Price for Electronic Integrated Circuits and Microassemblies in Belarus - 2022
Contents:
- Price for Electronic Integrated Circuits and Microassemblies in Belarus (FOB) - 2022
- Price for Electronic Integrated Circuits and Microassemblies in Belarus (CIF) - 2022
- Exports of Electronic Integrated Circuits and Microassemblies in Belarus
- Imports of Electronic Integrated Circuits and Microassemblies in Belarus
Price for Electronic Integrated Circuits and Microassemblies in Belarus (FOB) - 2022
In 2022, the average export price for electronic integrated circuits and microassemblieses amounted to $1,120 per unit, jumping by 33% against the previous year. Overall, the export price posted a buoyant expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 85% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($4,850 per unit), while the average price for exports to India ($949 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 India (+39.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electronic Integrated Circuits and Microassemblies in Belarus (CIF) - 2022
In 2022, the average import price for electronic integrated circuits and microassemblieses amounted to $94 per unit, jumping by 29% against the previous year. Over the period under review, the import price saw a prominent increase. The pace of growth was the most pronounced in 2021 an increase of 38% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Taiwan (Chinese) ($297 per unit), while the price for Poland ($15 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electronic Integrated Circuits and Microassemblies in Belarus
After three years of growth, shipments abroad of electronic integrated circuits and microassemblieses decreased by -8.2% to 94K units in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.4% 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 +41.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 32% against the previous year. Over the period under review, the exports reached the maximum at 102K units in 2021, and then shrank in the following year.
In value terms, electronic integrated circuits and microassemblies exports surged to $105M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.7% 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 +67.3% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Electronic Integrated Circuits and Microassemblies in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 51.4 | 57.9 | 67.0 | 81.7 | 16.7% |
| China | 2.3 | 6.3 | 7.2 | 8.8 | 56.4% |
| South Korea | 3.3 | 3.6 | 5.2 | 6.4 | 24.7% |
| Others | 5.9 | 5.2 | 6.9 | 8.4 | 12.5% |
| Total | 62.9 | 73.0 | 86.3 | 105 | 18.6% |
Top Export Markets for Electronic Integrated Circuits and Microassemblies from Belarus in 2022:
- Russia (85.3K units)
- China (2.0K units)
- South Korea (1.7K units)
Imports of Electronic Integrated Circuits and Microassemblies in Belarus
In 2022, after two years of decline, there was growth in overseas purchases of electronic integrated circuits and microassemblieses, when their volume increased by 4.2% to 937K units. Over the period under review, imports, however, recorded a noticeable shrinkage. Over the period under review, imports attained the peak figure at 1M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, electronic integrated circuits and microassemblies imports surged to $88M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.7% 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 +75.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electronic Integrated Circuits and Microassemblies in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.5 | 12.9 | 20.3 | 27.0 | 32.9% |
| Russia | 19.9 | 12.5 | 15.9 | 21.1 | 2.0% |
| Malaysia | 5.7 | 4.1 | 5.6 | 7.4 | 9.1% |
| Vietnam | 3.9 | 3.7 | 5.5 | 7.4 | 23.8% |
| Taiwan (Chinese) | 3.0 | 4.4 | 5.3 | 7.0 | 32.6% |
| Thailand | 2.2 | 2.3 | 2.6 | 3.5 | 16.7% |
| Poland | 0.6 | 1.1 | 0.7 | 1.1 | 22.4% |
| Others | 8.9 | 9.6 | 9.9 | 14.1 | 16.6% |
| Total | 55.7 | 50.4 | 65.7 | 88.5 | 16.7% |
Top Suppliers of Electronic Integrated Circuits and Microassemblies to Belarus in 2022:
- China (325.1K units)
- Vietnam (160.1K units)
- Russia (119.1K units)
- Malaysia (102.5K units)
- Poland (72.0K units)
- Thailand (24.1K units)
- Taiwan (Chinese) (23.6K units)
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