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

Contents:

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

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

In 2022, the average import price for optical elements; polarising material, sheets and plates thereoves amounted to $22,434 per ton, jumping by 72% against the previous year. Overall, the import price recorded a tangible increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 1,151% against the previous year. As a result, import price attained the peak level of $180,500 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 ($53,364 per ton), while the price for China ($3,917 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+29.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of optical elements; polarising material, sheets and plates thereoves imported into Pakistan dropped to 76 kg, which is down by -12.6% compared with 2021. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 691%. As a result, imports attained the peak of 87 kg, and then contracted in the following year.

In value terms, imports of optical elements; polarising material, sheets and plates thereoves soared to $1.7K in 2022. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 487% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in Pakistan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A1,1740%
ChinaN/AN/AN/A1880%
Germany30368.0N/A62.0-41.1%
United Arab EmiratesN/A1261,13830.0-51.2%
OthersN/AN/AN/A2510%
Total3031941,1381,70577.9%

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

  1. China (48.0 kg)
  2. United States (22.0 kg)
  3. United Arab Emirates (3.0 kg)
  4. Germany (2.0 kg)

Source: IndexBox Market Intelligence Platform

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