Czech Republic: Electronic Chip Market 2024

Electronic Chip Market Size in the Czech Republic

The Czech electronic chip market soared to $X in 2023, surging by X% against the previous year. In general, consumption recorded a strong expansion. Over the period under review, the market hit record highs at $X in 2015; afterwards, it flattened through to 2023.

Electronic Chip Production in the Czech Republic

In value terms, electronic chip production expanded slightly to $X in 2023 estimated in export price. Over the period under review, production, however, showed a slight shrinkage. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2023, production growth remained at a lower figure.

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Electronic Chip Exports

Exports from the Czech Republic

After four years of growth, shipments abroad of electronic chips decreased by X% to X units in 2023. Overall, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2022, and then dropped dramatically in the following year.

In value terms, electronic chip exports amounted to $X in 2023. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

Germany (X units), Slovakia (X units) and Italy (X units) were the main destinations of electronic chip exports from the Czech Republic, with a combined X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Poland ($X) were the largest markets for electronic chip exported from the Czech Republic worldwide, with a combined X% share of total exports. Slovakia, France, Spain, Turkey, Italy, Hungary, China, the UK, Denmark and the Philippines lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, China, with a CAGR of X%, saw 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 2023, the average electronic chip export price amounted to $X per unit, growing by X% against the previous year. Overall, the export price, however, showed a abrupt setback. The growth pace was the most rapid in 2015 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2023, 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 the Netherlands ($X per unit), while the average price for exports to Denmark ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced a decline.

Electronic Chip Imports

Imports into the Czech Republic

In 2023, overseas purchases of electronic chips increased by X% to X units, rising for the seventh year in a row after two years of decline. Overall, imports posted a strong expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Imports peaked in 2023 and are expected to retain growth in the immediate term.

In value terms, electronic chip imports fell modestly to $X in 2023. Over the period under review, total imports indicated a perceptible increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2023, imports remained at a lower figure.

Imports by Country

Germany (X units), the Netherlands (X units) and China (X units) were the main suppliers of electronic chip imports to the Czech Republic, together comprising X% of total imports.

From 2012 to 2023, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electronic chip suppliers to the Czech Republic were the Netherlands ($X), Malaysia ($X) and Germany ($X), with a combined X% share of total imports. China, Taiwan (Chinese), Belgium, Japan, France, the United States, the Philippines and the UK lagged somewhat behind, together comprising a further X%.

France, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average electronic chip import price amounted to $X per unit, declining by X% against the previous year. In general, the import price recorded a abrupt decline. The pace of growth appeared the most rapid in 2015 when the average import price increased by X%. The import price peaked at $X per unit in 2018; however, from 2019 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform