Report Update Nov 1, 2024

Turkey - Multichip Integrated Circuits: Memories - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Memories Market 2024

Memories Market Size in Turkey

In 2021, after three years of decline, there was significant growth in the Turkish memories market, when its value increased by 27% to $X. Over the period under review, consumption recorded a pronounced descent. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Memories Exports

Exports from Turkey

In 2021, overseas shipments of multichip integrated circuits: memories increased by 62% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by 138% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, memories exports skyrocketed to $X in 2021. In general, exports, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2018 with an increase of 202% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Egypt (X units), Hong Kong SAR (X units) and the Netherlands (X units) were the main destinations of memories exports from Turkey, with a combined 74% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +48.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) emerged as the key foreign market for multichip integrated circuits: memories exports from Turkey, comprising 31% of total exports. The second position in the ranking was taken by Singapore ($X), with a 13% share of total exports. It was followed by Egypt, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value to Hong Kong SAR stood at +57.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+10.2% per year) and Egypt (+46.8% per year).

Export Prices by Country

The average memories export price stood at $X per unit in 2021, reducing by -4.8% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2020 when the average export price increased by 71%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Egypt ($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 Taiwan (Chinese) (+27.0%), while the prices for the other major destinations experienced more modest paces of growth.

Memories Imports

Imports into Turkey

For the fourth consecutive year, Turkey recorded decline in supplies from abroad of multichip integrated circuits: memories, which decreased by -15.7% to X units in 2021. Overall, imports showed a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of 64% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, memories imports surged to $X in 2021. In general, imports, however, showed a noticeable expansion. The pace of growth was the most pronounced in 2017 when imports increased by 154% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Taiwan (Chinese) (X units), South Korea (X units) and China (X units) were the main suppliers of memories imports to Turkey, together comprising 83% of total imports. These countries were followed by Singapore, Japan, the United Arab Emirates, Thailand, the Philippines and the United States, which together accounted for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +7.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest memories suppliers to Turkey were Taiwan (Chinese) ($X), South Korea ($X) and China ($X), together comprising 79% of total imports.

Taiwan (Chinese), with a CAGR of +14.2%, recorded the highest rates of growth with regard to 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

The average memories import price stood at $X per unit in 2021, increasing by 99.9% against the previous year. In general, the import price recorded a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for multichip integrated circuits: memories in the world?

The country with the largest volume of memories consumption was Hong Kong SAR, comprising approx. 33% of total volume. Moreover, memories consumption in Hong Kong SAR exceeded the figures recorded by the second-largest consumer, China, twofold. The third position in this ranking was occupied by France, with a 6.7% share.

What are the largest producers of multichip integrated circuits: memories in the world?

The countries with the highest volumes of in 2021 were Hong Kong SAR, South Korea and Japan, with a combined 57% share of global production.

What are the leading suppliers of multichip integrated circuits: memories to Turkey?

In value terms, Taiwan Chinese), South Korea and China were the largest memories suppliers to Turkey, with a combined 79% share of total imports.

What are the leading importers of multichip integrated circuits: memories from Turkey?

In value terms, Hong Kong SAR remains the key foreign market for memories exports from Turkey, comprising 31% of total exports. The second position in the ranking was occupied by Singapore, with a 13% share of total exports. It was followed by Egypt, with a 9.1% share.

What is the average export price for multichip integrated circuits: memories in Turkey?

The average memories export price stood at $6.4 per unit in 2021, increasing by 82% against the previous year.

What is the average import price for multichip integrated circuits: memories in Turkey?

In 2021, the average memories import price amounted to $0.9 per unit, reducing by -3.8% against the previous year.

This report provides an in-depth analysis of the memories market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 26113023 - Multichip integrated circuits: memories
Prodcom 26113027 - Electronic integrated circuits (excluding multichip circuits): dynamic random-access memories (D-RAMs)
Prodcom 26113034 - Electronic integrated circuits (excluding multichip circuits): static random-access memories (S-RAMs), including cache random-access memories (cache-RAMs)
Prodcom 26113054 - Electronic integrated circuits (excluding multichip circuits): UV erasable, programmable, read only memories (EPROMs)
Prodcom 26113065 - Electronic integrated circuits (excluding multichip circuits): electrically erasable, programmable, read only memories (E.PROMs), including flash E.PROMs
Prodcom 26113067 - Electronic integrated circuits (excluding multichip circuits): other memories

Country coverage:

Turkey

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Turkey
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023