United Kingdom - Prisms And Mirrors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrisms and Mirrors Price in the UK - 2023
Contents:
- Prisms and Mirrors Price in the UK (CIF) - 2022
- Prisms and Mirrors Price in the UK (FOB) - 2022
- Prisms and Mirrors Imports in the UK
- Prisms and Mirrors Exports in the UK
Prisms and Mirrors Price in the UK (CIF) - 2022
In 2022, the average prisms and mirrors import price amounted to $208,732 per ton, falling by -20.6% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, prisms and mirrors import price decreased by -26.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 an increase of 62%. Over the period under review, average import prices attained the peak figure at $334,654 per ton in 2014; however, from 2015 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 China ($235,034 per ton), while the price for South Korea ($34,525 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Prisms and Mirrors Price in the UK (FOB) - 2022
In 2022, the average prisms and mirrors export price amounted to $653,597 per ton, growing by 21% against the previous year. Overall, the export price posted resilient growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 94% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
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 ($1,264,453 per ton), while the average price for exports to Poland ($136,660 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 Germany (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.
Prisms and Mirrors Imports in the UK
In 2022, imports of prisms and mirrors into the UK soared to 706 tons, picking up by 28% compared with 2021. Over the period under review, imports, however, showed a relatively flat trend pattern.
In value terms, prisms and mirrors imports reached $147M in 2022. The total import value increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.
Import of Prisms and Mirrors in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 35.6 | 37.7 | 46.7 | 52.8 | 14.0% |
China | 25.4 | 17.9 | 25.7 | 31.4 | 7.3% |
Germany | 18.3 | 12.3 | 15.9 | 11.5 | -14.3% |
Singapore | 6.7 | 7.8 | 8.7 | 10.1 | 14.7% |
Netherlands | 4.1 | 8.3 | 4.9 | 2.4 | -16.3% |
France | 2.6 | 2.2 | 2.7 | 2.3 | -4.0% |
South Korea | 1.2 | 1.1 | 1.2 | 1.4 | 5.3% |
Poland | 0.1 | 0.1 | N/A | 1.3 | 135.1% |
Hong Kong SAR | 0.3 | 0.1 | 0.3 | 0.9 | 44.2% |
Belgium | 1.5 | 0.5 | 0.4 | 0.9 | -15.7% |
Spain | 0.1 | 0.1 | N/A | 0.9 | 108.0% |
Finland | 0.7 | 1.0 | 1.6 | 0.6 | -5.0% |
Czech Republic | 6.2 | 5.7 | 6.6 | 0.2 | -68.2% |
Others | 24.2 | 29.2 | 29.9 | 30.6 | 8.1% |
Total | 127 | 124 | 145 | 147 | 5.0% |
Top Suppliers of Prisms and Mirrors to the UK in 2022:
- United States (330.2 tons)
- China (133.7 tons)
- Germany (55.4 tons)
- South Korea (41.6 tons)
- Poland (15.3 tons)
- Spain (14.9 tons)
- Finland (12.9 tons)
- Hong Kong SAR (11.8 tons)
- France (11.2 tons)
- Belgium (8.5 tons)
- Singapore (7.5 tons)
- Netherlands (2.6 tons)
- Czech Republic (1.7 tons)
Prisms and Mirrors Exports in the UK
In 2022, the amount of prisms and mirrors exported from the UK reduced to 170 tons, declining by -11.2% on 2021. Over the period under review, exports faced a sharp descent.
In value terms, prisms and mirrors exports rose notably to $111M in 2022. Overall, exports saw a relatively flat trend pattern.
Export of Prisms and Mirrors in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 24.2 | 21.7 | 24.4 | 32.1 | 9.9% |
United States | 19.9 | 18.5 | 26.2 | 26.8 | 10.4% |
France | 12.5 | 11.6 | 6.5 | 5.7 | -23.0% |
Italy | 6.9 | 5.0 | 4.6 | 5.1 | -9.6% |
Switzerland | 5.5 | 7.5 | 3.6 | 2.5 | -23.1% |
Netherlands | 5.3 | 4.3 | 3.5 | 2.3 | -24.3% |
Ireland | 1.3 | 1.3 | 1.5 | 2.0 | 15.4% |
Spain | 3.3 | 2.6 | 1.2 | 1.5 | -23.1% |
Sweden | 6.1 | 7.2 | 2.5 | 1.4 | -38.8% |
Denmark | 1.0 | 0.8 | 0.7 | 0.9 | -3.5% |
Czech Republic | 1.2 | 1.7 | 0.8 | 0.8 | -12.6% |
Poland | 1.0 | 0.9 | 0.5 | 0.7 | -11.2% |
Belgium | 2.4 | 1.1 | 0.5 | 0.3 | -50.0% |
Others | 23.7 | 25.2 | 26.9 | 29.3 | 7.3% |
Total | 114 | 110 | 104 | 111 | -0.9% |
Top Export Markets for Prisms and Mirrors from the UK in 2022:
- Germany (37.0 tons)
- Italy (26.5 tons)
- France (24.8 tons)
- United States (21.2 tons)
- Netherlands (7.6 tons)
- Switzerland (6.5 tons)
- Ireland (5.8 tons)
- Poland (5.3 tons)
- Czech Republic (2.4 tons)
- Spain (2.0 tons)
- Denmark (1.4 tons)
- Belgium (1.0 tons)
- Sweden (0.8 tons)
This report provides an in-depth analysis of the prisms and mirrors market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
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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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