Price for Electronic Integrated Circuits and Microassemblies in Belgium - 2023
Contents:
- Price for Electronic Integrated Circuits and Microassemblies in Belgium (CIF) - 2022
- Price for Electronic Integrated Circuits and Microassemblies in Belgium (FOB) - 2022
- Imports of Electronic Integrated Circuits and Microassemblies in Belgium
- Exports of Electronic Integrated Circuits and Microassemblies in Belgium
Price for Electronic Integrated Circuits and Microassemblies in Belgium (CIF) - 2022
The average import price for electronic integrated circuits and microassemblieses stood at $25 per unit in 2022, surging by 40% against the previous year. In general, the import price saw a strong increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 71% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($176 per unit), while the price for Germany ($3.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electronic Integrated Circuits and Microassemblies in Belgium (FOB) - 2022
In 2022, the average export price for electronic integrated circuits and microassemblieses amounted to $12 per unit, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a mild decline. The growth pace was the most rapid in 2018 an increase of 44% against the previous year. As a result, the export price attained the peak level of $18 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($314 per unit), while the average price for exports to France ($3.7 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 the Philippines (+33.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electronic Integrated Circuits and Microassemblies in Belgium
Electronic integrated circuits and microassemblies imports into Belgium stood at 194M units in 2022, growing by 4.3% compared with the year before. Overall, imports, however, continue to indicate a noticeable slump. Imports peaked at 213M units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, electronic integrated circuits and microassemblies imports surged to $4.8B in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electronic Integrated Circuits and Microassemblies in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 881 | 1,214 | 1,522 | 2,594 | 43.3% |
| Taiwan (Chinese) | 199 | 243 | 376 | 608 | 45.1% |
| Germany | 500 | 302 | 296 | 367 | -9.8% |
| China | 105 | 104 | 167 | 249 | 33.4% |
| Netherlands | 245 | 182 | 262 | 230 | -2.1% |
| Czech Republic | 16.8 | 25.1 | 25.4 | 13.7 | -6.6% |
| United Kingdom | 81.6 | 136 | 2.0 | 1.5 | -73.6% |
| Others | 443 | 433 | 661 | 781 | 20.8% |
| Total | 2,471 | 2,640 | 3,311 | 4,843 | 25.1% |
Top Suppliers of Electronic Integrated Circuits and Microassemblies to Belgium in 2022:
- United Kingdom (undefinedM units)
- Germany (114.8M units)
- France (38.6M units)
- Netherlands (18.8M units)
- Czech Republic (3.4M units)
- Taiwan (Chinese) (3.4M units)
- China (3.0M units)
Exports of Electronic Integrated Circuits and Microassemblies in Belgium
Electronic integrated circuits and microassemblies exports from Belgium skyrocketed to 206M units in 2022, with an increase of 22% on the year before. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.6% 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 +79.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 71% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, electronic integrated circuits and microassemblies exports soared to $2.5B in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 29%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Electronic Integrated Circuits and Microassemblies in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 339 | 497 | 491 | 661 | 24.9% |
| Italy | 96.3 | 121 | 122 | 159 | 18.2% |
| France | 75.4 | 97.9 | 97.3 | 128 | 19.3% |
| United Kingdom | 61.0 | 74.5 | 70.6 | 85.6 | 12.0% |
| Malaysia | 41.7 | 51.1 | 77.9 | 82.6 | 25.6% |
| Romania | 31.7 | 49.9 | 54.1 | 80.4 | 36.4% |
| Sweden | 29.4 | 44.7 | 54.5 | 76.8 | 37.7% |
| Poland | 39.7 | 43.5 | 53.7 | 59.3 | 14.3% |
| Hungary | 31.3 | 30.4 | 44.1 | 56.8 | 22.0% |
| Netherlands | 41.4 | 38.9 | 54.6 | 53.7 | 9.1% |
| Austria | 19.8 | 32.3 | 39.9 | 52.1 | 38.1% |
| Spain | 61.3 | 46.2 | 41.3 | 44.9 | -9.9% |
| Denmark | 21.2 | 19.8 | 75.2 | 24.8 | 5.4% |
| Others | 497 | 641 | 827 | 979 | 25.4% |
| Total | 1,386 | 1,788 | 2,103 | 2,544 | 22.4% |
Top Export Markets for Electronic Integrated Circuits and Microassemblies from Belgium in 2022:
- Germany (58.3M units)
- France (35.0M units)
- Italy (34.2M units)
- Netherlands (12.7M units)
- Romania (11.7M units)
- Poland (11.7M units)
- Spain (4.6M units)
- Hungary (4.3M units)
- Austria (4.0M units)
- Sweden (3.5M units)
- Denmark (2.9M units)
- Malaysia (2.6M units)
- United Kingdom (1.1M units)
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