Philippines - Electronic Integrated Circuits and Microassemblies - Market Analysis, Forecast, Size, Trends and Insights
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View PricingElectronic Chip Price in the Philippines - 2023
Contents:
- Electronic Chip Price in the Philippines (FOB) - 2022
- Electronic Chip Price in the Philippines (CIF) - 2022
- Electronic Chip Exports in the Philippines
- Electronic Chip Imports in the Philippines
Electronic Chip Price in the Philippines (FOB) - 2022
The average electronic chip export price stood at $0.3 per unit in 2022, reducing by -16.8% against the previous year. Overall, the export price showed a abrupt contraction. The growth pace was the most rapid in 2021 when the average export price increased by 22%. Over the period under review, the average export prices reached the peak figure at $0.7 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($0.7 per unit), while the average price for exports to the Czech Republic ($0.1 per unit) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+1.3%), while the prices for the other major destinations experienced a decline.
Electronic Chip Price in the Philippines (CIF) - 2022
The average electronic chip import price stood at $0.4 per unit in 2022, declining by -28.4% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 21% against the previous year. As a result, import price reached the peak level of $0.5 per unit, and then fell significantly in the following year.
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 Japan ($1 per unit), while the price for South Korea ($0.2 per unit) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+31.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Electronic Chip Exports in the Philippines
Electronic chip exports from the Philippines soared to 102B units in 2022, growing by 44% on the previous year's figure. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, electronic chip exports surged to $28.8B in 2022. The total export value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Electronic Chip in the Philippines (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 5.0 | 6.2 | 6.3 | 7.7 | 15.5% |
| China | 6.2 | 6.5 | 6.2 | 3.7 | -15.8% |
| Singapore | 2.4 | 3.1 | 2.7 | 3.6 | 14.5% |
| United States | 1.0 | 0.8 | 0.8 | 2.4 | 33.9% |
| Japan | 0.2 | 0.2 | 0.3 | 2.0 | 115.4% |
| Taiwan (Chinese) | 0.7 | 0.8 | 0.9 | 1.8 | 37.0% |
| Netherlands | 0.1 | 0.2 | 0.2 | 1.3 | 135.1% |
| Germany | 1.2 | 1.0 | 1.0 | 1.2 | 0.0% |
| Malaysia | 0.7 | 0.8 | 0.6 | 0.9 | 8.7% |
| Thailand | 0.3 | 0.4 | 0.4 | 0.7 | 32.6% |
| Mexico | 1.0 | 0.7 | 1.0 | 0.3 | -33.1% |
| Czech Republic | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 3.2 | 3.0 | 3.5 | 3.0 | -2.1% |
| Total | 21.9 | 23.7 | 24.0 | 28.8 | 9.6% |
Top Export Markets for Electronic Chip from the Philippines in 2022:
- Hong Kong SAR (20.7B units)
- Singapore (13.1B units)
- China (12.5B units)
- Thailand (8.2B units)
- United States (8.1B units)
- Netherlands (6.8B units)
- Japan (6.4B units)
- Germany (4.9B units)
- Taiwan (Chinese) (3.5B units)
- Malaysia (2.4B units)
- Mexico (1.9B units)
- Czech Republic (1.2B units)
Electronic Chip Imports in the Philippines
In 2022, supplies from abroad of electronic chips was finally on the rise to reach 39B units after two years of decline. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, electronic chip imports soared to $14.5B in 2022. The total import value increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electronic Chip in the Philippines (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 3.2 | 3.1 | 3.4 | 3.7 | 5.0% |
| South Korea | 0.9 | 1.0 | 1.3 | 2.0 | 30.5% |
| United States | 1.4 | 1.2 | 1.3 | 1.7 | 6.7% |
| Japan | 0.7 | 0.8 | 0.8 | 1.5 | 28.9% |
| China | 0.7 | 0.8 | 0.9 | 1.5 | 28.9% |
| Singapore | 1.4 | 1.2 | 1.2 | 1.4 | 0.0% |
| Thailand | 0.4 | 0.5 | 0.6 | 0.6 | 14.5% |
| Hong Kong SAR | 0.3 | 0.4 | 0.5 | 0.6 | 26.0% |
| Others | 1.8 | 2.0 | 2.3 | 1.7 | -1.9% |
| Total | 10.9 | 11.0 | 12.3 | 14.5 | 10.0% |
Top Suppliers of Electronic Chip to the Philippines in 2022:
- South Korea (11.2B units)
- Taiwan (Chinese) (10.1B units)
- China (4.8B units)
- Singapore (3.3B units)
- United States (2.9B units)
- Thailand (2.2B units)
- Japan (1.5B units)
- Hong Kong SAR (1.3B units)
This report provides an in-depth analysis of the electronic chip market in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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
-
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
536
This report provides an in-depth analysis of the electronic chip market in the Philippines.
315
This report provides an in-depth analysis of the multichip integrated circuits market in the Philippines.
287
This report provides an in-depth analysis of the memories market in the Philippines.
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.
536
This report provides an in-depth analysis of the electronic chip market in the Philippines.
315
This report provides an in-depth analysis of the multichip integrated circuits market in the Philippines.
287
This report provides an in-depth analysis of the memories market in the Philippines.
3730
This report provides an in-depth analysis of the global electronic chip market.
289
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.
8592
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...
390
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.
289
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.
8592
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...
390
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.
