EU: Data Storage Device Market 2025

Data Storage Device Market Size in the EU

The EU data storage device market dropped remarkably to $X in 2022, declining by -24.1% against the previous year. Over the period under review, consumption continues to indicate a abrupt slump. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Data Storage Device Production in the EU

In value terms, data storage device production contracted dramatically to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Data Storage Device Exports

Exports in the EU

In 2022, shipments abroad of data storage devices decreased by -20.3% to X units, falling for the second year in a row after three years of growth. Over the period under review, exports showed a noticeable reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 17% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, data storage device exports declined to $X in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 16%. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

In 2022, Germany (X units), distantly followed by the Netherlands (X units), the Czech Republic (X units), Poland (X units) and Austria (X units) were the largest exporters of data storage devices, together making up 69% of total exports. Slovakia (X units), France (X units), Ireland (X units), Belgium (X units), Italy (X units), Spain (X units), Latvia (X units) and Sweden (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Latvia (with a CAGR of +24.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest data storage device supplying countries in the European Union were the Netherlands ($X), Ireland ($X) and Germany ($X), with a combined 55% share of total exports. The Czech Republic, Poland, Austria, Slovakia, France, Italy, Spain, Belgium, Sweden and Latvia lagged somewhat behind, together comprising a further 33%.

In terms of the main exporting countries, Latvia, with a CAGR of +25.4%, saw 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 the European Union stood at $X per unit in 2022, increasing by 10% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2017 an increase of 11%. Over the period under review, the export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 (+7.9%), while the other leaders experienced more modest paces of growth.

Data Storage Device Imports

Imports in the EU

In 2022, overseas purchases of data storage devices decreased by -22.8% to X units, falling for the second year in a row after three years of growth. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 6.4% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, data storage device imports contracted notably to $X in 2022. Overall, imports showed a slight decline. The pace of growth appeared the most rapid in 2018 with an increase of 13%. The level of import peaked at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

In 2022, Germany (X units), distantly followed by the Netherlands (X units), the Czech Republic (X units), Poland (X units) and France (X units) represented the key importers of data storage devices, together comprising 67% of total imports. The following importers - Spain (X units), Austria (X units), Hungary (X units), Slovakia (X units), Italy (X units), Belgium (X units), Ireland (X units) and Romania (X units) - together made up 24% of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +13.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest data storage device importing markets in the European Union were Germany ($X), the Netherlands ($X) and the Czech Republic ($X), with a combined 54% share of total imports. Poland, France, Hungary, Ireland, Spain, Italy, Austria, Belgium, Slovakia and Romania lagged somewhat behind, together comprising a further 38%.

Slovakia, with a CAGR of +11.5%, saw the highest rates of growth with regard to the value of imports, among 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 the European Union stood at $X per unit in 2022, rising by 8.7% against the previous year. Over the last decade, it increased at an average annual rate of +4.5%. The pace of growth appeared the most rapid in 2021 an increase of 13% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Ireland ($X per unit), while Romania ($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 (+7.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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