Europe: Data Storage Device Market 2024

Data Storage Device Market Size in Europe

The Europe data storage device market contracted notably to $X in 2022, reducing by X% against the previous year. In general, consumption recorded a deep contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Data Storage Device Production in Europe

In value terms, data storage device production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production recorded prominent growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Data Storage Device Exports

Exports in Europe

In 2022, overseas shipments of data storage devices decreased by X% to X units, falling for the second year in a row after three years of growth. Overall, exports saw a slight decline. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, data storage device exports fell to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Germany (X units) and the Netherlands (X units) represented the major exporters of data storage devices in Europe, together constituting X% of total exports. It was distantly followed by the Czech Republic (X units), the UK (X units) and Poland (X units), together making up a X% share of total exports. Austria (X units), Belgium (X units), Slovakia (X units), Ireland (X units), France (X units), Italy (X units), Spain (X units) and Latvia (X units) took a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Ireland ($X) and Germany ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports. The Czech Republic, Poland, the UK, Austria, Slovakia, France, Belgium, Italy, Spain and Latvia lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Latvia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ireland ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Data Storage Device Imports

Imports in Europe

In 2022, the amount of data storage devices imported in Europe fell sharply to X units, shrinking by X% compared with 2021 figures. Over the period under review, imports saw a perceptible descent. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, data storage device imports dropped to $X in 2022. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then declined in the following year.

Imports by Country

Germany (X units) and the Netherlands (X units) were the largest importers of data storage devices in 2022, accounting for approx. X% and X% of total imports, respectively. The Czech Republic (X units) took the next position in the ranking, followed by the UK (X units), Poland (X units), Ireland (X units) and France (X units). All these countries together took near X% share of total imports. The following importers - Russia (X units), Spain (X units), Austria (X units), Slovakia (X units), Hungary (X units) and Belgium (X units) - each amounted to a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest data storage device importing markets in Europe were the Netherlands ($X), Germany ($X) and the Czech Republic ($X), together comprising X% of total imports. The UK, Poland, France, Hungary, Ireland, Spain, Russia, Belgium, Austria and Slovakia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hungary ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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