Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in South Africa - 2024

Contents:

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

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

In 2022, the average import price for optical elements; polarising material, sheets and plates thereoves amounted to $115,230 per ton, jumping by 28% against the previous year. Over the period under review, the import price posted mild growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by 333%. The import price peaked at $162,721 per ton in 2017; however, from 2018 to 2022, import prices stood 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 the United States ($179,000 per ton), while the price for China ($13,718 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.4%), 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 South Africa (FOB) - 2022

The average export price for optical elements; polarising material, sheets and plates thereoves stood at $4,546 per ton in 2022, which is down by -77.2% against the previous year. Overall, the export price saw a perceptible decrease. The pace of growth was the most pronounced in 2013 an increase of 492% against the previous year. As a result, the export price attained the peak level of $43,384 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lesotho ($211,000 per ton), while the average price for exports to Saint Helena, Ascension and Tristan da Cunha ($2,106 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 Seychelles (+69.0%), 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 South Africa

In 2022, the amount of optical elements; polarising material, sheets and plates thereoves imported into South Africa declined markedly to 256 kg, with a decrease of -21.2% compared with 2021. In general, imports faced a sharp downturn. The smallest decline of -20% was in 2021.

In value terms, imports of optical elements; polarising material, sheets and plates thereoves reached $29K in 2022. Overall, imports saw a sharp decrease.

Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.66.23.122.744.0%
Germany13.210.18.74.4-30.7%
China0.81.31.91.111.2%
ItalyN/AN/A9.90.7-92.9%
Japan0.71.0N/A0.5-10.6%
Belgium5.9N/AN/AN/A0%
Netherlands18738.9N/AN/A-79.2%
Others2.57.15.60.2-56.9%
Total21864.629.229.5-48.7%

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

  1. United States (127.0 kg)
  2. China (78.0 kg)
  3. Germany (42.0 kg)
  4. Italy (4.0 kg)
  5. Japan (4.0 kg)

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

In 2022, the amount of optical elements; polarising material, sheets and plates thereoves exported from South Africa expanded to 500 kg, increasing by 2.9% compared with 2021 figures. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 335% against the previous year. As a result, the exports attained the peak of 574 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 reduced rapidly to $2.3K in 2022. Overall, exports posted a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 452%. As a result, the exports attained the peak of $9.9K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saint Helena, Ascension and Tristan da CunhaN/AN/AN/A1.00%
ZimbabweN/AN/A6.90.4-94.2%
NamibiaN/A4.40.10.4-69.8%
Botswana0.40.3N/A0.2-20.6%
GermanyN/A2.6N/AN/A0%
SwazilandN/A2.6N/AN/A0%
MozambiqueN/AN/A2.7N/A0%
United StatesN/AN/AN/AN/A0%
Others1.3N/AN/A0.3-38.7%
Total1.89.99.72.38.5%

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

  1. Saint Helena, Ascension and Tristan da Cunha (453.0 kg)
  2. Botswana (21.0 kg)
  3. Zimbabwe (19.0 kg)
  4. Namibia (5.0 kg)

Source: IndexBox Market Intelligence Platform

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