Price for Electronic Integrated Circuits and Microassemblies in Denmark - 2023
Contents:
- Price for Electronic Integrated Circuits and Microassemblies in Denmark (CIF) - 2022
- Price for Electronic Integrated Circuits and Microassemblies in Denmark (FOB) - 2023
- Imports of Electronic Integrated Circuits and Microassemblies in Denmark
- Exports of Electronic Integrated Circuits and Microassemblies in Denmark
Price for Electronic Integrated Circuits and Microassemblies in Denmark (CIF) - 2022
The average import price for electronic integrated circuits and microassemblieses stood at $20 per unit in 2021, rising by 34% against the previous year. In general, the import price recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 89%. The import price peaked in 2021 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($0.6 per unit), while the price for Poland (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 Italy (+36.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electronic Integrated Circuits and Microassemblies in Denmark (FOB) - 2023
In May 2023, the average export price for electronic integrated circuits and microassemblieses amounted to $7.0 per unit, dropping by -14.3% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 26% m-o-m. The export price peaked at $9.8 per unit in August 2022; however, from September 2022 to May 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In May 2023, the country with the highest price was Norway ($27.4 per unit), while the average price for exports to Hungary ($2.1 per unit) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electronic Integrated Circuits and Microassemblies in Denmark
In 2022, the amount of electronic integrated circuits and microassemblieses imported into Denmark fell modestly to 19M units, leveling off at the previous year's figure. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 1.7%. Imports peaked at 34M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, electronic integrated circuits and microassemblies imports skyrocketed to $544M in 2022. Over the period under review, imports, however, enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electronic Integrated Circuits and Microassemblies in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Germany | 93.1 | 78.0 | 97.0 | 2.1% | |
| Netherlands | 50.8 | 68.4 | 85.5 | 29.7% | |
| China | 9.8 | 12.7 | 37.9 | 96.7% | |
| Sweden | 13.3 | 14.7 | 18.3 | 17.3% | |
| Belgium | 18.3 | 18.5 | 15.3 | -8.6% | |
| Thailand | 9.6 | 4.0 | 10.5 | 4.6% | |
| Ireland | 2.7 | 4.2 | 6.9 | 59.9% | |
| Poland | 3.8 | 3.5 | 4.9 | 13.6% | |
| Hong Kong SAR | 0.3 | 0.7 | 4.9 | 304.1% | |
| United Kingdom | 17.5 | 18.1 | 3.1 | -57.9% | |
| Others | 54.9 | 66.9 | 110 | 41.6% | |
| Total | 274 | 290 | 394 | 19.9% | |
Top Suppliers of Electronic Integrated Circuits and Microassemblies to Denmark in 2022:
- Germany (597.7M units)
- Netherlands (138.9M units)
- Belgium (118.3M units)
- Poland (110.1M units)
- China (104.9M units)
- Thailand (89.0M units)
- Sweden (45.5M units)
- Ireland (28.5M units)
- Hong Kong SAR (23.2M units)
- United Kingdom (19.0M units)
Exports of Electronic Integrated Circuits and Microassemblies in Denmark
In 2022, shipments abroad of electronic integrated circuits and microassemblieses was finally on the rise to reach 51M units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a mild reduction. The exports peaked at 52M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, electronic integrated circuits and microassemblies exports soared to $375M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 27% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Electronic Integrated Circuits and Microassemblies in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| France | 53.9 | 53.9 | 52.7 | -1.1% | |
| Germany | 11.2 | 14.2 | 42.5 | 94.8% | |
| Mexico | 27.5 | 20.6 | 30.2 | 4.8% | |
| Serbia | 23.3 | 24.1 | 29.3 | 12.1% | |
| Hungary | 20.7 | 20.6 | 22.9 | 5.2% | |
| Poland | 47.2 | 33.2 | 22.4 | -31.1% | |
| United States | 13.6 | 15.2 | 17.5 | 13.4% | |
| Thailand | 4.4 | 5.3 | 6.0 | 16.8% | |
| Others | 62.3 | 68.1 | 100 | 26.7% | |
| Total | 264 | 255 | 324 | 10.8% | |
Top Export Markets for Electronic Integrated Circuits and Microassemblies from Denmark in 2022:
- France (1214.1M units)
- Hungary (939.6M units)
- Mexico (349.9M units)
- Serbia (325.7M units)
- Germany (139.7M units)
- Poland (78.4M units)
- United States (71.7M units)
- Thailand (65.2M units)
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