Price for Electronic Integrated Circuits; Memories in Turkey - 2023
Contents:
- Price for Electronic Integrated Circuits; Memories in Turkey (CIF) - 2023
- Price for Electronic Integrated Circuits; Memories in Turkey (FOB) - 2022
- Imports of Electronic Integrated Circuits; Memories in Turkey
- Exports of Electronic Integrated Circuits; Memories in Turkey
Price for Electronic Integrated Circuits; Memories in Turkey (CIF) - 2023
The average electronic integrated circuits; memories import price stood at $2.8 per unit in July 2023, with an increase of 14% against the previous month. Overall, the import price, however, showed a slight shrinkage. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 378% month-to-month. The import price peaked at $5.2 per unit in December 2022; however, from January 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was China ($4.4 per unit), while the price for Thailand ($548 per thousand units) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+9.7%), while the prices for the other major suppliers experienced a decline.
Price for Electronic Integrated Circuits; Memories in Turkey (FOB) - 2022
In 2022, the average electronic integrated circuits; memories export price amounted to $5.7 per unit, which is down by -11% against the previous year. In general, the export price, however, showed prominent growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 70% against the previous year. The export price peaked at $6.9 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($16 per unit), while the average price for exports to Egypt ($1.4 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 India (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electronic Integrated Circuits; Memories in Turkey
In 2022, the amount of electronic integrated circuits imported into Turkey reduced sharply to 23M units, waning by -23.8% compared with the year before. Overall, imports recorded a abrupt decrease. The smallest decline of -0.8% was in 2020. Over the period under review, imports hit record highs at 36M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, electronic integrated circuits; memories imports surged to $69M in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 69% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Electronic Integrated Circuits; Memories in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.0 | 4.2 | 11.4 | 26.5 | 49.1% |
| Taiwan (Chinese) | 17.1 | 16.8 | 18.9 | 15.2 | -3.9% |
| South Korea | 2.2 | 4.3 | 14.1 | 11.3 | 72.5% |
| Vietnam | 0.5 | 0.2 | 0.5 | 8.1 | 153.0% |
| United States | 3.7 | 1.3 | 0.5 | 1.6 | -24.4% |
| Thailand | 0.9 | 0.7 | 0.5 | 0.7 | -8.0% |
| Philippines | 1.1 | 0.4 | 0.4 | 0.6 | -18.3% |
| Others | 2.8 | 5.5 | 10.1 | 4.6 | 18.0% |
| Total | 36.4 | 33.4 | 56.3 | 68.7 | 23.6% |
Top Suppliers of Electronic Integrated Circuits; Memories to Turkey in 2022:
- Taiwan (Chinese) (8.8M units)
- China (5.9M units)
- South Korea (3.9M units)
- Thailand (1.0M units)
- Philippines (0.7M units)
- United States (0.6M units)
- Vietnam (0.6M units)
Exports of Electronic Integrated Circuits; Memories in Turkey
In 2022, electronic integrated circuits; memories exports from Turkey skyrocketed to 240K units, growing by 118% against the previous year. Over the period under review, exports, however, continue to indicate a pronounced curtailment. Over the period under review, the exports attained the maximum at 266K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, electronic integrated circuits; memories exports soared to $1.4M in 2022. In general, exports posted buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Electronic Integrated Circuits; Memories in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 205 | 19.8 | 42.1 | 733 | 52.9% |
| Cyprus | 21.5 | 58.1 | 60.5 | 68.5 | 47.1% |
| Egypt | 92.7 | 21.6 | 64.3 | 54.1 | -16.4% |
| India | 45.2 | 12.2 | 1.1 | 27.6 | -15.2% |
| Hong Kong SAR | 244 | 43.9 | 222 | 24.4 | -53.6% |
| Germany | 115 | 88.5 | 14.7 | 12.7 | -52.0% |
| Poland | 42.1 | 15.8 | 16.9 | 6.6 | -46.1% |
| Algeria | 27.9 | 0.7 | 3.1 | N/A | -66.7% |
| Others | 261 | 198 | 281 | 443 | 19.3% |
| Total | 1,054 | 459 | 705 | 1,369 | 9.1% |
Top Export Markets for Electronic Integrated Circuits; Memories from Turkey in 2022:
- Netherlands (169.7K units)
- Egypt (38.1K units)
- Hong Kong SAR (4.9K units)
- Cyprus (4.8K units)
- India (1.8K units)
- Poland (1.4K units)
- Germany (0.8K units)
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This report provides an in-depth analysis of the memories market in Turkey.
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This report provides an in-depth analysis of the global electronic chip market.
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Explore the top import markets for memories worldwide, including China, Hong Kong SAR, Taiwan (Chinese), South Korea, Singapore, Malaysia, Vietnam, Japan, India, and the United States. Learn about key statistics and trends in the memory storage industry.
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Explore the top 10 countries in terms of import value of electronic chips and their significance in the global market. Get key statistics and numbers on the world's best import markets for electronic chips.
1150
Global demand for semiconductor chips continues to outpace supply, mainly driven by increasing procurement from both the consumer electronics sector and automobile sector in 2021, catching major semiconductor foundries TSMC and Samsung off-guard. In response, many major Asian chip manufacturers have hiked their prices by up to 20% this year. While both TSMC and Samsung have pledged to increase production capacity, market players project the chip shortfall to persist until 2022/2023.
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In 2016, approx. X tons of integrated circuit were imported worldwide- increasing by X% against the previous year figure. Overall, integrated circuit imports continue to indicate a relatively fla...
453
Explore the top import markets for memories worldwide, including China, Hong Kong SAR, Taiwan (Chinese), South Korea, Singapore, Malaysia, Vietnam, Japan, India, and the United States. Learn about key statistics and trends in the memory storage industry.
