North American PCB Sales Continue to Grow

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IPC has announced that the North American PCB shipments in June 2021 were up by 6.3 percent compared to the same month last year. Compared to the preceding month, June shipments grew 17.3 percent. These findings are from the North American Printed Circuit Board (PCB) Statistical Program published by IPC.

PCB bookings in June rose 19.4 percent year-over-year. Bookings in June increased 28.9 percent from the previous month.

“We saw strong PCB orders in June, outstripping any month since early 2006. The electronics supply remains constrained and companies continue to look for any available capacity,” said Shawn DuBravac, IPC’s chief economist. “Shipments also picked up strongly during the month, suggesting some disruptions are starting to improve and companies are increasingly able to fulfill incoming orders.

The book-to-bill ratio stands at 1.15 in North America. 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.