Price for Electronic Integrated Circuits and Microassemblies in Argentina - 2022

Contents:

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

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

The average import price for electronic integrated circuits and microassemblieses stood at $5.8 per unit in 2022, dropping by -21.4% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 45%. The import price peaked at $8.8 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 Malaysia ($28 per unit), while the price for South Korea ($1.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for electronic integrated circuits and microassemblieses stood at $39 per unit in 2022, jumping by 174% against the previous year. Overall, the export price enjoyed a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($193 per unit), while the average price for exports to Chile ($7.2 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 China (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Integrated Circuits and Microassemblies in Argentina

For the fourth consecutive year, Argentina recorded growth in supplies from abroad of electronic integrated circuits and microassemblieses, which increased by 41% to 45M units in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electronic integrated circuits and microassemblies imports rose markedly to $261M in 2022. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 42% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Electronic Integrated Circuits and Microassemblies in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China49.956.382.993.123.1%
Vietnam12.330.343.351.961.6%
Malaysia20.447.044.551.636.3%
Taiwan (Chinese)10.912.320.626.835.0%
Japan13.912.825.313.1-2.0%
South Korea4.74.86.69.225.1%
Others12.613.812.614.95.7%
Total12517723626127.8%

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

  1. China (23.2M units)
  2. Taiwan (Chinese) (10.0M units)
  3. South Korea (5.1M units)
  4. Vietnam (2.1M units)
  5. Malaysia (1.8M units)
  6. Japan (1.1M units)

Exports of Electronic Integrated Circuits and Microassemblies in Argentina

After two years of decline, overseas shipments of electronic integrated circuits and microassemblieses increased by 39% to 16K units in 2022. In general, exports, however, showed a abrupt downturn. The exports peaked at 28K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, electronic integrated circuits and microassemblies exports surged to $622K in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The exports peaked at $624K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Electronic Integrated Circuits and Microassemblies in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States311257163292-2.1%
Brazil295181N/A280-1.7%
Uruguay7.84.9N/A6.4-6.4%
SpainN/AN/AN/A6.20%
Others10.221.3N/A37.654.5%
Total624465163622-0.1%

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

  1. United States (11.9K units)
  2. Brazil (2.8K units)
  3. Uruguay (0.4K units)
  4. Spain (0.3K units)

Source: IndexBox Market Intelligence Platform

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