Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Malaysia - 2024
Contents:
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Malaysia (CIF) - 2022
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Malaysia (FOB) - 2022
- Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Malaysia
- Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Malaysia
Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Malaysia (CIF) - 2022
The average import price for optical elements; polarising material, sheets and plates thereoves stood at $7,452 per ton in 2022, declining by -11.8% against the previous year. In general, the import price, however, continues to indicate a temperate increase. The pace of growth appeared the most rapid in 2021 an increase of 36% against the previous year. As a result, import price reached the peak level of $8,453 per ton, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($28,089 per ton), while the price for China ($4,142 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Malaysia (FOB) - 2022
The average export price for optical elements; polarising material, sheets and plates thereoves stood at $131,691 per ton in 2022, surging by 66% against the previous year. Overall, the export price recorded prominent growth. The pace of growth was the most pronounced in 2020 an increase of 257% 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($362,799 per ton), while the average price for exports to Indonesia ($10,249 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 Japan (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Malaysia
For the third consecutive year, Malaysia recorded decline in supplies from abroad of optical elements; polarising material, sheets and plates thereoves, which decreased by -55.7% to 1.2K tons in 2022. Overall, imports recorded a precipitous shrinkage. The smallest decline of -19.3% was in 2021.
In value terms, imports of optical elements; polarising material, sheets and plates thereoves reduced notably to $8.7M in 2022. Over the period under review, imports faced a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 9.7%. As a result, imports reached the peak of $22M, and then fell dramatically in the following year.
| Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 0.3 | 2.1 | 11.4 | 3.6 | 128.9% |
| Taiwan (Chinese) | 13.3 | 12.2 | 5.7 | 2.0 | -46.8% |
| China | 1.2 | 0.9 | 0.3 | 1.9 | 16.6% |
| Japan | 3.3 | 2.2 | 3.0 | 0.8 | -37.6% |
| Hong Kong SAR | 2.1 | 1.8 | 1.7 | N/A | -10.0% |
| Others | 0.1 | 1.2 | 0.3 | 0.5 | 71.0% |
| Total | 20.4 | 20.4 | 22.4 | 8.7 | -24.7% |
Top Suppliers of Optical Elements; Polarising Material, Sheets and Plates Thereof to Malaysia in 2022:
- China (466.6 tons)
- Taiwan (Chinese) (399.0 tons)
- Japan (165.5 tons)
- South Korea (126.8 tons)
- Hong Kong SAR (0.5 tons)
Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Malaysia
In 2022, shipments abroad of optical elements; polarising material, sheets and plates thereoves decreased by -59.1% to 10 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 42%. As a result, the exports reached the peak of 25 tons, and then contracted rapidly in the following year.
In value terms, exports of optical elements; polarising material, sheets and plates thereoves dropped significantly to $1.3M in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 283% against the previous year.
| Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 1.6 | 739 | 1,646 | 1,049 | 768.7% |
| Japan | N/A | 32.9 | 50.1 | 126 | 95.7% |
| China | N/A | N/A | N/A | 117 | 0% |
| Indonesia | N/A | N/A | N/A | 16.2 | 0% |
| South Korea | 7.0 | N/A | N/A | 13.0 | 22.9% |
| United States | 1.3 | 61.0 | 30.3 | 6.4 | 70.1% |
| India | N/A | N/A | 221 | N/A | 0% |
| Egypt | 32.8 | 44.5 | N/A | N/A | 35.7% |
| Bangladesh | 29.4 | N/A | N/A | N/A | 0% |
| Brazil | 143 | 49.7 | N/A | N/A | -65.2% |
| Others | 29.7 | 8.4 | 10.8 | 3.8 | -49.6% |
| Total | 244 | 935 | 1,958 | 1,331 | 76.0% |
Top Export Markets for Optical Elements; Polarising Material, Sheets and Plates Thereof from Malaysia in 2022:
- China (4.5 tons)
- Singapore (2.9 tons)
- Indonesia (1.6 tons)
- Japan (0.5 tons)
- South Korea (0.5 tons)
- United States (0.2 tons)
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