Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Thailand - 2024

Contents:

  1. Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Thailand (CIF) - 2024
  2. Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Thailand (FOB) - 2022
  3. Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Thailand
  4. Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Thailand

Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Thailand (CIF) - 2024

The average import price for optical elements; polarising material, sheets and plates thereoves stood at $514K per ton in November 2023, rising by 64% against the previous month. In general, the import price showed tangible growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($518K per ton), while the price for South Korea ($72,301 per ton) was amongst the lowest.

From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by China (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in Thailand (FOB) - 2022

The average export price for optical elements; polarising material, sheets and plates thereoves stood at $36,237 per ton in 2022, with a decrease of -68.5% against the previous year. Over the period under review, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2020 when the average export price increased by 175% against the previous year. As a result, the export price reached the peak level of $244,742 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($197,500 per ton), while the average price for exports to Lao People's Democratic Republic ($8,000 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 Malaysia (+31.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Thailand

In 2022, imports of optical elements; polarising material, sheets and plates thereoves into Thailand amounted to 24 tons, almost unchanged from the previous year. Overall, imports, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 4.5%.

In value terms, imports of optical elements; polarising material, sheets and plates thereoves shrank to $6.5M in 2022. Over the period under review, imports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 27%.

Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)0.40.33.53.3102.1%
China2.91.71.81.3-23.5%
Japan4.83.92.11.3-35.3%
South KoreaN/A0.10.20.5123.6%
OthersN/AN/AN/AN/A0%
Total8.26.07.66.5-7.5%

Top Suppliers of Optical Elements; Polarising Material, Sheets and Plates Thereof to Thailand in 2022:

  1. Taiwan (Chinese) (10.8 tons)
  2. South Korea (6.6 tons)
  3. China (3.8 tons)
  4. Japan (2.6 tons)

Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in Thailand

In 2022, exports of optical elements; polarising material, sheets and plates thereoves from Thailand soared to 1.3 tons, surging by 24% on the previous year's figure. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 734%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, exports of optical elements; polarising material, sheets and plates thereoves dropped rapidly to $48K in 2022. Over the period under review, exports, however, showed a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 292% against the previous year. As a result, the exports attained the peak of $123K, and then contracted rapidly in the following year.

Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan61.50.710221.1-30.0%
Malaysia0.6N/A11.718.9215.8%
Taiwan (Chinese)N/AN/AN/A3.80%
SingaporeN/A0.5N/A3.6168.3%
Hong Kong SARN/AN/A8.50.2-97.6%
Others0.330.10.80.410.1%
Total62.531.312347.9-8.5%

Top Export Markets for Optical Elements; Polarising Material, Sheets and Plates Thereof from Thailand in 2022:

  1. Malaysia (705.0 kg)
  2. Singapore (445.0 kg)
  3. Japan (131.0 kg)
  4. Taiwan (Chinese) (36.0 kg)
  5. Hong Kong SAR (2.0 kg)

Source: IndexBox Market Intelligence Platform

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