Price for Electronic Integrated Circuits and Microassemblies in Indonesia - 2022

Contents:

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

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

The average import price for electronic integrated circuits and microassemblieses stood at $21 per unit in 2021, surging by 35% against the previous year. Over the period under review, the import price recorded a buoyant increase. The pace of growth appeared the most rapid in 2020 an increase of 37%. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($1.2 per unit), while the price for Japan ($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 Taiwan (Chinese) (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2021, the average export price for electronic integrated circuits and microassemblieses amounted to $11 per unit, which is down by -7.4% against the previous year. Overall, the export price saw a perceptible slump. The pace of growth was the most pronounced in 2014 when the average export price increased by 16% against the previous year. Over the period under review, the average export prices reached the maximum at $19 per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Vietnam ($0.4 per unit), while the average price for exports to India (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 recorded for supplies to Vietnam (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Integrated Circuits and Microassemblies in Indonesia

Electronic integrated circuits and microassemblies imports into Indonesia contracted to 129M units in 2022, waning by -7.9% against 2021 figures. Over the period under review, imports saw a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. Imports peaked at 156M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, electronic integrated circuits and microassemblies imports surged to $4.3B in 2022. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 60%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. Japan (2.6B units)
2. China (2.3B units)
3. Singapore (1.6B units)
4. South Korea (1.5B units)
5. Philippines (1.4B units)
6. Thailand (0.7B units)
7. Taiwan (Chinese) (0.5B units)

Exports of Electronic Integrated Circuits and Microassemblies in Indonesia

In 2022, after three years of growth, there was significant decline in shipments abroad of electronic integrated circuits and microassemblieses, when their volume decreased by -16.3% to 29M units. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +8.5% 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 +27.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 48%. As a result, the exports reached the peak of 34M units, and then shrank rapidly in the following year.

In value terms, electronic integrated circuits and microassemblies exports soared to $485M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 38%. The exports peaked in 2022 and are expected to retain growth in years to come.

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

1. Singapore (995.0M units)
2. India (350.3M units)
3. United States (141.7M units)
4. Russia (133.0M units)
5. Mexico (80.8M units)
6. Germany (70.3M units)
7. Brazil (56.1M units)
8. Turkey (55.1M units)
9. China (45.5M units)
10. Argentina (40.8M units)
11. Vietnam (38.5M units)
12. Malaysia (25.8M units)
13. Philippines (2.7M units)

Source: IndexBox Market Intelligence Platform