Price for Electronic Integrated Circuits; Memories in Ethiopia - 2022

Contents:

  1. Price for Electronic Integrated Circuits; Memories in Ethiopia (CIF) - 2022
  2. Price for Electronic Integrated Circuits; Memories in Ethiopia (FOB) - 2022
  3. Imports of Electronic Integrated Circuits; Memories in Ethiopia
  4. Exports of Electronic Integrated Circuits; Memories in Ethiopia

Price for Electronic Integrated Circuits; Memories in Ethiopia (CIF) - 2022

The average electronic integrated circuits; memories import price stood at $1.2 per unit in 2022, falling by -28.9% against the previous year. Over the period under review, the import price, however, showed modest growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 57% against the previous year. The import price peaked at $2.4 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1.8 per unit), while the price for the United Arab Emirates ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+204.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electronic Integrated Circuits; Memories in Ethiopia (FOB) - 2022

The average electronic integrated circuits; memories export price stood at $2.9 per unit in 2022, therefore, remained relatively stable against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 3.9%. Over the period under review, the average export prices hit record highs at $3.2 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($3 per unit), while the average price for exports to the Netherlands ($1 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 (-1.6%), while the prices for the other major destinations experienced a decline.

Imports of Electronic Integrated Circuits; Memories in Ethiopia

After three years of growth, purchases abroad of electronic integrated circuits decreased by -93.2% to 38K units in 2022. In general, imports saw a abrupt descent. The growth pace was the most rapid in 2020 when imports increased by 462% against the previous year. Over the period under review, imports attained the maximum at 563K units in 2021, and then dropped dramatically in the following year.

In value terms, electronic integrated circuits; memories imports declined significantly to $44K in 2022. Overall, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 499% against the previous year. Imports peaked at $912K in 2021, and then shrank significantly in the following year.

Import of Electronic Integrated Circuits; Memories in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria1.814.27.719.1119.7%
China8.971.220714.016.3%
Germany0.52.90.22.673.2%
South Korea1.27.99.82.222.4%
Taiwan (Chinese)0.31.10.41.467.1%
United Arab Emirates10.712.640.31.4-49.2%
PhilippinesN/AN/A2.51.2-52.0%
Thailand3.426.038.1N/A234.8%
Sweden5.741.557.9N/A218.7%
United States1.711.6152N/A845.6%
Serbia8.789.2206N/A386.6%
SingaporeN/AN/A88.1N/A0%
Others18.186.91012.0-52.0%
Total60.936591243.9-10.3%

Top Suppliers of Electronic Integrated Circuits; Memories to Ethiopia in 2022:

  1. United States (undefinedK units)
  2. Bulgaria (16.6K units)
  3. China (12.2K units)
  4. Germany (2.3K units)
  5. South Korea (1.9K units)
  6. United Arab Emirates (1.3K units)
  7. Taiwan (Chinese) (1.2K units)
  8. Philippines (1.0K units)

Exports of Electronic Integrated Circuits; Memories in Ethiopia

In 2022, overseas shipments of electronic integrated circuits decreased by -46% to 114 units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 955% against the previous year. As a result, the exports reached the peak of 211 units, and then contracted sharply in the following year.

In value terms, electronic integrated circuits; memories exports fell significantly to $332 in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 996%. As a result, the exports attained the peak of $614, and then dropped markedly in the following year.

Export of Electronic Integrated Circuits; Memories in Ethiopia (USD)
COUNTRY202020212022CAGR,
2020-2022
France49.0606329159.1%
Others7.08.03.0-34.5%
Total56.0614332143.5%

Top Export Markets for Electronic Integrated Circuits; Memories from Ethiopia in 2022:

  1. France (111.0 units)

Source: IndexBox Market Intelligence Platform

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