Price for Electronic Integrated Circuits and Microassemblies in Egypt - 2023

Contents:

1. Price for Electronic Integrated Circuits and Microassemblies in Egypt (CIF) - 2022
2. Price for Electronic Integrated Circuits and Microassemblies in Egypt (FOB) - 2022
3. Imports of Electronic Integrated Circuits and Microassemblies in Egypt
4. Exports of Electronic Integrated Circuits and Microassemblies in Egypt

Price for Electronic Integrated Circuits and Microassemblies in Egypt (CIF) - 2022

In 2022, the average import price for electronic integrated circuits and microassemblieses amounted to $233 per unit, reducing by -23.1% against the previous year. Overall, the import price faced a abrupt descent. The pace of growth was the most pronounced in 2019 an increase of 24%. Over the period under review, average import prices hit record highs at $1,686 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($316 per unit), while the price for Vietnam ($104 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-3.5%), while the prices for the other major suppliers experienced a decline.

Price for Electronic Integrated Circuits and Microassemblies in Egypt (FOB) - 2022

The average export price for electronic integrated circuits and microassemblieses stood at $18 per unit in 2022, reducing by -27.5% against the previous year. Over the period under review, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2017 when the average export price increased by 30% against the previous year. The export price peaked at $107 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Turkey ($18 per unit) and Slovakia ($18 per unit), while the average price for exports to Tanzania ($17 per unit) and China ($18 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+35.6%), while the prices for the other major destinations experienced a decline.

Imports of Electronic Integrated Circuits and Microassemblies in Egypt

In 2022, the amount of electronic integrated circuits and microassemblieses imported into Egypt skyrocketed to 519K units, with an increase of 165% on the previous year. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 618% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, electronic integrated circuits and microassemblies imports skyrocketed to $121M in 2022. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 453% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Electronic Integrated Circuits and Microassemblies to Egypt in 2022:

1. United Arab Emirates (undefinedK units)
2. South Korea (116.8K units)
3. Taiwan (Chinese) (116.6K units)
4. Indonesia (101.9K units)
5. Vietnam (83.4K units)
6. China (59.7K units)
7. Philippines (12.3K units)

Exports of Electronic Integrated Circuits and Microassemblies in Egypt

For the fourth year in a row, Egypt recorded growth in shipments abroad of electronic integrated circuits and microassemblieses, which increased by 44% to 807K units in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.1% 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 +77.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electronic integrated circuits and microassemblies exports reached $15M in 2022. Over the period under review, exports, however, saw a abrupt decrease. Over the period under review, the exports hit record highs at $17M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Electronic Integrated Circuits and Microassemblies from Egypt in 2022:

1. Turkey (539.4K units)
2. Slovakia (134.6K units)
3. Libya (27.4K units)
4. Mexico (23.1K units)
5. Saudi Arabia (22.8K units)
6. China (18.6K units)
7. Tanzania (16.2K units)

Source: IndexBox Market Intelligence Platform