Prisms and Mirrors Market

Prisms and mirrors market: read newly released information provided by an Ai-driven market research platform. Datasets provide production, market size, consumption, imports, exports, trade, market prices, and companies. There is a split by region, including the Middle East, the U.S., EU, Russia, the U.K., China, Latin America, and Africa. Market trends and outlook to 2030 are also provided in the dashboards.

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Prisms and Mirrors - World's Largest Markets

In value terms, Russia, Vietnam and Japan appeared to be the countries with the highest levels of market value in 2020, together accounting for 30% of the global market.

In terms of the main consuming countries, Vietnam (+185.0% per year) saw the highest rates of growth with regard to market size, over the period under review, while prisms and mirrors market for the other global leaders experienced more modest paces of growth.

Prisms And Mirrors Prices

Prisms and Mirrors - Top Importers

In value terms, China ($2.1B) constitutes the largest market for imported prisms and mirrors worldwide, comprising 27% of global imports. The second position in the ranking was occupied by Japan ($791M), with a 10% share of global imports. It was followed by Hong Kong SAR, with a 9.8% share.

In China, prisms and mirrors imports declined by an average annual rate of -1.2% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Japan (+3.2% per year) and Hong Kong SAR (+25.7% per year).

Prisms and Mirrors - Top Exporters

In value terms, the largest prisms and mirrors supplying countries worldwide were China ($2.1B), Japan ($1.4B) and the United States ($1.3B), with a combined 53% share of global exports.

Japan saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Prisms and Mirrors - Market Forecast

Driven by increasing demand for prisms and mirrors worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Prisms and Mirrors - Product Coverage

• HS 900190 - Optical elements; lenses n.e.s. in heading no. 9001, prisms, mirrors and other optical elements, unmounted, of any material (excluding elements of glass not optically worked)