Price for Electronic Integrated Circuits and Microassemblies in South Africa - 2023
Contents:
- Price for Electronic Integrated Circuits and Microassemblies in South Africa (CIF) - 2022
- Price for Electronic Integrated Circuits and Microassemblies in South Africa (FOB) - 2022
- Imports of Electronic Integrated Circuits and Microassemblies in South Africa
- Exports of Electronic Integrated Circuits and Microassemblies in South Africa
Price for Electronic Integrated Circuits and Microassemblies in South Africa (CIF) - 2022
In 2021, the average import price for electronic integrated circuits and microassemblieses amounted to $37 per unit, with a decrease of -53.9% against the previous year. Over the period under review, the import price saw a abrupt slump. The growth pace was the most rapid in 2019 an increase of 48% against the previous year. The import price peaked at $94 per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1.4 per unit), while the price for Hong Kong SAR ($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 Vietnam (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electronic Integrated Circuits and Microassemblies in South Africa (FOB) - 2022
In 2021, the average export price for electronic integrated circuits and microassemblieses amounted to $35 per unit, approximately mirroring the previous year. Over the period under review, the export price, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2019 an increase of 87%. As a result, the export price attained the peak level of $35 per unit. From 2020 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 the United States ($5 per unit), while the average price for exports to Ireland ($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 Bulgaria (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electronic Integrated Circuits and Microassemblies in South Africa
In 2022, approx. 3M units of electronic integrated circuits and microassemblieses were imported into South Africa; which is down by -32.3% against 2021 figures. Over the period under review, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2021 with an increase of 208%. As a result, imports attained the peak of 4.4M units, and then reduced notably in the following year.
In value terms, electronic integrated circuits and microassemblies imports expanded slightly to $166M in 2022. The total import value increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 42%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Electronic Integrated Circuits and Microassemblies in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 14.6 | 9.6 | 49.9 | 84.9% | |
| Taiwan (Chinese) | 1.8 | 3.1 | 24.7 | 270.4% | |
| Malaysia | 1.1 | 1.9 | 19.4 | 320.0% | |
| Thailand | 0.7 | 0.3 | 15.8 | 375.1% | |
| South Korea | 5.4 | 4.0 | 9.8 | 34.7% | |
| Philippines | 5.8 | 3.1 | 8.0 | 17.4% | |
| Vietnam | 0.1 | 0.1 | 6.1 | 681.0% | |
| United States | 11.0 | 9.7 | 5.5 | -29.3% | |
| Germany | 16.1 | 13.1 | 4.3 | -48.3% | |
| Japan | N/A | N/A | 3.8 | 0% | |
| United Kingdom | 9.0 | 3.7 | 1.9 | -54.1% | |
| Hong Kong SAR | 4.0 | 3.0 | 1.6 | -36.8% | |
| Mexico | 0.1 | 0.1 | 0.9 | 200.0% | |
| Others | 64.2 | 62.9 | 11.3 | -58.0% | |
| Total | 134 | 115 | 163 | 10.3% | |
Top Suppliers of Electronic Integrated Circuits and Microassemblies to South Africa in 2022:
- China (35.8M units)
- Taiwan (Chinese) (19.1M units)
- Malaysia (14.9M units)
- Thailand (12.4M units)
- Hong Kong SAR (11.3M units)
- United States (7.7M units)
- South Korea (7.6M units)
- Philippines (6.2M units)
- Germany (5.8M units)
- Vietnam (4.7M units)
- Mexico (3.4M units)
- Japan (3.0M units)
- United Kingdom (2.8M units)
Exports of Electronic Integrated Circuits and Microassemblies in South Africa
In 2022, approx. 634K units of electronic integrated circuits and microassemblieses were exported from South Africa; increasing by 21% against the year before. The total export volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 23%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, electronic integrated circuits and microassemblies exports amounted to $20M in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Over the period under review, the exports hit record highs at $20M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Electronic Integrated Circuits and Microassemblies in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United States | 712 | 1,187 | 1,752 | 56.9% | |
| Germany | 542 | 430 | 604 | 5.6% | |
| Namibia | 646 | 342 | 455 | -16.1% | |
| Botswana | 272 | 236 | 399 | 21.1% | |
| Switzerland | 15.5 | 190 | 382 | 396.4% | |
| Bulgaria | N/A | 733 | 214 | -70.8% | |
| Canada | 118 | 202 | 200 | 30.2% | |
| Kenya | 142 | 41.0 | 194 | 16.9% | |
| Australia | 162 | 336 | 179 | 5.1% | |
| Lesotho | 184 | 119 | 148 | -10.3% | |
| Swaziland | 144 | 71.5 | 60.7 | -35.1% | |
| Ireland | 49.3 | 3.8 | 9.1 | -57.0% | |
| Brazil | 5,046 | N/A | 0.1 | -99.6% | |
| Others | 11,898 | 10,887 | 13,467 | 6.4% | |
| Total | 19,931 | 14,779 | 18,063 | -4.8% | |
Top Export Markets for Electronic Integrated Circuits and Microassemblies from South Africa in 2022:
- Brazil (undefinedK units)
- Botswana (1296.3K units)
- Namibia (706.5K units)
- Swaziland (356.9K units)
- United States (349.4K units)
- Australia (293.7K units)
- Germany (263.3K units)
- Kenya (229.2K units)
- Lesotho (184.7K units)
- Switzerland (132.5K units)
- Bulgaria (91.7K units)
- Ireland (84.9K units)
- Canada (75.1K units)
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