Price for Electronic Integrated Circuits; Memories in Israel - 2023

Contents:

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

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

The average electronic integrated circuits; memories import price stood at $2.9 per unit in 2022, waning by -3.2% against the previous year. Over the period under review, the import price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 27%. The import price peaked at $4.4 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($13 per unit), while the price for France ($0.3 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 (-1.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average electronic integrated circuits; memories export price amounted to $19 per unit, surging by 129% against the previous year. In general, the export price posted a significant increase. The pace of growth appeared the most rapid in 2016 an increase of 139%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($68 per unit), while the average price for exports to Singapore ($4.8 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 UK (+41.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Integrated Circuits; Memories in Israel

In 2022, approx. 41M units of electronic integrated circuits were imported into Israel; surging by 86% against the year before. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electronic integrated circuits; memories imports surged to $121M in 2022. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 96%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Electronic Integrated Circuits; Memories in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium3.28.615.259.3164.6%
Taiwan (Chinese)5.63.212.111.527.1%
South Korea3.51.88.29.740.5%
China4.52.97.68.724.6%
Germany1.72.22.86.354.7%
Hong Kong SAR1.42.06.25.860.6%
United States3.32.95.04.813.3%
Netherlands0.10.40.43.7233.2%
Singapore2.24.01.52.99.6%
Others3.36.17.77.933.8%
Total28.834.166.812161.4%

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

  1. Belgium (17.6M units)
  2. Taiwan (Chinese) (4.0M units)
  3. Hong Kong SAR (3.9M units)
  4. China (3.6M units)
  5. South Korea (2.9M units)
  6. Singapore (2.4M units)
  7. Netherlands (2.1M units)
  8. Germany (1.9M units)
  9. United States (0.4M units)

Exports of Electronic Integrated Circuits; Memories in Israel

In 2022, exports of electronic integrated circuits from Israel skyrocketed to 4.5M units, rising by 55% against the previous year's figure. In general, exports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 367%. As a result, the exports reached the peak of 25M units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, electronic integrated circuits; memories exports skyrocketed to $85M in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 276% against the previous year. As a result, the exports attained the peak of $165M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Electronic Integrated Circuits; Memories in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A0.120.420300.0%
United States1.30.90.311.3105.6%
United Kingdom0.10.3N/A9.6357.9%
AustraliaN/AN/AN/A7.50%
Sweden0.1N/AN/A6.7306.2%
ItalyN/AN/AN/A3.60%
Hong Kong SAR0.30.71.01.985.0%
China38.916111.71.2-68.6%
Others3.12.010.722.894.5%
Total43.916523.985.024.6%

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

  1. Sweden (886.6K units)
  2. Australia (708.9K units)
  3. United Kingdom (700.8K units)
  4. United States (616.3K units)
  5. Italy (464.0K units)
  6. Germany (299.2K units)
  7. China (196.1K units)
  8. Hong Kong SAR (162.1K units)

Source: IndexBox Market Intelligence Platform

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