Report Update Mar 1, 2025

Vietnam - Prisms and Mirrors - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Prisms And Mirrors Market 2025

Prisms And Mirrors Market Size in Vietnam

In 2022, the Vietnamese prisms and mirrors market decreased by -0.6% to $X, falling for the second year in a row after five years of growth. Over the period under review, consumption, however, recorded significant growth. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Prisms And Mirrors Exports

Exports from Vietnam

In 2022, overseas shipments of prisms and mirrors decreased by -25.1% to X tons for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 239% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced dramatically in the following year.

In value terms, prisms and mirrors exports contracted to $X in 2022. Overall, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by 91%. Over the period under review, the exports reached the peak figure at $X in 2021, and then shrank in the following year.

Exports by Country

Hungary (X tons) was the main destination for prisms and mirrors exports from Vietnam, with a 65% share of total exports. Moreover, prisms and mirrors exports to Hungary exceeded the volume sent to the second major destination, China (X tons), threefold. The third position in this ranking was taken by South Korea (X tons), with a 4.8% share.

From 2012 to 2022, the average annual growth rate of volume to Hungary amounted to +69.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+69.7% per year) and South Korea (+60.6% per year).

In value terms, the largest markets for prisms and mirrors exported from Vietnam were China ($X), the United States ($X) and Hungary ($X), together comprising 66% of total exports.

Among the main countries of destination, China, with a CAGR of +79.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average prisms and mirrors export price stood at $X per ton in 2022, jumping by 19% against the previous year. Over the period under review, the export price, however, recorded a deep slump. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Hungary ($X 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 China (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.

Prisms And Mirrors Imports

Imports into Vietnam

In 2022, overseas purchases of prisms and mirrors decreased by -8.4% to X tons, falling for the second year in a row after seven years of growth. Overall, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 514% against the previous year. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, prisms and mirrors imports rose sharply to $X in 2022. Over the period under review, imports, however, showed a significant expansion. The growth pace was the most rapid in 2017 with an increase of 184% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), South Korea (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of prisms and mirrors imports to Vietnam, together accounting for 98% of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +58.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest prisms and mirrors suppliers to Vietnam were China ($X), Japan ($X) and South Korea ($X), with a combined 94% share of total imports.

Among the main suppliers, South Korea, with a CAGR of +57.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average prisms and mirrors import price amounted to $X per ton, with an increase of 15% against the previous year. In general, the import price, however, showed a drastic downturn. The growth pace was the most rapid in 2018 when the average import price increased by 56% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for prisms and mirrors in the world?

The countries with the highest volumes of in 2021 were Vietnam, Hungary and China, with a combined 51% share of global consumption.

What are the largest producers of prisms and mirrors in the world?

The countries with the highest volumes of in 2021 were South Korea, China and Taiwan Chinese), together comprising 84% of global production.

What are the leading suppliers of prisms and mirrors to Vietnam?

In value terms, South Korea, Japan and China constituted the largest prisms and mirrors suppliers to Vietnam, with a combined 89% share of total imports.

What are the leading importers of prisms and mirrors from Vietnam?

In value terms, the largest markets for prisms and mirrors exported from Vietnam were China, Hungary and the United States, together accounting for 45% of total exports.

What is the average export price for prisms and mirrors in Vietnam?

In 2021, the average prisms and mirrors export price amounted to $89,119 per ton, surging by 11% against the previous year.

What is the average import price for prisms and mirrors in Vietnam?

In 2021, the average prisms and mirrors import price amounted to $20,705 per ton, rising by 12% against the previous year.

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

Vietnam

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024