Price for Electronic Integrated Circuits and Microassemblies in Greece - 2023
Contents:
- Price for Electronic Integrated Circuits and Microassemblies in Greece (CIF) - 2022
- Price for Electronic Integrated Circuits and Microassemblies in Greece (FOB) - 2022
- Imports of Electronic Integrated Circuits and Microassemblies in Greece
- Exports of Electronic Integrated Circuits and Microassemblies in Greece
Price for Electronic Integrated Circuits and Microassemblies in Greece (CIF) - 2022
The average import price for electronic integrated circuits and microassemblieses stood at $6.9 per unit in 2021, jumping by 43% against the previous year. In general, the import price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2020 an increase of 106% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($0.1 per unit), while the price for Turkey (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electronic Integrated Circuits and Microassemblies in Greece (FOB) - 2022
The average export price for electronic integrated circuits and microassemblieses stood at $23 per unit in 2021, declining by -6% against the previous year. Over the period under review, the export price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of 209%. The export price peaked at $24 per unit in 2020, and then reduced in the following year.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($2.4 per unit), while the average price for exports to Romania (less than $0.1 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 Germany (+29.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electronic Integrated Circuits and Microassemblies in Greece
In 2022, approx. 10M units of electronic integrated circuits and microassemblieses were imported into Greece; almost unchanged from 2021 figures. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 1.7% against the previous year. Over the period under review, imports hit record highs at 18M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, electronic integrated circuits and microassemblies imports expanded sharply to $77M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.5% 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 +83.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 46%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Electronic Integrated Circuits and Microassemblies in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 15.3 | 20.6 | 26.1 | 30.6% | |
| Netherlands | 7.1 | 7.5 | 9.5 | 15.7% | |
| Turkey | 0.4 | 2.1 | 6.8 | 312.3% | |
| China | 2.6 | 2.2 | 3.4 | 14.4% | |
| Poland | 0.7 | 1.1 | 2.7 | 96.4% | |
| Hungary | 0.2 | 0.3 | 2.3 | 239.1% | |
| Italy | 1.5 | 1.2 | 1.8 | 9.5% | |
| France | 0.7 | 0.5 | 1.4 | 41.4% | |
| Bulgaria | 0.5 | 0.4 | 1.2 | 54.9% | |
| United Kingdom | 3.9 | 3.6 | 0.2 | -77.4% | |
| Others | 8.9 | 8.3 | 14.3 | 26.8% | |
| Total | 41.7 | 47.9 | 69.6 | 29.2% | |
Top Suppliers of Electronic Integrated Circuits and Microassemblies to Greece in 2022:
- Turkey (543.4M units)
- Germany (375.6M units)
- Netherlands (125.4M units)
- China (116.2M units)
- Poland (62.4M units)
- Hungary (61.7M units)
- Italy (50.8M units)
- Bulgaria (40.9M units)
- France (21.1M units)
- United Kingdom (3.3M units)
Exports of Electronic Integrated Circuits and Microassemblies in Greece
Electronic integrated circuits and microassemblies exports from Greece fell notably to 1.5M units in 2022, which is down by -18.6% on the year before. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.3% 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 +29.7% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 59% against the previous year. As a result, the exports reached the peak of 1.8M units, and then fell sharply in the following year.
In value terms, electronic integrated circuits and microassemblies exports declined to $37M in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 53% against the previous year. The exports peaked at $41M in 2021, and then declined in the following year.
| Export of Electronic Integrated Circuits and Microassemblies in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Cyprus | 3.3 | 7.9 | 17.7 | 131.6% | |
| Germany | 0.2 | 3.7 | 6.8 | 483.1% | |
| Bulgaria | 1.9 | 2.4 | 5.3 | 67.0% | |
| Thailand | 8.6 | 10.2 | 4.3 | -29.3% | |
| United States | 0.2 | 0.8 | 2.8 | 274.2% | |
| Romania | 0.8 | 1.0 | 1.3 | 27.5% | |
| Netherlands | 0.6 | 0.4 | 0.3 | -29.3% | |
| Italy | 0.1 | N/A | 0.2 | 41.4% | |
| Austria | 1.1 | 0.2 | 0.1 | -69.8% | |
| Others | 1.1 | 0.8 | 2.0 | 34.8% | |
| Total | 17.8 | 27.3 | 40.9 | 51.6% | |
Top Export Markets for Electronic Integrated Circuits and Microassemblies from Greece in 2022:
- Romania (48.7M units)
- Cyprus (30.5M units)
- Bulgaria (25.2M units)
- Netherlands (4.5M units)
- Germany (2.9M units)
- Italy (2.6M units)
- United States (2.6M units)
- Austria (1.5M units)
- Thailand (1.0M units)
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