Price for Electronic Integrated Circuits and Microassemblies in Singapore - 2022
Contents:
- Price for Electronic Integrated Circuits and Microassemblies in Singapore (FOB) - 2022
- Price for Electronic Integrated Circuits and Microassemblies in Singapore (CIF) - 2022
- Exports of Electronic Integrated Circuits and Microassemblies in Singapore
- Imports of Electronic Integrated Circuits and Microassemblies in Singapore
Price for Electronic Integrated Circuits and Microassemblies in Singapore (FOB) - 2022
The average export price for electronic integrated circuits and microassemblieses stood at $80 per unit in 2021, rising by 9.8% against the previous year. Over the period under review, the export price saw a strong increase. The growth pace was the most rapid in 2014 an increase of 44,874,232% against the previous year. As a result, the export price attained the peak level of $17,305,522 per unit. From 2015 to 2021, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($5.5 per unit), while the average price for exports to Indonesia ($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 Vietnam (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electronic Integrated Circuits and Microassemblies in Singapore (CIF) - 2022
In 2021, the average import price for electronic integrated circuits and microassemblieses amounted to $83 per unit, increasing by 13% against the previous year. Overall, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 87,971,106%. As a result, import price attained the peak level of $32,225,871 per unit. From 2014 to 2021, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($3.2 per unit), while the price for China ($1.1 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electronic Integrated Circuits and Microassemblies in Singapore
In 2022, shipments abroad of electronic integrated circuits and microassemblieses decreased by -7.9% to 1.3B units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. As a result, the exports attained the peak of 1.4B units, and then contracted in the following year.
In value terms, electronic integrated circuits and microassemblies exports skyrocketed to $193B in 2022. Over the period under review, exports, however, posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Electronic Integrated Circuits and Microassemblies in Singapore (Billion USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Hong Kong SAR | 39.2 | 28.0 | 40.0 | 1.0% | |
China | 11.5 | 6.6 | 19.0 | 28.5% | |
Taiwan (Chinese) | 5.6 | 4.1 | 10.9 | 39.5% | |
Malaysia | 7.7 | 4.4 | 9.2 | 9.3% | |
Vietnam | 0.4 | 0.6 | 5.9 | 284.1% | |
United States | 0.8 | 0.6 | 4.4 | 134.5% | |
Japan | 1.0 | 0.7 | 3.6 | 89.7% | |
Thailand | 0.8 | 0.6 | 3.0 | 93.6% | |
Germany | 0.3 | 0.1 | 2.1 | 164.6% | |
Indonesia | 0.6 | 0.2 | 1.4 | 52.8% | |
Philippines | 1.7 | 1.1 | 1.1 | -19.6% | |
Others | 7.3 | 39.3 | 11.9 | 27.7% | |
Total | 76.9 | 86.2 | 112 | 20.7% |
Top Export Markets for Electronic Integrated Circuits and Microassemblies from Singapore in 2022:
- Malaysia (38.9B units)
- Hong Kong SAR (34.5B units)
- Indonesia (13.2B units)
- Thailand (11.4B units)
- Vietnam (5.0B units)
- United States (3.5B units)
- China (3.5B units)
- Japan (2.8B units)
- Taiwan (Chinese) (2.0B units)
- Germany (1.9B units)
- Philippines (1.1B units)
Imports of Electronic Integrated Circuits and Microassemblies in Singapore
After three years of growth, purchases abroad of electronic integrated circuits and microassemblieses decreased by -7% to 1.1B units in 2022. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 16%. As a result, imports attained the peak of 1.1B units, and then shrank in the following year.
In value terms, electronic integrated circuits and microassemblies imports surged to $166.1B in 2022. Overall, imports, however, 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 Singapore (Billion USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Taiwan (Chinese) | 20.1 | 14.6 | 42.7 | 45.8% | |
Malaysia | 15.1 | 11.0 | 14.7 | -1.3% | |
South Korea | 3.5 | 2.3 | 12.8 | 91.2% | |
China | 6.4 | 5.1 | 7.7 | 9.7% | |
Philippines | 4.3 | 2.8 | 5.1 | 8.9% | |
Japan | 1.5 | 1.1 | 2.9 | 39.0% | |
Thailand | 1.2 | 0.8 | 2.8 | 52.8% | |
United States | 2.0 | 1.2 | 1.9 | -2.5% | |
Hong Kong SAR | 3.0 | 1.4 | 0.3 | -68.4% | |
Indonesia | 0.4 | 0.2 | 0.2 | -29.3% | |
Others | 3.1 | 31.2 | 3.2 | 1.6% | |
Total | 60.6 | 71.7 | 94.4 | 24.8% |
Top Suppliers of Electronic Integrated Circuits and Microassemblies to Singapore in 2022:
- Taiwan (Chinese) (13.2B units)
- Malaysia (12.9B units)
- South Korea (9.9B units)
- China (7.2B units)
- Philippines (4.2B units)
- Japan (2.4B units)
- Thailand (2.4B units)
- United States (1.7B units)
- Indonesia (0.7B units)
- Hong Kong SAR (0.3B units)
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