Forecast: Import of Electronic Integrated Circuits and Microassemblies to South Korea

Based on the data provided, South Korea's electronic integrated circuits and microassemblies imports have exhibited consistent growth over the years. From 2013 to 2022, the imports increased, albeit with slight dips in 2016 and 2020. The forecasted data from 2023 to 2028 shows a steady year-on-year growth, with a forecasted 5-year CAGR of 1.77% and a total growth rate of 9.15% for these years.

Year Value (in Billion USD) Year-on-Year Variation (%) CAGR (%)
2013 27.913 9.49 1.45
2014 30.076 7.75 6.78
2015 31.71 5.43 5.81
2016 30.027 -5.31 3.37
2017 33.491 11.54 5.61
2018 34.619 3.37 4.4
2019 35.34 2.08 3.28
2020 30.114 -14.79 -1.03
2021 37.205 23.55 4.38
2022 38.11 2.43 2.62
2023 38.997 2.33 2.41
2028 43.63 N/A 1.77 (2024-2028)

Future trends to watch include the ongoing digital transformation across industries, advancements in technology such as AI and IoT, and geopolitical factors that may impact the global supply chain. These factors are poised to influence South Korea's demand for electronic integrated circuits and microassemblies significantly.

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