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China - Prisms And Mirrors - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

China - Prisms And Mirrors - Market Analysis, Forecast, Size, Trends And Insights

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Jul 5, 2023

Prisms and Mirrors Price in China Soars 28% to $36.8 per kg

China Prisms And Mirrors Export Price in April 2023

In April 2023, the prisms and mirrors price amounted to $36,797 per ton (FOB, China), with an increase of 28% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in June 2022 when the average export price increased by 51% m-o-m. As a result, the export price reached the peak level of $48,611 per ton. From July 2022 to April 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In April 2023, the country with the highest price was South Korea ($36,917 per ton), while the average price for exports to Indonesia ($3,741 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Prisms And Mirrors in China (USD per ton)
Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023
South Korea22,20715,77425,30221,23031,22648,34439,03730,08135,48520,78317,78019,19336,917
Vietnam19,79321,36815,51723,91224,97719,03330,58623,62025,58717,45421,70517,35219,849
India8,5846,1876,6698,9729,0056,7219,7876,8849,1138,52211,7837,3548,847
Poland8,8025,6005,1167,3595,4224,7495,6525,4425,7755,2025,2326,0667,428
Turkey4,6444,7126,4276,7985,3144,8495,8447,4855,5204,3435,3004,8845,662
Brazil3,91510,5116,8684,6676,7375,5465,1686,2984,3954,1335,1614,8595,307
Egypt4,7764,8624,6344,9065,1704,8324,5104,5044,7824,8754,7264,6574,731
Mexico5,3234,1634,6304,3714,3094,3954,2374,4493,7014,2844,4134,6834,682
Indonesia3,0683,0063,0103,1893,1702,6702,7702,7133,0303,2532,9313,1513,741
Average37,07732,17548,61142,42435,30528,61632,65132,80128,58825,47828,48028,66336,797

China Prisms And Mirrors Exports

In April 2023, the amount of prisms and mirrors exported from China reduced markedly to 6.8K tons, which is down by -28.3% compared with March 2023 figures. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 with an increase of 25% against the previous month.

In value terms, prisms and mirrors exports reduced to $249M (IndexBox estimates) in April 2023. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in June 2022 when exports increased by 30% against the previous month.

China Prisms And Mirrors Exports by Country

Mexico (2.1K tons), Vietnam (1.1K tons) and India (448 tons) were the main destinations of prisms and mirrors exports from China, with a combined 53% share of total exports. These countries were followed by Egypt, Turkey, Indonesia, South Korea, Poland and Brazil, which together accounted for a further 29%.

From April 2022 to April 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +13.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prisms and mirrors exported from China were Vietnam ($21M), South Korea ($12M) and Mexico ($9.8M), with a combined 17% share of total exports. These countries were followed by India, Poland, Turkey, Egypt, Indonesia and Brazil, which together accounted for a further 5.1%.

Poland, with a CAGR of +12.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the prisms and mirrors market in China. 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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