EU: Magnetic Media Market 2024

Magnetic Media Market Size in the EU

After three years of decline, the EU magnetic media market increased by 43% to $X in 2021. Over the period under review, consumption, however, showed a perceptible shrinkage. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Magnetic Media Production in the EU

In value terms, magnetic media production surged to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a deep slump. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Magnetic Media Exports

Exports in the EU

In 2021, overseas shipments of magnetic media, not recorded, except cards with a magnetic stripe increased by 58% to X units for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports, however, recorded a deep reduction. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, magnetic media exports reached $X in 2021. Overall, exports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 8.8%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Poland (X units) represented the key exporter of magnetic media, not recorded, except cards with a magnetic stripe, creating 34% of total exports. Germany (X units) ranks second in terms of the total exports with a 16% share, followed by France (13%), the Czech Republic (12%), the Netherlands (8.9%) and Spain (5.3%). Italy (X units) followed a long way behind the leaders.

Poland was also the fastest-growing in terms of the magnetic media, not recorded, except cards with a magnetic stripe exports, with a CAGR of +33.9% from 2012 to 2021. At the same time, the Czech Republic (+21.1%) displayed positive paces of growth. Spain experienced a relatively flat trend pattern. By contrast, Italy (-9.5%), France (-11.7%), the Netherlands (-14.6%) and Germany (-19.7%) illustrated a downward trend over the same period. Poland (+32 p.p.), the Czech Republic (+11 p.p.) and Spain (+3.2 p.p.) significantly strengthened its position in terms of the total exports, while France, the Netherlands and Germany saw its share reduced by -3.9%, -6.8% and -33.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X), Germany ($X) and Poland ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 55% share of total exports.

Poland, with a CAGR of +20.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per unit, waning by -34.4% against the previous year. Over the period under review, the export price saw a perceptible setback. The most prominent rate of growth was recorded in 2015 when the export price increased by 30%. Over the period under review, the export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+4.5%), while the other leaders experienced mixed trends in the export price figures.

Magnetic Media Imports

Imports in the EU

In 2021, overseas purchases of magnetic media, not recorded, except cards with a magnetic stripe increased by 22% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports, however, recorded a pronounced slump. The growth pace was the most rapid in 2020 when imports increased by 24%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, magnetic media imports fell modestly to $X in 2021. In general, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 28%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Spain was the main importing country with an import of around X units, which amounted to 41% of total imports. France (X units) held a 12% share (based on physical terms) of total imports, which put it in second place, followed by Poland (11%), Germany (11%), Italy (7.1%) and the Czech Republic (5.3%). Belgium (X units) followed a long way behind the leaders.

Spain was also the fastest-growing in terms of the magnetic media, not recorded, except cards with a magnetic stripe imports, with a CAGR of +17.8% from 2012 to 2021. At the same time, the Czech Republic (+17.4%), Poland (+13.4%) and France (+5.9%) displayed positive paces of growth. Italy experienced a relatively flat trend pattern. By contrast, Belgium (-10.2%) and Germany (-16.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Spain, Poland, France, the Czech Republic and Italy increased by +34, +8.6, +6.8, +4.4 and +2 percentage points, respectively.

In value terms, the largest magnetic media importing markets in the European Union were Italy ($X), Spain ($X) and Germany ($X), together accounting for 48% of total imports. France, the Czech Republic, Poland and Belgium lagged somewhat behind, together comprising a further 37%.

In terms of the main importing countries, the Czech Republic, with a CAGR of +12.3%, 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 the European Union stood at $X per unit in 2021, which is down by -21.6% against the previous year. Over the period under review, the import price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2017 an increase of 18%. Over the period under review, import prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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