Price for Electronic Integrated Circuits; Memories in Ireland - 2023

Contents:

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

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

The average electronic integrated circuits; memories export price stood at $5.6 per unit in 2022, waning by -34.4% against the previous year. Overall, the export price saw a noticeable contraction. The pace of growth was the most pronounced in 2019 an increase of 34%. As a result, the export price reached the peak level of $9.1 per unit. From 2020 to 2022, the average 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 the United States ($96 per unit), while the average price for exports to the UK ($4.3 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 (+28.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average electronic integrated circuits; memories import price amounted to $3.4 per unit, shrinking by -50.8% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 an increase of 92%. The import price peaked at $18 per unit in 2016; however, from 2017 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 UK ($11 per unit), while the price for the Philippines ($1.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (-1.1%), while the prices for the other major suppliers experienced a decline.

Exports of Electronic Integrated Circuits; Memories in Ireland

In 2022, shipments abroad of electronic integrated circuits decreased by -12.2% to 14M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 87% against the previous year. The exports peaked at 16M units in 2021, and then dropped in the following year.

In value terms, electronic integrated circuits; memories exports shrank notably to $76M in 2022. Overall, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 75%. As a result, the exports attained the peak of $131M, and then shrank remarkably in the following year.

Export of Electronic Integrated Circuits; Memories in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1.71.5N/A29.2158.0%
Hong Kong SAR3.88.8N/A23.583.6%
United States4.616.2N/A12.539.5%
China38.241.8N/A3.0-57.2%
SingaporeN/A0.1N/A1.6300.0%
Others7.56.91315.9-7.7%
Total55.875.213175.710.7%

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

  1. United Kingdom (6.8M units)
  2. Hong Kong SAR (5.0M units)
  3. China (0.5M units)
  4. Singapore (0.4M units)
  5. United States (0.1M units)

Imports of Electronic Integrated Circuits; Memories in Ireland

In 2022, approx. 18M units of electronic integrated circuits were imported into Ireland; picking up by 111% compared with the year before. In general, imports, however, recorded a noticeable decline. Over the period under review, imports hit record highs at 32M units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, electronic integrated circuits; memories imports rose to $63M in 2022. Overall, imports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 6.7%. As a result, imports attained the peak of $115M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Electronic Integrated Circuits; Memories in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia12.611.6N/A17.210.9%
Japan9.111.1N/A14.416.5%
Germany5.98.4N/A9.015.1%
China18.621.3N/A5.3-34.2%
Taiwan (Chinese)2.73.1N/A4.518.6%
France5.54.2N/A3.4-14.8%
Philippines0.82.7N/A1.626.0%
United Kingdom34.040.4N/A0.2-81.9%
Others18.812.560.57.2-27.4%
Total10811560.562.9-16.5%

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

  1. United Kingdom (undefinedM units)
  2. Malaysia (5.0M units)
  3. Japan (4.2M units)
  4. Germany (2.6M units)
  5. Taiwan (Chinese) (2.2M units)
  6. China (1.4M units)
  7. France (1.0M units)
  8. Philippines (0.9M units)

Source: IndexBox Market Intelligence Platform

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