Price for Electronic Integrated Circuits; Amplifiers in Latvia - 2023
Contents:
- Price for Electronic Integrated Circuits; Amplifiers in Latvia (CIF) - 2022
- Price for Electronic Integrated Circuits; Amplifiers in Latvia (FOB) - 2022
- Imports of Electronic Integrated Circuits; Amplifiers in Latvia
- Exports of Electronic Integrated Circuits; Amplifiers in Latvia
Price for Electronic Integrated Circuits; Amplifiers in Latvia (CIF) - 2022
In 2022, the average electronic integrated circuits; amplifiers import price amounted to $1.1 per unit, falling by -11.8% against the previous year. Over the period under review, the import price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 34% against the previous year. Over the period under review, average import prices attained the maximum at $1.3 per unit in 2021, and then reduced in the following year.
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 Malaysia ($3.8 per unit), while the price for the Netherlands ($0.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electronic Integrated Circuits; Amplifiers in Latvia (FOB) - 2022
In 2022, the average electronic integrated circuits; amplifiers export price amounted to $3.9 per unit, increasing by 6.8% against the previous year. Over the period under review, the export price showed significant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 53% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
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 Russia ($10 per unit), while the average price for exports to Lithuania ($0.9 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 (+34.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electronic Integrated Circuits; Amplifiers in Latvia
Electronic integrated circuits; amplifiers imports into Latvia contracted markedly to 2.5M units in 2022, with a decrease of -18.2% compared with the previous year. In general, imports faced a abrupt descent. The smallest decline of -14.1% was in 2021. Imports peaked at 4.5M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electronic integrated circuits; amplifiers imports reduced remarkably to $2.9M in 2022. Over the period under review, imports showed a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 5.9%. Over the period under review, imports hit record highs at $4M in 2021, and then reduced rapidly in the following year.
| Import of Electronic Integrated Circuits; Amplifiers in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 137 | 96.4 | 255 | 900 | 87.3% |
| Malaysia | 1,458 | 1,731 | 2,072 | 759 | -19.6% |
| China | 707 | 926 | 355 | 387 | -18.2% |
| Netherlands | 248 | 192 | 145 | 173 | -11.3% |
| Estonia | 137 | 346 | 206 | 163 | 6.0% |
| Lithuania | 29.5 | 0.5 | 162 | 124 | 61.4% |
| France | 8.6 | 13.5 | 39.5 | 62.9 | 94.1% |
| Belarus | 74.9 | 233 | 106 | 19.8 | -35.8% |
| Sweden | 717 | 0.5 | 12.2 | 1.8 | -86.4% |
| Others | 198 | 396 | 640 | 294 | 14.1% |
| Total | 3,716 | 3,935 | 3,994 | 2,883 | -8.1% |
Top Suppliers of Electronic Integrated Circuits; Amplifiers to Latvia in 2022:
- Germany (1351.9K units)
- Netherlands (302.3K units)
- Malaysia (198.5K units)
- China (163.8K units)
- Lithuania (126.3K units)
- Estonia (91.8K units)
- France (61.5K units)
- Belarus (22.8K units)
- Sweden (1.9K units)
Exports of Electronic Integrated Circuits; Amplifiers in Latvia
In 2022, approx. 738K units of electronic integrated circuits were exported from Latvia; rising by 63% on 2021 figures. Overall, exports, however, recorded a deep contraction. The exports peaked at 888K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, electronic integrated circuits; amplifiers exports surged to $2.9M in 2022. In general, exports enjoyed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Electronic Integrated Circuits; Amplifiers in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 405 | 276 | 182 | 1,388 | 50.8% |
| Hong Kong SAR | 157 | 73.9 | 227 | 520 | 49.1% |
| Estonia | 143 | 1.1 | 2.5 | 261 | 22.2% |
| Bulgaria | 15.1 | 134 | 164 | 123 | 101.2% |
| Russia | 1,032 | 733 | 785 | 99.8 | -54.1% |
| Germany | 20.5 | 42.1 | 64.9 | 88.3 | 62.7% |
| Lithuania | 2.2 | 4.7 | 31.8 | 65.6 | 210.1% |
| Belarus | 27.8 | 34.0 | 55.3 | 9.4 | -30.3% |
| Others | 130 | 206 | 134 | 309 | 33.5% |
| Total | 1,933 | 1,505 | 1,647 | 2,863 | 14.0% |
Top Export Markets for Electronic Integrated Circuits; Amplifiers from Latvia in 2022:
- China (317.1K units)
- Hong Kong SAR (128.8K units)
- Bulgaria (79.0K units)
- Lithuania (72.3K units)
- Estonia (60.6K units)
- Germany (21.9K units)
- Russia (9.6K units)
- Belarus (5.3K units)
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