Price for Electronic Integrated Circuits and Microassemblies in Lithuania - 2023
Contents:
- Price for Electronic Integrated Circuits and Microassemblies in Lithuania (CIF) - 2022
- Price for Electronic Integrated Circuits and Microassemblies in Lithuania (FOB) - 2022
- Imports of Electronic Integrated Circuits and Microassemblies in Lithuania
- Exports of Electronic Integrated Circuits and Microassemblies in Lithuania
Price for Electronic Integrated Circuits and Microassemblies in Lithuania (CIF) - 2022
The average import price for electronic integrated circuits and microassemblieses stood at $251 per unit in 2022, falling by -20.9% against the previous year. Over the period under review, the import price faced a deep contraction. The pace of growth appeared the most rapid in 2020 an increase of 49% against the previous year. The import price peaked at $1,687 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($1,146 per unit), while the price for Hong Kong SAR ($32 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-3.8%), while the prices for the other major suppliers experienced a decline.
Price for Electronic Integrated Circuits and Microassemblies in Lithuania (FOB) - 2022
In 2022, the average export price for electronic integrated circuits and microassemblieses amounted to $11 per unit, which is down by -45.9% against the previous year. Over the period under review, the export price faced a abrupt shrinkage. The growth pace was the most rapid in 2015 an increase of 181%. As a result, the export price attained the peak level of $63 per unit. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($33 per unit), while the average price for exports to the UK ($1.9 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 United States (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electronic Integrated Circuits and Microassemblies in Lithuania
In 2022, the amount of electronic integrated circuits and microassemblieses imported into Lithuania skyrocketed to 1.2M units, with an increase of 71% against the previous year's figure. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 106%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, electronic integrated circuits and microassemblies imports surged to $294M in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 106% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Electronic Integrated Circuits and Microassemblies in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 19.7 | 21.3 | 69.5 | 113 | 79.0% |
| China | 4.1 | 6.5 | 39.7 | 38.8 | 111.5% |
| Taiwan (Chinese) | 8.8 | 2.3 | 11.7 | 30.9 | 52.0% |
| Netherlands | 12.6 | 20.6 | 26.3 | 23.4 | 22.9% |
| Belgium | 7.3 | 8.4 | 15.1 | 19.3 | 38.3% |
| Estonia | 9.5 | 6.4 | 4.2 | 4.6 | -21.5% |
| United Kingdom | 7.1 | 9.4 | 2.2 | 3.0 | -25.0% |
| Hong Kong SAR | 3.0 | 2.5 | 3.0 | 1.0 | -30.7% |
| Others | 24.3 | 28.4 | 46.0 | 59.1 | 34.5% |
| Total | 96.3 | 106 | 218 | 294 | 45.1% |
Top Suppliers of Electronic Integrated Circuits and Microassemblies to Lithuania in 2022:
- Taiwan (Chinese) (768.9K units)
- Germany (99.1K units)
- Netherlands (64.4K units)
- Belgium (61.7K units)
- China (59.6K units)
- Hong Kong SAR (32.2K units)
- Estonia (4.0K units)
- United Kingdom (3.9K units)
Exports of Electronic Integrated Circuits and Microassemblies in Lithuania
For the fourth consecutive year, Lithuania recorded growth in overseas shipments of electronic integrated circuits and microassemblieses, which increased by 77% to 3.3M units in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 80% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, electronic integrated circuits and microassemblies exports shrank slightly to $37M in 2022. The total export value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 6.2% against the previous year. As a result, the exports reached the peak of $39M, and then contracted slightly in the following year.
| Export of Electronic Integrated Circuits and Microassemblies in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.7 | 3.9 | 6.0 | 6.4 | -1.5% |
| Latvia | 2.7 | 1.9 | 2.0 | 5.4 | 26.0% |
| Hong Kong SAR | 2.0 | 3.4 | 1.4 | 4.3 | 29.1% |
| United Kingdom | 0.2 | 0.1 | 0.3 | 2.1 | 119.0% |
| Poland | 0.9 | 0.9 | 0.8 | 1.9 | 28.3% |
| Russia | 9.1 | 12.1 | 13.6 | 1.5 | -45.2% |
| Belarus | 5.7 | 7.0 | 6.5 | 1.4 | -37.4% |
| Ukraine | 4.0 | 3.8 | 4.4 | 1.3 | -31.2% |
| United States | 0.1 | 0.4 | 0.9 | 1.3 | 135.1% |
| Estonia | 2.4 | 1.1 | 0.7 | 1.2 | -20.6% |
| Uzbekistan | N/A | N/A | N/A | 0.8 | 0% |
| China | N/A | 0.3 | 0.5 | 0.8 | 63.3% |
| Sweden | 0.1 | 0.3 | 0.1 | 0.3 | 44.2% |
| Others | 0.9 | 1.3 | 1.8 | 8.3 | 109.7% |
| Total | 34.9 | 36.6 | 38.8 | 37.1 | 2.1% |
Top Export Markets for Electronic Integrated Circuits and Microassemblies from Lithuania in 2022:
- United Kingdom (1096.2K units)
- Germany (801.5K units)
- Latvia (192.3K units)
- United States (168.6K units)
- Hong Kong SAR (130.9K units)
- Uzbekistan (125.9K units)
- Sweden (116.4K units)
- China (69.4K units)
- Poland (63.0K units)
- Belarus (48.2K units)
- Estonia (46.1K units)
- Russia (44.8K units)
- Ukraine (43.0K units)
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