Electronic Components Sales Sentiment Accelerates into the Downturn as Year-End 2022 Approaches, Reports ECIA
ECIA’s Electronic Component Sales Trend (ECST) November 2022 Survey Results
ATLANTA – ECIA has published the latest Electronic Component Sales Trend report, based on November 2022 survey results. ECIA Chief Analyst Dale Ford commented on this month’s results.
“The overall electronic component average sales sentiment collapsed below the previous lowest level hit during the initial months of the pandemic shutdowns in May 2020, 2.5 years ago,” he noted. “The average sales sentiment fell to 58.1 in November 2022 and is projected to continue its free-fall to 50.4 in December. By contrast, the lowest index measurement in the early stages of the pandemic was 69.4. In addition, the average electronic component index was measured below 100, indicating declining month-to-month sales, for four months during the pandemic shutdowns. The current index has come in below 100 for six months through November in the current downturn and shows no signs of improvement in December and Q1 2023.”
The ECST survey provides highly valuable and detailed visibility on industry expectations in the near-term through the monthly and quarterly surveys. This “immediate” perspective is helpful to participants up and down the electronics components supply chain. In the long-term, ECIA shares in the optimism for the future as the continued introduction and market adoption of exciting innovative technologies should motivate both corporate and consumer demand for next-generation products over the long term.
The complete ECIA Electronic Component Sales Trends (ECST) Report is delivered to all ECIA members as well as others who participate in the survey. All participants in the electronics
component supply chain are invited and encouraged to participate in the report so they can see the highly valuable insights provided by the ECST report. The return on a small investment of time is enormous!
The monthly and quarterly ECST reports present data in detailed tables and figures with multiple perspectives and covering current sales expectations, sales outlook, product cancellations, product decommits and product lead times. The data is presented at a detailed level for six major electronic component categories, six semiconductor subcategories and eight end markets. Also, survey results are segmented by aggregated responses from manufacturers, distributors, and manufacturer representatives.
Non-members can now purchase the ECST report at https://www.ecianow.org/purchase-reports