review, average import prices hit record highs at $69,860 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 the United States ($63,361 per ton), while the price for China ($30,704 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of optical elements; polarising material, sheets and plates thereoves imported into Ecuador soared to 3.1 tons, growing by 59% compared with 2021 figures. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 468%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of optical elements; polarising material, sheets and plates thereoves shrank rapidly to $112K in 2022. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 570%. As a result, imports attained the peak of $134K, and then dropped markedly in the following year.

Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.23.420.758.7198.8%
United States20.910.259.622.82.9%
South KoreaN/AN/A38.721.5-44.4%
Hong Kong SAR0.50.20.48.0152.0%
Others7.46.215.00.9-50.5%
Total30.920.013411253.6%

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

  1. China (1912.0 kg)
  2. South Korea (686.0 kg)
  3. United States (360.0 kg)
  4. Hong Kong SAR (180.0 kg)

Source: IndexBox Market Intelligence Platform

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