Price for Electronic Integrated Circuits and Microassemblies in Sweden - 2023

Contents:

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

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

In May 2023, the average import price for electronic integrated circuits and microassemblieses amounted to $68.3 per unit, with a decrease of -5.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in April 2023 an increase of 23% month-to-month. As a result, import price attained the peak level of $72.1 per unit, and then contracted in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($410 per unit), while the price for Belgium ($17.6 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 (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2021, the average export price for electronic integrated circuits and microassemblieses amounted to $44 per unit, with an increase of 23% against the previous year. Overall, the export price, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 86%. The export price peaked at $71 per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was China ($2.5 per unit), while the average price for exports to Belgium ($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 Finland (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Integrated Circuits and Microassemblies in Sweden

In 2022, electronic integrated circuits and microassemblies imports into Sweden fell rapidly to 24M units, with a decrease of -19.3% compared with the year before. Over the period under review, total imports indicated a modest increase 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, imports increased by +31.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 63% against the previous year. As a result, imports attained the peak of 30M units, and then declined notably in the following year.

In value terms, electronic integrated circuits and microassemblies imports skyrocketed to $1.2B in 2022. In general, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 66%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Germany (864.0M units)
2. China (441.0M units)
3. Belgium (338.0M units)
4. Netherlands (275.3M units)
5. Poland (69.3M units)
6. Hong Kong SAR (45.9M units)
7. United States (43.2M units)
8. Malaysia (41.3M units)
9. South Korea (35.0M units)
10. Taiwan (Chinese) (30.7M units)
11. Ireland (28.7M units)
12. United Kingdom (10.1M units)
13. Norway (10.0M units)

Exports of Electronic Integrated Circuits and Microassemblies in Sweden

In 2022, exports of electronic integrated circuits and microassemblieses from Sweden contracted to 7.5M units, with a decrease of -14.6% compared with the previous year's figure. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. As a result, the exports reached the peak of 8.8M units, and then shrank in the following year.

In value terms, electronic integrated circuits and microassemblies exports skyrocketed to $509M in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 74% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

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

1. Hong Kong SAR (147.9M units)
2. Norway (118.1M units)
3. Germany (105.4M units)
4. Estonia (84.3M units)
5. United States (53.3M units)
6. Netherlands (42.9M units)
7. Poland (29.6M units)
8. Italy (25.1M units)
9. Belgium (24.2M units)
10. China (24.0M units)
11. Denmark (12.1M units)
12. Finland (11.0M units)

Source: IndexBox Market Intelligence Platform