Australia: Electronic Chip Market 2025

Electronic Chip Market Size in Australia

The Australian electronic chip market rose sharply to $X in 2021, growing by 13% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Electronic Chip Exports

Exports from Australia

In 2021, overseas shipments of electronic chips decreased by -6.5% to X units, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a noticeable decrease. The pace of growth was the most pronounced in 2015 with an increase of 46% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, electronic chip exports rose rapidly to $X in 2021. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 53%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X units) was the main destination for electronic chip exports from Australia, accounting for a 62% share of total exports. Moreover, electronic chip exports to New Zealand exceeded the volume sent to the second major destination, the United States (X units), tenfold. Singapore (X units) ranked third in terms of total exports with a 4.2% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand stood at +10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-7.9% per year) and Singapore (-19.5% per year).

In value terms, the United States ($X), Singapore ($X) and Hong Kong SAR ($X) were the largest markets for electronic chip exported from Australia worldwide, with a combined 48% share of total exports. These countries were followed by Malaysia, China, New Zealand, Indonesia, the UK, Taiwan (Chinese), Slovenia, Italy and Papua New Guinea, which together accounted for a further 38%.

Among the main countries of destination, Slovenia, with a CAGR of +51.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electronic chip export price stood at $X per unit in 2021, surging by 15% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electronic chip export price increased by +64.3% against 2017 indices. The pace of growth appeared the most rapid in 2019 an increase of 34% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to New Zealand (less than $X 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 China (+23.2%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Chip Imports

Imports into Australia

Electronic chip imports into Australia shrank to X units in 2021, with a decrease of -7.1% compared with 2020. In general, imports saw a abrupt descent. The growth pace was the most rapid in 2019 with an increase of 4.3% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, electronic chip imports surged to $X in 2021. The total import value increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when imports increased by 18% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Taiwan (Chinese) (X units), China (X units) and Malaysia (X units) were the main suppliers of electronic chip imports to Australia, with a combined 54% share of total imports. The United States, South Korea, Vietnam, Thailand, Singapore, the Philippines, Austria, Hong Kong SAR and Costa Rica lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +88.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electronic chip suppliers to Australia were China ($X), Taiwan (Chinese) ($X) and Malaysia ($X), together comprising 56% of total imports. These countries were followed by South Korea, the United States, Vietnam, Singapore, the Philippines, Thailand, Austria, Hong Kong SAR and Costa Rica, which together accounted for a further 36%.

Vietnam, with a CAGR of +114.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average electronic chip import price amounted to $X per unit, picking up by 25% against the previous year. Overall, the import price showed strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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