Price for Electronic Integrated Circuits; Memories in Portugal - 2023

Contents:

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

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

In 2022, the average electronic integrated circuits; memories import price amounted to $4.3 per unit, falling by -11% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.9% 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 import price decreased by -23.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 42% against the previous year. As a result, import price reached the peak level of $5.7 per unit. From 2021 to 2022, the average 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 Spain ($8 per unit), while the price for Taiwan (Chinese) ($2.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average electronic integrated circuits; memories export price amounted to $12 per unit, with a decrease of -41.5% against the previous year. Overall, the export price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 179% against the previous year. The export price peaked at $39 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($214 per unit), while the average price for exports to China ($1.7 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 Germany (+63.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Integrated Circuits; Memories in Portugal

In 2022, imports of electronic integrated circuits into Portugal expanded to 28M units, picking up by 2.7% compared with the previous year. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +7.5% 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 +46.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 43%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, electronic integrated circuits; memories imports dropped to $122M in 2022. The total import value increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 22%. As a result, imports reached the peak of $133M, and then contracted in the following year.

Import of Electronic Integrated Circuits; Memories in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France23.830.398.571.844.5%
Germany13.413.29.813.91.2%
SingaporeN/A3.07.412.9107.4%
Spain21.225.44.46.3-33.3%
Taiwan (Chinese)2.63.53.74.721.8%
Belgium0.61.22.22.151.8%
Netherlands16.217.00.81.5-54.8%
United Kingdom5.76.0N/A0.1-74.0%
Others7.29.36.58.66.1%
Total90.710913312210.4%

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

  1. United Kingdom (undefinedM units)
  2. France (16.2M units)
  3. Germany (3.8M units)
  4. Singapore (3.0M units)
  5. Taiwan (Chinese) (1.8M units)
  6. Spain (0.8M units)
  7. Belgium (0.5M units)
  8. Netherlands (0.4M units)

Exports of Electronic Integrated Circuits; Memories in Portugal

In 2022, exports of electronic integrated circuits from Portugal soared to 785K units, jumping by 196% on the year before. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electronic integrated circuits; memories exports skyrocketed to $9.6M in 2022. Overall, exports, however, saw a noticeable contraction. Over the period under review, the exports hit record highs at $10M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Electronic Integrated Circuits; Memories in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France69.73,7893,3834,398298.1%
Spain1,0124411,0263,10945.4%
Italy2.80.656.2747543.8%
United States52.418640.732884.3%
China0.8N/A65.0207537.2%
Angola50.329.818611431.4%
India0.4N/A0.757.3423.2%
Bulgaria1,975N/AN/AN/A0%
Slovakia5,621567N/AN/A-89.9%
Others1,5862,540794651-25.7%
Total10,3717,5545,5529,612-2.5%

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

  1. Spain (249.4K units)
  2. France (147.4K units)
  3. China (120.7K units)
  4. Italy (107.2K units)
  5. United States (106.4K units)
  6. India (19.5K units)
  7. Angola (16.1K units)

Source: IndexBox Market Intelligence Platform

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