Price for Electronic Integrated Circuits; Memories in Indonesia - 2022

Contents:

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

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

The average electronic integrated circuits; memories import price stood at $8.7 per unit in 2022, dropping by -2.5% against the previous year. Overall, the import price, however, posted a moderate increase. The most prominent rate of growth was recorded in 2013 an increase of 76% against the previous year. As a result, import price reached the peak level of $10 per unit. From 2014 to 2022, the average import prices remained at a 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 Taiwan (Chinese) ($19 per unit), while the price for Thailand ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+20.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average electronic integrated circuits; memories export price stood at $5.1 per unit in 2022, reducing by -30.6% against the previous year. In general, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 15%. As a result, the export price reached the peak level of $15 per unit. From 2014 to 2022, 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 Vietnam ($17 per unit), while the average price for exports to Hong Kong SAR ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Integrated Circuits; Memories in Indonesia

In 2022, the amount of electronic integrated circuits imported into Indonesia skyrocketed to 52M units, increasing by 35% against the year before. Overall, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 72% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, electronic integrated circuits; memories imports skyrocketed to $456M in 2022. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 111% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Electronic Integrated Circuits; Memories in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea96.812723524235.7%
Hong Kong SAR0.30.10.272.4522.6%
China15.415.954.662.159.2%
Taiwan (Chinese)12.96.939.240.446.3%
Japan5.92.70.117.944.8%
Singapore5.10.72.32.8-18.1%
Others4.711.115.617.855.9%
Total14116434745647.9%

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

  1. China (16.2M units)
  2. Japan (12.9M units)
  3. South Korea (12.9M units)
  4. Hong Kong SAR (5.9M units)
  5. Taiwan (Chinese) (2.2M units)
  6. Singapore (0.8M units)

Exports of Electronic Integrated Circuits; Memories in Indonesia

For the fourth consecutive year, Indonesia recorded growth in shipments abroad of electronic integrated circuits, which increased by 68% to 4.5M units in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,301%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, electronic integrated circuits; memories exports skyrocketed to $23M in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,038% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Electronic Integrated Circuits; Memories in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/A0.42.012.2452.3%
VietnamN/A2.810.34.425.4%
Hong Kong SARN/A0.10.10.7164.6%
EgyptN/A0.11.30.6144.9%
SingaporeN/A0.10.90.4100.0%
United KingdomN/AN/A0.10.10.0%
Others0.42.45.14.6125.7%
Total0.55.819.723.0258.3%

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

  1. Japan (3152.6K units)
  2. Hong Kong SAR (599.9K units)
  3. Vietnam (264.1K units)
  4. Egypt (114.8K units)
  5. Singapore (81.3K units)
  6. United Kingdom (27.3K units)

Source: IndexBox Market Intelligence Platform

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