Price for Electronic Integrated Circuits; Memories in Lithuania - 2023
Contents:
- Price for Electronic Integrated Circuits; Memories in Lithuania (CIF) - 2022
- Price for Electronic Integrated Circuits; Memories in Lithuania (FOB) - 2022
- Imports of Electronic Integrated Circuits; Memories in Lithuania
- Exports of Electronic Integrated Circuits; Memories in Lithuania
Price for Electronic Integrated Circuits; Memories in Lithuania (CIF) - 2022
The average electronic integrated circuits; memories import price stood at $4 per unit in 2022, dropping by -31.7% against the previous year. Overall, the import price, however, enjoyed buoyant growth. The growth pace was the most rapid in 2020 when the average import price increased by 84%. Over the period under review, average import prices reached the maximum at $5.9 per unit in 2021, and then shrank significantly in the following year.
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 Latvia ($42 per unit), while the price for the UK ($1.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+35.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electronic Integrated Circuits; Memories in Lithuania (FOB) - 2022
In 2022, the average electronic integrated circuits; memories export price amounted to $2.5 per unit, dropping by -67.4% against the previous year. In general, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 579% against the previous year. As a result, the export price reached the peak level of $45 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 Russia ($11 per unit), while the average price for exports to Malaysia ($0.4 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 China (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electronic Integrated Circuits; Memories in Lithuania
Electronic integrated circuits; memories imports into Lithuania surged to 6.3M units in 2022, with an increase of 20% on the previous year. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +6.5% 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 +98.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, electronic integrated circuits; memories imports contracted markedly to $25M in 2022. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 146% against the previous year. As a result, imports attained the peak of $31M, and then reduced dramatically in the following year.
| Import of Electronic Integrated Circuits; Memories in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.4 | 1.7 | 14.1 | 9.2 | 87.3% |
| Poland | 0.1 | N/A | 2.2 | 4.1 | 244.8% |
| Germany | 0.8 | 1.0 | 2.8 | 3.5 | 63.6% |
| Sweden | 0.2 | 0.1 | 1.2 | 3.3 | 154.6% |
| Netherlands | 0.2 | 0.5 | 0.8 | 1.5 | 95.7% |
| Belgium | 0.4 | 0.6 | 1.4 | 1.2 | 44.2% |
| Taiwan (Chinese) | 0.8 | 0.2 | 1.3 | 0.7 | -4.4% |
| France | 4.0 | 6.0 | 4.0 | 0.2 | -63.2% |
| Estonia | 0.8 | 0.1 | 0.1 | 0.1 | -50.0% |
| Hong Kong SAR | 0.9 | 0.4 | 1.6 | N/A | 33.3% |
| United Kingdom | 0.7 | 0.7 | N/A | N/A | 0.0% |
| Others | 0.8 | 1.2 | 1.2 | 1.2 | 14.5% |
| Total | 11.1 | 12.4 | 30.6 | 25.0 | 31.1% |
Top Suppliers of Electronic Integrated Circuits; Memories to Lithuania in 2022:
- China (1892.1K units)
- Germany (1514.0K units)
- Sweden (1064.6K units)
- Poland (1000.8K units)
- Belgium (355.0K units)
- Netherlands (148.7K units)
- Taiwan (Chinese) (114.2K units)
- Estonia (37.1K units)
- France (37.0K units)
- United Kingdom (12.6K units)
- Hong Kong SAR (3.4K units)
Exports of Electronic Integrated Circuits; Memories in Lithuania
In 2022, shipments abroad of electronic integrated circuits decreased by -48.1% to 300K units, falling for the second year in a row after two years of growth. Overall, exports saw a precipitous slump. The pace of growth was the most pronounced in 2020 when exports increased by 12% against the previous year. As a result, the exports reached the peak of 1.1M units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, electronic integrated circuits; memories exports plummeted to $740K in 2022. In general, exports recorded a sharp slump. The pace of growth appeared the most rapid in 2020 when exports increased by 39%. As a result, the exports reached the peak of $6.6M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Electronic Integrated Circuits; Memories in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 110 | 41.5 | 44.3 | 123 | 3.8% |
| Poland | 87.3 | 30.2 | 19.3 | 105 | 6.3% |
| Malaysia | N/A | N/A | 1.3 | 75.6 | 5715.4% |
| Russia | 4,227 | 6,206 | 4,082 | 70.9 | -74.4% |
| United States | 0.1 | 0.1 | N/A | 44.6 | 664.0% |
| Estonia | 34.5 | 20.4 | 16.5 | 38.8 | 4.0% |
| China | N/A | N/A | 3.0 | 18.5 | 516.7% |
| Others | 249 | 259 | 214 | 264 | 2.0% |
| Total | 4,708 | 6,557 | 4,380 | 740 | -46.0% |
Top Export Markets for Electronic Integrated Circuits; Memories from Lithuania in 2022:
- Malaysia (201.8K units)
- Latvia (41.2K units)
- Poland (17.3K units)
- Estonia (13.4K units)
- United States (7.0K units)
- Russia (6.2K units)
- China (5.2K units)
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