Price for Electronic Integrated Circuits; Memories in Italy - 2023
Contents:
- Price for Electronic Integrated Circuits; Memories in Italy (CIF) - 2022
- Price for Electronic Integrated Circuits; Memories in Italy (FOB) - 2022
- Imports of Electronic Integrated Circuits; Memories in Italy
- Exports of Electronic Integrated Circuits; Memories in Italy
Price for Electronic Integrated Circuits; Memories in Italy (CIF) - 2022
The average electronic integrated circuits; memories import price stood at $0.9 per unit in 2022, reducing by -3.4% against the previous year. Overall, the import price saw a noticeable reduction. The pace of growth was the most pronounced in 2020 an increase of 50% against the previous year. The import price peaked at $1.4 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 UK ($2.3 per unit), while the price for Tunisia ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electronic Integrated Circuits; Memories in Italy (FOB) - 2022
The average electronic integrated circuits; memories export price stood at $7 per unit in 2022, increasing by 9.9% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electronic integrated circuits; memories export price increased by +105.2% against 2019 indices. The pace of growth appeared the most rapid in 2016 an increase of 45% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($27 per unit), while the average price for exports to Mexico ($0.9 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 Kuwait (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electronic Integrated Circuits; Memories in Italy
In 2022, the amount of electronic integrated circuits imported into Italy surged to 179M units, rising by 36% against 2021. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +5.9% 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 +87.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, electronic integrated circuits; memories imports skyrocketed to $161M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 +56.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electronic Integrated Circuits; Memories in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 22.5 | 21.2 | 29.6 | 37.4 | 18.5% |
| Netherlands | 21.9 | 18.4 | 21.4 | 36.0 | 18.0% |
| Belgium | 14.3 | 13.2 | 18.0 | 28.1 | 25.3% |
| China | 6.9 | 5.4 | 7.7 | 13.6 | 25.4% |
| Poland | 5.0 | 4.6 | 5.1 | 6.2 | 7.4% |
| Taiwan (Chinese) | 5.2 | 4.9 | 6.5 | 5.3 | 0.6% |
| United States | 6.2 | 5.8 | 5.2 | 3.8 | -15.1% |
| Tunisia | 0.3 | 0.5 | 0.7 | 0.8 | 38.7% |
| Others | 25.9 | 29.0 | 28.6 | 29.8 | 4.8% |
| Total | 108 | 103 | 123 | 161 | 14.2% |
Top Suppliers of Electronic Integrated Circuits; Memories to Italy in 2022:
- Germany (73.7M units)
- Belgium (37.1M units)
- Netherlands (18.4M units)
- China (14.8M units)
- Poland (5.0M units)
- Tunisia (4.8M units)
- Taiwan (Chinese) (4.0M units)
- United States (3.0M units)
Exports of Electronic Integrated Circuits; Memories in Italy
In 2022, the amount of electronic integrated circuits exported from Italy declined to 8.6M units, waning by -5.1% against 2021. Over the period under review, exports showed a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 9.1% against the previous year. The exports peaked at 14M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, electronic integrated circuits; memories exports rose slightly to $60M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Electronic Integrated Circuits; Memories in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | N/A | N/A | 15.2 | 12.6 | -17.1% |
| Czech Republic | 4.1 | 7.0 | 4.9 | 6.9 | 18.9% |
| Romania | 6.8 | 5.9 | 2.1 | 4.9 | -10.3% |
| Slovakia | 8.3 | 9.1 | 8.7 | 4.6 | -17.9% |
| Austria | 1.9 | 1.5 | 2.8 | 3.4 | 21.4% |
| Netherlands | 3.7 | 0.7 | 0.7 | 2.5 | -12.3% |
| Germany | 4.3 | 2.8 | 3.9 | 2.3 | -18.8% |
| Hungary | 0.4 | 0.5 | 2.9 | 1.8 | 65.1% |
| Sweden | 0.1 | N/A | 0.2 | 1.5 | 146.6% |
| Spain | 2.0 | 0.5 | 1.0 | 1.4 | -11.2% |
| United States | 0.4 | 0.4 | 1.1 | 1.1 | 40.1% |
| Tunisia | 0.2 | 0.1 | 0.7 | 0.6 | 44.2% |
| Mexico | 0.3 | N/A | 0.1 | 0.2 | -12.6% |
| Others | 16.9 | 11.6 | 13.5 | 16.2 | -1.4% |
| Total | 49.1 | 40.1 | 57.6 | 60.1 | 7.0% |
Top Export Markets for Electronic Integrated Circuits; Memories from Italy in 2022:
- Romania (1228.2K units)
- Slovakia (1074.3K units)
- Czech Republic (917.0K units)
- Austria (794.0K units)
- Hungary (478.5K units)
- Kuwait (458.4K units)
- United States (330.9K units)
- Germany (259.5K units)
- Mexico (256.1K units)
- Tunisia (254.1K units)
- Spain (215.8K units)
- Netherlands (211.2K units)
- Sweden (201.0K units)
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