Price for Electronic Integrated Circuits and Microassemblies in Angola - 2022

Contents:

  1. Price for Electronic Integrated Circuits and Microassemblies in Angola (CIF) - 2022
  2. Price for Electronic Integrated Circuits and Microassemblies in Angola (FOB) - 2022
  3. Imports of Electronic Integrated Circuits and Microassemblies in Angola
  4. Exports of Electronic Integrated Circuits and Microassemblies in Angola

Price for Electronic Integrated Circuits and Microassemblies in Angola (CIF) - 2022

The average import price for electronic integrated circuits and microassemblieses stood at $2.6 per unit in 2022, increasing by 4.5% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% 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 and microassemblies import price increased by +19.1% against 2020 indices. The growth pace was the most rapid in 2016 when the average import price increased by 96% against the previous year. As a result, import price reached the peak level of $4.1 per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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 the United States ($14 per unit), while the price for Italy ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electronic Integrated Circuits and Microassemblies in Angola (FOB) - 2022

The average export price for electronic integrated circuits and microassemblieses stood at $8.7 per unit in 2022, reducing by -26.7% against the previous year. Over the period under review, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2016 an increase of 151% against the previous year. The export price peaked at $18 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($13 per unit), while the average price for exports to Portugal ($1.5 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 the Netherlands (-2.8%), while the prices for the other major destinations experienced a decline.

Imports of Electronic Integrated Circuits and Microassemblies in Angola

Electronic integrated circuits and microassemblies imports into Angola shrank notably to 849K units in 2022, which is down by -16.4% compared with the previous year's figure. Over the period under review, imports saw a mild contraction. The pace of growth was the most pronounced in 2021 with an increase of 17%. As a result, imports reached the peak of 1M units, and then fell notably in the following year.

In value terms, electronic integrated circuits and microassemblies imports reduced to $2.2M in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of $2.5M, and then dropped in the following year.

Import of Electronic Integrated Circuits and Microassemblies in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal5104127155100.0%
United Kingdom92.582.878.026642.2%
United States38.4N/A12815960.6%
South Africa66.148.156.410215.6%
France72.22248.247.5-13.0%
Italy20.747.519.621.81.7%
Namibia13.42.6N/AN/A-80.6%
United Arab Emirates143115311N/A47.5%
Others1,1159431,1921,085-0.9%
Total2,0721,8752,5082,1911.9%

Top Suppliers of Electronic Integrated Circuits and Microassemblies to Angola in 2022:

  1. Portugal (289.9K units)
  2. France (32.3K units)
  3. United Kingdom (27.3K units)
  4. Italy (17.7K units)
  5. South Africa (16.4K units)
  6. United States (11.3K units)

Exports of Electronic Integrated Circuits and Microassemblies in Angola

In 2022, overseas shipments of electronic integrated circuits and microassemblieses were finally on the rise to reach 4.8K units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a precipitous setback. Over the period under review, the exports reached the peak figure at 15K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, electronic integrated circuits and microassemblies exports totaled $42K in 2022. Over the period under review, exports, however, faced a dramatic curtailment. Over the period under review, the exports hit record highs at $125K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Electronic Integrated Circuits and Microassemblies in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A30.20%
Netherlands6.8N/AN/A5.8-5.2%
Portugal0.8N/A0.11.317.6%
CanadaN/AN/AN/A1.20%
France0.21.4N/A0.20.0%
SpainN/A2.6N/AN/A0%
Norway40.2N/AN/AN/A0%
Nigeria1.3N/AN/AN/A0%
Congo14.23.4N/AN/A-76.1%
MalaysiaN/AN/A18.0N/A0%
United Kingdom26.9N/AN/AN/A0%
PhilippinesN/A23.9N/AN/A0%
Others34.315.318.62.9-56.1%
Total12546.736.741.7-30.6%

Top Export Markets for Electronic Integrated Circuits and Microassemblies from Angola in 2022:

  1. United States (2420.0 units)
  2. Portugal (853.0 units)
  3. Netherlands (435.0 units)
  4. Canada (94.0 units)
  5. France (65.0 units)
  6. Norway (4.0 units)

Source: IndexBox Market Intelligence Platform

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