Taiwan (Chinese): Electronic Chip Market 2022

Electronic Chip Market Size in Taiwan (Chinese)

In 2021, the Taiwanese electronic chip market decreased by -X% to $X for the first time since 2017, thus ending a three-year rising trend. In general, the total consumption indicated a slight increase from 2007 to 2021: its value increased at an average annual rate of +X% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2017 indices. Electronic chip consumption peaked at $X in 2020, and then reduced in the following year.

Electronic Chip Production in Taiwan (Chinese)

In value terms, electronic chip production reduced to $X in 2021 estimated in export price. Over the period under review, production recorded a remarkable increase. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Electronic chip production peaked at $X in 2020, and then fell in the following year.

Electronic Chip Exports

Exports from Taiwan (Chinese)

In 2021, the amount of electronic chips exported from Taiwan (Chinese) skyrocketed to X units, with an increase of X% compared with 2020 figures. Over the period under review, exports saw a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electronic chip exports reached $X in 2021. Overall, exports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X units) was the main destination for electronic chip exports from Taiwan (Chinese), accounting for a X% share of total exports. Moreover, electronic chip exports to Italy exceeded the volume sent to the second major destination, the Netherlands (X units), twofold. The third position in this ranking was occupied by China (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Italy amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and China (+X% per year).

In value terms, Italy ($X) remains the key foreign market for electronic chip exports from Taiwan (Chinese), comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports. It was followed by China, with an X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Italy totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and China (+X% per year).

Export Prices by Country

The average electronic chip export price stood at $X per unit in 2020, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked in 2020 and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($X per unit), while the average price for exports to Singapore ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Electronic Chip Imports

Imports into Taiwan (Chinese)

After two years of decline, purchases abroad of electronic chips increased by X% to X units in 2021. In general, imports saw a pronounced expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, electronic chip imports stood at $X in 2021. Over the period under review, imports saw a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of X%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2020, Bulgaria (X units) constituted the largest supplier of electronic chip to Taiwan (Chinese), accounting for a X% share of total imports. Moreover, electronic chip imports from Bulgaria exceeded the figures recorded by the second-largest supplier, Croatia (X units), ninefold. The Netherlands (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Bulgaria stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Croatia (+X% per year) and the Netherlands (-X% per year).

In value terms, the largest electronic chip suppliers to Taiwan (Chinese) were the Netherlands ($X), Bulgaria ($X) and Croatia ($X), with a combined X% share of total imports.

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

Import Prices by Country

The average electronic chip import price stood at $X per unit in 2020, rising by X% against the previous year. Overall, the import price saw measured growth. The most prominent rate of growth was recorded in 2012 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2020 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the Netherlands ($X per unit), while the price for Bulgaria ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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