Price for Electronic Integrated Circuits; Memories in Colombia - 2022
Contents:
- Price for Electronic Integrated Circuits; Memories in Colombia (CIF) - 2022
- Price for Electronic Integrated Circuits; Memories in Colombia (FOB) - 2022
- Imports of Electronic Integrated Circuits; Memories in Colombia
- Exports of Electronic Integrated Circuits; Memories in Colombia
Price for Electronic Integrated Circuits; Memories in Colombia (CIF) - 2022
In 2022, the average electronic integrated circuits; memories import price amounted to $6.3 per unit, shrinking by -10.3% against the previous year. Over the period under review, the import price continues to indicate a slight descent. The most prominent rate of growth was recorded in 2015 when the average import price increased by 60% against the previous year. Over the period under review, average import prices hit record highs 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 United States ($38 per unit), while the price for Taiwan (Chinese) ($4.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electronic Integrated Circuits; Memories in Colombia (FOB) - 2022
The average electronic integrated circuits; memories export price stood at $5.1 per unit in 2022, growing by 45% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The export price peaked at $44 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($8.3 per unit), while the average price for exports to the Netherlands ($1.7 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 Germany (+1.2%), while the prices for the other major destinations experienced a decline.
Imports of Electronic Integrated Circuits; Memories in Colombia
In 2022, supplies from abroad of electronic integrated circuits decreased by -18.6% to 768K units for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.8% 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 +36.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. As a result, imports attained the peak of 943K units, and then shrank significantly in the following year.
In value terms, electronic integrated circuits; memories imports declined rapidly to $4.8M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 117% against the previous year. As a result, imports reached the peak of $6.6M, and then declined remarkably in the following year.
| Import of Electronic Integrated Circuits; Memories in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 2,115 | 1,826 | 3,998 | 2,850 | 10.5% |
| China | 932 | 215 | 391 | 391 | -25.1% |
| Mexico | 269 | 159 | 451 | 322 | 6.2% |
| Malaysia | 316 | 143 | 256 | 188 | -15.9% |
| Philippines | 163 | 145 | 204 | 146 | -3.6% |
| Others | 945 | 549 | 1,295 | 921 | -0.9% |
| Total | 4,739 | 3,037 | 6,595 | 4,816 | 0.5% |
Top Suppliers of Electronic Integrated Circuits; Memories to Colombia in 2022:
- Taiwan (Chinese) (638.0K units)
- China (49.5K units)
- Mexico (28.6K units)
- Philippines (20.3K units)
- Malaysia (19.1K units)
Exports of Electronic Integrated Circuits; Memories in Colombia
In 2022, approx. 15K units of electronic integrated circuits were exported from Colombia; picking up by 403% on 2021 figures. Overall, exports recorded a significant expansion. The exports peaked at 24K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, electronic integrated circuits; memories exports surged to $76K in 2022. Over the period under review, exports showed a resilient expansion. The exports peaked at $141K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Electronic Integrated Circuits; Memories in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.8 | 7.6 | 6.1 | 46.6 | 68.2% |
| Ecuador | 13.9 | 29.4 | 2.3 | 17.8 | 8.6% |
| El Salvador | 9.8 | 11.4 | 0.3 | 6.1 | -14.6% |
| Netherlands | 4.8 | 15.7 | 0.2 | 5.0 | 1.4% |
| Free Zones | N/A | N/A | 0.5 | N/A | 0% |
| Japan | 0.3 | N/A | N/A | N/A | 0% |
| Ireland | 14.0 | N/A | N/A | N/A | 0% |
| Germany | N/A | 60.5 | 0.1 | N/A | -99.8% |
| Others | 2.5 | 16.2 | 0.9 | N/A | -40.0% |
| Total | 55.1 | 141 | 10.3 | 75.5 | 11.1% |
Top Export Markets for Electronic Integrated Circuits; Memories from Colombia in 2022:
- United States (8.6K units)
- Netherlands (2.9K units)
- Ecuador (2.2K units)
- El Salvador (1.1K units)
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