Price for Electronic Integrated Circuits; Memories in Belarus - 2022

Contents:

  1. Price for Electronic Integrated Circuits; Memories in Belarus (CIF) - 2022
  2. Price for Electronic Integrated Circuits; Memories in Belarus (FOB) - 2022
  3. Imports of Electronic Integrated Circuits; Memories in Belarus
  4. Exports of Electronic Integrated Circuits; Memories in Belarus

Price for Electronic Integrated Circuits; Memories in Belarus (CIF) - 2022

The average electronic integrated circuits; memories import price stood at $0.9 per unit in 2022, with a decrease of -13% against the previous year. Over the period under review, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2014 an increase of 166% against the previous year. The import price peaked at $3.2 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Russia ($5.4 per unit), while the price for the United States ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electronic Integrated Circuits; Memories in Belarus (FOB) - 2022

In 2022, the average electronic integrated circuits; memories export price amounted to $0.2 per unit, reducing by -43.2% against the previous year. In general, the export price faced a sharp downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 67%. Over the period under review, the average export prices reached the peak figure at $27 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -38.4% per year.

Imports of Electronic Integrated Circuits; Memories in Belarus

In 2022, supplies from abroad of electronic integrated circuits decreased by -17.3% to 4.2M units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 71% against the previous year. Over the period under review, imports attained the maximum at 5.1M units in 2021, and then contracted notably in the following year.

In value terms, electronic integrated circuits; memories imports shrank significantly to $3.6M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 62% against the previous year. As a result, imports attained the peak of $5.1M, and then declined significantly in the following year.

Import of Electronic Integrated Circuits; Memories in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6771,0423,2182,10846.0%
Russia1,573679753646-25.7%
Taiwan (Chinese)4418647074631.6%
United States50835278.9202-26.5%
Thailand99.555.380.252.5-19.2%
Others255137217167-13.2%
Total3,5533,1295,0553,6380.8%

Top Suppliers of Electronic Integrated Circuits; Memories to Belarus in 2022:

  1. China (3452.1K units)
  2. United States (339.5K units)
  3. Taiwan (Chinese) (243.4K units)
  4. Russia (120.6K units)
  5. Thailand (40.5K units)

Exports of Electronic Integrated Circuits; Memories in Belarus

In 2022, after three years of growth, there was significant decline in overseas shipments of electronic integrated circuits, when their volume decreased by -49.4% to 1.4M units. In general, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 103% against the previous year. As a result, the exports attained the peak of 2.8M units, and then contracted markedly in the following year.

In value terms, electronic integrated circuits; memories exports contracted markedly to $300K in 2022. Over the period under review, exports saw a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. As a result, the exports attained the peak of $1M, and then contracted rapidly in the following year.

Export of Electronic Integrated Circuits; Memories in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia6586791,040300-23.0%
Others4.46.46.1N/A17.7%
Total6626851,046300-23.2%

Top Export Markets for Electronic Integrated Circuits; Memories from Belarus in 2022:

  1. Russia (1.4M units)

Source: IndexBox Market Intelligence Platform

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