April 2019 Passive Electronic Component Monthly Market Research Report

CRL Monthly Review: Passive Electronic Component: Monthly Report: APRIL 2019 Review

MARKET UPDATE:

• CAPACITOR LEAD TIMES DECLINE IN APRIL LEAD BY PICOFARAD MLCC

• MEANWHILE, RESISTOR AND INDUCTOR LEAD TIMES INCREASE IN APRIL FOR MULTIPLE COMPONENT LINES

• INVENTORY LEVELS DIFFER BASED UPON PRODUCT MIX

• CRL 2019 REPORT SHOWS SIGNIFICANT INVENTORY LEVELS AT NORTH AMERICA DISTRIBUTORS FOR MLCC AND POLYMER TANTALUM

• HIGH CAP BME MLCC STILL TIGHT WITH INCREASING LEAD TIMES

• HIGH TEMP AND HIGH VOLTAGE MLCC- STILL A SHORTAGE PROBLEM

• MURATA AND TDK FORECAST 8% AND 5% VALUE GROWTH IN MLCC FOR FY 2020 COMING PRIMARILY FROM AUTOMOTIVE, IOT, 5G INFRASTRUCTURE, LTE PHONES AND MEDICAL DEVICES.

• PAUMANOK REDUCES PASSIVE COMPONENT MARKET FORECAST FOR JUNE 2019 TO +5% IN WORLDWIDE DOLLAR VALUE BASED UPON JAPANESE REPORTING

• RAW MATERIAL PRICES FOR PASSIVE COMPONENTS DECLINED IN APRIL 2019 LEAD BY DECLINES IN THE NICKEL PRICE AND THE PALLADIUM PRICE.

• MEANWHILE, THE CRUDE OIL PRICE SHOT UP TO $73 A BARREL, TANTALUM ORE PRICE RE-ADJUSTED SLIGHTLY UPWARD, AND THE RUTHENIUM PRICE (RESISTOR ELEMENT) REMAIN UNCHANGED.

• APRIL- SIGNIFICANT ACTIVITY IN RESISTORS AND MAGNETICS AGAIN, CAPACITORS IN TURMOIL