Europe: Memories Market 2024

Memories Market Size in Europe

In 2023, the Europe memories market was finally on the rise to reach $X for the first time since 2017, thus ending a five-year declining trend. In general, consumption, however, saw a abrupt slump. The level of consumption peaked at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Memories Production in Europe

In value terms, memories production soared to $X in 2023 estimated in export price. Overall, production, however, recorded a deep setback. The level of production peaked at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

Memories Exports

Exports in Europe

After three years of growth, overseas shipments of multichip integrated circuits: memories decreased by X% to X units in 2023. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2022, and then reduced in the following year.

In value terms, memories exports dropped to $X in 2023. Total exports indicated temperate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2022, and then reduced in the following year.

Exports by Country

Germany represented the main exporting country with an export of about X units, which amounted to X% of total exports. France (X units) ranks second in terms of the total exports with an X% share, followed by the Netherlands (X%).

Germany was also the fastest-growing in terms of the multichip integrated circuits: memories exports, with a CAGR of X% from 2012 to 2023. At the same time, the Netherlands (X%) displayed positive paces of growth. By contrast, France (X%) illustrated a downward trend over the same period. Germany (X p.p.) significantly strengthened its position in terms of the total exports, while France saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

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

Export Prices by Country

In 2023, the export price in Europe amounted to $X per unit, with an increase of X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per unit in 2013; afterwards, it flattened through to 2023.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Germany ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced mixed trends in the export price figures.

Memories Imports

Imports in Europe

In 2023, after two years of growth, there was decline in supplies from abroad of multichip integrated circuits: memories, when their volume decreased by X% to X units. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

In value terms, memories imports contracted to $X in 2023. Total imports indicated tangible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Germany (X units), distantly followed by France (X units), Italy (X units), Poland (X units) and Russia (X units) were the key importers of multichip integrated circuits: memories, together comprising X% of total imports. The Netherlands (X units) and Hungary (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Russia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest memories importing markets in Europe were Germany ($X), the Netherlands ($X) and France ($X), with a combined X% share of total imports.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per unit in 2023, reducing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2023, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform