Price for Electronic Integrated Circuits; Memories in Denmark - 2023
Contents:
- Price for Electronic Integrated Circuits; Memories in Denmark (CIF) - 2022
- Price for Electronic Integrated Circuits; Memories in Denmark (FOB) - 2023
- Imports of Electronic Integrated Circuits; Memories in Denmark
- Exports of Electronic Integrated Circuits; Memories in Denmark
Price for Electronic Integrated Circuits; Memories in Denmark (CIF) - 2022
In 2022, the average electronic integrated circuits; memories import price amounted to $1.4 per unit, falling by -25.5% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 27% against the previous year. Over the period under review, average import prices reached the maximum at $1.9 per unit in 2021, and then declined notably 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 Sweden ($3.5 per unit), while the price for Germany ($0.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electronic Integrated Circuits; Memories in Denmark (FOB) - 2023
The average electronic integrated circuits; memories export price stood at $223 per thousand units in June 2023, with an increase of 29% against the previous month. Overall, the export price, however, recorded a pronounced shrinkage. The growth pace was the most rapid in August 2022 when the average export price increased by 40% m-o-m. As a result, the export price reached the peak level of $0.3 per unit. From September 2022 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Norway ($534 per thousand units), while the average price for exports to Spain ($93.0 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electronic Integrated Circuits; Memories in Denmark
Electronic integrated circuits; memories imports into Denmark soared to 24M units in 2022, growing by 55% against 2021 figures. In general, imports enjoyed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, electronic integrated circuits; memories imports surged to $34M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% 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 +92.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 66% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Electronic Integrated Circuits; Memories in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.0 | 4.2 | 7.6 | 8.8 | 13.6% |
| Netherlands | 6.9 | 4.7 | 6.3 | 6.9 | 0.0% |
| China | 0.6 | 0.6 | 2.4 | 2.6 | 63.0% |
| Belgium | 1.4 | 1.3 | 1.5 | 2.3 | 18.0% |
| Sweden | 3.5 | 1.2 | 1.1 | 2.1 | -15.7% |
| Ireland | 1.1 | 1.0 | 2.8 | 2.1 | 24.1% |
| United Kingdom | 2.1 | 1.9 | 0.4 | 1.2 | -17.0% |
| France | 0.1 | 0.1 | 0.2 | 0.8 | 100.0% |
| United States | 0.5 | 0.7 | 1.1 | 0.7 | 11.9% |
| Taiwan (Chinese) | 0.4 | 0.6 | 1.0 | 0.7 | 20.5% |
| Others | 2.3 | 1.3 | 4.7 | 5.6 | 34.5% |
| Total | 24.8 | 17.6 | 29.2 | 33.8 | 10.9% |
Top Suppliers of Electronic Integrated Circuits; Memories to Denmark in 2022:
- Germany (9.3M units)
- Netherlands (5.1M units)
- Ireland (1.7M units)
- China (1.5M units)
- Belgium (1.3M units)
- United Kingdom (0.8M units)
- Sweden (0.6M units)
- United States (0.5M units)
- Taiwan (Chinese) (0.5M units)
- France (0.5M units)
Exports of Electronic Integrated Circuits; Memories in Denmark
In 2022, the amount of electronic integrated circuits exported from Denmark skyrocketed to 1.6M units, jumping by 62% against the previous year. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 122% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, electronic integrated circuits; memories exports soared to $29M in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 58% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Electronic Integrated Circuits; Memories in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,201 | 2,219 | 4,797 | 5,106 | 32.4% |
| Canada | 19.7 | 14.0 | 82.4 | 3,879 | 481.8% |
| United States | 283 | 358 | 542 | 1,797 | 85.2% |
| Sweden | 1,084 | 1,274 | 1,732 | 1,556 | 12.8% |
| Thailand | 443 | 460 | 1,383 | 1,385 | 46.2% |
| United Kingdom | 1,203 | 2,180 | 1,460 | 1,374 | 4.5% |
| Finland | 185 | 241 | 269 | 1,265 | 89.8% |
| Italy | 554 | 452 | 1,431 | 794 | 12.7% |
| Switzerland | 283 | 225 | 382 | 576 | 26.7% |
| Norway | 292 | 340 | 964 | 482 | 18.2% |
| Hungary | 31.5 | 41.9 | 146 | 415 | 136.2% |
| Hong Kong SAR | 105 | 181 | 734 | 323 | 45.4% |
| Morocco | 0.2 | 19.0 | 8.0 | 285 | 1025.3% |
| Others | 2,987 | 4,520 | 5,894 | 9,434 | 46.7% |
| Total | 9,671 | 12,525 | 19,823 | 28,672 | 43.7% |
Top Export Markets for Electronic Integrated Circuits; Memories from Denmark in 2022:
- Thailand (505.6K units)
- Germany (280.2K units)
- United States (172.9K units)
- Canada (145.7K units)
- Sweden (74.0K units)
- United Kingdom (62.4K units)
- Hungary (35.0K units)
- Morocco (29.8K units)
- Switzerland (29.8K units)
- Norway (29.5K units)
- Finland (27.0K units)
- Italy (25.2K units)
- Hong Kong SAR (24.8K units)
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