Storage Unit Market

Storage unit market: download new statistics enhanced by an Ai-driven BI platform. Facts and figures cover consumption, exports, production, market size, companies, trade, market prices, and imports. There is a split by country, including the U.S., the Middle East, the U.K., China, EU, Latin America, Russia, and Africa. Market trends and forecast to 2030 are also featured in the snapshots.


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Storage Unit - World's Largest Markets

RatingCountry
1China
2United States
3Paraguay

In value terms, China, the United States and Paraguay constituted the countries with the highest levels of market value in 2020, together accounting for 38% of the global market.

The United States saw the highest growth rate of market size, in terms of the main consuming countries over the period under review, while storage unit market for the other global leaders experienced a decline in the market figures.

Storage Unit Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
Taiwan (Chinese)504322-33.1%
Malaysia424141-1.2%
China756364-8.1%
Hong Kong SAR57637211.8%
Thailand6872754.9%
Germany947876-10.0%
South Korea927780-6.8%
Singapore14412692-20.2%
Philippines596013048.1%
Netherlands1481511593.4%
United States1851521880.9%
Average7875833.2%

Prices varied noticeably by the country of origin; the country with the highest price was the United States ($188 per unit), while Taiwan (Chinese) ($22 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Philippines, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
China876776-6.5%
Hong Kong SAR6162664.3%
Paraguay0.020.008396898592820.00696653444664-34.0%
Average11101619.4%

Prices varied noticeably by the country of destination; the country with the highest price was China ($76 per unit), while Paraguay ($0 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other global leaders experienced a decline in the import price figures.

Storage Unit - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
China11192141.5%
Hong Kong SAR7.976.4-10.0%
Paraguay0.090.050.03-46.0%

In value terms, China ($21.2B) constitutes the largest market for imported storage units worldwide, comprising 28% of global imports. The second position in the ranking was occupied by Hong Kong SAR ($6.4B), with a 8.6% share of global imports.

From 2018 to 2020, the average annual rate of growth in terms of value in China stood at +41.5%. In the other countries, the average annual rates were as follows: Hong Kong SAR (-10.0% per year) and Paraguay (-46.0% per year).

Storage Unit - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
China181717-1.4%
Thailand212211-26.7%
Hong Kong SAR6.96.66.90.5%
United States6.15.35.1-8.6%
South Korea5.24.24.3-8.6%

In value terms, the largest storage unit supplying countries worldwide were China ($17.3B), Thailand ($11.1B) and Hong Kong SAR ($6.9B), together comprising 50% of global exports. The United States, South Korea, the Netherlands, the Philippines, Germany, Singapore, Malaysia and Taiwan (Chinese) lagged somewhat behind, together comprising a further 33%.

In terms of the main exporting countries, the Netherlands recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.

Storage Unit - Market Forecast

Depressed by shrinking demand for storage unit worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Storage Unit - Top Companies

EMC Corporation, Western Digital Corporation, EMC International Holdings, Inc., Seagate Technology (us) Holdings, Inc., Seagate Technology LLC, Netapp, Inc., Western Digital Technologies, Inc., HEWLETT PACKARD ENTERPRISE SINGAPORE PTE. LTD., Tsinghua Tongfang Co.,Ltd., SEAGATE TECHNOLOGY (THAILAND) LIMITED, HGST (THAILAND) LIMITED, INTEL PRODUCTS (M) SDN. BHD., HGST SINGAPORE PTE. LTD., Hitachi Vantara Corporation, Sandisk LLC, SEAGATE TECHNOLOGY INTERNATIONAL, Pure Storage, Inc., FUHONG PRECISION COMPONENT(BAC GIANG) LIMITED, Hgst, Inc., HGST PHILIPPINES CORP.

Storage Unit - Product Coverage

  • HS 847170 - Units of automatic data processing machines; storage units
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World - Central Storage Units - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean - Central Storage Units - Market Analysis, Forecast, Size, Trends and Insights
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Eastern Asia - Central Storage Units - Market Analysis, Forecast, Size, Trends and Insights
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Australia and Oceania - Central Storage Units - Market Analysis, Forecast, Size, Trends and Insights
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South-Eastern Asia - Central Storage Units - Market Analysis, Forecast, Size, Trends and Insights
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Northern America - Central Storage Units - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the storage unit market in Northern America.

Middle East - Central Storage Units - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the storage unit market in the Middle East.

Central Asia - Central Storage Units - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the storage unit market in Central Asia.

Southern Asia - Central Storage Units - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the storage unit market in Southern Asia.

Africa - Central Storage Units - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the storage unit market in Africa.

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