Price for Electronic Integrated Circuits; Amplifiers in South Korea - 2022
Contents:
- Price for Electronic Integrated Circuits; Amplifiers in South Korea (CIF) - 2022
- Price for Electronic Integrated Circuits; Amplifiers in South Korea (FOB) - 2022
- Imports of Electronic Integrated Circuits; Amplifiers in South Korea
- Exports of Electronic Integrated Circuits; Amplifiers in South Korea
Price for Electronic Integrated Circuits; Amplifiers in South Korea (CIF) - 2022
The average electronic integrated circuits; amplifiers import price stood at $1.4 per unit in December 2022, reducing by -37.5% against the previous month. Overall, the import price, however, showed a notable expansion. The pace of growth was the most pronounced in January 2022 when the average import price increased by 114% against the previous month. The import price peaked at $2.8 per unit in August 2022; however, from September 2022 to December 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Singapore ($4.3 per unit), while the price for the Philippines ($395 per thousand units) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Singapore (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electronic Integrated Circuits; Amplifiers in South Korea (FOB) - 2022
The average electronic integrated circuits; amplifiers export price stood at $2.0 per unit in December 2022, jumping by 24% against the previous month. Over the period under review, export price indicated a strong expansion from December 2021 to December 2022: its price increased at an average monthly rate of +5.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, electronic integrated circuits; amplifiers export price increased by +40.9% against September 2022 indices. The pace of growth was the most pronounced in April 2022 when the average export price increased by 35% against the previous month. The export price peaked in December 2022.
There were significant differences in the average prices for the major export markets. In December 2022, the country with the highest price was India ($2.3 per unit), while the average price for exports to Poland ($268 per thousand units) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electronic Integrated Circuits; Amplifiers in South Korea
In 2022, supplies from abroad of electronic integrated circuits was finally on the rise to reach 485M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a deep contraction. Imports peaked at 581M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electronic integrated circuits; amplifiers imports shrank significantly to $343M in 2022. In general, imports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 47% against the previous year. Over the period under review, imports hit record highs at $411M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Electronic Integrated Circuits; Amplifiers in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 46.4 | 32.1 | 35.7 | 192 | 60.5% |
| United States | 142 | 39.6 | 20.3 | 55.3 | -27.0% |
| Hong Kong SAR | 15.4 | 11.9 | 7.0 | 28.1 | 22.2% |
| Germany | 3.9 | 5.6 | 12.1 | 25.7 | 87.5% |
| Japan | 8.7 | 2.8 | 2.2 | 4.8 | -18.0% |
| Malaysia | 102 | 82.4 | 83.0 | N/A | -9.8% |
| Singapore | 85.7 | 97.3 | 71.7 | N/A | -8.5% |
| Others | 6.3 | 5.9 | 177 | 37.5 | 81.2% |
| Total | 411 | 278 | 409 | 343 | -5.9% |
Top Suppliers of Electronic Integrated Circuits; Amplifiers to South Korea in 2022:
- China (341.3M units)
- United States (44.8M units)
- Hong Kong SAR (43.5M units)
- Japan (39.4M units)
- Germany (13.7M units)
Exports of Electronic Integrated Circuits; Amplifiers in South Korea
In 2022, shipments abroad of electronic integrated circuits decreased by -0.5% to 3.1B units, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -1.9% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 74% against the previous year. As a result, the exports reached the peak of 3.2B units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, electronic integrated circuits; amplifiers exports amounted to $4.8B in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -1.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 75% against the previous year. As a result, the exports reached the peak of $4.9B. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Electronic Integrated Circuits; Amplifiers in South Korea (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.9 | 3.0 | 1.8 | 4.5 | 33.3% |
| Hong Kong SAR | N/A | N/A | N/A | 0.1 | 0% |
| Singapore | 0.7 | 1.6 | 1.2 | N/A | 30.9% |
| Others | 0.1 | 0.2 | 1.7 | 0.2 | 26.0% |
| Total | 2.8 | 4.9 | 4.7 | 4.8 | 19.7% |
Top Export Markets for Electronic Integrated Circuits; Amplifiers from South Korea in 2022:
- China (2.8B units)
- Hong Kong SAR (0.2B units)
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