Germany: Data Storage Device Market 2024

Data Storage Device Market Size in Germany

For the third year in a row, the German data storage device market recorded decline in sales value, which decreased by -31.2% to $X in 2022. Over the period under review, consumption showed a abrupt slump. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Data Storage Device Production in Germany

In value terms, data storage device production reached $X in 2022 estimated in export price. Over the period under review, production continues to indicate a measured increase. The growth pace was the most rapid in 2015 with an increase of 451%. Data storage device production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Data Storage Device Exports

Exports from Germany

In 2022, approx. X units of data storage devices were exported from Germany; which is down by -21.4% on the previous year. In general, exports saw a perceptible decrease. The most prominent rate of growth was recorded in 2019 with an increase of 10% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, data storage device exports fell significantly to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 13% against the previous year. The exports peaked at $X in 2021, and then reduced rapidly in the following year.

Exports by Country

Poland (X units), the Czech Republic (X units) and the Netherlands (X units) were the main destinations of data storage device exports from Germany, together accounting for 41% of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +21.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), the Netherlands ($X) and Poland ($X) constituted the largest markets for data storage device exported from Germany worldwide, together comprising 47% of total exports.

Poland, with a CAGR of +16.4%, recorded the highest rates of growth with regard to the value of exports, among 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 2022, the average data storage device export price amounted to $X per unit, dropping by -1.8% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, data storage device export price increased by +19.8% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 22% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Turkey ($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 the Czech Republic (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Data Storage Device Imports

Imports into Germany

In 2022, overseas purchases of data storage devices decreased by -25.2% to X units, falling for the third year in a row after two years of growth. In general, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 when imports increased by 16% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, data storage device imports reduced markedly to $X in 2022. Overall, imports showed a pronounced descent. The pace of growth appeared the most rapid in 2021 with an increase of 8.3%. As a result, imports reached the peak of $X, and then dropped notably in the following year.

Imports by Country

In 2022, China (X units) constituted the largest data storage device supplier to Germany, accounting for a 34% share of total imports. Moreover, data storage device imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), twofold. The third position in this ranking was held by South Korea (X units), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+0.5% per year) and South Korea (+36.5% per year).

In value terms, China ($X), South Korea ($X) and Thailand ($X) were the largest data storage device suppliers to Germany, with a combined 54% share of total imports.

South Korea, with a CAGR of +37.2%, saw the highest growth rate of 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

In 2022, the average data storage device import price amounted to $X per unit, approximately equating the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, data storage device import price increased by +21.2% against 2019 indices. The growth pace was the most rapid in 2017 an increase of 21% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Taiwan (Chinese) ($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 Philippines (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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