Thailand - Prisms And Mirrors - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Thailand - Prisms And Mirrors - Market Analysis, Forecast, Size, Trends And Insights

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Prisms and Mirrors Price in Thailand - 2023

Contents:

  1. Prisms and Mirrors Price in Thailand (CIF) - 2023
  2. Prisms and Mirrors Price in Thailand (FOB) - 2022
  3. Prisms and Mirrors Imports in Thailand
  4. Prisms and Mirrors Exports in Thailand

Prisms and Mirrors Price in Thailand (CIF) - 2023

In September 2023, the average prisms and mirrors import price amounted to $612K per ton, increasing by 4.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in November 2022 an increase of 27% month-to-month. The import price peaked at $654K per ton in July 2023; however, from August 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($882K per ton), while the price for South Korea ($136K per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Prisms and Mirrors Price in Thailand (FOB) - 2022

The average prisms and mirrors export price stood at $412,016 per ton in 2022, shrinking by -4.8% against the previous year. Overall, the export price, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 69%. Over the period under review, the average export prices attained the peak figure at $432,684 per ton in 2021, and then shrank modestly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($661,926 per ton), while the average price for exports to India ($60,704 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 the United States (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.

Prisms and Mirrors Imports in Thailand

In 2022, approx. 346 tons of prisms and mirrors were imported into Thailand; waning by -23.6% against the previous year's figure. Over the period under review, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. As a result, imports reached the peak of 453 tons, and then reduced sharply in the following year.

In value terms, prisms and mirrors imports expanded slightly to $188M in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Prisms and Mirrors in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan79.774.096.989.43.9%
China60.949.152.167.93.7%
Switzerland9.68.56.28.2-5.1%
Taiwan (Chinese)1.62.03.44.339.0%
MyanmarN/A3.85.34.13.9%
Malaysia0.50.40.60.4-7.2%
Others11.310.915.514.27.9%
Total1641491801884.7%

Top Suppliers of Prisms and Mirrors to Thailand in 2022:

  1. China (169.5 tons)
  2. Japan (134.7 tons)
  3. Myanmar (11.7 tons)
  4. Switzerland (7.1 tons)
  5. Malaysia (5.4 tons)
  6. Taiwan (Chinese) (5.2 tons)

Prisms and Mirrors Exports in Thailand

In 2022, after three years of growth, there was significant decline in overseas shipments of prisms and mirrors, when their volume decreased by -11.2% to 87 tons. The total export volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 19% against the previous year.

In value terms, prisms and mirrors exports dropped significantly to $36M in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 55%. As a result, the exports attained the peak of $42M, and then dropped dramatically in the following year.

Export of Prisms and Mirrors in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore15.222.535.927.722.1%
Hong Kong SAR0.20.30.31.7104.1%
United States0.10.51.51.4141.0%
China0.60.51.81.432.6%
MexicoN/AN/A0.31.3333.3%
IndiaN/A0.30.60.752.8%
Japan2.02.01.50.5-37.0%
GermanyN/A0.1N/A0.373.2%
Myanmar0.3N/AN/A0.1-30.7%
NorwayN/A0.1N/AN/A0%
Others0.30.80.50.626.0%
Total18.927.242.335.823.7%

Top Export Markets for Prisms and Mirrors from Thailand in 2022:

  1. Norway (undefined tons)
  2. Singapore (41.9 tons)
  3. India (11.1 tons)
  4. Mexico (8.3 tons)
  5. Hong Kong SAR (4.8 tons)
  6. Japan (4.5 tons)
  7. Germany (4.3 tons)
  8. China (3.1 tons)
  9. United States (2.9 tons)
  10. Myanmar (1.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the prisms and mirrors market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 26702153 - Prisms, mirrors and other optical elements, n.e.c.

Country coverage:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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