Switzerland: Memories Market 2024

Memories Market Size in Switzerland

The Swiss memories market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, the total consumption indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Memories Exports

Exports from Switzerland

In 2021, after three years of growth, there was significant decline in overseas shipments of multichip integrated circuits: memories, when their volume decreased by -26.5% to X units. In general, exports, however, showed a temperate expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 97%. Over the period under review, the exports attained the peak figure at X units in 2020, and then declined significantly in the following year.

In value terms, memories exports reduced slightly to $X in 2021. Overall, exports, however, continue to indicate a notable expansion. The growth pace was the most rapid in 2018 with an increase of 92% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Romania (X units), Germany (X units) and Thailand (X units) were the main destinations of memories exports from Switzerland, together accounting for 88% of total exports.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +54.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Romania ($X) and Thailand ($X) appeared to be the largest markets for memories exported from Switzerland worldwide, together comprising 61% of total exports.

Among the main countries of destination, Romania, with a CAGR of +31.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average memories export price stood at $X per unit in 2021, picking up by 33% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 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 Thailand ($X per unit), while the average price for exports to Romania ($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 Thailand (+14.6%), while the prices for the other major destinations experienced a decline.

Memories Imports

Imports into Switzerland

Memories imports into Switzerland soared to X units in 2021, growing by 43% against the previous year's figure. In general, total imports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +44.6% against 2019 indices. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, memories imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Thailand (X units), Taiwan (Chinese) (X units) and China (X units) were the main suppliers of memories imports to Switzerland, together accounting for 56% of total imports. Singapore, the Philippines, Germany, France, the United States, the Netherlands and Malaysia lagged somewhat behind, together comprising a further 38%.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +21.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest memories suppliers to Switzerland were Taiwan (Chinese) ($X), Germany ($X) and China ($X), with a combined 55% share of total imports. Thailand, Singapore, the Philippines, the United States, France, Malaysia and the Netherlands lagged somewhat behind, together comprising a further 33%.

Singapore, with a CAGR of +19.5%, 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 2021, the average memories import price amounted to $X per unit, remaining stable against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 32% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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