Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in the United States - 2023
Contents:
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in the United States (FOB) - 2023
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in the United States (CIF) - 2023
- Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in the United States
- Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in the United States
Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in the United States (FOB) - 2023
The average export price for optical elements; polarising material, sheets and plates thereoves stood at $61,821 per ton in December 2023, growing by 14% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average export price increased by 23% m-o-m. The export price peaked at $66,819 per ton in January 2023; however, from February 2023 to December 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($94,541 per ton), while the average price for exports to Japan ($43,116 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in the United States (CIF) - 2023
In December 2023, the average import price for optical elements; polarising material, sheets and plates thereoves amounted to $253K per ton, with an increase of 17% against the previous month. Over the period under review, the import price, however, saw a deep contraction. The pace of growth was the most pronounced in August 2023 an increase of 56% month-to-month. The import price peaked at $557K per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Singapore ($768K per ton), while the price for Japan ($220K per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Singapore (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in the United States
In 2022, shipments abroad of optical elements; polarising material, sheets and plates thereoves decreased by -18.4% to 1.7K tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 10%. As a result, the exports reached the peak of 2.4K tons. 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 declined significantly to $119M in 2022. In general, exports saw a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 13%. As a result, the exports reached the peak of $162M. 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 the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 63.3 | 67.1 | 75.4 | 41.7 | -13.0% |
| Taiwan (Chinese) | 5.1 | 8.5 | 8.7 | 19.5 | 56.4% |
| South Korea | 30.8 | 35.4 | 19.4 | 17.4 | -17.3% |
| China | 14.5 | 20.8 | 22.2 | 11.5 | -7.4% |
| Mexico | 8.9 | 4.7 | 6.2 | 9.4 | 1.8% |
| Hong Kong SAR | 7.9 | 12.1 | 9.2 | 7.0 | -4.0% |
| Singapore | 10.9 | 11.4 | 6.1 | 4.7 | -24.5% |
| Others | 3.1 | 2.5 | 4.4 | 7.3 | 33.0% |
| Total | 144 | 162 | 152 | 119 | -6.2% |
Top Export Markets for Optical Elements; Polarising Material, Sheets and Plates Thereof from the United States in 2022:
- Japan (715.0 tons)
- South Korea (268.2 tons)
- Taiwan (Chinese) (262.2 tons)
- China (119.5 tons)
- Mexico (100.1 tons)
- Hong Kong SAR (87.1 tons)
- Singapore (63.7 tons)
Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in the United States
Imports of optical elements; polarising material, sheets and plates thereoves into the United States dropped dramatically to 87 tons in 2022, which is down by -43.3% compared with the previous year's figure. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports reached the peak of 154 tons, and then declined sharply in the following year.
In value terms, imports of optical elements; polarising material, sheets and plates thereoves shrank markedly to $22M in 2022. Over the period under review, total imports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of $34M, and then fell sharply in the following year.
| Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 12.8 | 12.2 | 15.7 | 10.3 | -7.0% |
| South Korea | 5.2 | 9.7 | 11.7 | 6.0 | 4.9% |
| Israel | N/A | 0.6 | 1.1 | 1.3 | 47.2% |
| Germany | 0.7 | 0.8 | 1.4 | 1.3 | 22.9% |
| China | 1.4 | 0.7 | 1.7 | 1.3 | -2.4% |
| Singapore | N/A | 0.8 | 1.5 | 1.0 | 11.8% |
| Taiwan (Chinese) | 0.2 | 0.1 | 0.3 | 0.6 | 44.2% |
| United Kingdom | 0.4 | 0.2 | 0.2 | 0.1 | -37.0% |
| Others | 0.2 | 0.1 | 0.3 | 0.4 | 26.0% |
| Total | 21.0 | 25.2 | 33.8 | 22.3 | 2.0% |
Top Suppliers of Optical Elements; Polarising Material, Sheets and Plates Thereof to the United States in 2022:
- South Korea (40.5 tons)
- Japan (25.7 tons)
- China (6.1 tons)
- Singapore (5.0 tons)
- Taiwan (Chinese) (3.9 tons)
- Germany (2.5 tons)
- Israel (1.6 tons)
- United Kingdom (0.8 tons)
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