Price for Electronic Integrated Circuits; Memories in Egypt - 2023
Contents:
- Price for Electronic Integrated Circuits; Memories in Egypt (CIF) - 2022
- Price for Electronic Integrated Circuits; Memories in Egypt (FOB) - 2022
- Imports of Electronic Integrated Circuits; Memories in Egypt
- Exports of Electronic Integrated Circuits; Memories in Egypt
Price for Electronic Integrated Circuits; Memories in Egypt (CIF) - 2022
In 2022, the average electronic integrated circuits; memories import price amounted to $2.1 per unit, falling by -46.2% against the previous year. Over the period under review, the import price saw a precipitous decrease. The most prominent rate of growth was recorded in 2016 an increase of 94%. Over the period under review, average import prices reached the peak figure at $82 per unit in 2012; however, from 2013 to 2022, 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 China ($30 per unit), while the price for South Korea ($1.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-14.5%).
Price for Electronic Integrated Circuits; Memories in Egypt (FOB) - 2022
The average electronic integrated circuits; memories export price stood at $3.5 per unit in 2022, increasing by 94% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced shrinkage. The export price peaked at $5.8 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -3.1% per year.
Imports of Electronic Integrated Circuits; Memories in Egypt
For the fourth consecutive year, Egypt recorded growth in purchases abroad of electronic integrated circuits, which increased by 88% to 5.4M units in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 710% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, electronic integrated circuits; memories imports amounted to $11M in 2022. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 829%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Electronic Integrated Circuits; Memories in Egypt (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | N/A | 5.1 | 0% |
| China | N/A | 0.4 | 2.4 | 3.5 | 195.8% |
| Taiwan (Chinese) | 0.1 | 0.4 | 3.5 | 1.9 | 166.8% |
| Others | 0.7 | 0.4 | 5.1 | 0.5 | -10.6% |
| Total | 0.8 | 1.2 | 10.9 | 11.0 | 139.6% |
Top Suppliers of Electronic Integrated Circuits; Memories to Egypt in 2022:
- South Korea (4.4M units)
- Taiwan (Chinese) (0.8M units)
- China (0.1M units)
Exports of Electronic Integrated Circuits; Memories in Egypt
Electronic integrated circuits; memories exports from Egypt reduced rapidly to 179K units in 2022, which is down by -19.6% on the previous year's figure. Over the period under review, exports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2021 with an increase of 146%. As a result, the exports attained the peak of 223K units, and then declined significantly in the following year.
In value terms, electronic integrated circuits; memories exports skyrocketed to $629K in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 129% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.
| Export of Electronic Integrated Circuits; Memories in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 494 | 71.3 | 288 | 629 | 8.4% |
| South Korea | 15.2 | 51.5 | 42.6 | N/A | 67.4% |
| Hungary | 9.1 | 4.9 | 29.8 | N/A | 81.0% |
| China | 29.5 | 16.7 | 15.4 | N/A | -27.7% |
| South Africa | 46.3 | 19.2 | 13.0 | N/A | -47.0% |
| Others | 18.4 | 12.5 | 13.3 | N/A | -15.0% |
| Total | 613 | 176 | 403 | 629 | 0.9% |
Top Export Markets for Electronic Integrated Circuits; Memories from Egypt in 2022:
- Turkey (179.0K units)
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