Price for Electronic Integrated Circuits; Amplifiers in Azerbaijan - 2023
Contents:
- Price for Electronic Integrated Circuits; Amplifiers in Azerbaijan (CIF) - 2022
- Imports of Electronic Integrated Circuits; Amplifiers in Azerbaijan
Price for Electronic Integrated Circuits; Amplifiers in Azerbaijan (CIF) - 2022
In 2022, the average electronic integrated circuits; amplifiers import price amounted to $16 per unit, picking up by 114% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 182% against the previous year. As a result, import price reached the peak level of $25 per unit. From 2017 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($85 per unit), while the price for Mexico ($1.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+121.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Electronic Integrated Circuits; Amplifiers in Azerbaijan
In 2022, supplies from abroad of electronic integrated circuits decreased by -24.4% to 6.2K units for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.4% 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 +38.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. As a result, imports attained the peak of 8.1K units, and then contracted sharply in the following year.
In value terms, electronic integrated circuits; amplifiers imports skyrocketed to $101K in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 125%. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Electronic Integrated Circuits; Amplifiers in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | 0.3 | 0.8 | 42.1 | 1084.6% |
Russia | 1.0 | 3.3 | 6.5 | 31.4 | 215.5% |
Switzerland | 4.4 | 8.6 | 7.6 | 7.9 | 21.5% |
Turkey | 1.1 | 4.0 | 2.9 | 5.5 | 71.0% |
Singapore | 3.2 | N/A | N/A | 0.9 | -34.5% |
Mexico | N/A | N/A | N/A | 0.4 | 0% |
United States | 7.4 | 42.4 | 4.2 | N/A | -24.7% |
Ukraine | 4.0 | 0.4 | 6.8 | N/A | 30.4% |
Others | 22.1 | 38.2 | 33.9 | 13.1 | -16.0% |
Total | 43.2 | 97.3 | 62.6 | 101 | 32.7% |
Top Suppliers of Electronic Integrated Circuits; Amplifiers to Azerbaijan in 2022:
- Russia (3846.0 units)
- China (1234.0 units)
- Turkey (576.0 units)
- Mexico (247.0 units)
- Singapore (100.0 units)
- Switzerland (93.0 units)
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