In 2023, China led the electronic printed circuit imports, valued at $10.31 billion, followed by Hong Kong with $8.96 billion. South Korea, Mexico, and the United States each imported over $2 billion. Germany, Malaysia, and Japan had significant market shares, while Hungary and Singapore trailed with less than $1 billion in imports. Over the past two years, Hong Kong and China showed robust year-on-year growth in imports, whereas the North American market (U.S. and Mexico) saw a modest increase. The five-year CAGR indicates steady demand, with Asia remaining the dominant region for imports.
Future Trends to Watch For:
- Continued dominance of East Asian markets due to strong manufacturing capabilities.
- Potential shifts in import patterns due to geopolitical tensions and trade agreements.
- Technological advancements may spur demand in regions investing in semiconductor and electronics manufacturing.
- Environmental regulations influencing sourcing and volumes.
Top countries in Top Importers of Electronic Printed Circuits
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 10,310 | 2016 | |
| 2 | 2 Hong Kong | 8,960 | 2016 | |
| 3 | 3 South Korea | 2,170 | 2016 | |
| 4 | 4 Mexico | 2,160 | 2016 | |
| 5 | 5 United States | 2,150 | 2016 | |
| 6 | 6 Germany | 1,920 | 2016 | |
| 7 | 7 Malaysia | 1,780 | 2016 | |
| 8 | 8 Japan | 1,450 | 2016 | |
| 9 | 9 Hungary | 832.5 | 2016 | |
| 10 | 10 Singapore | 587.62 | 2016 |