Price for Electronic Integrated Circuits; Memories in Vietnam - 2022
Contents:
- Price for Electronic Integrated Circuits; Memories in Vietnam (CIF) - 2022
- Price for Electronic Integrated Circuits; Memories in Vietnam (FOB) - 2022
- Imports of Electronic Integrated Circuits; Memories in Vietnam
- Exports of Electronic Integrated Circuits; Memories in Vietnam
Price for Electronic Integrated Circuits; Memories in Vietnam (CIF) - 2022
In 2022, the average electronic integrated circuits; memories import price amounted to $1.2 per unit, dropping by -11.7% against the previous year. Over the period under review, the import price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2016 when the average import price increased by 107%. Over the period under review, average import prices reached the peak figure at $5.4 per unit in 2018; however, from 2019 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 Taiwan (Chinese) ($6.2 per unit), while the price for China ($0.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+25.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electronic Integrated Circuits; Memories in Vietnam (FOB) - 2022
The average electronic integrated circuits; memories export price stood at $1.7 per unit in 2022, which is down by -12% against the previous year. Over the period under review, the export price recorded a deep contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 101% against the previous year. The export price peaked at $9.7 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($3 per unit), while the average price for exports to China ($0.2 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 India (+7.2%), while the prices for the other major destinations experienced a decline.
Imports of Electronic Integrated Circuits; Memories in Vietnam
For the fourth consecutive year, Vietnam recorded growth in overseas purchases of electronic integrated circuits, which increased by 29% to 5B units in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 148%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, electronic integrated circuits; memories imports rose rapidly to $5.9B in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 24%. As a result, imports reached the peak of $6.6B. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Electronic Integrated Circuits; Memories in Vietnam (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 4.6 | 4.3 | 3.9 | 3.8 | -6.2% |
| Taiwan (Chinese) | 0.3 | 1.1 | 0.6 | 0.6 | 26.0% |
| Hong Kong SAR | N/A | N/A | N/A | 0.6 | 0% |
| China | 0.1 | 0.6 | 0.4 | 0.5 | 71.0% |
| Japan | N/A | N/A | N/A | 0.1 | 0% |
| Others | 0.2 | 0.6 | 0.2 | 0.2 | 0.0% |
| Total | 5.3 | 6.6 | 5.2 | 5.9 | 3.6% |
Top Suppliers of Electronic Integrated Circuits; Memories to Vietnam in 2022:
- South Korea (2260.8M units)
- China (2006.6M units)
- Hong Kong SAR (368.6M units)
- Japan (150.9M units)
- Taiwan (Chinese) (97.1M units)
Exports of Electronic Integrated Circuits; Memories in Vietnam
In 2022, shipments abroad of electronic integrated circuits decreased by -22.7% to 78M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 351%. As a result, the exports reached the peak of 101M units, and then contracted markedly in the following year.
In value terms, electronic integrated circuits; memories exports fell significantly to $130M in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 359%. The exports peaked at $191M in 2021, and then shrank markedly in the following year.
| Export of Electronic Integrated Circuits; Memories in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 1.2 | 1.6 | 7.1 | 54.3 | 256.3% |
| South Korea | 10.1 | 19.1 | 49.5 | 24.2 | 33.8% |
| India | 0.1 | 15.4 | 44.5 | 11.7 | 389.1% |
| Brazil | N/A | 3.5 | 24.1 | 9.0 | 60.4% |
| United States | 0.1 | 1.8 | 0.3 | 4.4 | 253.0% |
| Turkey | 0.4 | 0.1 | 26.5 | 3.4 | 104.1% |
| China | N/A | 1.0 | 4.4 | 2.7 | 64.3% |
| Mexico | N/A | N/A | N/A | 1.2 | 0% |
| Others | 3.2 | 26.4 | 34.6 | 19.2 | 81.7% |
| Total | 15.0 | 69.1 | 191 | 130 | 105.4% |
Top Export Markets for Electronic Integrated Circuits; Memories from Vietnam in 2022:
- Hong Kong SAR (35.7M units)
- China (13.7M units)
- South Korea (8.3M units)
- Brazil (7.5M units)
- India (3.9M units)
- United States (2.5M units)
- Mexico (1.5M units)
- Turkey (1.2M units)
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This report provides an in-depth analysis of the electronic chip market in Vietnam.
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This report provides an in-depth analysis of the memories market in Vietnam.
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This report provides an in-depth analysis of the global electronic chip 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 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.
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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.
1115
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...
411
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.
