Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Vietnam - 2022
Contents:
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Vietnam (CIF) - 2022
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Vietnam (FOB) - 2022
- Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Vietnam
- Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Vietnam
Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Vietnam (CIF) - 2022
The average import price for optical elements; polarising material, sheets and plates thereoves stood at $165,329 per ton in 2022, with an increase of 5.3% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for optical elements; polarising material, sheets and plates thereoves increased by +122.4% against 2012 indices. The pace of growth was the most pronounced in 2014 an increase of 17% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($170,279 per ton) and China ($169,038 per ton), while the price for South Korea ($165,072 per ton) and Japan ($165,072 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.8%), 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 Vietnam (FOB) - 2022
The average export price for optical elements; polarising material, sheets and plates thereoves stood at $120,934 per ton in 2022, rising by 4.1% against the previous year. Overall, the export price recorded a prominent expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 37% against the previous year. As a result, the export price attained the peak level of $184,721 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to South Korea ($124,349 per ton) and Hong Kong SAR ($120,688 per ton), while the average price for exports to Japan ($120,669 per ton) and India ($120,676 per ton) were amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+7.6%), 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 Vietnam
In 2022, overseas purchases of optical elements; polarising material, sheets and plates thereoves decreased by -14.5% to 3.2K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year. As a result, imports reached the peak of 4.8K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of optical elements; polarising material, sheets and plates thereoves declined to $532M in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 22% against the previous year. As a result, imports attained the peak of $665M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 136 | 250 | 241 | 306 | 31.0% |
| South Korea | 330 | 310 | 284 | 194 | -16.2% |
| China | 61.3 | 89.0 | 56.5 | 21.1 | -29.9% |
| Taiwan (Chinese) | 15.9 | 15.5 | 8.8 | 10.9 | -11.8% |
| Others | 0.1 | 0.1 | 0.3 | 0.2 | 26.0% |
| Total | 544 | 665 | 591 | 532 | -0.7% |
Top Suppliers of Optical Elements; Polarising Material, Sheets and Plates Thereof to Vietnam in 2022:
- Japan (1851.4 tons)
- South Korea (1174.0 tons)
- China (124.7 tons)
- Taiwan (Chinese) (64.1 tons)
Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Vietnam
In 2022, exports of optical elements; polarising material, sheets and plates thereoves from Vietnam skyrocketed to 360 tons, rising by 42% on 2021 figures. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 210%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, exports of optical elements; polarising material, sheets and plates thereoves surged to $44M in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 87% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 0.1 | 2.0 | 13.9 | 1079.0% |
| China | 15.2 | 32.8 | 11.5 | 13.6 | -3.6% |
| Hong Kong SAR | N/A | 0.1 | 9.4 | 11.4 | 967.7% |
| South Korea | 6.1 | 4.2 | 2.5 | 3.1 | -20.2% |
| Japan | N/A | 2.7 | 3.9 | 1.4 | -28.0% |
| Others | N/A | 0.1 | 0.3 | 0.1 | 0.0% |
| Total | 21.3 | 39.9 | 29.4 | 43.5 | 26.9% |
Top Export Markets for Optical Elements; Polarising Material, Sheets and Plates Thereof from Vietnam in 2022:
- India (115.1 tons)
- China (112.7 tons)
- Hong Kong SAR (94.6 tons)
- South Korea (25.1 tons)
- Japan (11.5 tons)
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