South-Eastern Asia: Memories Market 2024

Memories Market Size in South-Eastern Asia

The Southeast Asian memories market skyrocketed to $X in 2023, jumping by X% against the previous year. Over the period under review, consumption continues to indicate a resilient expansion. As a result, consumption attained the peak level of $X. From 2018 to 2023, the growth of the market remained at a lower figure.

Memories Production in South-Eastern Asia

In value terms, memories production rose remarkably to $X in 2023 estimated in export price. Overall, production posted moderate growth. The growth pace was the most rapid in 2021 with an increase of X%. The level of production peaked at $X in 2017; however, from 2018 to 2023, production stood at a somewhat lower figure.

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Memories Exports

Exports in South-Eastern Asia

After two years of growth, overseas shipments of multichip integrated circuits: memories decreased by X% to X units in 2023. Overall, exports, however, showed a tangible increase. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2022, and then shrank remarkably in the following year.

In value terms, memories exports shrank significantly to $X in 2023. In general, exports, however, recorded a measured expansion. The growth pace was the most rapid in 2017 with an increase of X%. The level of export peaked at $X in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

Exports by Country

Singapore prevails in exports structure, amounting to X units, which was approx. X% of total exports in 2023. Malaysia (X units) held the second position in the ranking, followed by the Philippines (X units). All these countries together held near X% share of total exports. Thailand (X units) held a little share of total exports.

Exports from Singapore increased at an average annual rate of X% from 2012 to 2023. At the same time, the Philippines (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2023. By contrast, Thailand (X%) and Malaysia (X%) illustrated a downward trend over the same period. Singapore (X p.p.) and the Philippines (X p.p.) significantly strengthened its position in terms of the total exports, while Thailand and Malaysia saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, the largest memories supplying countries in South-Eastern Asia were Singapore ($X), Malaysia ($X) and the Philippines ($X), together comprising X% of total exports.

Among the main exporting countries, the Philippines, 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

The export price in South-Eastern Asia stood at $X per unit in 2023, dropping by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The level of export peaked at $X per unit in 2020; however, from 2021 to 2023, the export prices stood at a somewhat lower figure.

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 Malaysia ($X per unit), while Singapore ($X per unit) was amongst the lowest.

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

Memories Imports

Imports in South-Eastern Asia

In 2023, imports of multichip integrated circuits: memories in South-Eastern Asia shrank dramatically to X units, with a decrease of X% on the previous year's figure. Over the period under review, imports, however, posted a pronounced increase. 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 maximum at X units in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, memories imports contracted significantly to $X in 2023. In general, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Singapore (X units) represented the main importer of multichip integrated circuits: memories, comprising X% of total imports. Malaysia (X units) took the second position in the ranking, distantly followed by Vietnam (X units). All these countries together held approx. X% share of total imports. The following importers - Thailand (X units) and Indonesia (X units) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Vietnam (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 South-Eastern Asia were Malaysia ($X), Singapore ($X) and Vietnam ($X), together accounting for X% of total imports.

Among the main importing countries, Malaysia, with a CAGR of X%, saw the highest rates of growth with regard to 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

The import price in South-Eastern Asia stood at $X per unit in 2023, rising by X% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2020 when the import price increased by X%. The level of import peaked in 2023 and is expected to retain growth in the immediate term.

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 Malaysia ($X per unit), while Singapore ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform