Price for Electronic Integrated Circuits and Microassemblies in Italy - 2023

Contents:

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

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

In 2021, the average import price for electronic integrated circuits and microassemblieses amounted to $14 per unit, approximately equating the previous year. Overall, import price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electronic integrated circuits and microassemblies import price increased by +72.6% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 36% against the previous year. Over the period under review, average import prices hit record highs at $14 per unit in 2020, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($0.7 per unit), while the price for Tunisia (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 attained by China (+25.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for electronic integrated circuits and microassemblieses stood at $30 per unit in 2021, increasing by 17% against the previous year. In general, export price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electronic integrated circuits and microassemblies export price increased by +71.3% against 2016 indices. The pace of growth appeared the most rapid in 2014 an increase of 25%. The export price peaked in 2021 and is likely to continue growth in the immediate term.

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 Malaysia ($0.9 per unit), while the average price for exports to Belgium (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 Thailand (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Integrated Circuits and Microassemblies in Italy

Electronic integrated circuits and microassemblies imports into Italy fell to 134M units in 2022, waning by -12.9% against the year before. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports attained the peak of 154M units, and then reduced in the following year.

In value terms, electronic integrated circuits and microassemblies imports expanded markedly to $2.4B in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Germany (3614.6M units)
2. Belgium (2092.6M units)
3. Netherlands (1474.3M units)
4. Tunisia (1164.5M units)
5. China (607.8M units)
6. Poland (424.5M units)
7. Romania (310.5M units)
8. France (294.2M units)
9. Ireland (229.5M units)
10. Japan (178.6M units)
11. United Kingdom (42.0M units)

Exports of Electronic Integrated Circuits and Microassemblies in Italy

Electronic integrated circuits and microassemblies exports from Italy reduced modestly to 50M units in 2022, which is down by -1.9% on 2021. Over the period under review, exports continue to indicate a deep slump. The growth pace was the most rapid in 2021 with an increase of 4% against the previous year. Over the period under review, the exports attained the peak figure at 61M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, electronic integrated circuits and microassemblies exports skyrocketed to $1.8B in 2022. The total export value increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 22%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

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

1. Romania (1124.3M units)
2. Singapore (1009.5M units)
3. Tunisia (295.1M units)
4. Malta (212.5M units)
5. Malaysia (194.1M units)
6. Bulgaria (188.3M units)
7. Thailand (167.6M units)
8. Belgium (149.4M units)
9. Spain (144.5M units)
10. France (108.5M units)
11. Germany (107.2M units)
12. Hungary (100.7M units)
13. Poland (96.0M units)

Source: IndexBox Market Intelligence Platform