Price for Electronic Integrated Circuits; Memories in Argentina - 2023
Contents:
- Price for Electronic Integrated Circuits; Memories in Argentina (CIF) - 2022
- Price for Electronic Integrated Circuits; Memories in Argentina (FOB) - 2022
- Imports of Electronic Integrated Circuits; Memories in Argentina
- Exports of Electronic Integrated Circuits; Memories in Argentina
Price for Electronic Integrated Circuits; Memories in Argentina (CIF) - 2022
The average electronic integrated circuits; memories import price stood at $1.2 per unit in 2022, dropping by -11.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2013 an increase of 32% against the previous year. The import price peaked at $1.6 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($2.7 per unit), while the price for the Philippines ($0.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electronic Integrated Circuits; Memories in Argentina (FOB) - 2022
The average electronic integrated circuits; memories export price stood at $53 per unit in 2022, jumping by 411% against the previous year. Overall, the export price showed a significant increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 579% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +9.3% per year.
Imports of Electronic Integrated Circuits; Memories in Argentina
Electronic integrated circuits; memories imports into Argentina dropped to 12M units in 2022, reducing by -5.1% compared with 2021 figures. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.7% 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 +35.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of 12M units, and then shrank in the following year.
In value terms, electronic integrated circuits; memories imports declined rapidly to $14M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.0% 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 +29.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47%. As a result, imports reached the peak of $17M, and then shrank significantly in the following year.
| Import of Electronic Integrated Circuits; Memories in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.9 | 5.5 | 8.9 | 9.9 | 18.8% |
| Japan | 1.0 | 1.4 | 2.3 | 1.5 | 14.5% |
| South Korea | 1.0 | 1.9 | 1.6 | 0.9 | -3.5% |
| Taiwan (Chinese) | 1.4 | 1.8 | 2.7 | 0.8 | -17.0% |
| Malaysia | 0.3 | 0.2 | 0.4 | 0.3 | 0.0% |
| Thailand | 0.4 | 0.2 | 0.2 | 0.3 | -9.1% |
| Philippines | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Others | 1.0 | 0.6 | 0.8 | 0.7 | -11.2% |
| Total | 11.1 | 11.6 | 17.1 | 14.4 | 9.1% |
Top Suppliers of Electronic Integrated Circuits; Memories to Argentina in 2022:
- China (10.0M units)
- Taiwan (Chinese) (0.5M units)
- Thailand (0.3M units)
- South Korea (0.3M units)
- Philippines (0.2M units)
- Malaysia (0.2M units)
- Japan (0.1M units)
Exports of Electronic Integrated Circuits; Memories in Argentina
In 2022, approx. 58 units of electronic integrated circuits were exported from Argentina; which is down by -93.7% against the year before. Overall, exports showed a significant decline. The growth pace was the most rapid in 2021 when exports increased by 468%. As a result, the exports reached the peak of 915 units, and then reduced sharply in the following year.
In value terms, electronic integrated circuits; memories exports shrank markedly to $3.1K in 2022. In general, exports showed a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 368%. As a result, the exports reached the peak of $9.5K, and then contracted sharply in the following year.
| Export of Electronic Integrated Circuits; Memories in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | N/A | N/A | 3.1 | 0% |
| Taiwan (Chinese) | 3.9 | 1.9 | 8.8 | N/A | 50.2% |
| Germany | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Others | 0.3 | 0.1 | 0.5 | N/A | 29.1% |
| Total | 4.4 | 2.0 | 9.5 | 3.1 | -11.0% |
Top Export Markets for Electronic Integrated Circuits; Memories from Argentina in 2022:
- Brazil (58.0 units)
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