Electronic Products & Technology

North American pcb industry sales are up

EP&T Magazine   

Electronics Production / Materials Supply Chain pcb production

IPC industry results show 14.6% increase in September 2022

Industry association IPC has released its September 2022 findings from the North American Printed Circuit Board (pcb) Statistical Program. The results show book-to-bill ratio stands at 1.12, while total North American pcb shipments in September 2022 were up 14.6 percent compared to the same month last year. Compared to the preceding month, September shipments rose 17.9 percent.

PCB year-to-date bookings in September were down 2.6 percent compared to last year. However, bookings in September increased 52.0 percent from the previous month.

Source: IPC

“The North American PCB market experienced strong growth in booking and shipments in the last month — with shipments recording the second highest levels in recent history — a sign that supply chain dynamics continue to improve,” said Shawn DuBravac, IPC’s chief economist.

Detailed data available

Companies that participate in IPC’s North American PCB Statistical Program have access to detailed findings on rigid PCB and flexible circuit sales and orders, including separate rigid and flex book-to-bill ratios, growth trends by product types and company size tiers, demand for prototypes, sales growth to military and medical markets, and other timely data.


Interpreting the data

The book-to-bill ratios are calculated by dividing the value of orders booked over the past three months by the value of sales billed during the same period from companies in IPC’s survey sample. A ratio of more than 1.00 suggests that current demand is ahead of supply, which is a positive indicator for sales growth over the next three to twelve months. A ratio of less than 1.00 indicates the reverse.

Year-on-year and year-to-date growth rates provide the most meaningful view of industry growth. Month-to-month comparisons should be made with caution as they reflect seasonal effects and short-term volatility. Because bookings tend to be more volatile than shipments, changes in the book-to-bill ratios from month to month might not be significant unless a trend of more than three consecutive months is apparent. It is also important to consider changes in both bookings and shipments to understand what is driving changes in the book-to-bill ratio.

IPC’s monthly pcb industry statistics are based on data provided by a representative sample of both rigid pcb and flexible circuit manufacturers selling in the USA and Canada. IPC publishes the pcb book-to-bill ratio by the end of each month.

Source: IPC



Stories continue below

Print this page

Related Stories