China - Electronic Integrated Circuits and Microassemblies - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingChina's Import of Electronic Chips Falls Sharply to $349.3 Billion in 2023
China Electronic Chip Imports
In 2023, purchases abroad of electronic chips decreased by -10.9% to 480B units, falling for the second consecutive year after five years of growth. Over the period under review, imports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2018 with an increase of 43%. Over the period under review, imports hit record highs at 636B units in 2021; however, from 2022 to 2023, imports failed to regain momentum.
In value terms, electronic chip imports fell rapidly to $349.3B (IndexBox estimates) in 2023. Overall, total imports indicated a moderate expansion from 2013 to 2023: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by -19.2% against 2021 indices. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. As a result, imports reached the peak of $432.6B. From 2022 to 2023, the growth of imports remained at a lower figure.
| COUNTRY | Import Value of Electronic Chip in China (billion USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Taiwan (Chinese) | 80.7 | 74.9 | 78.1 | 82.7 | 92.4 | 112 | 113 | 124 | 155 | 159 | 135 |
| South Korea | 53.4 | 56.1 | 64.6 | 59.4 | 75.5 | 97.3 | 74.0 | 68.7 | 88.2 | 84.5 | 65.5 |
| Malaysia | 32.2 | 27.9 | 29.1 | 28.1 | 26.7 | 28.8 | 34.1 | 30.3 | 33.6 | 29.5 | 22.6 |
| Japan | 14.5 | 13.7 | 14.5 | 15.5 | 15.9 | 18.3 | 19.9 | 18.1 | 22.0 | 19.8 | 20.6 |
| Vietnam | 3.0 | 3.4 | 4.8 | 5.4 | 6.6 | 8.0 | 14.6 | 20.3 | 18.6 | 16.3 | 15.1 |
| United States | 15.9 | 12.6 | 12.9 | 9.8 | 11.4 | 13.4 | 15.0 | 14.2 | 15.7 | 12.1 | 8.3 |
| Philippines | 6.2 | 6.8 | 6.9 | 7.1 | 8.0 | 8.5 | 7.9 | 7.1 | 8.6 | 9.0 | 7.0 |
| Others | 25.3 | 22.3 | 19.0 | 18.9 | 23.9 | 25.8 | 27.1 | 67.5 | 90.8 | 85.6 | 75.7 |
| Total | 231 | 218 | 230 | 227 | 260 | 312 | 306 | 350 | 433 | 416 | 349 |
Imports by Country
In 2023, Taiwan (Chinese) (155B units) constituted the largest electronic chip supplier to China, with a 32% share of total imports. Moreover, electronic chip imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, South Korea (49B units), threefold. The third position in this ranking was taken by the United States (37B units), with a 7.8% share.
From 2013 to 2023, the average annual rate of growth in terms of volume from Taiwan (Chinese) amounted to +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+5.6% per year) and the United States (-1.1% per year).
In value terms, Taiwan (Chinese) ($134.6B) constituted the largest supplier of electronic chips to China, comprising 39% of total imports. The second position in the ranking was taken by South Korea ($65.5B), with a 19% share of total imports. It was followed by Malaysia, with a 6.5% share.
From 2013 to 2023, the average annual growth rate of value from Taiwan (Chinese) totaled +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+2.1% per year) and Malaysia (-3.5% per year).
Imports by Type
In 2023, electronic integrated circuits; n.e.c. in heading no. 8542 (276B units) constituted the largest type of electronic chips supplied to China, with a 58% share of total imports. Moreover, electronic integrated circuits; n.e.c. in heading no. 8542 exceeded the figures recorded for the second-largest type, electronic integrated circuits; processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits (125B units), twofold. The third position in this ranking was taken by multichip integrated circuits: memories (43B units), with a 9% share.
From 2013 to 2023, the average annual rate of growth in terms of the volume of electronic integrated circuits; n.e.c. in heading no. 8542 imports totaled +7.7%. With regard to the other supplied products, the following average annual rates of growth were recorded: electronic integrated circuits; processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits (+3.9% per year) and multichip integrated circuits: memories (+4.9% per year).
In value terms, electronic integrated circuits; processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits ($176.2B) constituted the largest type of electronic chips supplied to China, comprising 50% of total imports. The second position in the ranking was taken by electronic integrated circuits; n.e.c. in heading no. 8542 ($82B), with a 23% share of total imports. It was followed by multichip integrated circuits: memories, with a 23% share.
Import Prices by Country
In 2023, the electronic chip price amounted to $728 per thousand units (CIF, China), falling by -5.6% against the previous year. In general, the import price saw a mild reduction. The pace of growth was the most pronounced in 2022 an increase of 13% against the previous year. The import price peaked at $889 per thousand units in 2017; however, from 2018 to 2023, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($1.3 per unit), while the price for Germany ($101 per thousand units) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the electronic chip market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26113003 - Multichip integrated circuits: processors and controllers, w hether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
- Prodcom 26113006 - Electronic integrated circuits (excluding multichip circuits): processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
- Prodcom 26113023 - Multichip integrated circuits: memories
- Prodcom 26113027 - Electronic integrated circuits (excluding multichip circuits): dynamic random-access memories (D-RAMs)
- Prodcom 26113034 - Electronic integrated circuits (excluding multichip circuits): static random-access memories (S-RAMs), including cache random-access memories (cache-RAMs)
- Prodcom 26113054 - Electronic integrated circuits (excluding multichip circuits): UV erasable, programmable, read only memories (EPROMs)
- Prodcom 26113065 - Electronic integrated circuits (excluding multichip circuits): electrically erasable, programmable, read only memories (E.PROMs), including flash E.PROMs
- Prodcom 26113067 - Electronic integrated circuits (excluding multichip circuits): other memories
- Prodcom 26113080 - Electronic integrated circuits: amplifiers
- Prodcom 26113091 - Other multichip integrated circuits n.e.c.
- Prodcom 26113094 - Other electronic integrated circuits n.e.c.
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
