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U.S. - Prisms And Mirrors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrisms and Mirrors Price in the United States - 2023
Contents:
- Prisms and Mirrors Price in the United States (FOB) - 2023
- Prisms and Mirrors Price in the United States (CIF) - 2023
- Prisms and Mirrors Exports in the United States
- Prisms and Mirrors Imports in the United States
Prisms and Mirrors Price in the United States (FOB) - 2023
The average prisms and mirrors export price stood at $303K per ton in September 2023, growing by 45% against the previous month. Over the period under review, the export price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in December 2022 an increase of 96% m-o-m. As a result, the export price reached the peak level of $619K per ton. From January 2023 to September 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($507K per ton), while the average price for exports to India ($74,911 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (-0.3%), while the prices for the other major destinations experienced a decline.
Prisms and Mirrors Price in the United States (CIF) - 2023
In September 2023, the average prisms and mirrors import price amounted to $403K per ton, rising by 20% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 30% month-to-month. As a result, import price reached the peak level of $441K per ton. From January 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Singapore ($1.5M per ton), while the price for Mexico ($125K per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Prisms and Mirrors Exports in the United States
In 2022, approx. 2.9K tons of prisms and mirrors were exported from the United States; rising by 45% on the previous year. Over the period under review, exports, however, recorded a dramatic slump.
In value terms, prisms and mirrors exports reduced to $1.4B in 2022. The total export value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 15%. As a result, the exports reached the peak of $1.5B, and then fell slightly in the following year.
Export of Prisms and Mirrors in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
China | 284 | 325 | 288 | 0.7% | |
Germany | 138 | 175 | 206 | 22.2% | |
South Korea | 265 | 260 | 192 | -14.9% | |
Japan | 168 | 224 | 166 | -0.6% | |
Taiwan (Chinese) | 48.8 | 58.6 | 77.1 | 25.7% | |
United Kingdom | 46.8 | 51.4 | 56.7 | 10.1% | |
Mexico | 12.8 | 17.7 | 39.0 | 74.6% | |
Hong Kong SAR | 60.7 | 45.6 | 38.8 | -20.0% | |
Thailand | 15.7 | 15.9 | 17.7 | 6.2% | |
Others | 239 | 295 | 337 | 18.7% | |
Total | 1,279 | 1,468 | 1,417 | 5.3% |
Top Export Markets for Prisms and Mirrors from the United States in 2022:
- China (1031.2 tons)
- South Korea (773.7 tons)
- Taiwan (Chinese) (215.6 tons)
- Japan (211.2 tons)
- Mexico (171.3 tons)
- Hong Kong SAR (106.8 tons)
- Germany (49.5 tons)
- United Kingdom (47.6 tons)
- Thailand (12.6 tons)
Prisms and Mirrors Imports in the United States
In 2022, imports of prisms and mirrors into the United States amounted to 1.7K tons, increasing by 4.5% against 2021. Overall, imports saw a slight expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, prisms and mirrors imports stood at $624M in 2022. The total import value increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.
Import of Prisms and Mirrors in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
China | 114 | 144 | 162 | 19.2% | |
Germany | 75.4 | 97.3 | 104 | 17.4% | |
Japan | 61.5 | 72.3 | 84.9 | 17.5% | |
Singapore | 33.2 | 50.2 | 43.6 | 14.6% | |
Vietnam | 6.5 | 10.4 | 34.4 | 130.1% | |
Taiwan (Chinese) | 20.1 | 20.1 | 21.7 | 3.9% | |
Canada | 13.2 | 17.5 | 19.5 | 21.5% | |
South Korea | 12.2 | 10.5 | 16.7 | 17.0% | |
Czech Republic | 9.8 | 8.7 | 8.8 | -5.2% | |
Malaysia | 4.8 | 5.4 | 7.1 | 21.6% | |
Mexico | 7.0 | 4.9 | 4.1 | -23.5% | |
Others | 91.8 | 124 | 117 | 12.9% | |
Total | 449 | 566 | 624 | 17.9% |
Top Suppliers of Prisms and Mirrors to the United States in 2022:
- China (491.6 tons)
- Germany (337.4 tons)
- Japan (265.6 tons)
- Taiwan (Chinese) (116.6 tons)
- Vietnam (92.6 tons)
- Canada (58.4 tons)
- Malaysia (50.8 tons)
- Singapore (47.5 tons)
- Mexico (34.8 tons)
- South Korea (29.8 tons)
- Czech Republic (21.0 tons)
This report provides an in-depth analysis of the prisms and mirrors market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26702153 - Prisms, mirrors and other optical elements, n.e.c.
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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