Price for Electronic Integrated Circuits and Microassemblies in Norway - 2023
Contents:
- Price for Electronic Integrated Circuits and Microassemblies in Norway (CIF) - 2022
- Price for Electronic Integrated Circuits and Microassemblies in Norway (FOB) - 2022
- Imports of Electronic Integrated Circuits and Microassemblies in Norway
- Exports of Electronic Integrated Circuits and Microassemblies in Norway
Price for Electronic Integrated Circuits and Microassemblies in Norway (CIF) - 2022
The average import price for electronic integrated circuits and microassemblieses stood at $40 per unit in 2021, with an increase of 56% against the previous year. Overall, the import price posted a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1.8 per unit), while the price for the Netherlands (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electronic Integrated Circuits and Microassemblies in Norway (FOB) - 2022
The average export price for electronic integrated circuits and microassemblieses stood at $20 per unit in 2021, picking up by 15% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 25% against the previous year. The export price peaked at $27 per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($0.9 per unit), while the average price for exports to Russia ($0.1 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electronic Integrated Circuits and Microassemblies in Norway
Electronic integrated circuits and microassemblies imports into Norway skyrocketed to 7.6M units in 2022, jumping by 45% on the previous year. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.9% 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 +59.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, electronic integrated circuits and microassemblies imports skyrocketed to $268M in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Electronic Integrated Circuits and Microassemblies in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Taiwan (Chinese) | 29.5 | 32.8 | 52.8 | 33.8% | |
| Malaysia | 12.9 | 21.9 | 29.8 | 52.0% | |
| China | 19.6 | 16.0 | 25.7 | 14.5% | |
| South Korea | 6.5 | 8.1 | 16.2 | 57.9% | |
| Thailand | 4.1 | 5.7 | 12.6 | 75.3% | |
| Germany | 4.5 | 7.8 | 8.6 | 38.2% | |
| Poland | 4.9 | 4.2 | 6.9 | 18.7% | |
| Sweden | 2.6 | 3.0 | 4.5 | 31.6% | |
| United Kingdom | 3.0 | 2.5 | 4.0 | 15.5% | |
| Denmark | 3.1 | 3.6 | 3.5 | 6.3% | |
| Netherlands | 1.9 | 1.8 | 1.7 | -5.4% | |
| Italy | 0.9 | 1.4 | 1.3 | 20.2% | |
| Spain | 1.1 | 0.3 | 0.7 | -20.2% | |
| Others | 39.1 | 25.4 | 40.3 | 1.5% | |
| Total | 133 | 135 | 209 | 25.4% | |
Top Suppliers of Electronic Integrated Circuits and Microassemblies to Norway in 2022:
- China (58.8M units)
- South Korea (43.1M units)
- Netherlands (37.2M units)
- Taiwan (Chinese) (34.3M units)
- Poland (33.7M units)
- Malaysia (31.3M units)
- United Kingdom (30.4M units)
- Denmark (30.1M units)
- Sweden (22.9M units)
- Germany (19.9M units)
- Thailand (15.0M units)
- Italy (12.2M units)
- Spain (5.2M units)
Exports of Electronic Integrated Circuits and Microassemblies in Norway
In 2022, overseas shipments of electronic integrated circuits and microassemblieses decreased by -24.4% to 2.3M units, falling for the second consecutive year after two years of growth. In general, total exports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +2.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -24.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 42% against the previous year. As a result, the exports attained the peak of 3M units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, electronic integrated circuits and microassemblies exports contracted slightly to $59M in 2022. Over the period under review, exports, however, saw modest growth. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. As a result, the exports attained the peak of $61M, and then shrank modestly in the following year.
| Export of Electronic Integrated Circuits and Microassemblies in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Sweden | 19.7 | 13.7 | 17.8 | -4.9% | |
| United States | 6.3 | 8.7 | 7.6 | 9.8% | |
| Netherlands | 3.8 | 2.6 | 4.9 | 13.6% | |
| Germany | 4.8 | 3.8 | 4.2 | -6.5% | |
| China | 1.9 | 2.2 | 3.7 | 39.5% | |
| Thailand | 0.1 | 0.5 | 3.3 | 474.5% | |
| United Kingdom | 5.1 | 2.4 | 3.0 | -23.3% | |
| Poland | 2.1 | 1.5 | 2.4 | 6.9% | |
| Romania | 0.9 | 0.9 | 1.1 | 10.6% | |
| Turkey | 0.4 | 0.4 | 0.9 | 50.0% | |
| Slovakia | 1.3 | 0.3 | 0.5 | -38.0% | |
| Russia | 0.7 | 0.8 | 0.4 | -24.4% | |
| Hungary | 0.8 | 0.3 | 0.3 | -38.8% | |
| Others | 10.0 | 15.0 | 10.7 | 3.4% | |
| Total | 57.8 | 53.1 | 60.8 | 2.6% | |
Top Export Markets for Electronic Integrated Circuits and Microassemblies from Norway in 2022:
- Sweden (121.0M units)
- Poland (12.9M units)
- Germany (11.6M units)
- Thailand (8.5M units)
- United States (8.4M units)
- Netherlands (7.1M units)
- China (6.8M units)
- Russia (6.7M units)
- Romania (5.2M units)
- United Kingdom (5.0M units)
- Hungary (4.5M units)
- Turkey (4.4M units)
- Slovakia (3.0M units)
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