Price for Electronic Integrated Circuits; Amplifiers in Hong Kong SAR - 2023

Contents:

1. Price for Electronic Integrated Circuits; Amplifiers in Hong Kong SAR (FOB) - 2022
2. Price for Electronic Integrated Circuits; Amplifiers in Hong Kong SAR (CIF) - 2022
3. Exports of Electronic Integrated Circuits; Amplifiers in Hong Kong SAR
4. Imports of Electronic Integrated Circuits; Amplifiers in Hong Kong SAR

Price for Electronic Integrated Circuits; Amplifiers in Hong Kong SAR (FOB) - 2022

The average electronic integrated circuits; amplifiers export price stood at $0.5 per unit in 2022, dropping by -11.1% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electronic integrated circuits; amplifiers export price decreased by -13.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 24% against the previous year. As a result, the export price attained the peak level of $0.6 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

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 China ($0.5 per unit), while the average price for exports to Vietnam ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Electronic Integrated Circuits; Amplifiers in Hong Kong SAR (CIF) - 2022

The average electronic integrated circuits; amplifiers import price stood at $0.4 per unit in 2022, waning by -16.2% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average import price increased by 32%. The import price peaked at $0.5 per unit in 2021, and then reduced dramatically 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 Singapore ($1.2 per unit), while the price for Thailand ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Electronic Integrated Circuits; Amplifiers in Hong Kong SAR

For the fourth consecutive year, Hong Kong SAR recorded growth in overseas shipments of electronic integrated circuits, which increased by 17% to 17B units in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 25% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, electronic integrated circuits; amplifiers exports expanded slightly to $8.4B in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.4% 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 +83.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

Top Export Markets for Electronic Integrated Circuits; Amplifiers from Hong Kong SAR in 2022:

1. China (15.1B units)
2. Vietnam (0.3B units)
3. India (0.3B units)
4. Malaysia (0.2B units)

Imports of Electronic Integrated Circuits; Amplifiers in Hong Kong SAR

After three years of growth, purchases abroad of electronic integrated circuits decreased by -6.7% to 9.6B units in 2022. The total import volume increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. As a result, imports reached the peak of 10B units, and then shrank in the following year.

In value terms, electronic integrated circuits; amplifiers imports declined notably to $4.3B in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.6% 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 +58.4% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 43% against the previous year. Over the period under review, imports attained the peak figure at $5.5B in 2021, and then shrank significantly in the following year.

Top Suppliers of Electronic Integrated Circuits; Amplifiers to Hong Kong SAR in 2022:

1. China (4.7B units)
2. Thailand (1.1B units)
3. Singapore (0.9B units)
4. Taiwan (Chinese) (0.7B units)
5. United States (0.5B units)
6. Malaysia (0.5B units)
7. Morocco (0.4B units)

Source: IndexBox Market Intelligence Platform