Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Latvia - 2023

Contents:

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

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

In 2022, the average export price for optical elements; polarising material, sheets and plates thereoves amounted to $64,667 per ton, standing approx. at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 58%. Over the period under review, the average export prices reached the peak figure at $86,333 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Lithuania amounted to +5.0% per year.

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

In 2022, the average import price for optical elements; polarising material, sheets and plates thereoves amounted to $41,000 per ton, waning by -59.2% against the previous year. In general, the import price recorded a deep contraction. The growth pace was the most rapid in 2018 an increase of 210%. As a result, import price attained the peak level of $306,972 per ton. From 2019 to 2022, the average 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 Finland ($82,000 per ton), while the price for Germany ($2,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+314.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of optical elements; polarising material, sheets and plates thereoves exported from Latvia amounted to 3 kg, standing approx. at 2021. Overall, exports continue to indicate a abrupt curtailment. The smallest decline of -25% was in 2020.

In value terms, exports of optical elements; polarising material, sheets and plates thereoves totaled $194 in 2022. In general, exports recorded a drastic downturn. The smallest decline of -15.4% was in 2020.

Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in Latvia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A1940%
Lithuania306259N/AN/A-15.4%
OthersN/AN/AN/AN/A0%
Total306259N/A194-14.1%

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

  1. Germany (3.0 kg)

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

In 2022, approx. 3 kg of optical elements; polarising material, sheets and plates thereoves were imported into Latvia; shrinking by -86.4% compared with the year before. In general, imports recorded a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 267%.

In value terms, imports of optical elements; polarising material, sheets and plates thereoves declined significantly to $123 in 2022. Overall, imports showed a sharp shrinkage. The growth pace was the most rapid in 2021 when imports increased by 346% against the previous year. As a result, imports reached the peak of $2.2K, and then dropped remarkably in the following year.

Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in Latvia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland95228422082.0-55.8%
Czech RepublicN/AN/AN/A39.00%
GermanyN/A2121,8122.0-90.3%
Japan336N/AN/AN/A0%
United States128N/AN/AN/A0%
Poland23.0N/A181N/A180.5%
Estonia256N/AN/AN/A0%
Netherlands179N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1,8744962,213123-59.7%

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

  1. Finland (1.0 kg)
  2. Germany (1.0 kg)
  3. Czech Republic (1.0 kg)

Source: IndexBox Market Intelligence Platform

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