Price for Electronic Integrated Circuits and Microassemblies in Finland - 2023
Contents:
- Price for Electronic Integrated Circuits and Microassemblies in Finland (CIF) - 2023
- Price for Electronic Integrated Circuits and Microassemblies in Finland (FOB) - 2022
- Imports of Electronic Integrated Circuits and Microassemblies in Finland
- Exports of Electronic Integrated Circuits and Microassemblies in Finland
Price for Electronic Integrated Circuits and Microassemblies in Finland (CIF) - 2023
The average import price for electronic integrated circuits and microassemblieses stood at $96.2 per unit in May 2023, with a decrease of -27.6% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 100% month-to-month. The import price peaked at $133 per unit in April 2023, and then declined dramatically in the following month.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Malaysia ($665 per unit), while the price for China ($14.2 per unit) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electronic Integrated Circuits and Microassemblies in Finland (FOB) - 2022
In 2021, the average export price for electronic integrated circuits and microassemblieses amounted to $157 per unit, surging by 97% against the previous year. Over the period under review, the export price posted resilient growth. The pace of growth was the most pronounced in 2019 an increase of 299%. As a result, the export price attained the peak level of $617 per unit. From 2020 to 2021, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($3.6 per unit), while the average price for exports to Sweden ($0.2 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+45.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electronic Integrated Circuits and Microassemblies in Finland
After three years of growth, overseas purchases of electronic integrated circuits and microassemblieses decreased by -3.6% to 9.9M units in 2022. In general, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 405% against the previous year. Imports peaked at 10M units in 2021, and then reduced modestly in the following year.
In value terms, electronic integrated circuits and microassemblies imports soared to $1.1B in 2022. Overall, imports, however, showed a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 107%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Electronic Integrated Circuits and Microassemblies in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Malaysia | 163 | 92.0 | 203 | 11.6% | |
| China | 79.2 | 57.3 | 156 | 40.3% | |
| Netherlands | 3.3 | 76.3 | 142 | 556.0% | |
| Taiwan (Chinese) | 61.3 | 29.9 | 108 | 32.7% | |
| Germany | 10.6 | 36.7 | 57.1 | 132.1% | |
| United States | 161 | 33.3 | 18.1 | -66.5% | |
| Ireland | 0.9 | 0.7 | 11.4 | 255.9% | |
| South Korea | 266 | 7.8 | 10.5 | -80.1% | |
| Belgium | 0.4 | 5.4 | 8.0 | 347.2% | |
| Estonia | 3.6 | 3.5 | 3.8 | 2.7% | |
| Others | 84.6 | 43.7 | 81.5 | -1.8% | |
| Total | 834 | 387 | 800 | -2.1% | |
Top Suppliers of Electronic Integrated Circuits and Microassemblies to Finland in 2022:
- China (255.4M units)
- Netherlands (146.3M units)
- Malaysia (100.5M units)
- Germany (87.2M units)
- Taiwan (Chinese) (45.3M units)
- Belgium (42.0M units)
- Ireland (23.3M units)
- Estonia (18.8M units)
- United States (4.6M units)
- South Korea (3.5M units)
Exports of Electronic Integrated Circuits and Microassemblies in Finland
In 2022, approx. 2.5M units of electronic integrated circuits and microassemblieses were exported from Finland; growing by 13% against the previous year's figure. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 455%. As a result, the exports attained the peak of 2.7M units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, electronic integrated circuits and microassemblies exports skyrocketed to $810M in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electronic Integrated Circuits and Microassemblies in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Vietnam | 0.4 | 4.2 | 137 | 1750.7% | |
| India | 35.8 | 37.7 | 78.6 | 48.2% | |
| China | 128 | 111 | 73.0 | -24.5% | |
| Mexico | 46.6 | 0.7 | 13.9 | -45.4% | |
| Russia | 29.8 | 27.7 | 5.9 | -55.5% | |
| France | 0.2 | 1.5 | 3.1 | 293.7% | |
| Hungary | 32.1 | 10.6 | 3.1 | -68.9% | |
| Estonia | 1.2 | 1.9 | 2.5 | 44.3% | |
| United States | 1.7 | 2.2 | 2.2 | 13.8% | |
| Netherlands | 4.3 | 2.6 | 2.1 | -30.1% | |
| Poland | 7.6 | 2.7 | 1.3 | -58.6% | |
| Sweden | 0.6 | 0.7 | 1.1 | 35.4% | |
| Others | 16.5 | 15.9 | 19.2 | 7.9% | |
| Total | 305 | 220 | 343 | 6.0% | |
Top Export Markets for Electronic Integrated Circuits and Microassemblies from Finland in 2022:
- Vietnam (115.8M units)
- China (42.3M units)
- India (21.6M units)
- France (9.3M units)
- Mexico (7.2M units)
- United States (7.2M units)
- Estonia (5.0M units)
- Sweden (4.8M units)
- Netherlands (4.7M units)
- Russia (4.1M units)
- Poland (2.9M units)
- Hungary (1.3M units)
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