Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Sri Lanka - 2022
Contents:
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Sri Lanka (CIF) - 2022
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Sri Lanka (FOB) - 2022
- Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Sri Lanka
- Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Sri Lanka
Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Sri Lanka (CIF) - 2022
In 2022, the average import price for optical elements; polarising material, sheets and plates thereoves amounted to $176,500 per ton, increasing by 56% against the previous year. Overall, the import price saw a buoyant increase. The pace of growth was the most pronounced in 2018 an increase of 243%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($184,273 per ton), while the price for the UK stood at $91,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+21.4%), 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 Sri Lanka (FOB) - 2022
The average export price for optical elements; polarising material, sheets and plates thereoves stood at $28,000 per ton in 2022, which is down by -69% against the previous year. In general, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices reached the maximum at $95,525 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +1.3% per year.
Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Sri Lanka
In 2022, purchases abroad of optical elements; polarising material, sheets and plates thereoves decreased by -57.1% to 12 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 211% against the previous year. As a result, imports reached the peak of 28 kg, and then dropped sharply in the following year.
In value terms, imports of optical elements; polarising material, sheets and plates thereoves dropped remarkably to $2.1K in 2022. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 654% against the previous year. As a result, imports reached the peak of $3.2K, and then fell markedly in the following year.
| Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.0 | 21.0 | 827 | 2,027 | 1165.6% |
| United Kingdom | 20.0 | 151 | 780 | 91.0 | 65.7% |
| Thailand | N/A | N/A | 142 | N/A | 0% |
| Germany | 1.0 | 8.0 | 39.0 | N/A | 524.5% |
| India | 2.0 | 200 | 1,015 | N/A | 2152.8% |
| Japan | 172 | N/A | N/A | N/A | 0% |
| Singapore | 1.0 | 40.0 | 365 | N/A | 1810.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 197 | 420 | 3,168 | 2,118 | 120.7% |
Top Suppliers of Optical Elements; Polarising Material, Sheets and Plates Thereof to Sri Lanka in 2022:
- China (11.0 kg)
- United Kingdom (1.0 kg)
Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Sri Lanka
In 2022, shipments abroad of optical elements; polarising material, sheets and plates thereoves decreased by -99.2% to 1 kg, falling for the second year in a row after two years of growth. In general, exports saw a sharp descent. The growth pace was the most rapid in 2020 with an increase of 78%. As a result, the exports reached the peak of 610 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of optical elements; polarising material, sheets and plates thereoves contracted significantly to $28 in 2022. Over the period under review, exports showed a sharp contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 81%. As a result, the exports attained the peak of $57K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 17.2 | 56.9 | 9.8 | N/A | -24.5% |
| Japan | 14.1 | N/A | N/A | N/A | 0% |
| Switzerland | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 1.3 | N/A | 0% |
| Total | 31.4 | 56.9 | 11.1 | N/A | -40.5% |
Top Export Markets for Optical Elements; Polarising Material, Sheets and Plates Thereof from Sri Lanka in 2022:
- Switzerland (1.0 kg)
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