Price for Electronic Integrated Circuits; Memories in Finland - 2023
Contents:
- Price for Electronic Integrated Circuits; Memories in Finland (CIF) - 2022
- Price for Electronic Integrated Circuits; Memories in Finland (FOB) - 2022
- Imports of Electronic Integrated Circuits; Memories in Finland
- Exports of Electronic Integrated Circuits; Memories in Finland
Price for Electronic Integrated Circuits; Memories in Finland (CIF) - 2022
In 2022, the average electronic integrated circuits; memories import price amounted to $5.7 per unit, with an increase of 7.2% against the previous year. In general, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 68%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
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 Netherlands ($9.9 per unit), while the price for Thailand ($1.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electronic Integrated Circuits; Memories in Finland (FOB) - 2022
In 2022, the average electronic integrated circuits; memories export price amounted to $3.2 per unit, rising by 6.2% against the previous year. In general, the export price saw a strong increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 70% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
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 the United States ($7.4 per unit), while the average price for exports to Vietnam ($1.1 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 the United States (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electronic Integrated Circuits; Memories in Finland
Electronic integrated circuits; memories imports into Finland surged to 15M units in 2022, with an increase of 27% compared with the previous year's figure. In general, total imports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +4.9% 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 +95.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, electronic integrated circuits; memories imports soared to $84M in 2022. Over the period under review, imports saw a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 107% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Electronic Integrated Circuits; Memories in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.2 | 8.2 | 25.8 | 25.5 | 31.6% |
| Taiwan (Chinese) | 5.5 | 3.1 | 9.8 | 16.8 | 45.1% |
| China | 14.9 | 7.3 | 12.1 | 16.4 | 3.2% |
| Malaysia | 1.6 | 0.3 | 2.9 | 7.6 | 68.1% |
| Germany | 1.4 | 1.4 | 1.4 | 6.1 | 63.3% |
| Hong Kong SAR | N/A | 0.1 | 1.9 | 4.1 | 540.3% |
| Singapore | 5.2 | 1.3 | 0.6 | 2.1 | -26.1% |
| South Korea | 14.7 | 4.6 | 3.9 | 1.6 | -52.3% |
| Thailand | 0.2 | 0.2 | 0.3 | 0.6 | 44.2% |
| Others | 2.2 | 3.3 | 2.8 | 3.4 | 15.6% |
| Total | 57.1 | 29.7 | 61.6 | 84.1 | 13.8% |
Top Suppliers of Electronic Integrated Circuits; Memories to Finland in 2022:
- United States (4.4M units)
- China (3.1M units)
- Taiwan (Chinese) (2.5M units)
- Malaysia (1.0M units)
- Germany (1.0M units)
- Hong Kong SAR (0.8M units)
- Singapore (0.4M units)
- Thailand (0.4M units)
- South Korea (0.3M units)
Exports of Electronic Integrated Circuits; Memories in Finland
In 2022, overseas shipments of electronic integrated circuits decreased by -1.5% to 3.4M units, falling for the second consecutive year after two years of growth. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -6.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 52% against the previous year. As a result, the exports reached the peak of 3.6M units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, electronic integrated circuits; memories exports rose modestly to $11M in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 88% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.
| Export of Electronic Integrated Circuits; Memories in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,023 | 1,247 | 3,385 | 3,727 | 53.9% |
| Thailand | 50.8 | 552 | 700 | 2,328 | 257.9% |
| Taiwan (Chinese) | 31.0 | 394 | 455 | 1,070 | 225.6% |
| Vietnam | 198 | 4.7 | 163 | 772 | 57.4% |
| China | 1,754 | 727 | 2,175 | 517 | -33.4% |
| Germany | 321 | 2,406 | 1,471 | 467 | 13.3% |
| Hong Kong SAR | 0.3 | 1.6 | 90.8 | 319 | 920.7% |
| India | 130 | 451 | 608 | 192 | 13.9% |
| Mexico | 348 | 194 | 212 | 104 | -33.1% |
| Estonia | 254 | 264 | 283 | 47.9 | -42.7% |
| Russia | 142 | 223 | 109 | 47.2 | -30.7% |
| Others | 487 | 2,447 | 760 | 1,300 | 38.7% |
| Total | 4,740 | 8,910 | 10,412 | 10,890 | 32.0% |
Top Export Markets for Electronic Integrated Circuits; Memories from Finland in 2022:
- Japan (871.0K units)
- Thailand (734.4K units)
- Vietnam (708.7K units)
- Taiwan (Chinese) (250.3K units)
- Germany (142.1K units)
- Hong Kong SAR (133.7K units)
- China (74.0K units)
- India (70.5K units)
- Mexico (23.4K units)
- Russia (20.6K units)
- Estonia (15.0K units)
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