Price for Electronic Integrated Circuits; Amplifiers in Venezuela - 2022

Contents:

  1. Price for Electronic Integrated Circuits; Amplifiers in Venezuela (CIF) - 2022
  2. Price for Electronic Integrated Circuits; Amplifiers in Venezuela (FOB) - 2022
  3. Imports of Electronic Integrated Circuits; Amplifiers in Venezuela
  4. Exports of Electronic Integrated Circuits; Amplifiers in Venezuela

Price for Electronic Integrated Circuits; Amplifiers in Venezuela (CIF) - 2022

In 2022, the average electronic integrated circuits; amplifiers import price amounted to $8.8 per unit, shrinking by -13% against the previous year. Overall, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of 53%. The import price peaked at $16 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($21 per unit), while the price for China ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-0.1%), while the prices for the other major suppliers experienced a decline.

Price for Electronic Integrated Circuits; Amplifiers in Venezuela (FOB) - 2022

The average electronic integrated circuits; amplifiers export price stood at $10 per unit in 2022, rising by 311% against the previous year. Over the period under review, the export price posted a significant expansion. 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($15 per unit), while the average price for exports to Panama stood at $2.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+322.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electronic Integrated Circuits; Amplifiers in Venezuela

In 2022, the amount of electronic integrated circuits imported into Venezuela fell markedly to 3.7K units, shrinking by -57.2% against 2021. Overall, imports recorded a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 99% against the previous year. As a result, imports reached the peak of 8.8K units, and then fell notably in the following year.

In value terms, electronic integrated circuits; amplifiers imports declined significantly to $33K in 2022. Over the period under review, imports faced a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 196%. As a result, imports attained the peak of $89K, and then plummeted in the following year.

Import of Electronic Integrated Circuits; Amplifiers in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States74.320.063.318.1-37.5%
Brazil4.95.718.411.030.9%
Sweden2.31.72.31.4-15.3%
Germany1.21.01.61.1-2.9%
China1.81.31.81.0-17.8%
Others0.20.11.20.426.0%
Total84.729.988.633.0-27.0%

Top Suppliers of Electronic Integrated Circuits; Amplifiers to Venezuela in 2022:

  1. United States (1839.0 units)
  2. China (1119.0 units)
  3. Brazil (525.0 units)
  4. Sweden (141.0 units)
  5. Germany (110.0 units)

Exports of Electronic Integrated Circuits; Amplifiers in Venezuela

In 2022, shipments abroad of electronic integrated circuits decreased by -79.4% to 157 units, falling for the second year in a row after two years of growth. Overall, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 2,452%. As a result, the exports attained the peak of 1.7K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, electronic integrated circuits; amplifiers exports plummeted to $1.6K in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 3,846%. As a result, the exports attained the peak of $2.2K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Electronic Integrated Circuits; Amplifiers in Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/A526N/A1,44365.6%
Panama55.01,6841,87114237.2%
Others1.0N/AN/AN/A0%
Total56.02,2101,8711,585204.8%

Top Export Markets for Electronic Integrated Circuits; Amplifiers from Venezuela in 2022:

  1. Malaysia (99.0 units)
  2. Panama (58.0 units)

Source: IndexBox Market Intelligence Platform

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