France: Electronic Chip Market 2024

Electronic Chip Market Size in France

The French electronic chip market was finally on the rise to reach $X in 2023, after four years of decline. Overall, consumption, however, continues to indicate a slight decline. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2023, consumption remained at a lower figure.

Electronic Chip Production in France

In value terms, electronic chip production surged to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a pronounced downturn. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

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Electronic Chip Exports

Exports from France

Electronic chip exports from France declined rapidly to X units in 2023, falling by X% against 2022 figures. Overall, exports showed a drastic downturn. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, electronic chip exports reached $X in 2023. In general, total exports indicated a pronounced expansion 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 growth pace was the most rapid in 2022 with an increase of X%. The exports peaked in 2023 and are expected to retain growth in the near future.

Exports by Country

Belgium (X units), Germany (X units) and Singapore (X units) were the main destinations of electronic chip exports from France, with a combined X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electronic chip exported from France were Belgium ($X), Germany ($X) and Singapore ($X), together accounting for X% of total exports.

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

Export Prices by Country

The average electronic chip export price stood at $X per unit in 2023, rising by X% against the previous year. Overall, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, the average export prices attained the peak figure in 2023 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Tunisia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Chip Imports

Imports into France

In 2023, purchases abroad of electronic chips increased by X% to X units, rising for the third consecutive year after two years of decline. Over the period under review, imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked in 2023 and are expected to retain growth in the near future.

In value terms, electronic chip imports contracted to $X in 2023. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2022, and then dropped in the following year.

Imports by Country

In 2023, Germany (X units) constituted the largest electronic chip supplier to France, accounting for a X% share of total imports. Moreover, electronic chip imports from Germany exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), threefold. The third position in this ranking was taken by the Netherlands (X units), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and the Netherlands (X% per year).

In value terms, Taiwan (Chinese) ($X), Germany ($X) and South Korea ($X) appeared to be the largest electronic chip suppliers to France, with a combined X% share of total imports. The Netherlands, Malaysia, the United States, Belgium, the Philippines, China, Thailand, Singapore, Switzerland and Tunisia lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

The average electronic chip import price stood at $X per unit in 2023, declining by X% against the previous year. In general, the import price showed a abrupt decline. The pace of growth was the most pronounced in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Philippines ($X per unit), while the price for Tunisia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform