Price for Electronic Integrated Circuits and Microassemblies in Ethiopia - 2022

Contents:

  1. Price for Electronic Integrated Circuits and Microassemblies in Ethiopia (CIF) - 2022
  2. Price for Electronic Integrated Circuits and Microassemblies in Ethiopia (FOB) - 2022
  3. Imports of Electronic Integrated Circuits and Microassemblies in Ethiopia
  4. Exports of Electronic Integrated Circuits and Microassemblies in Ethiopia

Price for Electronic Integrated Circuits and Microassemblies in Ethiopia (CIF) - 2022

In 2022, the average import price for electronic integrated circuits and microassemblieses amounted to $146 per unit, which is down by -8.1% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 165% against the previous year. As a result, import price attained the peak level of $295 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($183 per unit), while the price for Canada ($68 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electronic Integrated Circuits and Microassemblies in Ethiopia (FOB) - 2022

In 2022, the average export price for electronic integrated circuits and microassemblieses amounted to $22 per unit, shrinking by -79.5% against the previous year. Over the period under review, the export price, however, continues to indicate tangible growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 384%. As a result, the export price attained the peak level of $268 per unit. From 2016 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($22 per unit), while the average price for exports to Switzerland amounted to $17 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+23.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electronic Integrated Circuits and Microassemblies in Ethiopia

In 2022, overseas purchases of electronic integrated circuits and microassemblieses decreased by -59.4% to 3.8K units, falling for the second year in a row after two years of growth. Overall, imports saw a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 173%. As a result, imports attained the peak of 18K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, electronic integrated circuits and microassemblies imports reduced dramatically to $557K in 2022. In general, imports showed a dramatic decline. The pace of growth appeared the most rapid in 2020 when imports increased by 52%. As a result, imports reached the peak of $2.3M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Electronic Integrated Circuits and Microassemblies in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China78.116051433262.0%
United States46.51,25648.139.9-5.0%
France9.913.689.827.039.7%
RomaniaN/AN/A1.421.41428.6%
Germany18.095.019220.64.6%
Bulgaria1.23.32.719.5153.3%
Switzerland1.342.10.418.2141.0%
United Arab Emirates1,18558396.117.2-75.6%
FinlandN/AN/A1.012.11110.0%
Italy54.120.71819.2-44.6%
Canada54.2N/A8.78.5-46.1%
Japan7.610.581.5N/A227.5%
Others31.878.127831.1-0.7%
Total1,4882,2631,495557-27.9%

Top Suppliers of Electronic Integrated Circuits and Microassemblies to Ethiopia in 2022:

  1. China (2269.0 units)
  2. United States (273.0 units)
  3. France (185.0 units)
  4. Germany (140.0 units)
  5. Switzerland (125.0 units)
  6. Canada (124.0 units)
  7. Romania (121.0 units)
  8. Bulgaria (116.0 units)
  9. United Arab Emirates (105.0 units)
  10. Finland (66.0 units)
  11. Italy (63.0 units)

Exports of Electronic Integrated Circuits and Microassemblies in Ethiopia

In 2022, the amount of electronic integrated circuits and microassemblieses exported from Ethiopia soared to 367 units, rising by 1,648% compared with 2021. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electronic integrated circuits and microassemblies exports surged to $8.1K in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Electronic Integrated Circuits and Microassemblies in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
El SalvadorN/AN/AN/A7.70%
SwitzerlandN/AN/AN/A0.10%
KenyaN/A0.40.2N/A-50.0%
China1.1N/AN/AN/A0%
South AfricaN/AN/A0.4N/A0%
Canada0.3N/AN/AN/A0%
Others0.10.41.70.226.0%
Total1.40.82.28.179.5%

Top Export Markets for Electronic Integrated Circuits and Microassemblies from Ethiopia in 2022:

  1. El Salvador (350.0 units)
  2. Switzerland (6.0 units)

Source: IndexBox Market Intelligence Platform

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