Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in the Philippines - 2023
Contents:
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in the Philippines (CIF) - 2022
- Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in the Philippines (FOB) - 2022
- Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in the Philippines
- Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in the Philippines
Price for Optical Elements; Polarising Material, Sheets and Plates Thereof in the Philippines (CIF) - 2022
The average import price for optical elements; polarising material, sheets and plates thereoves stood at $153,022 per ton in 2022, waning by -25.1% against the previous year. Over the period under review, the import price, however, posted a tangible expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 443% against the previous year. Over the period under review, average import prices reached the peak figure at $204,346 per ton in 2021, and then contracted markedly in the following year.
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 Japan ($935,799 per ton), while the price for South Korea ($5,771 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+16.9%), 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 the Philippines (FOB) - 2022
In 2022, the average export price for optical elements; polarising material, sheets and plates thereoves amounted to $135,718 per ton, reducing by -17.2% against the previous year. In general, the export price, however, recorded a significant increase. The pace of growth appeared the most rapid in 2019 an increase of 167%. The export price peaked at $277,671 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($143,706 per ton), while the average price for exports to Hong Kong SAR amounted to $129,545 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+936.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Optical Elements; Polarising Material, Sheets and Plates Thereof in the Philippines
In 2022, overseas purchases of optical elements; polarising material, sheets and plates thereoves increased by 113% to 46 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a precipitous descent.
In value terms, imports of optical elements; polarising material, sheets and plates thereoves skyrocketed to $7.1M in 2022. Over the period under review, imports, however, faced a abrupt curtailment.
| Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 0.1 | 0.2 | 0.5 | 4.8 | 263.4% |
| Japan | 7.0 | 3.7 | 3.6 | 2.1 | -33.1% |
| China | 3.8 | 0.5 | 0.3 | 0.2 | -62.5% |
| South Korea | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.9 | 4.4 | 4.4 | 7.1 | -13.3% |
Top Suppliers of Optical Elements; Polarising Material, Sheets and Plates Thereof to the Philippines in 2022:
- Hong Kong SAR (33.1 tons)
- China (8.2 tons)
- South Korea (2.7 tons)
- Japan (2.2 tons)
Exports of Optical Elements; Polarising Material, Sheets and Plates Thereof in the Philippines
In 2022, approx. 39 kg of optical elements; polarising material, sheets and plates thereoves were exported from the Philippines; growing by 26% against the year before. Overall, exports, however, showed a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 6,585%. As a result, the exports attained the peak of 47 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of optical elements; polarising material, sheets and plates thereoves expanded to $5.3K in 2022. Over the period under review, exports, however, showed a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 14,892%. As a result, the exports attained the peak of $13M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | N/A | N/A | N/A | N/A | 0% |
| South Korea | N/A | 1.0 | N/A | N/A | 0% |
| Japan | N/A | N/A | N/A | N/A | 0% |
| Germany | N/A | 5.3 | N/A | N/A | 0% |
| United States | N/A | 6.2 | N/A | N/A | 0% |
| Others | 0.1 | 0.6 | N/A | N/A | 500.0% |
| Total | 0.1 | 13.1 | N/A | N/A | 13000.0% |
Top Export Markets for Optical Elements; Polarising Material, Sheets and Plates Thereof from the Philippines in 2022:
- Hong Kong SAR (22.0 kg)
- Japan (17.0 kg)
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