Price for Electronic Integrated Circuits; Memories in the UK - 2023
Contents:
- Price for Electronic Integrated Circuits; Memories in the UK (CIF) - 2022
- Price for Electronic Integrated Circuits; Memories in the UK (FOB) - 2022
- Imports of Electronic Integrated Circuits; Memories in the UK
- Exports of Electronic Integrated Circuits; Memories in the UK
Price for Electronic Integrated Circuits; Memories in the UK (CIF) - 2022
In 2022, the average electronic integrated circuits; memories import price amounted to $2.3 per unit, waning by -29.4% against the previous year. Over the period under review, the import price, however, saw a buoyant expansion. The growth pace was the most rapid in 2019 an increase of 74%. Over the period under review, average import prices reached the peak figure at $3.3 per unit in 2021, and then reduced remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($9.4 per unit), while the price for France ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electronic Integrated Circuits; Memories in the UK (FOB) - 2022
The average electronic integrated circuits; memories export price stood at $2 per unit in 2022, approximately reflecting the previous year. Overall, the export price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 89% against the previous year. Over the period under review, the average export prices reached the maximum at $2 per unit in 2021, and then declined modestly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($6 per unit), while the average price for exports to Romania ($0.3 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 Israel (+30.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electronic Integrated Circuits; Memories in the UK
In 2022, after two years of decline, there was significant growth in purchases abroad of electronic integrated circuits, when their volume increased by 19% to 117M units. Over the period under review, imports, however, recorded a pronounced contraction. Imports peaked at 136M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, electronic integrated circuits; memories imports fell markedly to $270M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 33% against the previous year. Imports peaked at $320M in 2021, and then declined sharply in the following year.
| Import of Electronic Integrated Circuits; Memories in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 15.9 | 58.8 | 48.9 | 99.7 | 84.4% |
| China | 14.7 | 19.5 | 14.6 | 45.2 | 45.4% |
| Thailand | 8.0 | 5.9 | 8.4 | 19.5 | 34.6% |
| South Korea | 9.2 | 7.3 | 51.6 | 19.0 | 27.3% |
| Malaysia | 0.8 | 5.3 | 1.8 | 18.4 | 184.4% |
| United States | 21.0 | 14.7 | 9.6 | 16.0 | -8.7% |
| Philippines | 1.5 | 3.0 | 4.1 | 15.7 | 118.7% |
| Netherlands | 86.8 | 119 | 131 | 3.0 | -67.4% |
| Germany | 25.5 | 8.3 | 17.7 | 2.5 | -53.9% |
| France | 0.8 | 0.7 | 2.1 | 1.4 | 20.5% |
| Belgium | 5.8 | 6.1 | 6.8 | 1.1 | -42.5% |
| Others | 8.0 | 15.5 | 22.7 | 28.1 | 52.0% |
| Total | 198 | 264 | 320 | 270 | 10.9% |
Top Suppliers of Electronic Integrated Circuits; Memories to the UK in 2022:
- Taiwan (Chinese) (40.4M units)
- China (25.4M units)
- United States (23.3M units)
- Thailand (5.3M units)
- Philippines (4.3M units)
- Malaysia (3.5M units)
- France (3.4M units)
- South Korea (2.9M units)
- Germany (0.9M units)
- Belgium (0.5M units)
- Netherlands (0.3M units)
Exports of Electronic Integrated Circuits; Memories in the UK
In 2022, approx. 64M units of electronic integrated circuits were exported from the UK; picking up by 27% compared with 2021. Over the period under review, exports, however, continue to indicate a drastic downturn. The exports peaked at 138M units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, electronic integrated circuits; memories exports soared to $127M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -24.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 88%. As a result, the exports reached the peak of $168M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Electronic Integrated Circuits; Memories in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 11.0 | 48.9 | 31.0 | 40.3 | 54.2% |
| Hong Kong SAR | 3.7 | 3.9 | 12.3 | 18.1 | 69.8% |
| Netherlands | 1.8 | 6.2 | 6.5 | 12.5 | 90.8% |
| United States | 16.6 | 5.1 | 7.9 | 11.1 | -12.6% |
| China | 3.0 | 3.6 | 13.4 | 10.1 | 49.9% |
| Israel | 1.7 | 1.4 | 3.9 | 6.6 | 57.2% |
| Switzerland | 0.6 | 0.4 | 2.5 | 3.2 | 74.7% |
| France | 5.3 | 4.0 | 1.3 | 2.3 | -24.3% |
| Denmark | 2.3 | 2.0 | 1.1 | 2.1 | -3.0% |
| Czech Republic | 3.7 | 5.6 | 0.2 | 1.2 | -31.3% |
| Turkey | 0.2 | 0.2 | 0.3 | 0.8 | 58.7% |
| Romania | 3.3 | 2.3 | 0.2 | 0.7 | -40.4% |
| Hungary | 2.8 | 2.2 | 0.4 | 0.3 | -52.5% |
| Others | 33.2 | 82.3 | 20.1 | 17.3 | -19.5% |
| Total | 89.4 | 168 | 101 | 127 | 12.4% |
Top Export Markets for Electronic Integrated Circuits; Memories from the UK in 2022:
- Germany (30.0M units)
- Hong Kong SAR (4.3M units)
- Denmark (3.7M units)
- Switzerland (3.7M units)
- Romania (2.3M units)
- China (2.3M units)
- Netherlands (2.1M units)
- United States (2.1M units)
- France (1.6M units)
- Turkey (1.5M units)
- Israel (1.3M units)
- Hungary (1.0M units)
- Czech Republic (0.3M units)
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