Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in India - 2023
Contents:
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in India (CIF) - 2022
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in India (FOB) - 2022
- Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in India
- Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in India
Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in India (CIF) - 2022
The average import price for optical elements; polarising material, sheets and plates thereoves stood at $69,936 per ton in 2022, with an increase of 177% against the previous year. Over the period under review, the import price saw a slight increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($241,681 per ton), while the price for South Korea ($4,321 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+204.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in India (FOB) - 2022
The average export price for optical elements; polarising material, sheets and plates thereoves stood at $158,229 per ton in 2022, increasing by 99% against the previous year. Overall, the export price saw significant growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 380%. The export price peaked 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 the Czech Republic ($803,500 per ton), while the average price for exports to the UK ($8,997 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 South Korea (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in India
Imports of optical elements; polarising material, sheets and plates thereoves into India skyrocketed to 245 tons in 2022, increasing by 72% against the year before. Over the period under review, imports continue to indicate a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of optical elements; polarising material, sheets and plates thereoves soared to $17M in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | 0.1 | 2.0 | 14.2 | 1091.6% |
| China | 0.8 | 0.5 | 0.3 | 0.9 | 4.0% |
| United States | 0.8 | 0.9 | 0.3 | 0.8 | 0.0% |
| South Korea | 0.9 | 0.4 | 0.6 | 0.6 | -12.6% |
| Hong Kong SAR | 0.2 | 0.1 | 0.4 | 0.5 | 35.7% |
| Germany | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.8 | 2.0 | 3.6 | 17.2 | 83.1% |
Top Suppliers of Optical Elements; Polarising Material, Sheets and Plates Thereof to India in 2022:
- South Korea (149.5 tons)
- Vietnam (58.8 tons)
- China (19.8 tons)
- United States (8.5 tons)
- Hong Kong SAR (5.8 tons)
- Germany (2.8 tons)
Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in India
In 2022, the amount of optical elements; polarising material, sheets and plates thereoves exported from India contracted to 2.8 tons, approximately reflecting the previous year's figure. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 450%. As a result, the exports reached the peak of 2.8 tons, leveling off in the following year.
In value terms, exports of optical elements; polarising material, sheets and plates thereoves soared to $443K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 2,176% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | N/A | 97.4 | 338 | 247.0% |
| Czech Republic | N/A | 2.0 | 63.7 | 69.1 | 487.8% |
| South Korea | N/A | N/A | 21.0 | 16.8 | -20.0% |
| United Kingdom | 14.9 | 4.7 | 11.3 | 8.2 | -18.1% |
| Sri Lanka | 3.2 | 2.9 | N/A | N/A | -9.4% |
| China | N/A | N/A | 24.0 | N/A | 0% |
| Nepal | N/A | N/A | 2.6 | N/A | 0% |
| Others | N/A | 0.2 | 3.4 | 11.0 | 641.6% |
| Total | 18.1 | 9.8 | 223 | 443 | 190.3% |
Top Export Markets for Optical Elements; Polarising Material, Sheets and Plates Thereof from India in 2022:
- Vietnam (1296.0 kg)
- United Kingdom (916.0 kg)
- South Korea (463.0 kg)
- Czech Republic (86.0 kg)
- China (1.0 kg)
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