Price for Electronic Integrated Circuits; Memories in Sri Lanka - 2021
Contents:
- Price for Electronic Integrated Circuits; Memories in Sri Lanka (CIF) - 2022
- Price for Electronic Integrated Circuits; Memories in Sri Lanka (FOB) - 2022
- Imports of Electronic Integrated Circuits; Memories in Sri Lanka
- Exports of Electronic Integrated Circuits; Memories in Sri Lanka
Price for Electronic Integrated Circuits; Memories in Sri Lanka (CIF) - 2022
The average electronic integrated circuits; memories import price stood at $2.3 per unit in 2022, picking up by 42% against the previous year. Overall, the import price, however, continues to indicate a slight descent. Over the period under review, average import prices attained the maximum at $3.1 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($4.7 per unit), while the price for the United States ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+19.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electronic Integrated Circuits; Memories in Sri Lanka (FOB) - 2022
In 2022, the average electronic integrated circuits; memories export price amounted to $2.4 per unit, surging by 13% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 48%. Over the period under review, the average export prices hit record highs at $3.4 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3.1 per unit), while the average price for exports to Switzerland stood at $2.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+5.2%), while the prices for the other major destinations experienced a decline.
Imports of Electronic Integrated Circuits; Memories in Sri Lanka
In 2022, the amount of electronic integrated circuits imported into Sri Lanka skyrocketed to 992K units, increasing by 106% against 2021. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 223% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, electronic integrated circuits; memories imports soared to $2.3M in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electronic Integrated Circuits; Memories in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 2.0 | 2.4 | 149 | 973 | 686.5% |
| Taiwan (Chinese) | 131 | 33.7 | 52.5 | 467 | 52.8% |
| China | 176 | 76.4 | 127 | 261 | 14.0% |
| Singapore | 62.3 | 22.9 | 146 | 178 | 41.9% |
| Thailand | 31.9 | 7.0 | 40.1 | 118 | 54.7% |
| United States | 4.4 | 9.3 | 30.6 | 49.4 | 123.9% |
| Philippines | 5.5 | 2.4 | 12.9 | 40.4 | 94.4% |
| Germany | 110 | 1.0 | 29.6 | 15.2 | -48.3% |
| Japan | 173 | 64.0 | 45.5 | 1.4 | -79.9% |
| Netherlands | 58.4 | 0.2 | 55.2 | 0.2 | -84.9% |
| Others | 170 | 113 | 101 | 202 | 5.9% |
| Total | 926 | 333 | 789 | 2,306 | 35.5% |
Top Suppliers of Electronic Integrated Circuits; Memories to Sri Lanka in 2022:
- Switzerland (240.7K units)
- Thailand (138.3K units)
- Singapore (134.5K units)
- Taiwan (Chinese) (127.0K units)
- United States (113.4K units)
- China (97.4K units)
- Philippines (48.4K units)
- Germany (7.0K units)
- Netherlands (0.3K units)
- Japan (0.3K units)
Exports of Electronic Integrated Circuits; Memories in Sri Lanka
After two years of decline, shipments abroad of electronic integrated circuits increased by 25% to 3.4K units in 2022. Over the period under review, exports, however, recorded a sharp reduction. The exports peaked at 51K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, electronic integrated circuits; memories exports surged to $8.3K in 2022. Overall, exports, however, showed a dramatic curtailment. Over the period under review, the exports attained the peak figure at $117K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electronic Integrated Circuits; Memories in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 65.3 | 8.2 | 0.5 | 5.2 | -57.0% |
| United States | 1.4 | 0.3 | 0.3 | 3.1 | 30.3% |
| Hong Kong SAR | 3.0 | 0.6 | 0.6 | N/A | -55.3% |
| China | 11.0 | 0.1 | N/A | N/A | -99.1% |
| Germany | 5.8 | 0.3 | 0.5 | N/A | -70.6% |
| Malaysia | 15.5 | 0.2 | N/A | N/A | -98.7% |
| Others | 15.5 | 3.7 | 3.9 | N/A | -49.8% |
| Total | 117 | 13.5 | 5.8 | 8.3 | -58.6% |
Top Export Markets for Electronic Integrated Circuits; Memories from Sri Lanka in 2022:
- Switzerland (2.4K units)
- United States (1.0K units)
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