Estonia: Integrated Circuit Market 2020

Integrated Circuit Market Size in Estonia

The revenue of the integrated circuit market in Estonia amounted to $X in 2018, falling by -X% against the previous year. Over the period under review, integrated circuit consumption continues to indicate a measured slump. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. In that year, the integrated circuit market attained its peak level of $X. From 2014 to 2018, the growth of the integrated circuit market remained at a somewhat lower figure.

Integrated Circuit Production in Estonia

In value terms, integrated circuit production amounted to $X in 2018 estimated in export prices. Over the period under review, integrated circuit production continues to indicate mild growth. The most prominent rate of growth was recorded in 2016 when production volume increased by X% against the previous year. In that year, integrated circuit production reached its peak level of $X. From 2017 to 2018, integrated circuit production growth remained at a lower figure.

Integrated Circuit Exports

Exports from Estonia

Integrated circuit exports from Estonia amounted to X units in 2018, surging by X% against the previous year. Over the period under review, integrated circuit exports continue to indicate a strong increase. The growth pace was the most rapid in 2010 when exports increased by X% against the previous year. Estonia exports peaked at X units in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, integrated circuit exports amounted to $X in 2018. Overall, integrated circuit exports continue to indicate a strong increase. The growth pace was the most rapid in 2009 when exports increased by X% year-to-year. Estonia exports peaked in 2018 and are likely to see steady growth in the near future.

Exports by Country

The countries with the highest levels of integrated circuit exports in 2018 were Singapore (X units), China, Hong Kong SAR (X units), China (X units) and Taiwan, Chinese (X units), together amounting to X% of total export. The following exporters - Japan (X units), Malaysia (X units), Thailand (X units), the Philippines (X units), South Korea (X units) and Germany (X units) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, Taiwan, Chinese ($X), China, Hong Kong SAR ($X) and China ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports.

China recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The integrated circuit export price in Estonia stood at $X per unit in 2018, jumping by X% against the previous year. Overall, the integrated circuit export price, however, continues to indicate an abrupt downturn. The growth pace was the most rapid in 2009 an increase of X% y-o-y. Over the period under review, the export prices for electronic integrated circuits and microassemblies reached their maximum at $X per unit in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was South Korea ($X per unit), while Singapore ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced more modest paces of growth.

Integrated Circuit Imports

Imports into Estonia

In 2018, the imports of electronic integrated circuits and microassemblies into Estonia totaled X units, standing approx. at the previous year. In general, integrated circuit imports continue to indicate an abrupt setback. The pace of growth was the most pronounced in 2013 when imports increased by X% year-to-year. In that year, integrated circuit imports reached their peak of X units. From 2014 to 2018, the growth of integrated circuit imports failed to regain its momentum.

In value terms, integrated circuit imports totaled $X in 2018. Overall, integrated circuit imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Estonia imports peaked at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X units) and China, Hong Kong SAR (X units) represented the major importers of electronic integrated circuits and microassembliesin the world, together finishing at approx. X% of total imports. Singapore (X units) ranks next in terms of the total imports with a X% share, followed by Taiwan, Chinese (X%) and South Korea (X%). Malaysia (X units), the U.S. (X units), the Philippines (X units), Thailand (X units) and Japan (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, China ($X), China, Hong Kong SAR ($X) and Singapore ($X) were the countries with the highest levels of imports in 2018, together comprising X% of total imports.

In terms of the main importing countries, China, Hong Kong SAR recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the integrated circuit import price in Estonia amounted to $X per unit, reducing by -X% against the previous year. In general, the integrated circuit import price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2017 when the import price increased by X% y-o-y. In that year, the import prices for electronic integrated circuits and microassemblies reached their peak level of $X per unit, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Singapore, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform