U.S.: Market for Bare Printed Circuit Boards 2025

Market Size for Bare Printed Circuit Boards in the U.S.

In 2022, the U.S. bare printed circuit board market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2013 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in years to come.

Production of Bare Printed Circuit Boards in the U.S.

In value terms, bare printed circuit board production fell modestly to $X in 2022. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. Bare printed circuit board production peaked at $X in 2021, and then fell modestly in the following year.

Exports of Bare Printed Circuit Boards

Exports from the U.S.

In 2022, bare printed circuit board exports from the United States declined slightly to X units, reducing by X% compared with 2021 figures. In general, exports recorded a perceptible reduction. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, bare printed circuit board exports rose remarkably to $X in 2022. Overall, exports recorded a noticeable descent. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Mexico (X units) was the main destination for bare printed circuit board exports from the United States, with a X% share of total exports. Moreover, bare printed circuit board exports to Mexico exceeded the volume sent to the second major destination, the Philippines (X units), eightfold. China (X units) ranked third in terms of total exports with a X% share.

From 2013 to 2022, the average annual growth rate of volume to Mexico totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (X% per year) and China (X% per year).

In value terms, Mexico ($X) remains the key foreign market for bare printed circuit boards exports from the United States, comprising X% of total exports. The second position in the ranking was held by China ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of value to Mexico amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the average bare printed circuit board export price amounted to $X per unit, surging by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Bare Printed Circuit Boards

Imports into the U.S.

In 2022, after two years of growth, there was significant decline in supplies from abroad of bare printed circuit boards, when their volume decreased by X% to X units. The total import volume increased at an average annual rate of X% from 2013 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, bare printed circuit board imports soared to $X in 2022. The total import value increased at an average annual rate of X% from 2013 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Taiwan (Chinese) (X units), China (X units) and Thailand (X units) were the main suppliers of bare printed circuit board imports to the United States, together accounting for X% of total imports. South Korea, Japan and France lagged somewhat behind, together accounting for a further X%.

From 2013 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest bare printed circuit board suppliers to the United States were China ($X), Taiwan (Chinese) ($X) and Japan ($X), with a combined X% share of total imports. South Korea, Thailand and France lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, France, 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

In 2022, the average bare printed circuit board import price amounted to $X per unit, jumping by X% against the previous year. Over the last nine years, it increased at an average annual rate of X%. As a result, import price attained 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 Japan ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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