ASEAN: Semiconductor Device Market 2024

Semiconductor Device Market Size in ASEAN

In 2022, the ASEAN semiconductor device market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2021, and then plummeted in the following year.

Semiconductor Device Production in ASEAN

In value terms, semiconductor device production amounted to $X in 2022 estimated in export price. Overall, production recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Semiconductor Device Exports

Exports in ASEAN

In 2022, approx. X units of semiconductor devices were exported in ASEAN; picking up by X% on the previous year. Overall, exports, however, showed a perceptible curtailment. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, semiconductor device exports shrank markedly to $X in 2022. Over the period under review, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Malaysia was the major exporter of semiconductor devices in ASEAN, with the volume of exports amounting to X units, which was approx. X% of total exports in 2022. It was distantly followed by Singapore (X units) and the Philippines (X units), together comprising a X% share of total exports. Thailand (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Thailand (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Singapore ($X), Malaysia ($X) and the Philippines ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. These countries were followed by Thailand, which accounted for a further X%.

In terms of the main exporting countries, Thailand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price showed a slight decrease. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Philippines ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced mixed trends in the export price figures.

Semiconductor Device Imports

Imports in ASEAN

For the third year in a row, ASEAN recorded decline in overseas purchases of semiconductor devices, which decreased by X% to X units in 2022. In general, imports continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, semiconductor device imports contracted remarkably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Singapore (X units), the Philippines (X units), Malaysia (X units) and Vietnam (X units) represented roughly X% of total imports in 2022. Indonesia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest semiconductor device importing markets in ASEAN were the Philippines ($X), Singapore ($X) and Malaysia ($X), together comprising X% of total imports.

In terms of the main importing countries, the Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, reducing by X% against the previous year. Import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, semiconductor device import price increased by X% against 2018 indices. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2021, and then shrank modestly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($X per unit), while Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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