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World - Printed Circuits - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Printed Circuits - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Feb 15, 2024

The Best Import Markets for Printed Circuit

Printed circuits, also known as printed circuit boards (PCBs), are essential components in various electronic devices. As technology continues to advance, the demand for PCBs is expected to grow rapidly. Understanding the top import markets for printed circuits can provide valuable insights into the global electronics industry. In this article, we will explore the world's best import markets for printed circuits based on data from the IndexBox market intelligence platform.

1. China

China holds the top position as the world's largest import market for printed circuits. In 2022, China's import value for printed circuits reached a staggering $10.8 billion. China's dominance in the electronics manufacturing industry, coupled with its strong consumer demand for electronic devices, contributes to its leading position in the import market for printed circuits.

2. Hong Kong SAR

Hong Kong SAR, a major hub for trade and finance in Asia, ranks second in terms of import value for printed circuits. In 2022, its import value stood at $8.5 billion. The region's strategic location, advanced infrastructure, and well-developed supply chain networks make it an attractive destination for the import of printed circuits.

3. Vietnam

Vietnam has emerged as a significant player in the global import market for printed circuits. With an import value of $5.8 billion in 2022, the country offers competitive advantages such as low labor costs, favorable investment policies, and a rapidly growing electronics manufacturing sector. These factors have contributed to Vietnam's rise as a preferred import market for printed circuits.

4. Taiwan (Chinese)

Taiwan, officially known as Chinese Taipei, is another key importer of printed circuits. Its import value for printed circuits reached $3.7 billion in 2022. Taiwan has a well-established electronics industry, including renowned PCB manufacturers. The country's expertise in electronics manufacturing and strong technological capabilities contribute to its prominence in the import market for printed circuits.

5. Malaysia

Malaysia is an important import market for printed circuits, with an import value of $3.7 billion in 2022. The country's favorable business environment, skilled workforce, and government incentives for electronics manufacturing have attracted significant investments. These factors, along with Malaysia's strategic location in Southeast Asia, contribute to its growing import market for printed circuits.

6. South Korea

South Korea, known for its strong presence in the global electronics industry, stands out as a major import market for printed circuits. With an import value of $3.6 billion in 2022, the country's advanced technology, highly skilled workforce, and well-established supply chains position it favorably in the import market for printed circuits.

7. Mexico

Mexico, a key player in the North American electronics market, ranks seventh in terms of import value for printed circuits. In 2022, Mexico's import value for printed circuits amounted to $3.5 billion. Its proximity to the United States, competitive manufacturing costs, and favorable trade agreements contribute to Mexico's significance in the import market for printed circuits.

8. United States

The United States, a major consumer of electronic devices, also plays a significant role in the import market for printed circuits. With an import value of $2.8 billion in 2022, the country's demand for printed circuits drives its import market. However, the United States also has a thriving domestic PCB manufacturing industry, which affects its import volumes.

9. Germany

Germany, known for its advanced technology and engineering capabilities, holds a prominent position in the import market for printed circuits. In 2022, its import value for printed circuits reached $2.4 billion. The country's strong manufacturing base, focus on innovation, and high-quality engineering contribute to its import market for printed circuits.

10. Thailand

Thailand rounds out the list of the world's best import markets for printed circuits. With an import value of $2.2 billion in 2022, Thailand has emerged as a competitive destination for electronics manufacturing. The country's strategic location, well-developed infrastructure, and government support for the electronics industry make it an attractive import market for printed circuits.

In conclusion, the world's best import markets for printed circuits are led by China, followed by Hong Kong SAR, Vietnam, Taiwan (Chinese), Malaysia, South Korea, Mexico, the United States, Germany, and Thailand. These countries offer various competitive advantages, including advanced technology, well-established supply chains, favorable business environments, and government support. Understanding the dynamics of these import markets can help businesses and investors make informed decisions in the rapidly evolving electronics industry.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global printed circuit 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 26121020 - Bare multilayer printed circuit boards
  • Prodcom 26121050 - Bare printed circuit boards other than multilayer
  • Prodcom 26121080 - Passive networks (including networks of resistors and/or capacitors) (excluding resistor chip arrays, capacitor chip arrays, boards containing active components, hybrids)

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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