Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Singapore - 2023
Contents:
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Singapore (CIF) - 2022
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Singapore (FOB) - 2023
- Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Singapore
- Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Singapore
Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Singapore (CIF) - 2022
The average import price for optical elements; polarising material, sheets and plates thereoves stood at $161,171 per ton in 2022, growing by 11% against the previous year. In general, the import price posted a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 12%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in years to come.
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 Malaysia ($165,638 per ton), while the price for China ($59,392 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Singapore (FOB) - 2023
In September 2022, the average export price for optical elements; polarising material, sheets and plates thereoves amounted to $471K per ton, falling by -41.1% against the previous month. In general, the export price faced a dramatic decline. The growth pace was the most rapid in August 2022 an increase of 121% against the previous month. Over the period under review, the average export prices hit record highs at $1.8M per ton in June 2022; however, from July 2022 to September 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In September 2022, the country with the highest price was Germany ($595K per ton), while the average price for exports to China ($296K per ton) was amongst the lowest.
From June 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+75.5%), while the prices for the other major destinations experienced a decline.
Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Singapore
For the third year in a row, Singapore recorded decline in overseas purchases of optical elements; polarising material, sheets and plates thereoves, which decreased by -45.7% to 47 tons in 2022. In general, imports continue to indicate a sharp decrease. The smallest decline of -28.7% was in 2020.
In value terms, imports of optical elements; polarising material, sheets and plates thereoves reduced remarkably to $7.6M in 2022. Overall, imports faced a dramatic curtailment. The smallest decline of -19.9% was in 2020.
| Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.8 | 12.8 | 5.6 | 4.9 | -20.6% |
| Malaysia | 3.7 | 1.1 | 1.7 | 1.0 | -35.3% |
| Germany | 0.4 | 0.3 | 1.7 | 1.0 | 35.7% |
| Japan | 1.8 | 1.7 | 1.4 | 0.4 | -39.4% |
| Taiwan (Chinese) | 3.5 | 1.3 | 0.3 | 0.1 | -69.4% |
| China | 0.4 | 0.1 | 1.6 | 0.1 | -37.0% |
| Others | 2.0 | 0.1 | 0.2 | 0.2 | -53.6% |
| Total | 21.5 | 17.2 | 12.7 | 7.6 | -29.3% |
Top Suppliers of Optical Elements; Polarising Material, Sheets and Plates Thereof to Singapore in 2022:
- United States (30.2 tons)
- Germany (6.2 tons)
- Malaysia (6.1 tons)
- Japan (2.3 tons)
- China (1.2 tons)
- Taiwan (Chinese) (0.5 tons)
Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Singapore
In 2022, overseas shipments of optical elements; polarising material, sheets and plates thereoves decreased by -89.5% to 8.8 tons, falling for the second year in a row after two years of growth. Overall, exports showed a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 6.2% against the previous year. As a result, the exports attained the peak of 381 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of optical elements; polarising material, sheets and plates thereoves declined dramatically to $2.1M in 2022. Over the period under review, exports recorded a sharp decline. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year. As a result, the exports reached the peak of $46M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.1 | 1.0 | 1.5 | 0.8 | -10.1% |
| Malaysia | 1.8 | 1.1 | 2.8 | 0.7 | -27.0% |
| United States | 0.1 | N/A | 0.4 | 0.2 | 26.0% |
| China | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Thailand | N/A | N/A | 0.1 | 0.1 | 0.0% |
| South Korea | 1.0 | 0.6 | N/A | N/A | -40.0% |
| India | N/A | N/A | N/A | N/A | 0% |
| Japan | 25.8 | 40.6 | 8.1 | N/A | -44.0% |
| Others | 2.5 | 2.1 | 0.2 | 0.1 | -65.8% |
| Total | 32.4 | 45.5 | 13.3 | 2.1 | -59.8% |
Top Export Markets for Optical Elements; Polarising Material, Sheets and Plates Thereof from Singapore in 2022:
- Malaysia (5068.0 kg)
- Germany (1303.0 kg)
- United States (940.0 kg)
- China (601.0 kg)
- Thailand (296.0 kg)
- India (231.0 kg)
- South Korea (36.0 kg)
- Japan (12.0 kg)
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