Price for Electronic Integrated Circuits; Memories in New Zealand - 2023

Contents:

  1. Price for Electronic Integrated Circuits; Memories in New Zealand (CIF) - 2023
  2. Price for Electronic Integrated Circuits; Memories in New Zealand (FOB) - 2022
  3. Imports of Electronic Integrated Circuits; Memories in New Zealand
  4. Exports of Electronic Integrated Circuits; Memories in New Zealand

Price for Electronic Integrated Circuits; Memories in New Zealand (CIF) - 2023

In July 2023, the average electronic integrated circuits; memories import price amounted to $5.5 per unit, increasing by 4.5% against the previous month. Over the period under review, the import price, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 175% against the previous month. As a result, import price attained the peak level of $14.8 per unit. From October 2022 to July 2023, the average 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 the United States ($9.9 per unit), while the price for Thailand ($3.4 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Thailand (-1.5%), while the prices for the other major suppliers experienced a decline.

Price for Electronic Integrated Circuits; Memories in New Zealand (FOB) - 2022

In 2022, the average electronic integrated circuits; memories export price amounted to $15 per unit, growing by 10% against the previous year. Over the period under review, the export price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2017 an increase of 55% against the previous year. The export price peaked at $23 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($60 per unit), while the average price for exports to Ireland ($5.3 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 the UK (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Integrated Circuits; Memories in New Zealand

In 2022, supplies from abroad of electronic integrated circuits decreased by -13.3% to 1.7M units, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 65%. As a result, imports reached the peak of 2.2M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, electronic integrated circuits; memories imports expanded modestly to $6.1M in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 48%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Import of Electronic Integrated Circuits; Memories in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)1,3872,1323,9573,82540.2%
China5164895261,00024.7%
Thailand285533458262-2.8%
Malaysia85.787.321918028.1%
Philippines90.496.516917624.9%
United Kingdom17.519.81.275.762.9%
Singapore47.960.390.872.514.8%
United States26514995.439.1-47.2%
Others4144053524351.7%
Total3,1093,9715,8686,06625.0%

Top Suppliers of Electronic Integrated Circuits; Memories to New Zealand in 2022:

  1. China (665.8K units)
  2. Thailand (411.3K units)
  3. Taiwan (Chinese) (380.2K units)
  4. Malaysia (51.4K units)
  5. Philippines (46.5K units)
  6. Singapore (40.5K units)
  7. United Kingdom (30.3K units)
  8. United States (7.0K units)

Exports of Electronic Integrated Circuits; Memories in New Zealand

Electronic integrated circuits; memories exports from New Zealand surged to 31K units in 2022, with an increase of 216% against the year before. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electronic integrated circuits; memories exports surged to $463K in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Electronic Integrated Circuits; Memories in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia29.431.362.319688.2%
United States5.313.110.3163213.3%
United KingdomN/A2.90.145.3295.2%
Japan0.1N/AN/A6.3297.9%
IrelandN/AN/AN/A5.30%
Hong Kong SAR4.25.020.44.1-0.8%
Others65.620.640.343.4-12.9%
Total10573.013346364.0%

Top Export Markets for Electronic Integrated Circuits; Memories from New Zealand in 2022:

  1. Australia (21.9K units)
  2. United States (4.4K units)
  3. Japan (1.2K units)
  4. Ireland (1.0K units)
  5. United Kingdom (0.8K units)
  6. Hong Kong SAR (0.7K units)

Source: IndexBox Market Intelligence Platform

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