Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in the UK - 2023
Contents:
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in the UK (CIF) - 2022
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in the UK (FOB) - 2022
- Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in the UK
- Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in the UK
Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in the UK (CIF) - 2022
The average import price for optical elements; polarising material, sheets and plates thereoves stood at $90,499 per ton in 2022, stabilizing at the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for optical elements; polarising material, sheets and plates thereoves decreased by -44.0% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 42% against the previous year. Over the period under review, average import prices hit record highs at $161,516 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
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 the United States ($870,637 per ton), while the price for China ($51,494 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+36.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in the UK (FOB) - 2022
The average export price for optical elements; polarising material, sheets and plates thereoves stood at $111,490 per ton in 2022, falling by -34.7% against the previous year. In general, the export price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2014 an increase of 42%. The export price peaked at $170,836 per ton in 2021, and then reduced notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,266,749 per ton), while the average price for exports to Bahrain ($24,871 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 China (+20.0%), 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 the UK
For the fourth consecutive year, the UK recorded growth in purchases abroad of optical elements; polarising material, sheets and plates thereoves, which increased by 21% to 65 tons in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 94% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of optical elements; polarising material, sheets and plates thereoves soared to $5.9M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 44%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.1 | 1.7 | 2.4 | 3.2 | 42.8% |
| United States | 0.7 | 0.6 | 0.7 | 1.0 | 12.6% |
| Others | 1.6 | 1.2 | 1.8 | 1.7 | 2.0% |
| Total | 3.4 | 3.4 | 4.9 | 5.9 | 20.2% |
Top Suppliers of Optical Elements; Polarising Material, Sheets and Plates Thereof to the UK in 2022:
- China (62.3 tons)
- United States (1.1 tons)
Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in the UK
After two years of decline, shipments abroad of optical elements; polarising material, sheets and plates thereoves increased by 57% to 19 tons in 2022. Over the period under review, exports, however, faced a abrupt decrease.
In value terms, exports of optical elements; polarising material, sheets and plates thereoves stood at $2.1M in 2022. In general, exports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 32%.
| Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 577 | 372 | 392 | 742 | 8.7% |
| Germany | 201 | 184 | 788 | 640 | 47.1% |
| Netherlands | 371 | 155 | 130 | 273 | -9.7% |
| Poland | 23.8 | 3.0 | 141 | 176 | 94.8% |
| Denmark | 137 | 11.6 | 37.5 | 17.8 | -49.4% |
| Ireland | 278 | 82.5 | 84.5 | 13.8 | -63.2% |
| Bahrain | N/A | N/A | N/A | 13.3 | 0% |
| France | 309 | 139 | 19.3 | 6.2 | -72.8% |
| Belgium | 454 | 11.4 | 4.2 | 1.7 | -84.5% |
| Others | 916 | 608 | 466 | 232 | -36.7% |
| Total | 3,267 | 1,566 | 2,063 | 2,115 | -13.5% |
Top Export Markets for Optical Elements; Polarising Material, Sheets and Plates Thereof from the UK in 2022:
- United States (12.7 tons)
- Netherlands (3.4 tons)
- Bahrain (0.5 tons)
- Germany (0.5 tons)
- Poland (0.4 tons)
- Denmark (0.2 tons)
- Ireland (0.2 tons)
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