Price for Electronic Integrated Circuits and Microassemblies in Estonia - 2023
Contents:
- Price for Electronic Integrated Circuits and Microassemblies in Estonia (CIF) - 2022
- Price for Electronic Integrated Circuits and Microassemblies in Estonia (FOB) - 2022
- Imports of Electronic Integrated Circuits and Microassemblies in Estonia
- Exports of Electronic Integrated Circuits and Microassemblies in Estonia
Price for Electronic Integrated Circuits and Microassemblies in Estonia (CIF) - 2022
The average import price for electronic integrated circuits and microassemblieses stood at $90 per unit in 2022, dropping by -7.2% against the previous year. In general, the import price saw a sharp setback. The pace of growth appeared the most rapid in 2019 an increase of 23% against the previous year. 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 remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($369 per unit), while the price for Germany ($37 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-14.1%), while the prices for the other major suppliers experienced a decline.
Price for Electronic Integrated Circuits and Microassemblies in Estonia (FOB) - 2022
The average export price for electronic integrated circuits and microassemblieses stood at $27 per unit in 2022, waning by -39.5% against the previous year. In general, the export price continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 when the average export price increased by 22%. The export price peaked at $48 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($550 per unit), while the average price for exports to Finland ($14 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 Russia (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electronic Integrated Circuits and Microassemblies in Estonia
In 2022, imports of electronic integrated circuits and microassemblieses into Estonia surged to 2.7M units, jumping by 39% compared with the previous year's figure. Over the period under review, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 45% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, electronic integrated circuits and microassemblies imports soared to $243M in 2022. In general, imports, however, showed a noticeable downturn. Over the period under review, imports reached the maximum at $272M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Electronic Integrated Circuits and Microassemblies in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 4.4 | 29.2 | 35.3 | 78.8 | 161.6% |
| Sweden | 106 | 32.8 | 34.3 | 35.8 | -30.4% |
| Germany | 7.8 | 24.7 | 27.8 | 28.5 | 54.0% |
| Belgium | 0.9 | 4.3 | 10.3 | 15.4 | 157.7% |
| Others | 152 | 74.9 | 80.9 | 84.1 | -17.9% |
| Total | 272 | 166 | 189 | 243 | -3.7% |
Top Suppliers of Electronic Integrated Circuits and Microassemblies to Estonia in 2022:
- Netherlands (946.3K units)
- Germany (762.1K units)
- Sweden (563.1K units)
- Belgium (145.8K units)
Exports of Electronic Integrated Circuits and Microassemblies in Estonia
In 2022, electronic integrated circuits and microassemblies exports from Estonia soared to 2.1M units, jumping by 125% against the previous year. Overall, exports recorded a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, electronic integrated circuits and microassemblies exports skyrocketed to $57M in 2022. In general, exports, however, recorded a pronounced descent. Over the period under review, the exports attained the peak figure at $64M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electronic Integrated Circuits and Microassemblies in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 14.1 | 6.2 | 10.2 | 19.1 | 10.6% |
| Russia | 24.9 | 11.6 | 14.7 | 8.3 | -30.7% |
| Sweden | 4.2 | 4.0 | 2.0 | 5.2 | 7.4% |
| Germany | 1.5 | 1.7 | 1.8 | 3.2 | 28.7% |
| China | 2.9 | 21.1 | 2.5 | 2.4 | -6.1% |
| Poland | 1.0 | 0.5 | 0.6 | 2.0 | 26.0% |
| United States | 1.9 | 3.3 | 2.3 | 1.7 | -3.6% |
| Lithuania | 0.5 | 0.6 | 0.2 | 0.8 | 17.0% |
| Switzerland | 3.4 | 4.6 | 0.1 | N/A | -82.9% |
| Others | 9.5 | 6.7 | 7.2 | 13.9 | 13.5% |
| Total | 63.9 | 60.3 | 41.6 | 56.7 | -3.9% |
Top Export Markets for Electronic Integrated Circuits and Microassemblies from Estonia in 2022:
- Finland (1389.9K units)
- Sweden (270.7K units)
- China (59.5K units)
- Germany (56.4K units)
- United States (48.4K units)
- Lithuania (44.3K units)
- Poland (33.9K units)
- Russia (15.1K units)
- Switzerland (0.1K units)
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