Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Japan - 2023
Contents:
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Japan (FOB) - 2023
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Japan (CIF) - 2023
- Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Japan
- Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Japan
Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Japan (FOB) - 2023
In November 2023, the average export price for optical elements; polarising material, sheets and plates thereoves amounted to $140K per ton, with an increase of 15% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. As a result, the export price attained 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 November 2023, the country with the highest price was Vietnam ($232K per ton), while the average price for exports to Hong Kong SAR ($73,266 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Japan (CIF) - 2023
In November 2023, the average import price for optical elements; polarising material, sheets and plates thereoves amounted to $47,401 per ton, surging by 14% against the previous month. Over the period under review, the import price, however, showed a pronounced reduction. The most prominent rate of growth was recorded in May 2023 an increase of 20% m-o-m. The import price peaked at $69,846 per ton in November 2022; however, from December 2022 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Taiwan (Chinese) ($118K per ton), while the price for the United States ($38,144 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Japan
In 2022, the amount of optical elements; polarising material, sheets and plates thereoves exported from Japan declined dramatically to 22K tons, which is down by -26.5% on the previous year's figure. Over the period under review, exports recorded a deep setback. The smallest decline of -6.9% was in 2020.
In value terms, exports of optical elements; polarising material, sheets and plates thereoves dropped to $2.1B in 2022. In general, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 1.7%.
| Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,585 | 1,389 | 1,259 | 1,131 | -10.6% |
| South Korea | 450 | 342 | 513 | 398 | -4.0% |
| Taiwan (Chinese) | 342 | 368 | 397 | 287 | -5.7% |
| Vietnam | 72.3 | 118 | 131 | 207 | 42.0% |
| Hong Kong SAR | 120 | 134 | 85.5 | 67.2 | -17.6% |
| Others | 68.7 | 53.5 | 60.1 | 48.7 | -10.8% |
| Total | 2,637 | 2,405 | 2,446 | 2,139 | -6.7% |
Top Export Markets for Optical Elements; Polarising Material, Sheets and Plates Thereof from Japan in 2022:
- China (10.6K tons)
- Taiwan (Chinese) (6.1K tons)
- South Korea (3.1K tons)
- Vietnam (0.8K tons)
- Hong Kong SAR (0.8K tons)
Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Japan
In 2022, overseas purchases of optical elements; polarising material, sheets and plates thereoves decreased by -5% to 5K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year.
In value terms, imports of optical elements; polarising material, sheets and plates thereoves fell rapidly to $229M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 26%.
| Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 81.3 | 70.3 | 57.8 | 102 | 7.9% |
| United States | 86.0 | 93.0 | 119 | 56.7 | -13.0% |
| Taiwan (Chinese) | 19.8 | 79.9 | 79.9 | 39.2 | 25.6% |
| China | 18.3 | 18.5 | 23.5 | 23.8 | 9.2% |
| Others | 5.4 | 4.4 | 11.4 | 6.9 | 8.5% |
| Total | 211 | 266 | 291 | 229 | 2.8% |
Top Suppliers of Optical Elements; Polarising Material, Sheets and Plates Thereof to Japan in 2022:
- South Korea (2.5K tons)
- United States (1.1K tons)
- Taiwan (Chinese) (1.1K tons)
- China (0.3K tons)
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