Japan: Prisms And Mirrors Market 2024

Prisms And Mirrors Market Size in Japan

The Japanese prisms and mirrors market soared to $X in 2022, growing by X% against the previous year. Overall, consumption recorded a strong expansion. Prisms and mirrors consumption peaked in 2022 and is likely to continue growth in the immediate term.

Prisms And Mirrors Production in Japan

In value terms, prisms and mirrors production amounted to $X in 2022 estimated in export price. In general, production recorded a pronounced setback. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Prisms And Mirrors Exports

Exports from Japan

For the third year in a row, Japan recorded decline in overseas shipments of prisms and mirrors, which decreased by X% to X tons in 2022. Over the period under review, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, prisms and mirrors exports contracted to $X in 2022. In general, exports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for prisms and mirrors exports from Japan, with a X% share of total exports. Moreover, prisms and mirrors exports to China exceeded the volume sent to the second major destination, South Korea (X tons), twofold. The third position in this ranking was taken by Taiwan (Chinese) (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, the largest markets for prisms and mirrors exported from Japan were China ($X), South Korea ($X) and Thailand ($X), with a combined X% share of total exports.

Among the main countries of destination, South Korea, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average prisms and mirrors export price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price saw a remarkable increase. The growth pace was the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Taiwan (Chinese) ($X 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 Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Prisms And Mirrors Imports

Imports into Japan

In 2022, prisms and mirrors imports into Japan declined to X tons, dropping by X% compared with 2021 figures. Over the period under review, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked 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 rapidly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

The United States (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of prisms and mirrors imports to Japan, with a combined X% share of total imports. Thailand, the Netherlands, Vietnam and Malaysia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest prisms and mirrors suppliers to Japan were China ($X), Thailand ($X) and the United States ($X), with a combined X% share of total imports. Taiwan (Chinese), the Netherlands, Vietnam and Malaysia lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average prisms and mirrors import price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($X,902 per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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