Germany: Electronic Chip Market 2024

Electronic Chip Market Size in Germany

In 2023, the German electronic chip market decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, recorded a buoyant increase. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2023, consumption remained at a lower figure.

Electronic Chip Production in Germany

In value terms, electronic chip production dropped to $X in 2023 estimated in export price. Overall, the total production indicated a noticeable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2022 when the production volume increased by X%. As a result, production attained the peak level of $X, and then fell in the following year.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Electronic Chip Exports

Exports from Germany

In 2023, approx. X units of electronic chips were exported from Germany; surging by X% compared with the previous year's figure. Over the period under review, total exports indicated a prominent increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2015 indices. The pace of growth was the most pronounced in 2022 with an increase of X%. Over the period under review, the exports reached the peak figure in 2023 and are expected to retain growth in years to come.

In value terms, electronic chip exports reached $X in 2023. In general, total exports indicated strong growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. 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 most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2023 and are likely to see gradual growth in years to come.

Exports by Country

Romania (X units), France (X units) and Hungary (X units) were the main destinations of electronic chip exports from Germany, together comprising X% of total exports.

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

In value terms, the largest markets for electronic chip exported from Germany were the Netherlands ($X), Hungary ($X) and China ($X), with a combined X% share of total exports. Romania, France, Malaysia, Poland, the Czech Republic, Austria, the United States, Italy, Spain and Slovakia lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2023, the average electronic chip export price amounted to $X per unit, growing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while the average price for exports to Italy ($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 Italy (X%), while the prices for the other major destinations experienced a decline.

Electronic Chip Imports

Imports into Germany

Electronic chip imports into Germany contracted to X units in 2023, with a decrease of X% against the previous year. In general, imports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2022, and then reduced in the following year.

In value terms, electronic chip imports expanded markedly to $X in 2023. Overall, imports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2022 with an increase of X%. Imports peaked in 2023 and are expected to retain growth in years to come.

Imports by Country

France (X units), the Netherlands (X units) and Malaysia (X units) were the main suppliers of electronic chip imports to Germany, with a combined X% share of total imports. China, Taiwan (Chinese), Thailand, Belgium, the Philippines, South Korea and the United States lagged somewhat behind, together comprising a further X%.

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

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

Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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, jumping by X% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for France ($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 United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform