Israel: Memories Market 2025

Memories Market Size in Israel

In 2021, after two years of decline, there was significant growth in the Israeli memories market, when its value increased by 47% to $X. Over the period under review, consumption, however, recorded a pronounced shrinkage. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Memories Production in Israel

In value terms, memories production dropped to $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 35% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Memories Exports

Exports from Israel

In 2021, overseas shipments of multichip integrated circuits: memories decreased by -81% to X units for the first time since 2017, thus ending a three-year rising trend. In general, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 722%. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, memories exports contracted dramatically to $X in 2021. Overall, exports faced a dramatic curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by 897%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

France (X units), China (X units) and Mexico (X units) were the main destinations of memories exports from Israel, with a combined 94% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +58.6%), while the other leaders experienced mixed trend patterns.

In value terms, China ($X) remains the key foreign market for multichip integrated circuits: memories exports from Israel, comprising 49% of total exports. The second position in the ranking was taken by France ($X), with a 1.4% share of total exports. It was followed by Singapore, with a 0.2% share.

From 2012 to 2021, the average annual growth rate of value to China totaled -19.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+46.3% per year) and Singapore (-51.9% per year).

Export Prices by Country

In 2021, the average memories export price amounted to $X per unit, waning by -23.7% against the previous year. In general, the export price recorded a noticeable contraction. The most prominent rate of growth was recorded in 2015 an increase of 25%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Mexico (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+14.1%), while the prices for the other major destinations experienced a decline.

Memories Imports

Imports into Israel

In 2021, the amount of multichip integrated circuits: memories imported into Israel soared to X units, picking up by 105% on the previous year's figure. Over the period under review, imports saw strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, memories imports skyrocketed to $X in 2021. Overall, imports showed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Singapore (X units), China (X units) and Hong Kong SAR (X units) were the main suppliers of memories imports to Israel, with a combined 66% share of total imports. Taiwan (Chinese), Hungary, the Netherlands, France, the United States and the UK lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +61.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), China ($X) and Hong Kong SAR ($X) were the largest memories suppliers to Israel, together accounting for 39% of total imports. These countries were followed by the United States, Germany, the UK, Singapore, the Netherlands, France and Hungary, which together accounted for a further 19%.

The UK, with a CAGR of +50.5%, recorded the highest growth rate of the value of imports, in terms of 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 2021, the average memories import price amounted to $X per unit, reducing by -4.5% against the previous year. In general, the import price saw a mild descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by 22%. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+44.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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