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

Contents:

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

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

The average import price for optical elements; polarising material, sheets and plates thereoves stood at $32,275 per ton in 2022, dropping by -13.5% against the previous year. In general, the import price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2015 an increase of 130% against the previous year. The import price peaked at $94,251 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 Taiwan (Chinese) ($94,068 per ton), while the price for China ($26,800 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+101.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for optical elements; polarising material, sheets and plates thereoves stood at $8,909 per ton in 2022, reducing by -79.8% against the previous year. Over the period under review, the export price showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 695% against the previous year. The export price peaked at $44,155 per ton in 2021, and then contracted rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($51,389 per ton), while the average price for exports to Guinea ($8,392 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 Hong Kong SAR (+10.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, overseas purchases of optical elements; polarising material, sheets and plates thereoves increased by 71% to 21 tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of optical elements; polarising material, sheets and plates thereoves surged to $672K in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3711782074002.5%
South Korea73.225920621443.0%
Others37.298.641.358.216.1%
Total48253545467211.7%

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

  1. China (14.9 tons)
  2. South Korea (5.5 tons)

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

Exports of optical elements; polarising material, sheets and plates thereoves from Turkey soared to 2.8 tons in 2022, picking up by 3,181% compared with the previous year. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 4,100% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of optical elements; polarising material, sheets and plates thereoves skyrocketed to $25K in 2022. In general, exports showed a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by 8,142%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GuineaN/AN/AN/A12.90%
LebanonN/AN/AN/A10.70%
Hong Kong SAR14.8N/AN/AN/A0%
Cyprus6.2N/AN/AN/A0%
DenmarkN/AN/A3.7N/A0%
OthersN/AN/AN/A0.90%
Total21.0N/A3.724.65.4%

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

  1. Guinea (1542.0 kg)
  2. Lebanon (1196.0 kg)

Source: IndexBox Market Intelligence Platform

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