Price for Electronic Integrated Circuits; Memories in Panama - 2022
Contents:
- Price for Electronic Integrated Circuits; Memories in Panama (CIF) - 2022
- Price for Electronic Integrated Circuits; Memories in Panama (FOB) - 2022
- Imports of Electronic Integrated Circuits; Memories in Panama
- Exports of Electronic Integrated Circuits; Memories in Panama
Price for Electronic Integrated Circuits; Memories in Panama (CIF) - 2022
In 2022, the average electronic integrated circuits; memories import price amounted to $5.1 per unit, reducing by -8.5% against the previous year. Overall, the import price saw a mild decrease. The pace of growth was the most pronounced in 2021 an increase of 31%. The import price peaked at $5.9 per unit in 2012; however, from 2013 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 Brazil ($9 per unit), while the price for the United States ($1.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electronic Integrated Circuits; Memories in Panama (FOB) - 2022
The average electronic integrated circuits; memories export price stood at $3.4 per unit in 2022, approximately reflecting the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 55% against the previous year. Over the period under review, the average export prices attained the peak figure at $3.9 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($3.6 per unit), while the average price for exports to Spain ($0.4 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 Brazil (+3.7%), while the prices for the other major destinations experienced a decline.
Imports of Electronic Integrated Circuits; Memories in Panama
In 2022, imports of electronic integrated circuits into Panama fell to 126K units, dropping by -10.4% compared with the previous year's figure. Over the period under review, imports saw a dramatic decline. Imports peaked at 578K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, electronic integrated circuits; memories imports reduced dramatically to $650K in 2022. In general, imports recorded a significant contraction. Imports peaked at $2.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Electronic Integrated Circuits; Memories in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Free Zones | 480 | 241 | 187 | 458 | -1.6% |
| China | 680 | 495 | 168 | 95.6 | -48.0% |
| United States | 577 | 239 | 54.0 | 62.9 | -52.2% |
| Brazil | 0.1 | 0.2 | 2.0 | 21.1 | 495.3% |
| Hong Kong SAR | 77.3 | 58.5 | 61.5 | 1.8 | -71.4% |
| Costa Rica | 58.6 | 95.8 | 4.5 | 0.6 | -78.3% |
| Taiwan (Chinese) | 87.7 | 91.5 | 32.8 | 0.3 | -84.9% |
| Finland | 115 | 148 | 50.7 | N/A | -33.6% |
| Others | 123 | 142 | 232 | 9.5 | -57.4% |
| Total | 2,200 | 1,510 | 793 | 650 | -33.4% |
Top Suppliers of Electronic Integrated Circuits; Memories to Panama in 2022:
- Taiwan (Chinese) (undefinedK units)
- United States (54.6K units)
- Free Zones (53.3K units)
- China (14.1K units)
- Brazil (2.3K units)
- Hong Kong SAR (0.2K units)
- Costa Rica (0.1K units)
Exports of Electronic Integrated Circuits; Memories in Panama
For the third year in a row, Panama recorded decline in overseas shipments of electronic integrated circuits, which decreased by 0% to 105K units in 2022. Overall, exports recorded a precipitous contraction. The smallest decline of -24% was in 2020. The exports peaked at 283K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, electronic integrated circuits; memories exports stood at $355K in 2022. Over the period under review, exports faced a significant contraction. The smallest decline of -27.2% was in 2020. The exports peaked at $976K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Electronic Integrated Circuits; Memories in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 126 | 119 | N/A | 50.4 | -26.3% |
| Colombia | 68.2 | 60.0 | N/A | 25.9 | -27.6% |
| Dominican Republic | 39.7 | 58.1 | N/A | 24.6 | -14.7% |
| Peru | 13.4 | 50.2 | N/A | 21.3 | 16.7% |
| Guatemala | 5.5 | 33.4 | N/A | 20.2 | 54.3% |
| Venezuela | 0.4 | 26.4 | N/A | 11.2 | 203.7% |
| Ecuador | 16.3 | 48.7 | N/A | 9.0 | -18.0% |
| Saint Kitts and Nevis | 11.6 | 13.2 | N/A | 8.0 | -11.6% |
| Cuba | 15.6 | 4.6 | N/A | 7.1 | -23.1% |
| Argentina | 9.8 | 16.8 | N/A | 7.1 | -10.2% |
| Honduras | 35.0 | 8.0 | N/A | 5.8 | -45.1% |
| Free Zones | 17.3 | 8.1 | N/A | 4.7 | -35.2% |
| Spain | 0.4 | 0.8 | N/A | 1.7 | 62.0% |
| Others | 616 | 262 | N/A | 158 | -36.5% |
| Total | 976 | 710 | N/A | 355 | -28.6% |
Top Export Markets for Electronic Integrated Circuits; Memories from Panama in 2022:
- Brazil (13.9K units)
- Colombia (13.4K units)
- Dominican Republic (12.8K units)
- Peru (11.1K units)
- Guatemala (10.5K units)
- Venezuela (5.8K units)
- Ecuador (4.7K units)
- Spain (4.6K units)
- Saint Kitts and Nevis (4.2K units)
- Cuba (3.7K units)
- Argentina (3.7K units)
- Honduras (3.0K units)
- Free Zones (2.4K units)
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This report provides an in-depth analysis of the electronic chip market in Panama.
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This report provides an in-depth analysis of the memories market in Panama.
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This report provides an in-depth analysis of the global electronic chip market.
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Global Multichip Integrated Circuits Market Report 2018. This report provides an in-depth analysis of the global multichip integrated circuits market.
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Global demand for semiconductor chips continues to outpace supply, mainly driven by increasing procurement from both the consumer electronics sector and automobile sector in 2021, catching major semiconductor foundries TSMC and Samsung off-guard. In response, many major Asian chip manufacturers have hiked their prices by up to 20% this year. While both TSMC and Samsung have pledged to increase production capacity, market players project the chip shortfall to persist until 2022/2023.
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Explore the top 10 countries in terms of import value of electronic chips and their significance in the global market. Get key statistics and numbers on the world's best import markets for electronic chips.
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Global demand for semiconductor chips continues to outpace supply, mainly driven by increasing procurement from both the consumer electronics sector and automobile sector in 2021, catching major semiconductor foundries TSMC and Samsung off-guard. In response, many major Asian chip manufacturers have hiked their prices by up to 20% this year. While both TSMC and Samsung have pledged to increase production capacity, market players project the chip shortfall to persist until 2022/2023.
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In 2016, approx. X tons of integrated circuit were imported worldwide- increasing by X% against the previous year figure. Overall, integrated circuit imports continue to indicate a relatively fla...
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Explore the top import markets for memories worldwide, including China, Hong Kong SAR, Taiwan (Chinese), South Korea, Singapore, Malaysia, Vietnam, Japan, India, and the United States. Learn about key statistics and trends in the memory storage industry.
