Price for Electronic Integrated Circuits; Memories in Jordan - 2022

Contents:

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

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

The average electronic integrated circuits; memories import price stood at $12 per unit in 2022, picking up by 151% against the previous year. Overall, the import price saw a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 China ($17 per unit), while the price for South Korea ($7.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average electronic integrated circuits; memories export price amounted to $5.9 per unit, growing by 389% against the previous year. Over the period under review, the export price saw a prominent increase. The export price peaked at $6.4 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to +23.5% per year.

Imports of Electronic Integrated Circuits; Memories in Jordan

In 2022, purchases abroad of electronic integrated circuits decreased by -74.5% to 2.1K units, falling for the second year in a row after two years of growth. Over the period under review, imports saw a sharp reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 58% against the previous year. As a result, imports reached the peak of 15K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, electronic integrated circuits; memories imports fell notably to $25K in 2022. In general, imports showed a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 69% against the previous year. As a result, imports attained the peak of $69K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Electronic Integrated Circuits; Memories in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.47.30.514.9120.0%
United States5.212.40.46.57.7%
South Korea0.20.22.93.5159.6%
Switzerland4.64.61.7N/A-39.2%
Malaysia4.67.24.2N/A-4.4%
Finland0.71.80.4N/A-24.4%
Philippines1.72.51.2N/A-16.0%
United Arab Emirates9.216.315.1N/A28.1%
Singapore0.20.20.1N/A-29.3%
Taiwan (Chinese)3.40.61.5N/A-33.6%
Italy0.85.53.1N/A96.9%
Canada0.91.92.0N/A49.1%
Others8.08.55.8N/A-14.9%
Total40.869.039.024.9-15.2%

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

  1. China (877.0 units)
  2. United States (742.0 units)
  3. South Korea (454.0 units)

Exports of Electronic Integrated Circuits; Memories in Jordan

In 2022, shipments abroad of electronic integrated circuits decreased by -92.5% to 987 units for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a dramatic setback. Over the period under review, the exports hit record highs at 15K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, electronic integrated circuits; memories exports declined markedly to $5.8K in 2022. Over the period under review, exports saw a precipitous decrease. Over the period under review, the exports attained the peak figure at $52K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Electronic Integrated Circuits; Memories in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones2.6N/A1.55.830.7%
Germany3.3N/A3.4N/A1.5%
ChinaN/AN/A1.3N/A0%
Malaysia9.7N/A5.2N/A-26.8%
United States5.3N/A2.1N/A-37.1%
Taiwan (Chinese)25.1N/AN/AN/A0%
Netherlands1.0N/A0.4N/A-36.8%
Others5.0N/A2.0N/A-36.8%
Total52.1N/A15.95.8-51.9%

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

  1. Free Zones (987.0 units)

Source: IndexBox Market Intelligence Platform

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