Price for Electronic Integrated Circuits; Memories in Mexico - 2023
Contents:
- Price for Electronic Integrated Circuits; Memories in Mexico (CIF) - 2023
- Price for Electronic Integrated Circuits; Memories in Mexico (FOB) - 2023
- Imports of Electronic Integrated Circuits; Memories in Mexico
- Exports of Electronic Integrated Circuits; Memories in Mexico
Price for Electronic Integrated Circuits; Memories in Mexico (CIF) - 2023
The average electronic integrated circuits; memories import price stood at $984 per thousand units in June 2023, waning by -8.1% against the previous month. In general, the import price recorded a slight curtailment. The most prominent rate of growth was recorded in August 2022 when the average import price increased by 8.5% m-o-m. As a result, import price attained the peak level of $1.3 per unit. From September 2022 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($2.9 per unit), while the price for Thailand ($469 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (-0.2%), while the prices for the other major suppliers experienced a decline.
Price for Electronic Integrated Circuits; Memories in Mexico (FOB) - 2023
In June 2023, the average electronic integrated circuits; memories export price amounted to $2.2 per unit, rising by 12% against the previous month. Overall, the export price saw slight growth. The pace of growth appeared the most rapid in September 2022 when the average export price increased by 123% m-o-m. Over the period under review, the average export prices attained the maximum at $2.6 per unit in January 2023; however, from February 2023 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was China ($4.5 per unit), while the average price for exports to the United States ($1.8 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electronic Integrated Circuits; Memories in Mexico
For the third consecutive year, Mexico recorded decline in purchases abroad of electronic integrated circuits, which decreased by -2.6% to 1.1B units in 2022. Overall, imports continue to indicate a abrupt setback. The smallest decline of -1.4% was in 2021. Imports peaked at 1.7B units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electronic integrated circuits; memories imports expanded modestly to $1.3B in 2022. In general, imports faced a sharp setback. Over the period under review, imports hit record highs at $4B in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Electronic Integrated Circuits; Memories in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 475 | 280 | 293 | 354 | -9.3% |
| China | 802 | 317 | 227 | 306 | -27.5% |
| South Korea | 1,799 | 714 | 206 | 182 | -53.4% |
| United States | 130 | 78.3 | 99.5 | 131 | 0.3% |
| Malaysia | 110 | 96.2 | 112 | 130 | 5.7% |
| Thailand | 56.6 | 49.3 | 56.0 | 72.7 | 8.7% |
| Japan | 39.8 | 22.7 | 30.4 | 50.1 | 8.0% |
| Philippines | 517 | 391 | 198 | 46.8 | -55.1% |
| Others | 91.2 | 103 | 49.9 | 59.0 | -13.5% |
| Total | 4,021 | 2,051 | 1,272 | 1,332 | -30.8% |
Top Suppliers of Electronic Integrated Circuits; Memories to Mexico in 2022:
- China (357.9M units)
- Taiwan (Chinese) (189.0M units)
- Malaysia (131.5M units)
- Thailand (105.3M units)
- United States (96.4M units)
- South Korea (48.3M units)
- Japan (38.2M units)
- Philippines (19.4M units)
Exports of Electronic Integrated Circuits; Memories in Mexico
In 2022, electronic integrated circuits; memories exports from Mexico surged to 44M units, jumping by 74% against the previous year. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 76%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, electronic integrated circuits; memories exports skyrocketed to $57M in 2022. In general, exports, however, saw a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 50% against the previous year. As a result, the exports attained the peak of $102M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Electronic Integrated Circuits; Memories in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 58.8 | 88.7 | 30.6 | 28.6 | -21.4% |
| Hong Kong SAR | 1.4 | 5.3 | 7.0 | 14.2 | 116.5% |
| Hungary | 0.7 | 0.1 | 3.2 | 3.6 | 72.6% |
| Brazil | 1.5 | 0.2 | 0.4 | 2.9 | 24.6% |
| China | 1.0 | 1.2 | 1.6 | 1.7 | 19.3% |
| Others | 5.1 | 7.0 | 4.6 | 5.9 | 5.0% |
| Total | 68.4 | 102 | 47.4 | 56.9 | -6.0% |
Top Export Markets for Electronic Integrated Circuits; Memories from Mexico in 2022:
- United States (30.4M units)
- Hong Kong SAR (7.5M units)
- Hungary (1.9M units)
- China (1.1M units)
- Brazil (0.9M units)
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This report provides an in-depth analysis of the multichip integrated circuits market in Mexico.
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This report provides an in-depth analysis of the memories market in Mexico.
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Explore the top 10 countries in terms of import value of electronic chips and their significance in the global market. Get key statistics and numbers on the world's best import markets for electronic chips.
1125
Global demand for semiconductor chips continues to outpace supply, mainly driven by increasing procurement from both the consumer electronics sector and automobile sector in 2021, catching major semiconductor foundries TSMC and Samsung off-guard. In response, many major Asian chip manufacturers have hiked their prices by up to 20% this year. While both TSMC and Samsung have pledged to increase production capacity, market players project the chip shortfall to persist until 2022/2023.
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In 2016, approx. X tons of integrated circuit were imported worldwide- increasing by X% against the previous year figure. Overall, integrated circuit imports continue to indicate a relatively fla...
423
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.
