U.S. Bare Printed Circuit Board Market. Analysis And Forecast to 2030
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View PricingPrice for Bare Printed Circuit Board in the United States - 2023
Contents:
- Price for Bare Printed Circuit Board in the United States (CIF) - 2022
- Price for Bare Printed Circuit Board in the United States (FOB) - 2023
- Imports of Bare Printed Circuit Board in the United States
- Exports of Bare Printed Circuit Board in the United States
Price for Bare Printed Circuit Board in the United States (CIF) - 2022
In 2022, the average bare printed circuit board import price amounted to $1.2 per unit, jumping by 35% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($3.5 per unit), while the price for France ($0.3 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+31.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Bare Printed Circuit Board in the United States (FOB) - 2023
The average bare printed circuit board export price stood at $5.0 per unit in August 2023, with an increase of 39% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in May 2023 an increase of 41% m-o-m. The export price peaked at $5.4 per unit in December 2022; however, from January 2023 to August 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($28.8 per unit), while the average price for exports to the Philippines ($959 per thousand units) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+35.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Bare Printed Circuit Board in the United States
In 2022, purchases abroad of bare printed circuit boards decreased by -12.4% to 2.3B units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 15% against the previous year. As a result, imports attained the peak of 2.6B units, and then declined in the following year.
In value terms, bare printed circuit board imports soared to $2.8B in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Bare Printed Circuit Board in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 764 | 647 | 830 | 911 | 6.0% |
| Taiwan (Chinese) | 365 | 356 | 490 | 657 | 21.6% |
| Japan | 135 | 179 | 295 | 266 | 25.4% |
| South Korea | 91.2 | 99.1 | 132 | 214 | 32.9% |
| Thailand | 66.6 | 63.5 | 120 | 158 | 33.4% |
| France | 14.4 | 10.7 | 13.3 | 12.4 | -4.9% |
| Others | 421 | 383 | 443 | 534 | 8.2% |
| Total | 1,858 | 1,738 | 2,323 | 2,752 | 14.0% |
Top Suppliers of Bare Printed Circuit Board to the United States in 2022:
- Taiwan (Chinese) (1051.9M units)
- China (743.3M units)
- Thailand (159.3M units)
- South Korea (97.4M units)
- Japan (76.7M units)
- France (44.8M units)
Exports of Bare Printed Circuit Board in the United States
In 2022, the amount of bare printed circuit boards exported from the United States declined modestly to 284M units, with a decrease of -2.4% on 2021 figures. Overall, exports showed a noticeable downturn. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. Over the period under review, the exports attained the maximum at 321M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, bare printed circuit board exports rose markedly to $1.3B in 2022. The total export value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Bare Printed Circuit Board in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 528 | 407 | 460 | 504 | -1.5% |
| China | 67.5 | 89.4 | 70.1 | 105 | 15.9% |
| Singapore | 31.4 | 25.8 | 32.2 | 36.0 | 4.7% |
| Philippines | 26.7 | 25.4 | 28.0 | 30.5 | 4.5% |
| Hong Kong SAR | 21.1 | 33.3 | 35.4 | 27.0 | 8.6% |
| Germany | 58.2 | 60.9 | 26.6 | 26.6 | -23.0% |
| Costa Rica | 14.6 | 11.5 | 11.7 | 16.2 | 3.5% |
| Others | 536 | 536 | 541 | 581 | 2.7% |
| Total | 1,283 | 1,189 | 1,205 | 1,326 | 1.1% |
Top Export Markets for Bare Printed Circuit Board from the United States in 2022:
- Mexico (208.7M units)
- Philippines (27.6M units)
- China (5.4M units)
- Hong Kong SAR (5.3M units)
- Germany (4.8M units)
- Singapore (4.7M units)
- Costa Rica (1.3M units)
This report provides an in-depth analysis of the market for bare printed circuit board in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- NAICS 334412 - Bare printed circuit board manufacturing
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The import of Bare Printed Circuit Board reached its peak at 185M units in November 2022. However, from December 2022 to October 2023, import numbers failed to regain momentum. In terms of value, the imports of Bare Printed Circuit Board dropped to $189M in October 2023.
233
The value of imports for Bare Printed Circuit Boards decreased to $204M in May 2023.
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