Price for Electronic Integrated Circuits and Microassemblies in Australia - 2023
Contents:
- Price for Electronic Integrated Circuits and Microassemblies in Australia (CIF) - 2022
- Price for Electronic Integrated Circuits and Microassemblies in Australia (FOB) - 2022
- Imports of Electronic Integrated Circuits and Microassemblies in Australia
- Exports of Electronic Integrated Circuits and Microassemblies in Australia
Price for Electronic Integrated Circuits and Microassemblies in Australia (CIF) - 2022
The average import price for electronic integrated circuits and microassemblieses stood at $88 per unit in 2022, rising by 31% against the previous year. In general, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 43%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($116 per unit), while the price for Costa Rica ($38 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+28.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electronic Integrated Circuits and Microassemblies in Australia (FOB) - 2022
The average export price for electronic integrated circuits and microassemblieses stood at $63 per unit in 2022, rising by 114% against the previous year. Over the period under review, the export price saw significant growth. The pace of growth appeared the most rapid in 2018 an increase of 138% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($101 per unit), while the average price for exports to Oman ($0.5 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 Papua New Guinea (+29.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electronic Integrated Circuits and Microassemblies in Australia
Electronic integrated circuits and microassemblies imports into Australia shrank significantly to 6.6M units in 2022, dropping by -19.4% on 2021 figures. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. Over the period under review, imports attained the peak figure at 8.5M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, electronic integrated circuits and microassemblies imports totaled $576M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.
Import of Electronic Integrated Circuits and Microassemblies in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 221 | 110 | 115 | 134 | -15.4% |
China | 78.1 | 100 | 127 | 123 | 16.3% |
Malaysia | 82.2 | 59.1 | 61.7 | 84.5 | 0.9% |
United States | 51.0 | 42.7 | 39.7 | 43.7 | -5.0% |
South Korea | 39.9 | 40.9 | 44.8 | 35.6 | -3.7% |
Thailand | 10.0 | 18.8 | 19.0 | 28.1 | 41.1% |
Vietnam | 28.9 | 36.0 | 36.3 | 27.5 | -1.6% |
Philippines | 17.6 | 11.4 | 18.8 | 20.7 | 5.6% |
Singapore | 9.7 | 9.6 | 18.9 | 12.6 | 9.1% |
Austria | 0.3 | 0.1 | 11.7 | 11.9 | 241.0% |
Hong Kong SAR | 2.5 | 4.0 | 7.0 | 7.2 | 42.3% |
Others | 28.1 | 30.3 | 43.5 | 46.7 | 18.5% |
Total | 570 | 463 | 544 | 576 | 0.3% |
Top Suppliers of Electronic Integrated Circuits and Microassemblies to Australia in 2022:
- Taiwan (Chinese) (2001.1K units)
- China (1161.3K units)
- Malaysia (759.8K units)
- United States (387.7K units)
- Philippines (323.1K units)
- South Korea (305.9K units)
- Vietnam (265.9K units)
- Thailand (249.2K units)
- Singapore (235.2K units)
- Austria (188.9K units)
- Hong Kong SAR (107.7K units)
Exports of Electronic Integrated Circuits and Microassemblies in Australia
In 2022, the amount of electronic integrated circuits and microassemblieses exported from Australia declined dramatically to 1.4M units, waning by -38.5% on 2021 figures. Over the period under review, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. As a result, the exports attained the peak of 2.3M units, and then shrank rapidly in the following year.
In value terms, electronic integrated circuits and microassemblies exports soared to $90M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.1% against 2020 indices. 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 Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 6.8 | 14.3 | 14.1 | 15.1 | 30.5% |
New Zealand | 6.5 | 3.7 | 5.2 | 12.0 | 22.7% |
Hong Kong SAR | 8.0 | 5.0 | 7.8 | 11.5 | 12.9% |
Singapore | 12.7 | 11.2 | 9.9 | 11.1 | -4.4% |
Malaysia | 4.1 | 4.0 | 6.1 | 8.8 | 29.0% |
China | 3.5 | 3.9 | 4.4 | 7.3 | 27.8% |
Indonesia | 1.1 | 2.4 | 4.8 | 5.2 | 67.8% |
Papua New Guinea | 0.6 | 0.4 | 0.6 | 2.8 | 67.1% |
Germany | 0.7 | 1.5 | 1.1 | 2.4 | 50.8% |
Solomon Islands | 0.1 | 0.1 | 0.5 | 1.0 | 115.4% |
Brazil | N/A | 0.1 | N/A | 0.1 | 0.0% |
Slovenia | N/A | 0.2 | 0.4 | N/A | 100.0% |
Oman | N/A | N/A | N/A | N/A | 0% |
Others | 30.7 | 12.5 | 13.1 | 12.3 | -26.3% |
Total | 74.9 | 59.2 | 67.9 | 89.5 | 6.1% |
Top Export Markets for Electronic Integrated Circuits and Microassemblies from Australia in 2022:
- United States (180.1K units)
- Solomon Islands (169.7K units)
- New Zealand (127.8K units)
- Singapore (127.7K units)
- Hong Kong SAR (125.4K units)
- China (101.5K units)
- Malaysia (99.3K units)
- Papua New Guinea (70.9K units)
- Oman (61.5K units)
- Indonesia (51.3K units)
- Brazil (35.5K units)
- Germany (35.0K units)
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