Japan - Prisms And Mirrors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrisms and Mirrors Price in Japan - 2023
Contents:
- Prisms and Mirrors Price in Japan (FOB) - 2023
- Prisms and Mirrors Price in Japan (CIF) - 2023
- Prisms and Mirrors Exports in Japan
- Prisms and Mirrors Imports in Japan
Prisms and Mirrors Price in Japan (FOB) - 2023
The average prisms and mirrors export price stood at $602K per ton in July 2023, increasing by 10% against the previous month. Over the period under review, export price indicated a slight increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, prisms and mirrors export price increased by +85.8% against April 2023 indices. The pace of growth was the most pronounced in June 2023 an increase of 49% against the previous month. The export price peaked in July 2023.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Hong Kong SAR ($1.7M per ton), while the average price for exports to the Philippines ($139K per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Prisms and Mirrors Price in Japan (CIF) - 2023
The average prisms and mirrors import price stood at $657K per ton in July 2023, falling by -13.2% against the previous month. Over the period under review, import price indicated a pronounced increase from July 2022 to July 2023: its price increased at an average monthly rate of +3.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, prisms and mirrors import price increased by +65.4% against May 2023 indices. The most prominent rate of growth was recorded in June 2023 an increase of 91% against the previous month. As a result, import price attained the peak level of $757K per ton, and then dropped in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($5.1M per ton), while the price for South Korea ($162K per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Prisms and Mirrors Exports in Japan
In 2022, the amount of prisms and mirrors exported from Japan fell sharply to 3.6K tons, which is down by -20.3% against the year before. Overall, exports showed a deep slump. The smallest decline of -2.9% was in 2020.
In value terms, prisms and mirrors exports declined slightly to $1.4B in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 8.8%. As a result, the exports reached the peak of $1.5B, and then contracted in the following year.
Export of Prisms and Mirrors in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 441 | 405 | 433 | 363 | -6.3% |
South Korea | 196 | 216 | 262 | 314 | 17.0% |
Thailand | 177 | 199 | 190 | 177 | 0.0% |
Hong Kong SAR | 142 | 156 | 147 | 143 | 0.2% |
United States | 53.5 | 52.2 | 62.7 | 65.6 | 7.0% |
Taiwan (Chinese) | 52.5 | 47.7 | 69.5 | 56.0 | 2.2% |
Philippines | 17.8 | 14.1 | 20.7 | 21.0 | 5.7% |
Others | 236 | 278 | 302 | 292 | 7.4% |
Total | 1,316 | 1,368 | 1,488 | 1,432 | 2.9% |
Top Export Markets for Prisms and Mirrors from Japan in 2022:
- China (1352.7 tons)
- South Korea (583.4 tons)
- Taiwan (Chinese) (533.5 tons)
- Thailand (428.9 tons)
- Hong Kong SAR (196.5 tons)
- United States (129.8 tons)
- Philippines (94.6 tons)
Prisms and Mirrors Imports in Japan
In 2022, the amount of prisms and mirrors imported into Japan fell to 2K tons, reducing by -9.8% on the year before. In general, imports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year.
In value terms, prisms and mirrors imports expanded rapidly to $1B in 2022. The total import value increased at an average annual rate of +11.9% from 2019 to 2022; the trend pattern 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.
Import of Prisms and Mirrors in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 292 | 315 | 410 | 495 | 19.2% |
Thailand | 178 | 208 | 218 | 252 | 12.3% |
United States | 119 | 146 | 163 | 124 | 1.4% |
Taiwan (Chinese) | 17.6 | 12.9 | 23.6 | 26.5 | 14.6% |
Singapore | 36.1 | 50.6 | 12.7 | 20.4 | -17.3% |
Netherlands | 0.3 | 0.4 | 0.8 | 18.4 | 294.4% |
Vietnam | 6.7 | 6.0 | 8.3 | 13.9 | 27.5% |
Others | 66.3 | 52.0 | 52.3 | 52.0 | -7.8% |
Total | 716 | 791 | 889 | 1,003 | 11.9% |
Top Suppliers of Prisms and Mirrors to Japan in 2022:
- United States (906.3 tons)
- China (738.9 tons)
- Taiwan (Chinese) (132.6 tons)
- Thailand (77.6 tons)
- Netherlands (44.9 tons)
- Vietnam (42.4 tons)
- Singapore (18.7 tons)
This report provides an in-depth analysis of the prisms and mirrors market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26702153 - Prisms, mirrors and other optical elements, n.e.c.
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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