Price for Electronic Integrated Circuits and Microassemblies in Hungary - 2023

Contents:

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

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

In 2021, the average import price for electronic integrated circuits and microassemblieses amounted to $11 per unit, picking up by 225% against the previous year. Overall, the import price saw a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($0.4 per unit), while the price for Austria (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+30.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for electronic integrated circuits and microassemblieses stood at $23 per unit in 2021, increasing by 49% against the previous year. Overall, the export price saw a strong expansion. The growth pace was the most rapid in 2016 an increase of 600% against the previous year. The export price peaked at $126 per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($0.6 per unit), while the average price for exports to Italy ($0.1 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+32.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Integrated Circuits and Microassemblies in Hungary

In 2022, after two years of decline, there was significant growth in overseas purchases of electronic integrated circuits and microassemblieses, when their volume increased by 91% to 624M units. In general, imports, however, showed a dramatic contraction. Imports peaked at 1.3B units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, electronic integrated circuits and microassemblies imports expanded rapidly to $3.7B in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Electronic Integrated Circuits and Microassemblies in Hungary (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Germany1,3021,0781,219-3.2%
Netherlands1,013787739-14.6%
Taiwan (Chinese)35.1114220150.4%
Ireland11479.3105-4.0%
Belgium56.252.767.39.4%
France93.667.260.6-19.5%
Austria30.023.035.28.3%
Denmark10.710.312.37.2%
Others7828511,06716.8%
Total3,4373,0643,5271.3%

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

  1. Germany (14.9B units)
  2. Netherlands (3.8B units)
  3. Ireland (1.7B units)
  4. Austria (1.0B units)
  5. France (0.9B units)
  6. Belgium (0.9B units)
  7. Taiwan (Chinese) (0.5B units)
  8. Denmark (0.3B units)

Exports of Electronic Integrated Circuits and Microassemblies in Hungary

Electronic integrated circuits and microassemblies exports from Hungary rose significantly to 26M units in 2022, picking up by 11% compared with 2021 figures. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 553% against the previous year. As a result, the exports attained the peak of 28M units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, electronic integrated circuits and microassemblies exports amounted to $594M in 2022. The total export value increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 23%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Electronic Integrated Circuits and Microassemblies in Hungary (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Germany12313519826.9%
Ukraine67.559.377.47.1%
Portugal1.08.538.7522.1%
China81.636.436.8-32.8%
Romania19.426.635.034.3%
Austria12.821.934.363.7%
Czech Republic11.46.56.6-23.9%
Slovakia6.75.46.6-0.7%
Italy2.61.55.849.4%
Slovenia3.84.33.7-1.3%
Others20912686.6-35.6%
Total538431529-0.8%

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

  1. Germany (651.9M units)
  2. Romania (607.2M units)
  3. Portugal (381.6M units)
  4. Austria (218.8M units)
  5. Ukraine (130.6M units)
  6. Italy (104.8M units)
  7. Slovakia (59.0M units)
  8. Czech Republic (52.7M units)
  9. Slovenia (36.5M units)
  10. China (14.5M units)

Source: IndexBox Market Intelligence Platform

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