Luxembourg: Memories Market 2025

Memories Market Size in Luxembourg

In 2021, the Luxembourg memories market increased by 53% to $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption, however, recorded a abrupt setback. 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.

Memories Production in Luxembourg

In value terms, memories production stood at $X in 2021 estimated in export price. In general, production, however, showed a abrupt descent. The pace of growth was the most pronounced in 2017 when the production volume increased by 21% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Memories Exports

Exports from Luxembourg

In 2021, the amount of multichip integrated circuits: memories exported from Luxembourg declined sharply to X units, reducing by -64.1% on 2020 figures. In general, exports continue to indicate a sharp decrease. The pace of growth was the most pronounced in 2020 when exports increased by 46%. 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 soared to $X in 2021. Over the period under review, exports, however, enjoyed tangible growth. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Belgium (X units) was the main destination for memories exports from Luxembourg, with a 79% share of total exports. Moreover, memories exports to Belgium exceeded the volume sent to the second major destination, the Netherlands (X units), sevenfold. France (X units) ranked third in terms of total exports with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium amounted to -26.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-17.0% per year) and France (-35.3% per year).

In value terms, Belgium ($X) emerged as the key foreign market for multichip integrated circuits: memories exports from Luxembourg, comprising 64% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 12% share of total exports. It was followed by Germany, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium amounted to +13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+16.9% per year) and Germany (-1.4% per year).

Export Prices by Country

In 2021, the average memories export price amounted to $X per unit, picking up by 549% against the previous year. In general, the export price continues to indicate significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Belgium ($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 Austria (+69.1%), while the prices for the other major destinations experienced more modest paces of growth.

Memories Imports

Imports into Luxembourg

In 2021, approx. X units of multichip integrated circuits: memories were imported into Luxembourg; increasing by 894% compared with 2020. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, memories imports soared to $X in 2021. In general, total imports indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Belgium (X units) constituted the largest supplier of memories to Luxembourg, with a 88% share of total imports. Moreover, memories imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. Japan (X units) ranked third in terms of total imports with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium amounted to +49.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+16.9% per year) and Japan (+26.2% per year).

In value terms, Belgium ($X) constituted the largest supplier of multichip integrated circuits: memories to Luxembourg, comprising 60% of total imports. The second position in the ranking was taken by Japan ($X), with a 14% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Belgium totaled +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+0.9% per year) and Germany (+1.7% per year).

Import Prices by Country

In 2021, the average memories import price amounted to $X per unit, which is down by -83.6% against the previous year. In general, the import price faced a sharp descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 268% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Belgium ($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 Netherlands (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :