Price for Electronic Integrated Circuits; Memories in Luxembourg - 2023

Contents:

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

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

In June 2023, the average electronic integrated circuits; memories import price amounted to $573 per thousand units, jumping by 29% against the previous month. Over the period under review, the import price showed a resilient increase. The growth pace was the most rapid in May 2023 an increase of 95% m-o-m. The import price peaked in June 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($1.3 per unit), while the price for France ($163 per thousand units) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average electronic integrated circuits; memories export price amounted to $97 per unit, rising by 70% against the previous year. Overall, the export price showed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($170 per unit), while the average price for exports to Poland ($57 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 United States (+37.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Integrated Circuits; Memories in Luxembourg

In 2022, approx. 144K units of electronic integrated circuits were imported into Luxembourg; falling by -42.9% compared with the year before. In general, imports saw a pronounced downturn. The growth pace was the most rapid in 2021 with an increase of 149%. As a result, imports reached the peak of 253K units, and then dropped dramatically in the following year.

In value terms, electronic integrated circuits; memories imports contracted sharply to $2.8M in 2022. Overall, imports continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2021 when imports increased by 63% against the previous year. As a result, imports reached the peak of $4.7M, and then declined rapidly in the following year.

Import of Electronic Integrated Circuits; Memories in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan6224289917637.0%
United States5833821595890.3%
Belgium2582591,38342618.2%
China2251511,06535716.6%
Germany446339325217-21.3%
Netherlands80.861210813017.2%
Taiwan (Chinese)1.753.1147126320.1%
France35958.294.155.2-46.4%
Philippines0.252.60.522.2380.6%
Singapore51.034.529.210.6-40.8%
Others404522404145-28.9%
Total3,0302,8914,7062,841-2.1%

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

  1. China (47.9K units)
  2. Taiwan (Chinese) (24.5K units)
  3. Japan (18.7K units)
  4. Belgium (14.1K units)
  5. Netherlands (6.0K units)
  6. United States (4.7K units)
  7. Philippines (4.5K units)
  8. France (4.1K units)
  9. Germany (2.9K units)
  10. Singapore (0.9K units)

Exports of Electronic Integrated Circuits; Memories in Luxembourg

Electronic integrated circuits; memories exports from Luxembourg fell notably to 24K units in 2022, reducing by -59.3% on the previous year's figure. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 157%. As a result, the exports attained the peak of 58K units, and then fell markedly in the following year.

In value terms, electronic integrated circuits; memories exports reduced dramatically to $2.3M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 133% against the previous year. As a result, the exports reached the peak of $3.3M, and then declined markedly in the following year.

Export of Electronic Integrated Circuits; Memories in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands12.9247485691277.0%
Hong Kong SARN/AN/AN/A6370%
Germany371345316211-17.1%
Belgium14345.61,8801624.2%
France147157142125-5.3%
United StatesN/A2.132.8100590.1%
Poland17.520.428.770.859.3%
Italy90.266.190.368.6-8.7%
Spain36.328048.526.0-10.5%
Others248259291197-7.4%
Total1,0671,4223,3152,28929.0%

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

  1. Netherlands (10.7K units)
  2. Hong Kong SAR (3.7K units)
  3. Belgium (2.3K units)
  4. France (1.4K units)
  5. Germany (1.3K units)
  6. Poland (1.2K units)
  7. United States (0.9K units)
  8. Italy (0.6K units)
  9. Spain (0.2K units)

Source: IndexBox Market Intelligence Platform

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