Price for Electronic Integrated Circuits; Memories in Greece - 2023
Contents:
- Price for Electronic Integrated Circuits; Memories in Greece (CIF) - 2022
- Price for Electronic Integrated Circuits; Memories in Greece (FOB) - 2022
- Imports of Electronic Integrated Circuits; Memories in Greece
- Exports of Electronic Integrated Circuits; Memories in Greece
Price for Electronic Integrated Circuits; Memories in Greece (CIF) - 2022
In 2022, the average electronic integrated circuits; memories import price amounted to $25 per unit, increasing by 6.3% against the previous year. Overall, the import price posted resilient growth. The growth pace was the most rapid in 2021 an increase of 62% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.
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 France ($149 per unit), while the price for Poland ($4.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+45.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electronic Integrated Circuits; Memories in Greece (FOB) - 2022
In 2022, the average electronic integrated circuits; memories export price amounted to $34 per unit, waning by -23.6% against the previous year. In general, the export price, however, showed noticeable growth. The most prominent rate of growth was recorded in 2015 an increase of 112% against the previous year. The export price peaked at $61 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($900 per unit), while the average price for exports to Bulgaria ($28 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 Romania (+43.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electronic Integrated Circuits; Memories in Greece
In 2022, after two years of decline, there was significant growth in purchases abroad of electronic integrated circuits, when their volume increased by 6.3% to 497K units. In general, imports, however, saw a abrupt decrease. Over the period under review, imports reached the peak figure at 624K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, electronic integrated circuits; memories imports reached $12M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 30%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
Import of Electronic Integrated Circuits; Memories in Greece (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cyprus | 304 | 1,091 | 2,408 | 3,028 | 115.2% |
Germany | 1,481 | 1,832 | 3,388 | 2,790 | 23.5% |
Netherlands | 1,965 | 1,976 | 1,717 | 2,221 | 4.2% |
Singapore | 0.1 | 0.1 | 60.1 | 1,629 | 2435.0% |
Slovakia | N/A | 1.0 | 6.0 | 990 | 3046.4% |
Poland | 274 | 414 | 580 | 323 | 5.6% |
Czech Republic | 235 | 340 | 594 | 199 | -5.4% |
Italy | 10.0 | 126 | 61.1 | 69.2 | 90.6% |
United Kingdom | 2,553 | 1,820 | 10.3 | 0.7 | -93.5% |
Others | 1,841 | 699 | 1,978 | 960 | -19.5% |
Total | 8,663 | 8,298 | 10,802 | 12,209 | 12.1% |
Top Suppliers of Electronic Integrated Circuits; Memories to Greece in 2022:
- United Kingdom (undefinedK units)
- Netherlands (125.9K units)
- Cyprus (78.7K units)
- Poland (71.3K units)
- Germany (68.9K units)
- Singapore (61.4K units)
- Slovakia (37.5K units)
- Italy (10.6K units)
- Czech Republic (9.2K units)
Exports of Electronic Integrated Circuits; Memories in Greece
Electronic integrated circuits; memories exports from Greece fell rapidly to 131K units in 2022, with a decrease of -30.8% compared with 2021. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 267%. As a result, the exports attained the peak of 190K units, and then reduced dramatically in the following year.
In value terms, electronic integrated circuits; memories exports reduced notably to $4.5M in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 193% against the previous year. As a result, the exports reached the peak of $8.5M, and then declined rapidly in the following year.
Export of Electronic Integrated Circuits; Memories in Greece (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | 0.8 | 1.3 | 5.0 | 3.6 | 65.1% |
Cyprus | 0.9 | 1.3 | 3.0 | 0.8 | -3.9% |
Poland | 0.1 | N/A | N/A | N/A | 0% |
Netherlands | 0.4 | N/A | N/A | N/A | 0% |
Others | N/A | 0.4 | 0.6 | 0.1 | -50.0% |
Total | 2.2 | 2.9 | 8.5 | 4.5 | 26.9% |
Top Export Markets for Electronic Integrated Circuits; Memories from Greece in 2022:
- Bulgaria (126.6K units)
- Cyprus (3.8K units)
- Poland (0.2K units)
- Netherlands (0.2K units)
This report provides an in-depth analysis of the electronic chip market in Greece.
This report provides an in-depth analysis of the memories market in Greece.
This report provides an in-depth analysis of the global electronic chip market.
Global Multichip Integrated Circuits Market Report 2018. This report provides an in-depth analysis of the global multichip integrated circuits market.
This report provides an in-depth analysis of the global memories market.
This report provides an in-depth analysis of the electronic chip market in Greece.
This report provides an in-depth analysis of the memories market in Greece.
This report provides an in-depth analysis of the global electronic chip market.
Global Multichip Integrated Circuits Market Report 2018. This report provides an in-depth analysis of the global multichip integrated circuits market.
This report provides an in-depth analysis of the global memories market.
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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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