Price for Electronic Integrated Circuits; Memories in Hong Kong SAR - 2023
Contents:
- Price for Electronic Integrated Circuits; Memories in Hong Kong SAR (CIF) - 2022
- Price for Electronic Integrated Circuits; Memories in Hong Kong SAR (FOB) - 2022
- Imports of Electronic Integrated Circuits; Memories in Hong Kong SAR
- Exports of Electronic Integrated Circuits; Memories in Hong Kong SAR
Price for Electronic Integrated Circuits; Memories in Hong Kong SAR (CIF) - 2022
In 2022, the average electronic integrated circuits; memories import price amounted to $1.9 per unit, approximately mirroring the previous year. Overall, the import price, however, showed a resilient expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 42%. The import price peaked at $1.9 per unit in 2021, and then reduced modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($11 per unit), while the price for Thailand ($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 South Korea (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electronic Integrated Circuits; Memories in Hong Kong SAR (FOB) - 2022
The average electronic integrated circuits; memories export price stood at $1.8 per unit in 2022, waning by -28% against the previous year. Overall, the export price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 71% against the previous year. As a result, the export price reached the peak level of $2.4 per unit, and then reduced rapidly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($3 per unit), while the average price for exports to the United States ($0.3 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 India (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electronic Integrated Circuits; Memories in Hong Kong SAR
In 2022, the amount of electronic integrated circuits imported into Hong Kong SAR shrank remarkably to 21B units, waning by -22.3% against 2021 figures. In general, imports showed a noticeable setback. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year. As a result, imports reached the peak of 27B units, and then dropped remarkably in the following year.
In value terms, electronic integrated circuits; memories imports declined notably to $39.9B in 2022. Over the period under review, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +4.1% 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 +17.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. As a result, imports attained the peak of $51.5B, and then declined markedly in the following year.
| Import of Electronic Integrated Circuits; Memories in Hong Kong SAR (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.0 | 13.4 | 19.5 | 13.2 | -1.9% |
| South Korea | 11.4 | 10.3 | 16.8 | 13.1 | 4.7% |
| Taiwan (Chinese) | 3.4 | 3.9 | 4.7 | 5.8 | 19.5% |
| Singapore | 4.4 | 4.5 | 8.7 | 5.7 | 9.0% |
| Philippines | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Thailand | 0.3 | 0.2 | 0.3 | 0.2 | -12.6% |
| Others | 1.7 | 1.4 | 1.3 | 1.6 | -2.0% |
| Total | 35.4 | 33.9 | 51.5 | 39.9 | 4.1% |
Top Suppliers of Electronic Integrated Circuits; Memories to Hong Kong SAR in 2022:
- China (11.0B units)
- Taiwan (Chinese) (5.1B units)
- Singapore (1.4B units)
- South Korea (1.2B units)
- Philippines (0.6B units)
- Thailand (0.6B units)
Exports of Electronic Integrated Circuits; Memories in Hong Kong SAR
In 2022, shipments abroad of electronic integrated circuits increased by 5.9% to 21B units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a deep downturn. The exports peaked at 30B units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, electronic integrated circuits; memories exports fell sharply to $37.6B in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +15.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 51% against the previous year. As a result, the exports attained the peak of $49.4B, and then contracted markedly in the following year.
| Export of Electronic Integrated Circuits; Memories in Hong Kong SAR (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.6 | 29.1 | 43.4 | 29.6 | 1.2% |
| India | 1.4 | 1.1 | 1.6 | 3.1 | 30.3% |
| Taiwan (Chinese) | 1.2 | 1.3 | 2.4 | 2.1 | 20.5% |
| South Korea | 0.4 | 0.3 | 0.6 | 0.9 | 31.0% |
| Vietnam | 0.3 | 0.4 | 0.4 | 0.6 | 26.0% |
| Singapore | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| United States | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 0.4 | 0.3 | 0.6 | 0.9 | 31.0% |
| Total | 32.5 | 32.7 | 49.4 | 37.6 | 5.0% |
Top Export Markets for Electronic Integrated Circuits; Memories from Hong Kong SAR in 2022:
- China (15.2B units)
- Taiwan (Chinese) (1.4B units)
- India (1.0B units)
- South Korea (0.8B units)
- Vietnam (0.6B units)
- United States (0.5B units)
- Singapore (0.4B units)
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Explore the top import markets for memories worldwide, including China, Hong Kong SAR, Taiwan (Chinese), South Korea, Singapore, Malaysia, Vietnam, Japan, India, and the United States. Learn about key statistics and trends in the memory storage industry.
