Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Belarus - 2022

Contents:

  1. Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Belarus (CIF) - 2022
  2. Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Belarus (FOB) - 2022
  3. Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Belarus
  4. Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Belarus

Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Belarus (CIF) - 2022

The average import price for optical elements; polarising material, sheets and plates thereoves stood at $50,628 per ton in 2022, shrinking by -35.6% against the previous year. In general, the import price continues to indicate a noticeable setback. The growth pace was the most rapid in 2020 when the average import price increased by 160% against the previous year. Over the period under review, average import prices attained the maximum at $133,333 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($281,269 per ton), while the price for South Korea ($4,876 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.2%), while the prices for the other major suppliers experienced a decline.

Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Belarus (FOB) - 2022

The average export price for optical elements; polarising material, sheets and plates thereoves stood at $9,444 per ton in 2022, reducing by -60.5% against the previous year. Overall, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 213% against the previous year. Over the period under review, the average export prices hit record highs at $211,111 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -18.0% per year.

Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Belarus

In 2022, after three years of growth, there was significant decline in overseas purchases of optical elements; polarising material, sheets and plates thereoves, when their volume decreased by -33.3% to 2.5 tons. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 515% against the previous year. As a result, imports reached the peak of 3.8 tons, and then shrank remarkably in the following year.

In value terms, imports of optical elements; polarising material, sheets and plates thereoves shrank significantly to $129K in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 472% against the previous year. As a result, imports reached the peak of $300K, and then contracted sharply in the following year.

Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan9.832.038.779.6101.0%
China0.110.414.930.5573.1%
Germany3.02.96.413.263.9%
South Korea2.82.22.75.626.0%
RussiaN/AN/A232N/A0%
Others2.25.05.9N/A63.8%
Total17.952.530012993.2%

Top Suppliers of Optical Elements; Polarising Material, Sheets and Plates Thereof to Belarus in 2022:

  1. South Korea (1155.0 kg)
  2. China (804.0 kg)
  3. Germany (306.0 kg)
  4. Japan (283.0 kg)

Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Belarus

In 2022, exports of optical elements; polarising material, sheets and plates thereoves from Belarus skyrocketed to 630 kg, picking up by 57% against the previous year. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 171% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of optical elements; polarising material, sheets and plates thereoves shrank notably to $6K in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 317% against the previous year. As a result, the exports reached the peak of $9.6K, and then reduced rapidly in the following year.

Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia2.71.65.06.030.5%
CanadaN/A0.7N/AN/A0%
OthersN/AN/A4.6N/A0%
Total2.72.39.66.030.5%

Top Export Markets for Optical Elements; Polarising Material, Sheets and Plates Thereof from Belarus in 2022:

  1. Russia (630.0 kg)

Source: IndexBox Market Intelligence Platform

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