Price for Electronic Integrated Circuits and Microassemblies in Israel - 2023

Contents:

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

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

In 2021, the average export price for electronic integrated circuits and microassemblieses amounted to $76 per unit, increasing by 31% against the previous year. Overall, the export price showed strong growth. The growth pace was the most rapid in 2014 when the average export price increased by 20,763,736% against the previous year. As a result, the export price attained the peak level of $10,031,675 per unit. From 2015 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($3.3 per unit), while the average price for exports to Hong Kong SAR ($0.7 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 Japan (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2021, the average import price for electronic integrated circuits and microassemblieses amounted to $89 per unit, increasing by 30% against the previous year. Over the period under review, the import price posted a buoyant increase. The pace of growth was the most pronounced in 2013 an increase of 199,415,844%. As a result, import price reached the peak level of $52,112,479 per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($4.6 per unit), while the price for Vietnam ($0.5 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-2.6%), while the prices for the other major suppliers experienced a decline.

Exports of Electronic Integrated Circuits and Microassemblies in Israel

In 2022, shipments abroad of electronic integrated circuits and microassemblieses decreased by -35.2% to 32M units, falling for the second year in a row after two years of growth. In general, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 34% against the previous year. As a result, the exports attained the peak of 51M units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, electronic integrated circuits and microassemblies exports skyrocketed to $5B in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 39%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Electronic Integrated Circuits and Microassemblies in Israel (Million USD)
COUNTRY201920202021CAGR,
2019-2021
China1,5242,8501,389-4.5%
Ireland26.664.71,203572.5%
United States116291514110.5%
India32.011610177.7%
Hong Kong SAR37.839.076.642.4%
Singapore39.231.151.614.7%
Japan68.414714.9-53.3%
Vietnam2017531.9-90.3%
Others53.6-1,365.6394171.1%
Total2,0992,9263,74633.6%

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

  1. Ireland (1101.5M units)
  2. China (437.6M units)
  3. United States (157.3M units)
  4. Hong Kong SAR (104.1M units)
  5. Singapore (51.5M units)
  6. India (30.8M units)
  7. Japan (4.5M units)
  8. Vietnam (0.6M units)

Imports of Electronic Integrated Circuits and Microassemblies in Israel

In 2022, the amount of electronic integrated circuits and microassemblieses imported into Israel declined sharply to 9.8M units, with a decrease of -49.1% against 2021 figures. Over the period under review, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. As a result, imports attained the peak of 19M units, and then reduced rapidly in the following year.

In value terms, electronic integrated circuits and microassemblies imports soared to $2.2B in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 67%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Electronic Integrated Circuits and Microassemblies in Israel (Million USD)
COUNTRY201920202021CAGR,
2019-2021
United States18415756274.8%
Taiwan (Chinese)1932852237.5%
China15.113.4158223.5%
Germany10781.293.5-6.5%
Netherlands17520192.7-27.2%
South Korea11.012.992.6190.1%
MalaysiaN/AN/A91.10%
Singapore11710367.6-24.0%
Hong Kong SAR27.525.555.642.2%
Philippines22.222.553.955.8%
Belgium29.441.246.425.6%
Vietnam3.32.239.7246.8%
Thailand20.79.136.031.9%
Others11762.588.6-13.0%
Total1,0231,0161,70028.9%

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

  1. United States (445.0M units)
  2. China (124.3M units)
  3. Vietnam (76.6M units)
  4. Germany (73.3M units)
  5. Netherlands (72.4M units)
  6. South Korea (72.4M units)
  7. Malaysia (70.8M units)
  8. Singapore (53.4M units)
  9. Taiwan (Chinese) (48.3M units)
  10. Hong Kong SAR (44.8M units)
  11. Philippines (42.1M units)
  12. Belgium (28.1M units)
  13. Thailand (26.7M units)

Source: IndexBox Market Intelligence Platform

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