Republic of Korea - Electronic Integrated Circuits and Microassemblies - Market Analysis, Forecast, Size, Trends and Insights
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View PricingElectronic Chip Price in South Korea - 2022
Contents:
- Electronic Chip Price in South Korea (FOB) - 2022
- Electronic Chip Price in South Korea (CIF) - 2022
- Electronic Chip Exports in South Korea
- Electronic Chip Imports in South Korea
Electronic Chip Price in South Korea (FOB) - 2022
The average electronic chip export price stood at $4.0 per unit in December 2022, shrinking by -1.9% against the previous month. In general, the export price showed a slight reduction. The most prominent rate of growth was recorded in June 2022 an increase of 16% month-to-month. As a result, the export price reached the peak level of $5.5 per unit. From July 2022 to December 2022, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($9.3 per unit), while the average price for exports to Thailand ($699 per thousand units) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Electronic Chip Price in South Korea (CIF) - 2022
The average electronic chip import price stood at $3.8 per unit in December 2022, falling by -9.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in February 2022 when the average import price increased by 19% month-to-month. Over the period under review, average import prices reached the peak figure at $4.2 per unit in November 2022, and then fell in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($9.9 per unit), while the price for Thailand ($697 per thousand units) was amongst the lowest.
From December 2021 to December 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 more modest paces of growth.
Electronic Chip Exports in South Korea
For the fourth year in a row, South Korea recorded growth in shipments abroad of electronic chips, which increased by 5.4% to 25B units in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.8% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 22%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, electronic chip exports amounted to $112.4B in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +42.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 32%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.
| Export of Electronic Chip in South Korea (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 32.6 | 36.1 | 46.4 | 48.7 | 14.3% |
| Hong Kong SAR | 20.5 | 18.5 | 24.1 | 17.2 | -5.7% |
| Vietnam | 9.7 | 10.4 | 12.8 | 15.5 | 16.9% |
| Taiwan (Chinese) | 4.0 | 5.8 | 10.0 | 11.7 | 43.0% |
| Singapore | 2.1 | 2.3 | 3.4 | 5.5 | 37.8% |
| Philippines | 2.6 | 2.7 | 3.6 | 3.6 | 11.5% |
| India | 1.4 | 1.0 | 1.2 | 2.2 | 16.3% |
| Malaysia | 1.1 | 1.1 | 1.4 | 1.6 | 13.3% |
| United States | 1.3 | 1.2 | 1.4 | 1.3 | 0.0% |
| Japan | 0.7 | 0.6 | 1.0 | 0.9 | 8.7% |
| Thailand | 0.4 | 0.4 | 0.6 | 0.7 | 20.5% |
| Germany | 0.2 | 0.2 | 0.2 | 0.4 | 26.0% |
| Others | 2.2 | 2.2 | 2.8 | 3.1 | 12.1% |
| Total | 78.8 | 82.6 | 109 | 112 | 12.4% |
Top Export Markets for Electronic Chip from South Korea in 2022:
- China (4.9B units)
- Singapore (3.6B units)
- Hong Kong SAR (3.4B units)
- Vietnam (3.0B units)
- Taiwan (Chinese) (2.2B units)
- Malaysia (1.7B units)
- Philippines (1.0B units)
- Thailand (0.8B units)
- Germany (0.7B units)
- Japan (0.5B units)
- India (0.5B units)
- United States (0.5B units)
Electronic Chip Imports in South Korea
In 2022, after three years of growth, there was decline in overseas purchases of electronic chips, when their volume decreased by -2.6% to 18B units. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. As a result, imports reached the peak of 19B units, and then declined modestly in the following year.
In value terms, electronic chip imports soared to $62.3B in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Electronic Chip in South Korea (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.6 | 16.1 | 20.7 | 23.5 | 17.2% |
| Taiwan (Chinese) | 8.6 | 10.9 | 14.6 | 19.4 | 31.1% |
| Japan | 2.3 | 2.5 | 3.2 | 5.3 | 32.1% |
| Singapore | 1.5 | 2.5 | 2.2 | 2.9 | 24.6% |
| United States | 3.3 | 3.1 | 3.1 | 2.4 | -10.1% |
| Malaysia | 1.6 | 1.6 | 2.0 | 2.2 | 11.2% |
| Hong Kong SAR | 0.8 | 0.5 | 0.8 | 1.0 | 7.7% |
| Philippines | 0.4 | 0.5 | 0.7 | 0.8 | 26.0% |
| Thailand | 0.4 | 0.4 | 0.6 | 0.8 | 26.0% |
| Others | 2.1 | 2.0 | 2.4 | 4.0 | 24.0% |
| Total | 35.7 | 40.2 | 50.3 | 62.3 | 20.4% |
Top Suppliers of Electronic Chip to South Korea in 2022:
- China (6.7B units)
- Taiwan (Chinese) (3.8B units)
- Malaysia (1.9B units)
- Japan (1.2B units)
- Singapore (1.1B units)
- Thailand (1.1B units)
- Philippines (0.9B units)
- United States (0.5B units)
- Hong Kong SAR (0.5B units)
This report provides an in-depth analysis of the electronic chip market in Republic of Korea. 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 26113003 - Multichip integrated circuits: processors and controllers, w hether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
- Prodcom 26113006 - Electronic integrated circuits (excluding multichip circuits): processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
- Prodcom 26113023 - Multichip integrated circuits: memories
- Prodcom 26113027 - Electronic integrated circuits (excluding multichip circuits): dynamic random-access memories (D-RAMs)
- Prodcom 26113034 - Electronic integrated circuits (excluding multichip circuits): static random-access memories (S-RAMs), including cache random-access memories (cache-RAMs)
- Prodcom 26113054 - Electronic integrated circuits (excluding multichip circuits): UV erasable, programmable, read only memories (EPROMs)
- Prodcom 26113065 - Electronic integrated circuits (excluding multichip circuits): electrically erasable, programmable, read only memories (E.PROMs), including flash E.PROMs
- Prodcom 26113067 - Electronic integrated circuits (excluding multichip circuits): other memories
- Prodcom 26113080 - Electronic integrated circuits: amplifiers
- Prodcom 26113091 - Other multichip integrated circuits n.e.c.
- Prodcom 26113094 - Other electronic integrated circuits n.e.c.
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- 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
-
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
501
This report provides an in-depth analysis of the electronic chip market in Republic of Korea.
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This report provides an in-depth analysis of the memories market in Republic of Korea.
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This report provides an in-depth analysis of the global electronic chip market.
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Global Multichip Integrated Circuits Market Report 2018. This report provides an in-depth analysis of the global multichip integrated circuits market.
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This report provides an in-depth analysis of the global memories market.
501
This report provides an in-depth analysis of the electronic chip market in Republic of Korea.
293
This report provides an in-depth analysis of the memories market in Republic of Korea.
3730
This report provides an in-depth analysis of the global electronic chip market.
409
Global Multichip Integrated Circuits Market Report 2018. This report provides an in-depth analysis of the global multichip integrated circuits market.
478
This report provides an in-depth analysis of the global memories market.
286
Explore the top 10 countries in terms of import value of electronic chips and their significance in the global market. Get key statistics and numbers on the world's best import markets for electronic chips.
1093
Global demand for semiconductor chips continues to outpace supply, mainly driven by increasing procurement from both the consumer electronics sector and automobile sector in 2021, catching major semiconductor foundries TSMC and Samsung off-guard. In response, many major Asian chip manufacturers have hiked their prices by up to 20% this year. While both TSMC and Samsung have pledged to increase production capacity, market players project the chip shortfall to persist until 2022/2023.
8591
In 2016, approx. X tons of integrated circuit were imported worldwide- increasing by X% against the previous year figure. Overall, integrated circuit imports continue to indicate a relatively fla...
388
Explore the top import markets for memories worldwide, including China, Hong Kong SAR, Taiwan (Chinese), South Korea, Singapore, Malaysia, Vietnam, Japan, India, and the United States. Learn about key statistics and trends in the memory storage industry.
286
Explore the top 10 countries in terms of import value of electronic chips and their significance in the global market. Get key statistics and numbers on the world's best import markets for electronic chips.
1093
Global demand for semiconductor chips continues to outpace supply, mainly driven by increasing procurement from both the consumer electronics sector and automobile sector in 2021, catching major semiconductor foundries TSMC and Samsung off-guard. In response, many major Asian chip manufacturers have hiked their prices by up to 20% this year. While both TSMC and Samsung have pledged to increase production capacity, market players project the chip shortfall to persist until 2022/2023.
8591
In 2016, approx. X tons of integrated circuit were imported worldwide- increasing by X% against the previous year figure. Overall, integrated circuit imports continue to indicate a relatively fla...
388
Explore the top import markets for memories worldwide, including China, Hong Kong SAR, Taiwan (Chinese), South Korea, Singapore, Malaysia, Vietnam, Japan, India, and the United States. Learn about key statistics and trends in the memory storage industry.
