Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in South Korea - 2022
Contents:
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in South Korea (FOB) - 2022
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in South Korea (CIF) - 2022
- Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in South Korea
- Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in South Korea
Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in South Korea (FOB) - 2022
The average export price for optical elements; polarising material, sheets and plates thereoves stood at $56,675 per ton in December 2022, dropping by -8.8% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in June 2022 when the average export price increased by 14% m-o-m. Over the period under review, the average export prices reached the peak figure at $77,055 per ton in September 2022; however, from October 2022 to December 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2022, the country with the highest price was Japan ($95,692 per ton), while the average price for exports to Slovakia ($20,690 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+1.9%), while the prices for the other major destinations experienced a decline.
Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in South Korea (CIF) - 2022
The average import price for optical elements; polarising material, sheets and plates thereoves stood at $69,821 per ton in December 2022, growing by 10% against the previous month. Overall, the import price, however, saw a mild decline. The pace of growth appeared the most rapid in June 2022 when the average import price increased by 42% m-o-m. Over the period under review, average import prices attained the maximum at $114K per ton in September 2022; however, from October 2022 to December 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($227K per ton), while the price for the United States ($30,044 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+9.2%), while the prices for the other major suppliers experienced a decline.
Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in South Korea
Exports of optical elements; polarising material, sheets and plates thereoves from South Korea dropped remarkably to 40K tons in 2022, with a decrease of -23.6% compared with 2021. In general, exports continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2021 when exports increased by 14% against the previous year. As a result, the exports reached the peak of 53K tons, and then dropped sharply in the following year.
In value terms, exports of optical elements; polarising material, sheets and plates thereoves dropped notably to $2.5B in 2022. The total export value increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year. As a result, the exports attained the peak of $3B, and then shrank notably in the following year.
| Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,371 | 1,652 | 2,191 | 1,866 | 10.8% |
| Vietnam | 377 | 413 | 339 | 231 | -15.1% |
| Hong Kong SAR | 161 | 238 | 303 | 148 | -2.8% |
| Japan | 122 | 77.7 | 63.4 | 109 | -3.7% |
| Taiwan (Chinese) | 44.6 | 45.3 | 40.2 | 35.5 | -7.3% |
| United States | 16.2 | 19.4 | 47.5 | 29.8 | 22.5% |
| Others | 20.5 | 27.5 | 63.9 | 58.8 | 42.1% |
| Total | 2,112 | 2,473 | 3,048 | 2,478 | 5.5% |
Top Export Markets for Optical Elements; Polarising Material, Sheets and Plates Thereof from South Korea in 2022:
- China (27.6K tons)
- Vietnam (5.0K tons)
- Hong Kong SAR (2.6K tons)
- United States (1.2K tons)
- Japan (1.1K tons)
- Taiwan (Chinese) (0.6K tons)
Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in South Korea
In 2022, approx. 9.3K tons of optical elements; polarising material, sheets and plates thereoves were imported into South Korea; with a decrease of -18.1% compared with the previous year's figure. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. As a result, imports attained the peak of 11K tons, and then contracted sharply in the following year.
In value terms, imports of optical elements; polarising material, sheets and plates thereoves declined rapidly to $736M in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 35% against the previous year. As a result, imports reached the peak of $884M, and then contracted dramatically in the following year.
| Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 485 | 340 | 521 | 415 | -5.1% |
| United States | 196 | 248 | 264 | 192 | -0.7% |
| China | 38.3 | 60.0 | 90.4 | 110 | 42.1% |
| Others | 12.3 | 8.4 | 9.3 | 19.0 | 15.6% |
| Total | 732 | 656 | 884 | 736 | 0.2% |
Top Suppliers of Optical Elements; Polarising Material, Sheets and Plates Thereof to South Korea in 2022:
- United States (4.4K tons)
- Japan (3.7K tons)
- China (1.0K tons)
2964
This report provides an in-depth analysis of the contact lense market in Republic of Korea.
466
This report provides an in-depth analysis of the spectacle glass lenses market in Republic of Korea.
620
This report provides an in-depth analysis of the market for optical fiber and bundle in Republic of Korea.
397
This report provides an in-depth analysis of the prisms and mirrors market in Republic of Korea.
8318
This report provides an in-depth analysis of the global contact lense market.
856
This report provides an in-depth analysis of the global spectacle glass lenses market.
1736
This report provides an in-depth analysis of the global market for optical fiber and bundle.
541
This report provides an in-depth analysis of the global prisms and mirrors market.
2964
This report provides an in-depth analysis of the contact lense market in Republic of Korea.
466
This report provides an in-depth analysis of the spectacle glass lenses market in Republic of Korea.
125
Explore the top import markets for contact lenses across the globe, including key statistics and market insights. From Japan to France, discover the lucrative opportunities in the global contact lens industry.
1205
In 2016, the global imports of contact lens totaled X tons, jumping by X% against the previous year figure. Overall, it indicated a strong expansion from 2007 to 2016: the total imports volume i...
3647
In 2016, the global imports of contact lens totaled X tons, jumping by X% against the previous year figure. Overall, it indicated a strong expansion from 2007 to 2016: the total imports volume i...
15960
Global contact lenses consumption showed steady growth, rising from X billion units in 2007 to X billion units in 2015.
1661
The global trade in contact lenses amounted to X million USD in 2015, showing a robust growth trend from 2007 to 2015, with the exception of barely perceptible declines in 2009 and 2015. Overall, there was an annual increase of +X% from 2007 to X
2046
A report published by the Association of Contact Lens Manufacturers (ACLM) states that the number of contact lens wearers in the UK and Ireland has increased by more than twofold over the last twelve years, reaching X million people in 2014.
184
Explore the top import markets for spectacle glass lenses, including the United States, France, Germany, China, and more. Get key statistics and insights on the global import demand for these essential eyewear components.
879
In value terms, microscopes, compound optical imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indic...
877
In value terms, microscopes imports amounted to $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over ...
900
In value terms, microscopes, compound optical exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend p...
