Price for Electronic Integrated Circuits; Memories in Saudi Arabia - 2021
Contents:
- Price for Electronic Integrated Circuits; Memories in Saudi Arabia (FOB) - 2022
- Exports of Electronic Integrated Circuits; Memories in Saudi Arabia
Price for Electronic Integrated Circuits; Memories in Saudi Arabia (FOB) - 2022
The average electronic integrated circuits; memories export price stood at $14 per unit in 2022, with an increase of 44% against the previous year. Overall, the export price recorded a remarkable increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 289%. Over the period under review, the average export prices attained the maximum at $24 per unit in 2019; however, from 2020 to 2022, the 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 Japan ($67 per unit), while the average price for exports to France ($11 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 Hong Kong SAR (+25.4%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Electronic Integrated Circuits; Memories in Saudi Arabia
In 2022, the amount of electronic integrated circuits exported from Saudi Arabia soared to 18K units, surging by 360% compared with the previous year. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 7,194% against the previous year. As a result, the exports reached the peak of 32K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, electronic integrated circuits; memories exports soared to $251K in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 4,388%. As a result, the exports reached the peak of $463K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Electronic Integrated Circuits; Memories in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 79.3 | 0% |
| Netherlands | N/A | 4.9 | N/A | 40.5 | 187.5% |
| France | N/A | 93.4 | 13.4 | 3.6 | -80.4% |
| Chile | N/A | N/A | 2.4 | N/A | 0% |
| Germany | 0.1 | 61.5 | N/A | N/A | 61400.0% |
| United Kingdom | N/A | 27.7 | N/A | N/A | 0% |
| Others | 10.2 | 276 | 22.0 | 127 | 131.8% |
| Total | 10.3 | 463 | 37.8 | 251 | 189.9% |
Top Export Markets for Electronic Integrated Circuits; Memories from Saudi Arabia in 2022:
- Netherlands (2.7K units)
- Japan (1.2K units)
- France (0.3K units)
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