Price for Electronic Integrated Circuits and Microassemblies in Slovakia - 2023

Contents:

  1. Price for Electronic Integrated Circuits and Microassemblies in Slovakia (CIF) - 2023
  2. Price for Electronic Integrated Circuits and Microassemblies in Slovakia (FOB) - 2022
  3. Imports of Electronic Integrated Circuits and Microassemblies in Slovakia
  4. Exports of Electronic Integrated Circuits and Microassemblies in Slovakia

Price for Electronic Integrated Circuits and Microassemblies in Slovakia (CIF) - 2023

In May 2023, the average import price for electronic integrated circuits and microassemblieses amounted to $10.2 per unit, with a decrease of -53.8% against the previous month. Over the period under review, the import price showed a abrupt decline. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 34% against the previous month. The import price peaked at $33.8 per unit in December 2022; however, from January 2023 to May 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was China ($65.3 per unit), while the price for the Netherlands ($3.3 per unit) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by France (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for electronic integrated circuits and microassemblieses stood at $12 per unit in 2021, surging by 66% against the previous year. Over the period under review, the export price enjoyed a prominent increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($1.1 per unit), while the average price for exports to Germany ($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 Russia (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Integrated Circuits and Microassemblies in Slovakia

In 2022, overseas purchases of electronic integrated circuits and microassemblieses were finally on the rise to reach 103M units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a sharp reduction. Imports peaked at 271M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, electronic integrated circuits and microassemblies imports surged to $747M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 39%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Electronic Integrated Circuits and Microassemblies in Slovakia (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Germany12018924944.0%
Netherlands23.568.196.8103.0%
Czech Republic4.242.967.2300.0%
Taiwan (Chinese)70.532.250.1-15.7%
China67.518.029.9-33.4%
South Korea54.810.927.6-29.0%
Poland19.712.621.95.4%
Japan21.84.67.0-43.3%
Italy4.74.25.03.1%
Thailand7.42.33.0-36.3%
Others17179.486.7-28.8%
Total5664646446.7%

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

  1. Germany (2679.6M units)
  2. Netherlands (1894.7M units)
  3. Poland (777.4M units)
  4. China (556.2M units)
  5. Czech Republic (528.7M units)
  6. Taiwan (Chinese) (163.0M units)
  7. Thailand (154.4M units)
  8. South Korea (84.7M units)
  9. Italy (67.3M units)
  10. Japan (53.5M units)

Exports of Electronic Integrated Circuits and Microassemblies in Slovakia

In 2022, overseas shipments of electronic integrated circuits and microassemblieses were finally on the rise to reach 14M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt contraction. The exports peaked at 17M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, electronic integrated circuits and microassemblies exports contracted significantly to $94M in 2022. In general, exports, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2020 with an increase of 13%. The exports peaked at $131M in 2021, and then reduced remarkably in the following year.

Export of Electronic Integrated Circuits and Microassemblies in Slovakia (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Germany30.526.231.82.1%
Netherlands11.612.319.028.0%
Russia2.10.915.1168.2%
Italy5.410.814.262.2%
Poland11.825.411.80.0%
Czech Republic26.615.310.9-36.0%
Hungary3.86.73.3-6.8%
Hong Kong SAR0.61.12.8116.0%
France1.21.00.6-29.3%
Others14.823.021.821.4%
Total10812313110.1%

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

  1. Germany (462.1M units)
  2. Poland (73.5M units)
  3. Italy (70.3M units)
  4. Netherlands (46.5M units)
  5. Czech Republic (28.0M units)
  6. Russia (14.1M units)
  7. Hong Kong SAR (13.0M units)
  8. France (12.9M units)
  9. Hungary (12.0M units)

Source: IndexBox Market Intelligence Platform

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