Price for Electronic Integrated Circuits and Microassemblies in Ireland - 2023
Contents:
- Price for Electronic Integrated Circuits and Microassemblies in Ireland (FOB) - 2022
- Price for Electronic Integrated Circuits and Microassemblies in Ireland (CIF) - 2022
- Exports of Electronic Integrated Circuits and Microassemblies in Ireland
- Imports of Electronic Integrated Circuits and Microassemblies in Ireland
Price for Electronic Integrated Circuits and Microassemblies in Ireland (FOB) - 2022
In 2021, the average export price for electronic integrated circuits and microassemblieses amounted to $1,485 per unit, with an increase of 7.4% against the previous year. Over the period under review, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 474% against the previous year. Over the period under review, the average export prices hit record highs at $1,664 per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($43 per unit), while the average price for exports to the UK ($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 (+46.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electronic Integrated Circuits and Microassemblies in Ireland (CIF) - 2022
In 2021, the average import price for electronic integrated circuits and microassemblieses amounted to $306 per unit, rising by 827% against the previous year. Overall, the import price saw a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1.9 per unit), while the price for the UK ($0.2 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electronic Integrated Circuits and Microassemblies in Ireland
After three years of growth, overseas shipments of electronic integrated circuits and microassemblieses decreased by -10.4% to 6.7M units in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.7% 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 +39.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. As a result, the exports reached the peak of 7.5M units, and then shrank in the following year.
In value terms, electronic integrated circuits and microassemblies exports expanded rapidly to $11.9B in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.4% 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 +65.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Electronic Integrated Circuits and Microassemblies in Ireland (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 6.0 | 7.1 | 7.9 | 14.7% | |
| United States | 1.0 | 0.8 | 2.1 | 44.9% | |
| Israel | N/A | N/A | 0.5 | 0% | |
| United Kingdom | N/A | 0.1 | 0.1 | 0.0% | |
| Hong Kong SAR | N/A | N/A | N/A | 0% | |
| France | N/A | N/A | N/A | 0% | |
| Mexico | N/A | N/A | N/A | 0% | |
| Others | 0.1 | 0.2 | 0.3 | 73.2% | |
| Total | 7.2 | 8.2 | 11.1 | 24.2% | |
Top Export Markets for Electronic Integrated Circuits and Microassemblies from Ireland in 2022:
- China (385.3M units)
- United Kingdom (150.6M units)
- Israel (62.9M units)
- United States (49.7M units)
- France (13.6M units)
- Mexico (13.0M units)
- Hong Kong SAR (12.9M units)
Imports of Electronic Integrated Circuits and Microassemblies in Ireland
Electronic integrated circuits and microassemblies imports into Ireland surged to 19M units in 2022, picking up by 33% on the year before. Over the period under review, imports, however, continue to indicate a perceptible descent. Imports peaked at 24M units in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, electronic integrated circuits and microassemblies imports surged to $6.5B in 2022. In general, imports saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 456% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Electronic Integrated Circuits and Microassemblies in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Israel | 26.6 | 64.3 | 2,668 | 901.5% | |
| United States | 42.3 | 37.0 | 927 | 368.1% | |
| Netherlands | 2.4 | 123 | 320 | 1054.7% | |
| Malaysia | 635 | 36.3 | 232 | -39.6% | |
| Germany | 10.7 | 69.8 | 70.7 | 157.1% | |
| China | 34.0 | 40.5 | 18.3 | -26.6% | |
| United Kingdom | 73.3 | 250 | 10.5 | -62.2% | |
| Others | 211 | 164 | 126 | -22.7% | |
| Total | 1,035 | 786 | 4,372 | 105.5% | |
Top Suppliers of Electronic Integrated Circuits and Microassemblies to Ireland in 2022:
- Israel (4728.7M units)
- United States (1194.7M units)
- Germany (241.9M units)
- Netherlands (170.4M units)
- Malaysia (53.6M units)
- United Kingdom (43.8M units)
- China (33.7M units)
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