Price for Electronic Integrated Circuits; Memories in Azerbaijan - 2023
Contents:
- Price for Electronic Integrated Circuits; Memories in Azerbaijan (CIF) - 2022
- Price for Electronic Integrated Circuits; Memories in Azerbaijan (FOB) - 2022
- Imports of Electronic Integrated Circuits; Memories in Azerbaijan
- Exports of Electronic Integrated Circuits; Memories in Azerbaijan
Price for Electronic Integrated Circuits; Memories in Azerbaijan (CIF) - 2022
The average electronic integrated circuits; memories import price stood at $25 per unit in 2022, picking up by 62% against the previous year. Overall, the import price, however, showed a mild decline. The most prominent rate of growth was recorded in 2021 an increase of 213% against the previous year. The import price peaked at $59 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($159 per unit), while the price for China ($7.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electronic Integrated Circuits; Memories in Azerbaijan (FOB) - 2022
The average electronic integrated circuits; memories export price stood at $18 per unit in 2022, picking up by 28% against the previous year. In general, the export price saw a noticeable expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 2,339% against the previous year. The export price peaked at $51 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for Georgia amounted to +0.3% per year.
Imports of Electronic Integrated Circuits; Memories in Azerbaijan
Electronic integrated circuits; memories imports into Azerbaijan soared to 18K units in 2022, jumping by 163% against 2021. In general, imports, however, showed a pronounced setback. Over the period under review, imports reached the peak figure at 24K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, electronic integrated circuits; memories imports skyrocketed to $457K in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electronic Integrated Circuits; Memories in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.8 | 0.8 | 1.7 | 182 | 365.9% |
| China | 20.5 | 9.1 | 19.2 | 109 | 74.5% |
| United States | 4.4 | 1.9 | 1.5 | 47.6 | 121.2% |
| France | 8.7 | 2.1 | 0.3 | 22.8 | 37.9% |
| Georgia | 14.7 | 3.5 | 7.6 | N/A | -28.1% |
| Others | 44.9 | 98.9 | 76.7 | 95.1 | 28.4% |
| Total | 95.0 | 116 | 107 | 457 | 68.8% |
Top Suppliers of Electronic Integrated Circuits; Memories to Azerbaijan in 2022:
- China (14.5K units)
- Germany (1.1K units)
- United States (0.9K units)
- France (0.4K units)
Exports of Electronic Integrated Circuits; Memories in Azerbaijan
For the third year in a row, Azerbaijan recorded decline in shipments abroad of electronic integrated circuits, which decreased by -75% to 4 units in 2022. In general, exports faced a precipitous contraction. The smallest decline of -15.8% was in 2021. Over the period under review, the exports attained the maximum at 70 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, electronic integrated circuits; memories exports shrank significantly to $72 in 2022. Overall, exports recorded a precipitous shrinkage. The smallest decline of -40.5% was in 2021. The exports peaked at $3.6K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Electronic Integrated Circuits; Memories in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 24.0 | 6.0 | 1.0 | 68.0 | 41.5% |
| Japan | N/A | N/A | 157 | N/A | 0% |
| France | 525 | 116 | 21.0 | N/A | -80.0% |
| Georgia | 479 | 65.0 | 20.0 | N/A | -79.6% |
| Turkey | 518 | 105 | 22.0 | N/A | -79.4% |
| Others | 2,026 | 88.0 | 5.0 | 4.0 | -87.5% |
| Total | 3,572 | 380 | 226 | 72.0 | -72.8% |
Top Export Markets for Electronic Integrated Circuits; Memories from Azerbaijan in 2022:
- United Kingdom (4.0 units)
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