Price for Electronic Integrated Circuits and Microassemblies in Vietnam - 2022
Contents:
- Price for Electronic Integrated Circuits and Microassemblies in Vietnam (CIF) - 2022
- Price for Electronic Integrated Circuits and Microassemblies in Vietnam (FOB) - 2022
- Imports of Electronic Integrated Circuits and Microassemblies in Vietnam
- Exports of Electronic Integrated Circuits and Microassemblies in Vietnam
Price for Electronic Integrated Circuits and Microassemblies in Vietnam (CIF) - 2022
In 2022, the average import price for electronic integrated circuits and microassemblieses amounted to $104 per unit, with an increase of 8.2% against the previous year. In general, the import price, however, showed a significant contraction. The pace of growth appeared the most rapid in 2021 an increase of 9% against the previous year. Over the period under review, average import prices hit record highs at $1,688 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($104 per unit) and Taiwan (Chinese) ($104 per unit), while the price for China ($104 per unit) and South Korea ($104 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (-24.3%), while the prices for the other major suppliers experienced a decline.
Price for Electronic Integrated Circuits and Microassemblies in Vietnam (FOB) - 2022
The average export price for electronic integrated circuits and microassemblieses stood at $19 per unit in 2022, declining by -37.3% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2018 an increase of 58% against the previous year. Over the period under review, the average export prices hit record highs at $118 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($19 per unit) and Malaysia ($19 per unit), while the average price for exports to Singapore ($19 per unit) and China ($19 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-15.2%), while the prices for the other major destinations experienced a decline.
Imports of Electronic Integrated Circuits and Microassemblies in Vietnam
In 2022, imports of electronic integrated circuits and microassemblieses into Vietnam stood at 524M units, surging by 4.8% on the previous year. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 37%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, electronic integrated circuits and microassemblies imports expanded rapidly to $54.3B in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 28%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Electronic Integrated Circuits and Microassemblies in Vietnam (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 11.5 | 12.4 | 15.8 | 19.5 | 19.2% |
| China | 2.6 | 5.1 | 7.7 | 9.8 | 55.6% |
| Taiwan (Chinese) | 4.9 | 6.7 | 8.1 | 9.6 | 25.1% |
| Japan | 2.6 | 3.2 | 3.4 | 4.1 | 16.4% |
| United States | 4.7 | 4.6 | 4.6 | 3.3 | -11.1% |
| Ireland | 2.2 | 3.8 | 4.2 | 3.0 | 10.9% |
| Israel | 0.2 | 0.8 | 0.9 | 1.2 | 81.7% |
| Others | 1.8 | 2.6 | 3.2 | 3.8 | 28.3% |
| Total | 30.6 | 39.1 | 47.9 | 54.3 | 21.1% |
Top Suppliers of Electronic Integrated Circuits and Microassemblies to Vietnam in 2022:
- South Korea (188.0M units)
- China (94.5M units)
- Taiwan (Chinese) (93.0M units)
- Japan (39.8M units)
- United States (31.4M units)
- Ireland (29.4M units)
- Israel (11.6M units)
Exports of Electronic Integrated Circuits and Microassemblies in Vietnam
For the fourth year in a row, Vietnam recorded growth in overseas shipments of electronic integrated circuits and microassemblieses, which increased by 46% to 707M units in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 105%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, electronic integrated circuits and microassemblies exports shrank to $13.3B in 2022. The total export value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. The exports peaked at $14.5B in 2021, and then declined in the following year.
| Export of Electronic Integrated Circuits and Microassemblies in Vietnam (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.8 | 7.4 | 7.2 | 6.8 | 5.4% |
| Hong Kong SAR | 2.2 | 3.0 | 4.0 | 2.6 | 5.7% |
| Singapore | 0.3 | 0.3 | 0.5 | 0.6 | 26.0% |
| United States | 0.4 | 0.5 | 0.5 | 0.6 | 14.5% |
| Malaysia | 0.2 | 0.1 | 0.2 | 0.5 | 35.7% |
| Netherlands | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| South Korea | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Taiwan (Chinese) | 1.5 | 1.2 | 0.4 | 0.3 | -41.5% |
| Japan | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 0.3 | 0.6 | 0.8 | 0.7 | 32.6% |
| Total | 11.5 | 14.0 | 14.5 | 13.3 | 5.0% |
Top Export Markets for Electronic Integrated Circuits and Microassemblies from Vietnam in 2022:
- China (365.1M units)
- Hong Kong SAR (137.7M units)
- Singapore (33.3M units)
- United States (32.9M units)
- Malaysia (27.6M units)
- Netherlands (22.1M units)
- South Korea (19.2M units)
- Taiwan (Chinese) (17.0M units)
- Japan (13.0M units)
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