Price for Electronic Integrated Circuits and Microassemblies in Russia - 2022

Contents:

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

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

The average import price for electronic integrated circuits and microassemblieses stood at $1.4 per unit in January 2022, declining by -28.3% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in June 2021 an increase of 28% m-o-m. The import price peaked at $1.9 per unit in December 2021, and then dropped dramatically in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($3.3 per unit), while the price for Singapore ($357 per thousand units) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for electronic integrated circuits and microassemblieses stood at $52.7 per thousand units in January 2022, falling by -44.9% against the previous month. Overall, the export price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in August 2021 an increase of 122% against the previous month. As a result, the export price attained the peak level of $0.1 per unit. From September 2021 to January 2022, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In January 2022, the country with the highest price was South Korea ($30.0 per thousand units), while the average price for exports to China ($11.0 per thousand units) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+2.6%), while the prices for the other major destinations experienced a decline.

Imports of Electronic Integrated Circuits and Microassemblies in Russia

In 2022, after three years of growth, there was significant decline in supplies from abroad of electronic integrated circuits and microassemblieses, when their volume decreased by -28.8% to 74M units. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 136% against the previous year. As a result, imports reached the peak of 104M units, and then reduced dramatically in the following year.

In value terms, electronic integrated circuits and microassemblies imports contracted to $1.4B in 2022. Over the period under review, imports saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Imports peaked at $1.6B in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Electronic Integrated Circuits and Microassemblies in Russia (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China19924639741.2%
Malaysia2322582707.9%
Taiwan (Chinese)19520324612.3%
Vietnam16621422315.9%
Philippines46.846.278.529.5%
South Korea86.367.074.7-7.0%
Thailand42.847.167.926.0%
Belarus50.553.366.514.8%
Others577119131-52.4%
Total1,5951,2541,554-1.3%

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

  1. China (498.5M units)
  2. Thailand (101.8M units)
  3. Malaysia (88.5M units)
  4. Taiwan (Chinese) (83.4M units)
  5. South Korea (60.4M units)
  6. Philippines (57.8M units)
  7. Vietnam (44.9M units)
  8. Belarus (9.1M units)

Exports of Electronic Integrated Circuits and Microassemblies in Russia

In 2022, the amount of electronic integrated circuits and microassemblieses exported from Russia shrank sharply to 707K units, falling by -17.7% against the year before. Overall, total exports indicated mild growth from 2019 to 2022: its volume increased at an average annual rate of +1.8% 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 +27.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. As a result, the exports reached the peak of 859K units, and then shrank sharply in the following year.

In value terms, electronic integrated circuits and microassemblies exports contracted remarkably to $55M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 52%. As a result, the exports reached the peak of $66M, and then shrank markedly in the following year.

Export of Electronic Integrated Circuits and Microassemblies in Russia (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Belarus18.411.415.7-7.6%
Hong Kong SAR7.04.37.00.0%
Kazakhstan2.51.95.447.0%
Germany2.45.95.348.6%
Taiwan (Chinese)2.32.64.133.5%
China2.83.43.816.5%
Czech Republic0.41.43.1178.4%
South Korea1.41.92.430.9%
Poland0.80.22.058.1%
Netherlands1.63.31.2-13.4%
United States0.71.31.125.4%
Italy8.10.10.4-77.8%
Others5.26.014.969.3%
Total53.543.666.311.3%

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

  1. Belarus (26.0M units)
  2. Kazakhstan (9.5M units)
  3. Germany (8.2M units)
  4. Hong Kong SAR (6.6M units)
  5. Poland (5.8M units)
  6. Czech Republic (5.6M units)
  7. Netherlands (4.4M units)
  8. United States (3.6M units)
  9. China (2.7M units)
  10. Taiwan (Chinese) (2.6M units)
  11. South Korea (2.6M units)
  12. Italy (0.3M units)

Source: IndexBox Market Intelligence Platform

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