Price for Electronic Integrated Circuits and Microassemblies in Chile - 2023

Contents:

  1. Price for Electronic Integrated Circuits and Microassemblies in Chile (CIF) - 2022
  2. Price for Electronic Integrated Circuits and Microassemblies in Chile (FOB) - 2022
  3. Imports of Electronic Integrated Circuits and Microassemblies in Chile
  4. Exports of Electronic Integrated Circuits and Microassemblies in Chile

Price for Electronic Integrated Circuits and Microassemblies in Chile (CIF) - 2022

The average import price for electronic integrated circuits and microassemblieses stood at $83 per unit in 2022, increasing by 6.7% against the previous year. Overall, the import price posted a resilient increase. The growth pace was the most rapid in 2021 when the average import price increased by 34%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($116 per unit), while the price for Brazil ($39 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electronic Integrated Circuits and Microassemblies in Chile (FOB) - 2022

In 2022, the average export price for electronic integrated circuits and microassemblieses amounted to $89 per unit, picking up by 1,641% against the previous year. In general, the export price recorded buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($118 per unit), while the average price for exports to Uruguay ($9.9 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 Paraguay (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Integrated Circuits and Microassemblies in Chile

In 2022, overseas purchases of electronic integrated circuits and microassemblieses decreased by -31% to 503K units, falling for the second year in a row after two years of growth. In general, imports saw a deep reduction. The growth pace was the most rapid in 2020 with an increase of 3.5% against the previous year. As a result, imports attained the peak of 758K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, electronic integrated circuits and microassemblies imports dropped significantly to $42M in 2022. Over the period under review, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 29%. As a result, imports attained the peak of $57M, and then fell dramatically in the following year.

Import of Electronic Integrated Circuits and Microassemblies in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.719.027.617.66.2%
United States6.87.89.96.90.5%
Malaysia1.82.43.32.714.5%
Thailand1.10.90.22.226.0%
Mexico2.32.53.01.5-13.3%
Hong Kong SAR1.10.91.41.22.9%
Canada0.40.30.51.140.1%
Taiwan (Chinese)1.32.31.80.9-11.5%
Germany1.01.21.00.8-7.2%
Brazil0.30.20.20.410.1%
France2.70.60.70.3-51.9%
Others4.65.97.26.210.5%
Total38.044.056.841.83.2%

Top Suppliers of Electronic Integrated Circuits and Microassemblies to Chile in 2022:

  1. China (243.0K units)
  2. United States (65.0K units)
  3. Thailand (38.7K units)
  4. Malaysia (25.1K units)
  5. Mexico (16.4K units)
  6. Hong Kong SAR (10.9K units)
  7. Canada (10.7K units)
  8. Taiwan (Chinese) (10.0K units)
  9. Brazil (9.9K units)
  10. Germany (8.2K units)
  11. France (3.0K units)

Exports of Electronic Integrated Circuits and Microassemblies in Chile

In 2022, approx. 22K units of electronic integrated circuits and microassemblieses were exported from Chile; which is down by -92.9% on the previous year. Over the period under review, exports showed a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 1,613%. As a result, the exports reached the peak of 305K units, and then contracted remarkably in the following year.

In value terms, electronic integrated circuits and microassemblies exports surged to $1.9M in 2022. The total export value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Electronic Integrated Circuits and Microassemblies in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9387661,0891,2299.4%
Peru1293201061668.8%
Mexico36.76.612.116565.0%
Paraguay3.612.171.086.0188.0%
Bolivia24553.752.162.6-36.5%
Argentina16.714.416.154.448.2%
Uruguay13.5N/A4.35.2-27.2%
MalaysiaN/AN/A9.9N/A0%
Others300214204159-19.1%
Total1,6821,3871,5651,9274.6%

Top Export Markets for Electronic Integrated Circuits and Microassemblies from Chile in 2022:

  1. United States (13.2K units)
  2. Mexico (1.7K units)
  3. Peru (1.4K units)
  4. Bolivia (1.2K units)
  5. Paraguay (0.7K units)
  6. Argentina (0.7K units)
  7. Uruguay (0.5K units)

Source: IndexBox Market Intelligence Platform

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