France: Data Storage Device Market 2024

Data Storage Device Market Size in France

The French data storage device market shrank markedly to $X in 2022, which is down by -35.2% against the previous year. In general, consumption showed a abrupt decrease. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Data Storage Device Production in France

In value terms, data storage device production dropped significantly to $X in 2022 estimated in export price. Over the period under review, production showed a precipitous decrease. The pace of growth appeared the most rapid in 2015 when the production volume increased by 38%. Data storage device production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Data Storage Device Exports

Exports from France

After three years of growth, shipments abroad of data storage devices decreased by -22.1% to X units in 2022. In general, exports saw a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 216% against the previous year. The exports peaked at X units in 2021, and then dropped remarkably in the following year.

In value terms, data storage device exports declined rapidly to $X in 2022. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 when exports increased by 30% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), Italy (X units) and the UK (X units) were the main destinations of data storage device exports from France, with a combined 46% share of total exports. Spain, the Czech Republic, the Netherlands, Poland, Belgium, Portugal, Algeria and Switzerland lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +12.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for data storage devices exports from France, comprising 20% of total exports. The second position in the ranking was held by the UK ($X), with an 8.7% share of total exports. It was followed by Spain, with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-4.9% per year) and Spain (-1.2% per year).

Export Prices by Country

The average data storage device export price stood at $X per unit in 2022, dropping by -4.4% against the previous year. Over the period under review, the export price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2015 an increase of 56% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Data Storage Device Imports

Imports into France

In 2022, overseas purchases of data storage devices decreased by -21% to X units, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt setback. The growth pace was the most rapid in 2017 with an increase of 9.1%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, data storage device imports fell to $X in 2022. In general, imports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 9.3%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), China (X units) and the Netherlands (X units) were the main suppliers of data storage device imports to France, together accounting for 55% of total imports. Taiwan (Chinese), Thailand, Italy, the Czech Republic, Singapore, the UK and Tunisia lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +38.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and China ($X) constituted the largest data storage device suppliers to France, with a combined 42% share of total imports. Thailand, the Czech Republic, Taiwan (Chinese), Italy, the UK, Singapore and Tunisia lagged somewhat behind, together comprising a further 18%.

Among the main suppliers, Italy, with a CAGR of +27.1%, recorded 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

In 2022, the average data storage device import price amounted to $X per unit, increasing by 14% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2021 an increase of 16% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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