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

Contents:

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

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

The average export price for optical elements; polarising material, sheets and plates thereoves stood at $141,260 per ton in 2022, with an increase of 443% against the previous year. In general, the export price showed a resilient increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 937% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($495,250 per ton), while the average price for exports to Kazakhstan ($10,735 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+58.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for optical elements; polarising material, sheets and plates thereoves amounted to $82,732 per ton, which is down by -59.9% against the previous year. In general, the import price, however, posted a slight expansion. The growth pace was the most rapid in 2016 when the average import price increased by 322%. As a result, import price reached the peak level of $341,973 per ton. From 2017 to 2022, the average import prices remained at a somewhat 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 Poland ($245,857 per ton), while the price for France ($13,227 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.6%), while the prices for the other major suppliers experienced a decline.

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

Exports of optical elements; polarising material, sheets and plates thereoves from Lithuania expanded markedly to 154 kg in 2022, surging by 12% compared with 2021 figures. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 3,343% against the previous year. As a result, the exports attained the peak of 482 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of optical elements; polarising material, sheets and plates thereoves skyrocketed to $22K in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,744% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A11.10%
Taiwan (Chinese)N/AN/AN/A7.90%
KazakhstanN/AN/A0.20.7250.0%
Russia0.617.52.5N/A104.1%
BelarusN/AN/A0.8N/A0%
OthersN/A0.10.12.0347.2%
Total0.617.53.621.8231.2%

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

  1. Kazakhstan (68.0 kg)
  2. United States (63.0 kg)
  3. Taiwan (Chinese) (16.0 kg)
  4. Russia (2.0 kg)

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

In 2022, imports of optical elements; polarising material, sheets and plates thereoves into Lithuania expanded notably to 257 kg, picking up by 9.4% compared with the previous year's figure. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.2% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 76%. As a result, imports reached the peak of 283 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of optical elements; polarising material, sheets and plates thereoves plummeted to $21K in 2022. Over the period under review, imports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2020 when imports increased by 61%.

Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.69.711.516.736.3%
Poland0.45.61.01.762.0%
France0.20.60.61.6100.0%
SwitzerlandN/AN/AN/A0.90%
JapanN/A4.93.1N/A-36.7%
China17.419.231.8N/A35.2%
Others1.92.60.50.4-40.5%
Total26.442.448.421.3-6.9%

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

  1. France (119.0 kg)
  2. Germany (115.0 kg)
  3. Switzerland (10.0 kg)
  4. Poland (7.0 kg)

Source: IndexBox Market Intelligence Platform

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