Eastern Asia: Prisms And Mirrors Market 2024

Prisms And Mirrors Market Size in Eastern Asia

In 2022, the East Asian prisms and mirrors market increased by X% to $X, rising for the fifth year in a row after five years of decline. In general, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Prisms And Mirrors Production in Eastern Asia

In value terms, prisms and mirrors production reached $X in 2022 estimated in export price. Overall, production, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

Prisms And Mirrors Exports

Exports in Eastern Asia

In 2022, prisms and mirrors exports in Eastern Asia shrank to X tons, dropping by X% compared with 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, prisms and mirrors exports stood at $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

In 2022, China (X tons) was the key exporter of prisms and mirrors, constituting X% of total exports. It was distantly followed by South Korea (X tons), achieving a X% share of total exports. The following exporters - Taiwan (Chinese) (X tons), Hong Kong SAR (X tons) and Japan (X tons) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, China ($X) remains the largest prisms and mirrors supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China totaled X%. In the other countries, the average annual rates were as follows: Japan (X% per year) and Hong Kong SAR (X% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by X%. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced mixed trends in the export price figures.

Prisms And Mirrors Imports

Imports in Eastern Asia

In 2022, the amount of prisms and mirrors imported in Eastern Asia fell significantly to X tons, reducing by X% against the year before. Over the period under review, imports recorded a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, prisms and mirrors imports rose notably to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X tons) was the main importer of prisms and mirrors, making up X% of total imports. South Korea (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Hong Kong SAR (X%). The following importers - Japan (X tons) and Taiwan (Chinese) (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to prisms and mirrors imports into China stood at X%. Hong Kong SAR (X%), South Korea (X%), Japan (X%) and Taiwan (Chinese) (X%) illustrated a downward trend over the same period. While the share of Hong Kong SAR (X p.p.) and South Korea (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Taiwan (Chinese) (X p.p.) and China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported prisms and mirrors in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China totaled X%. In the other countries, the average annual rates were as follows: Japan (X% per year) and Hong Kong SAR (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price posted a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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