Turkey - Prisms And Mirrors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrisms and Mirrors Price in Turkey - 2023
Contents:
- Prisms and Mirrors Price in Turkey (CIF) - 2023
- Prisms and Mirrors Price in Turkey (FOB) - 2022
- Prisms and Mirrors Imports in Turkey
- Prisms and Mirrors Exports in Turkey
Prisms and Mirrors Price in Turkey (CIF) - 2023
In July 2023, the average prisms and mirrors import price amounted to $5,192 per ton, declining by -37.4% against the previous month. In general, the import price saw a pronounced reduction. The pace of growth appeared the most rapid in March 2023 an increase of 30% m-o-m. The import price peaked at $9,887 per ton in November 2022; however, from December 2022 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($8,678 per ton), while the price for Taiwan (Chinese) ($3,141 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (-2.1%), while the prices for the other major suppliers experienced a decline.
Prisms and Mirrors Price in Turkey (FOB) - 2022
The average prisms and mirrors export price stood at $29,726 per ton in 2022, with an increase of 7.8% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 134%. The export price peaked at $41,829 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($58,802 per ton), while the average price for exports to Mongolia ($4,119 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 Poland (+35.5%), while the prices for the other major destinations experienced more modest paces of growth.
Prisms and Mirrors Imports in Turkey
In 2022, the amount of prisms and mirrors imported into Turkey surged to 38K tons, picking up by 31% against the previous year. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, prisms and mirrors imports skyrocketed to $64M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Prisms and Mirrors in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 39.1 | 38.2 | 39.1 | 43.5 | 3.6% |
South Korea | 5.0 | 6.0 | 4.3 | 5.4 | 2.6% |
Others | 15.2 | 9.5 | 11.7 | 15.6 | 0.9% |
Total | 59.3 | 53.8 | 55.2 | 64.4 | 2.8% |
Top Suppliers of Prisms and Mirrors to Turkey in 2022:
- China (37.3K tons)
- South Korea (0.5K tons)
Prisms and Mirrors Exports in Turkey
In 2022, prisms and mirrors exports from Turkey reduced dramatically to 20 tons, waning by -15.5% against 2021 figures. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +5.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 104% against the previous year. As a result, the exports reached the peak of 24 tons, and then declined notably in the following year.
In value terms, prisms and mirrors exports reduced to $596K in 2022. Over the period under review, total exports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 89% against the previous year. As a result, the exports attained the peak of $653K, and then declined in the following year.
Export of Prisms and Mirrors in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 83.6 | 32.5 | 244 | 173 | 27.4% |
Germany | 162 | 143 | 156 | 40.8 | -36.8% |
United Arab Emirates | 0.9 | 2.2 | 6.7 | 32.9 | 231.9% |
Uzbekistan | 15.4 | N/A | N/A | 32.6 | 28.4% |
Israel | 5.2 | 2.9 | 0.1 | 20.5 | 58.0% |
United Kingdom | 8.1 | 12.9 | 22.2 | 17.9 | 30.3% |
Bulgaria | 48.6 | 9.9 | 7.6 | 8.3 | -44.5% |
Azerbaijan | 4.9 | 2.6 | 1.6 | 3.0 | -15.1% |
Mongolia | N/A | N/A | N/A | 2.9 | 0% |
Cyprus | 0.2 | 1.7 | 0.6 | 2.8 | 141.0% |
Cameroon | N/A | N/A | N/A | 2.3 | 0% |
Slovenia | 57.3 | 21.0 | N/A | N/A | -63.4% |
Others | 148 | 118 | 215 | 258 | 20.4% |
Total | 534 | 347 | 653 | 596 | 3.7% |
Top Export Markets for Prisms and Mirrors from Turkey in 2022:
- China (9.6 tons)
- Germany (1.7 tons)
- United Arab Emirates (1.3 tons)
- United Kingdom (1.3 tons)
- Bulgaria (0.9 tons)
- Mongolia (0.7 tons)
- Uzbekistan (0.6 tons)
- Cameroon (0.5 tons)
- Azerbaijan (0.5 tons)
- Israel (0.4 tons)
- Cyprus (0.3 tons)
This report provides an in-depth analysis of the prisms and mirrors market in Turkey. 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:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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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