In 2023, Japan led the global export market for sheets and plates of polarising material with a 43.79% share, followed by South Korea at 35.61% and China at 13.43%. The United States and Singapore held significantly smaller shares of 3.38% and 1.71%, respectively. While Japan experienced a slight decline of 1.08% year-on-year, South Korea and Singapore saw increases of 2.02% and 8.69% respectively. Notably, Russia experienced the most significant growth at 153.64%, albeit from a much smaller base.
Future trends to watch include the potential for continued growth in Asian markets, particularly driven by technological advancements and increasing demand for polarising materials in electronics. Emerging markets may also see fluctuations based on political and economic changes, while established markets like Japan and South Korea are expected to maintain their strong positions.
Top countries in Export of Sheets and Plates of Polarising Material Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 43.79 | 2023 | -0.24% | -1.08% | View data |
| 2 | 2 South Korea | 35.61 | 2023 | +2.84% | +2.02% | View data |
| 3 | 3 China | 13.43 | 2023 | +0.84% | +0.48% | View data |
| 4 | 4 United States | 3.38 | 2023 | -0.31% | +4.97% | View data |
| 5 | 5 Singapore | 1.71 | 2023 | +5.09% | +8.69% | View data |
| 6 | 6 United Kingdom | 0.079 | 2023 | +2.95% | +3.35% | View data |
| 7 | 7 Italy | 0.012 | 2023 | -0.29% | +2.12% | View data |
| 8 | 8 Malaysia | 0.006 | 2023 | +3.2% | -2.06% | View data |
| 9 | 9 Switzerland | 0.006 | 2023 | -4.59% | -11% | View data |
| 10 | 10 France | 0.003 | 2023 | -3.24% | -1.39% | View data |
