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Report World - Prisms and Mirrors - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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Global Prisms And Mirrors Market 2024

Prisms And Mirrors Market Size

After two years of growth, the global prisms and mirrors market decreased by -5.3% to $X in 2022. In general, consumption enjoyed prominent growth. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Prisms And Mirrors Production

In value terms, prisms and mirrors production amounted to $X in 2022 estimated in export price. Overall, the total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.1% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 37%. Over the period under review, global production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Prisms And Mirrors Exports

Exports

In 2022, global exports of prisms and mirrors fell to X tons, with a decrease of -9.7% compared with the year before. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 14%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the global exports remained at a lower figure.

In value terms, prisms and mirrors exports amounted to $X in 2022. The total export value increased at an average annual rate of +1.7% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 20% against the previous year. Over the period under review, the global exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

China was the largest exporter of prisms and mirrors in the world, with the volume of exports recording X tons, which was near 52% of total exports in 2022. It was distantly followed by South Korea (X tons), achieving a 34% share of total exports. The following exporters - Hong Kong SAR (X tons), Germany (X tons), Japan (X tons) and Taiwan (Chinese) (X tons) - each recorded a 7.8% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by China (with a CAGR of +14.2%), while the other global leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest prisms and mirrors supplier worldwide, comprising 32% of global exports. The second position in the ranking was held by Japan ($X), with a 13% share of global exports. It was followed by Hong Kong SAR, with an 8.7% share.

In China, prisms and mirrors exports increased at an average annual rate of +6.2% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (-3.0% per year) and Hong Kong SAR (+1.7% per year).

Export Prices by Country

In 2022, the average prisms and mirrors export price amounted to $X per ton, picking up by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while South Korea ($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 (+12.8%), while the other global leaders experienced more modest paces of growth.

Prisms And Mirrors Imports

Imports

In 2022, approx. X tons of prisms and mirrors were imported worldwide; shrinking by -8.3% on the previous year. Overall, imports continue to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 16%. Over the period under review, global imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, prisms and mirrors imports rose rapidly to $X in 2022. The total import value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Over the period under review, global imports attained the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

The countries with the highest levels of prisms and mirrors imports in 2022 were Turkey (X tons), China (X tons) and Vietnam (X tons), together recording 53% of total import. It was distantly followed by Germany (X tons), South Korea (X tons) and Hong Kong SAR (X tons), together constituting a 20% share of total imports. Hungary (X tons), Egypt (X tons), Poland (X tons) and Singapore (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +47.8%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported prisms and mirrors worldwide, comprising 33% of global imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 9.5% share of global imports. It was followed by Germany, with a 6.7% share.

In China, prisms and mirrors imports expanded at an average annual rate of +1.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hong Kong SAR (+3.7% per year) and Germany (+6.0% per year).

Import Prices by Country

The average prisms and mirrors import price stood at $X per ton in 2022, jumping by 21% against the previous year. Over the last decade, it increased at an average annual rate of +4.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Vietnam, Hungary and China, together comprising 51% of global consumption.
The countries with the highest volumes of in 2021 were South Korea, China and Taiwan Chinese), together accounting for 84% of global production.
In value terms, China, Japan and the United States appeared to be the countries with the highest levels of exports in 2021, with a combined 52% share of global exports. These countries were followed by South Korea, Hong Kong SAR, Germany and Taiwan Chinese), which together accounted for a further 33%.
In value terms, China constitutes the largest market for imported prisms and mirrors worldwide, comprising 24% of global imports. The second position in the ranking was occupied by South Korea, with a 10% share of global imports. It was followed by Hong Kong SAR, with a 9.9% share.
The average prisms and mirrors export price stood at $34,531 per ton in 2021, leveling off at the previous year.
The average prisms and mirrors import price stood at $82,817 per ton in 2021, reducing by -4.7% against the previous year.

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

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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. CONSUMPTION BY COUNTRY
    3. 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

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

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

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

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