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

Contents:

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

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

In 2022, the average import price for optical elements; polarising material, sheets and plates thereoves amounted to $9,512 per ton, rising by 51% against the previous year. In general, the import price, however, showed a slight decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 69%. As a result, import price reached the peak level of $19,519 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($80,739 per ton), while the price for the United States ($3,952 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for optical elements; polarising material, sheets and plates thereoves stood at $111,192 per ton in 2022, picking up by 11% against the previous year. Overall, the export price saw a significant increase. The most prominent rate of growth was recorded in 2015 an increase of 698% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Papua New Guinea amounted to +52.6% per year.

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

In 2022, overseas purchases of optical elements; polarising material, sheets and plates thereoves decreased by -56.4% to 7.8 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a moderate increase. The most prominent rate of growth was recorded in 2021 when imports increased by 130% against the previous year. As a result, imports reached the peak of 18 tons, and then declined sharply in the following year.

In value terms, imports of optical elements; polarising material, sheets and plates thereoves contracted sharply to $74K in 2022. Over the period under review, imports, however, saw a measured expansion. The most prominent rate of growth was recorded in 2021 with an increase of 126%. As a result, imports attained the peak of $113K, and then shrank sharply in the following year.

Import of Optical Elements; Polarising Material, Sheets and Plates Thereof in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States25.531.370.627.01.9%
JapanN/AN/A1.117.51490.9%
Germany2.42.26.514.582.1%
United Kingdom22.012.514.56.1-34.8%
Others15.64.020.49.1-16.4%
Total65.550.111374.34.3%

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

  1. United States (6.8 tons)
  2. United Kingdom (0.5 tons)
  3. Japan (0.2 tons)
  4. Germany (0.2 tons)

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

In 2022, shipments abroad of optical elements; polarising material, sheets and plates thereoves decreased by -26.3% to 146 kg, falling for the second consecutive year after two years of growth. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,029%. As a result, the exports attained the peak of 869 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of optical elements; polarising material, sheets and plates thereoves contracted rapidly to $16K in 2022. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,094% against the previous year. As a result, the exports attained the peak of $83K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Optical Elements; Polarising Material, Sheets and Plates Thereof in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/A82.1N/A16.2-55.6%
New Zealand5.4N/AN/AN/A0%
United StatesN/AN/A4.1N/A0%
Papua New GuineaN/AN/A15.8N/A0%
Others1.50.6N/AN/A-60.0%
Total6.982.619.916.232.9%

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

  1. China (146.0 kg)

Source: IndexBox Market Intelligence Platform

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