Price for Electronic Integrated Circuits; Memories in Myanmar - 2022

Contents:

  1. Price for Electronic Integrated Circuits; Memories in Myanmar (CIF) - 2022
  2. Imports of Electronic Integrated Circuits; Memories in Myanmar

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

The average electronic integrated circuits; memories import price stood at $3.3 per unit in 2022, surging by 269% against the previous year. Overall, the import price, however, continues to indicate a precipitous descent. The import price peaked at $12 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 United States ($8.2 per unit), while the price for China totaled $3.3 per unit.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.2%), while the prices for the other major suppliers experienced a decline.

Imports of Electronic Integrated Circuits; Memories in Myanmar

After two years of decline, overseas purchases of electronic integrated circuits increased by 163,500% to 6.5K units in 2022. 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 $22K in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Electronic Integrated Circuits; Memories in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A21.60%
Singapore0.2N/AN/AN/A0%
Others0.2N/AN/A0.20.0%
Total0.5N/AN/A21.7251.4%

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

  1. China (6.5K units)

Source: IndexBox Market Intelligence Platform

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