Netherlands: Data Storage Device Market 2024

Data Storage Device Market Size in the Netherlands

The Dutch data storage device market fell rapidly to $X in 2022, waning by -35.8% against the previous year. Overall, consumption continues to indicate a perceptible decrease. Data storage device consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Data Storage Device Production in the Netherlands

In value terms, data storage device production surged to $X in 2022 estimated in export price. Overall, production continues to indicate a dramatic downturn. The pace of growth was the most pronounced in 2015 with an increase of 211%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Data Storage Device Exports

Exports from the Netherlands

In 2022, the amount of data storage devices exported from the Netherlands shrank markedly to X units, with a decrease of -35% against 2021. Over the period under review, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 64% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, data storage device exports fell rapidly to $X in 2022. Overall, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 43% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units), France (X units) and Italy (X units) were the main destinations of data storage device exports from the Netherlands, together accounting for 28% of total exports. The UK, Belgium, the United States, Spain, Poland, Slovakia, the Czech Republic, Finland, Singapore and Bulgaria lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +14.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for data storage device exported from the Netherlands were the United States ($X), the UK ($X) and Germany ($X), together accounting for 26% of total exports. Belgium, France, Finland, Singapore, Italy, the Czech Republic, Spain, Poland, Slovakia and Bulgaria lagged somewhat behind, together accounting for a further 30%.

Among the main countries of destination, Singapore, with a CAGR of +19.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average data storage device export price stood at $X per unit in 2022, remaining constant against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 19% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Slovakia ($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 Finland (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Data Storage Device Imports

Imports into the Netherlands

Data storage device imports into the Netherlands declined dramatically to X units in 2022, shrinking by -36.4% compared with 2021. Over the period under review, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by 29%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, data storage device imports fell markedly to $X in 2022. In general, imports showed a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, imports attained the peak of $X, and then fell markedly in the following year.

Imports by Country

Thailand (X units), China (X units) and South Korea (X units) were the main suppliers of data storage device imports to the Netherlands, together comprising 44% of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +28.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), the United States ($X) and China ($X) were the largest data storage device suppliers to the Netherlands, together comprising 34% of total imports. Taiwan (Chinese), Hong Kong SAR, South Korea, Germany, the UK, Mexico, Italy, the Czech Republic, Belgium and Finland lagged somewhat behind, together accounting for a further 36%.

In terms of the main suppliers, Hong Kong SAR, with a CAGR of +33.7%, saw the highest growth rate of 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 average data storage device import price stood at $X per unit in 2022, with an increase of 9.8% against the previous year. In general, the import price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 25%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue 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 United States ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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