Latest Report Update: Dec 22, 2021

Latin America and the Caribbean - Electronic Integrated Circuits and Microassemblies - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Latin America and the Caribbean: Electronic Chip Market Overview 2021

Electronic Chip Market Size in Latin America and the Caribbean

The Latin American electronic chip market skyrocketed to $X in 2020, with an increase of X% against the previous year. Over the period under review, consumption enjoyed a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Electronic Chip Production in Latin America and the Caribbean

In value terms, electronic chip production reached $X in 2020 estimated in export prices. Overall, production enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2012 when the production volume increased by X% against the previous year. The level of production peaked in 2020 and is likely to see steady growth in the near future.

Production By Country in Latin America and the Caribbean

Mexico (X units) remains the largest electronic chip producing country in Latin America and the Caribbean, comprising approx. X% of total volume. Moreover, electronic chip production in Mexico exceeded the figures recorded by the second-largest producer, Brazil (X units), more than tenfold. The third position in this ranking was occupied by Costa Rica (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in Mexico totaled +X%. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Costa Rica (-X% per year).

Electronic Chip Exports

Exports in Latin America and the Caribbean

Electronic chip exports fell dramatically to X units in 2020, with a decrease of -X% on 2019. In general, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. The volume of export peaked at X units in 2019, and then dropped rapidly in the following year.

In value terms, electronic chip exports declined remarkably to $X in 2020. Overall, exports, however, saw a notable increase. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. The level of export peaked at $X in 2019, and then contracted remarkably in the following year.

Exports by Country

Mexico dominates electronic chip exports structure, recording X units, which was approx. X% of total exports in 2020. The following exporters - Costa Rica (X units) and Brazil (X units) - each resulted at a X% share of total exports.

From 2007 to 2020, average annual rates of growth with regard to electronic chip exports from Mexico stood at +X%. At the same time, Brazil (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. By contrast, Costa Rica (-X%) illustrated a downward trend over the same period. Mexico (+X p.p.) significantly strengthened its position in terms of the total exports, while Costa Rica saw its share reduced by -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest electronic chip supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Costa Rica ($X), with a X% share of total exports.

In Mexico, electronic chip exports expanded at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Costa Rica (-X% per year) and Brazil (+X% per year).

Export Prices by Country

The electronic chip export price in Latin America and the Caribbean stood at $X per unit in 2020, with an increase of X% against the previous year. In general, the export price, however, saw a mild descent. The level of export peaked at $X per unit in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Costa Rica ($X per unit), while Mexico ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Costa Rica, while the other leaders experienced mixed trends in the export price figures.

Electronic Chip Imports

Imports in Latin America and the Caribbean

For the fifth consecutive year, LatAmerica and the Caribbean recorded growth in supplies from abroad of electronic chips, which increased by X% to X units in 2020. In general, imports showed a buoyant increase. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. The volume of import peaked in 2020 and is likely to see steady growth in the near future.

In value terms, electronic chip imports soared to $X in 2020. Over the period under review, imports posted prominent growth. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. The level of import peaked in 2020 and is expected to retain growth in the immediate term.

Imports by Country

In 2020, Mexico (X units) represented the largest importer of electronic chips, achieving X% of total imports. El Salvador (X units) ranks second in terms of the total imports with a X% share, followed by Brazil (X%).

Imports into Mexico increased at an average annual rate of +X% from 2007 to 2020. At the same time, El Salvador (+X%) and Brazil (+X%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. From 2007 to 2020, the share of El Salvador, Mexico and Brazil increased by +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported electronic chips in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports.

In Mexico, electronic chip imports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and El Salvador (+X% per year).

Import Prices by Country

In 2020, the electronic chip import price in Latin America and the Caribbean amounted to $X per unit, waning by -X% against the previous year. In general, the import price saw a pronounced decrease. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. The level of import peaked at $X per unit in 2009; however, from 2010 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Mexico ($X per unit), while El Salvador ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electronic chips in LatAmerica and the Caribbean?
+
Mexico (11B units) remains the largest electronic chip consuming country in Latin America and the Caribbean, accounting for 54% of total volume. Moreover, electronic chip consumption in Mexico exceeded the figures recorded by the second-largest consumer, El Salvador (4.8B units), twofold.
What are the largest producers of electronic chips in LatAmerica and the Caribbean?
+
Mexico (4.3B units) constituted the country with the largest volume of electronic chip production, accounting for 80% of total volume. Moreover, electronic chip production in Mexico exceeded the figures recorded by the second-largest producer, Brazil (263M units), more than tenfold. Costa Rica (163M units) ranked third in terms of total production with a 3% share.
What are the leading suppliers of electronic chips in LatAmerica and the Caribbean?
+
In value terms, Mexico ($2.7B) remains the largest electronic chip supplier in Latin America and the Caribbean, comprising 67% of total exports. The second position in the ranking was occupied by Costa Rica ($1.3B), with a 31% share of total exports.
What are the leading importers of electronic chips in LatAmerica and the Caribbean?
+
In value terms, Mexico ($18.7B) constitutes the largest market for imported electronic chips in Latin America and the Caribbean, comprising 79% of total imports. The second position in the ranking was occupied by Brazil ($4B), with a 17% share of total imports.
What is the average export price for electronic chips in LatAmerica and the Caribbean?
+
In 2020, the electronic chip export price in Latin America and the Caribbean amounted to $1.6 per unit, with an increase of 62% against the previous year.
What is the average import price for electronic chips in LatAmerica and the Caribbean?
+
In 2020, the electronic chip import price in Latin America and the Caribbean amounted to $1.3 per unit, waning by -11.2% against the previous year.

Product coverage:
• Prodcom 26113003 - Multichip integrated circuits: processors and controllers, w hether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
• Prodcom 26113006 - Electronic integrated circuits (excluding multichip circuits): processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
• Prodcom 26113023 - Multichip integrated circuits: memories
• Prodcom 26113027 - Electronic integrated circuits (excluding multichip circuits): dynamic random-access memories (D-RAMs)
• Prodcom 26113034 - Electronic integrated circuits (excluding multichip circuits): static random-access memories (S-RAMs), including cache random-access memories (cache-RAMs)
• Prodcom 26113054 - Electronic integrated circuits (excluding multichip circuits): UV erasable, programmable, read only memories (EPROMs)
• Prodcom 26113065 - Electronic integrated circuits (excluding multichip circuits): electrically erasable, programmable, read only memories (E.PROMs), including flash E.PROMs
• Prodcom 26113067 - Electronic integrated circuits (excluding multichip circuits): other memories
• Prodcom 26113080 - Electronic integrated circuits: amplifiers
• Prodcom 26113091 - Other multichip integrated circuits n.e.c.
• Prodcom 26113094 - Other electronic integrated circuits n.e.c.

This report provides an in-depth analysis of the electronic chip market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020
Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 8th, 2022 @ 04:00 pm ET


Register
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET


Register
Webinar: Global Printed Circuit Assembly Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global printed circuit assembly market.



Thursday, April 29th, 2021 @ 04:00 pm ET

Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data