Price for Electronic Integrated Circuits; Memories in Belgium - 2023
Contents:
- Price for Electronic Integrated Circuits; Memories in Belgium (FOB) - 2022
- Price for Electronic Integrated Circuits; Memories in Belgium (CIF) - 2022
- Exports of Electronic Integrated Circuits; Memories in Belgium
- Imports of Electronic Integrated Circuits; Memories in Belgium
Price for Electronic Integrated Circuits; Memories in Belgium (FOB) - 2022
In 2022, the average electronic integrated circuits; memories export price amounted to $5.1 per unit, with a decrease of -14% against the previous year. In general, the export price recorded a deep reduction. The pace of growth was the most pronounced in 2015 when the average export price increased by 32% against the previous year. The export price peaked at $28 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($27 per unit), while the average price for exports to Spain ($2.2 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 France (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Electronic Integrated Circuits; Memories in Belgium (CIF) - 2022
In 2022, the average electronic integrated circuits; memories import price amounted to $5.1 per unit, rising by 24% against the previous year. Overall, the import price saw a mild expansion. The pace of growth appeared the most rapid in 2014 an increase of 116%. Over the period under review, average import prices reached the peak figure at $12 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
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 the UK ($14 per unit), while the price for Malaysia ($1.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electronic Integrated Circuits; Memories in Belgium
In 2022, the amount of electronic integrated circuits exported from Belgium skyrocketed to 67M units, with an increase of 83% against 2021. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 135% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, electronic integrated circuits; memories exports soared to $343M in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Electronic Integrated Circuits; Memories in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 19.9 | 28.5 | 38.2 | 71.9 | 53.4% |
| Israel | 3.9 | 8.4 | 19.1 | 56.6 | 143.9% |
| Italy | 19.6 | 16.4 | 18.9 | 29.3 | 14.3% |
| Sweden | 7.0 | 10.4 | 19.8 | 28.4 | 59.5% |
| France | 7.3 | 12.8 | 17.9 | 25.0 | 50.7% |
| United Kingdom | 4.8 | 6.2 | 6.3 | 11.2 | 32.6% |
| Slovakia | 1.6 | 2.6 | 8.0 | 8.9 | 77.2% |
| Spain | 9.4 | 8.2 | 11.2 | 7.9 | -5.6% |
| Austria | 1.1 | 2.4 | 4.0 | 7.4 | 88.8% |
| Romania | 1.8 | 3.5 | 4.5 | 7.2 | 58.7% |
| Thailand | 1.0 | 2.5 | 4.3 | 6.1 | 82.7% |
| Others | 37.3 | 36.9 | 65.3 | 83.2 | 30.7% |
| Total | 115 | 139 | 218 | 343 | 43.9% |
Top Export Markets for Electronic Integrated Circuits; Memories from Belgium in 2022:
- Germany (21.7M units)
- Sweden (11.1M units)
- Israel (5.2M units)
- United Kingdom (4.7M units)
- Spain (3.7M units)
- Italy (3.6M units)
- Thailand (2.7M units)
- Slovakia (1.8M units)
- Romania (1.2M units)
- Austria (1.2M units)
- France (0.9M units)
Imports of Electronic Integrated Circuits; Memories in Belgium
In 2022, approx. 40M units of electronic integrated circuits were imported into Belgium; almost unchanged from the previous year's figure. The total import volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 12% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, electronic integrated circuits; memories imports soared to $204M in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electronic Integrated Circuits; Memories in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 22.7 | 26.4 | 67.7 | 86.4 | 56.1% |
| France | 5.5 | 6.7 | 5.7 | 34.9 | 85.1% |
| China | 11.7 | 5.7 | 13.2 | 22.2 | 23.8% |
| Netherlands | 28.5 | 10.5 | 10.2 | 10.8 | -27.6% |
| Thailand | 4.3 | 2.7 | 4.9 | 9.9 | 32.0% |
| Germany | 36.9 | 8.5 | 11.4 | 9.1 | -37.3% |
| Singapore | 8.9 | 11.5 | 7.0 | 8.7 | -0.8% |
| Philippines | 2.8 | 9.0 | 12.1 | 4.1 | 13.6% |
| Malaysia | 0.6 | 9.9 | 13.6 | 1.6 | 38.7% |
| United Kingdom | 40.5 | 91.3 | N/A | 0.1 | -86.5% |
| Others | 28.1 | 13.5 | 17.1 | 15.8 | -17.5% |
| Total | 191 | 196 | 163 | 204 | 2.2% |
Top Suppliers of Electronic Integrated Circuits; Memories to Belgium in 2022:
- United Kingdom (undefinedM units)
- Taiwan (Chinese) (19.3M units)
- France (5.2M units)
- China (3.4M units)
- Thailand (2.6M units)
- Germany (2.3M units)
- Singapore (1.8M units)
- Netherlands (1.5M units)
- Philippines (1.3M units)
- Malaysia (1.0M units)
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