Ukraine: Memories Market 2024

Memories Market Size in Ukraine

In 2021, after three years of decline, there was significant growth in the Ukrainian memories market, when its value increased by 71% to $X. In general, consumption, however, recorded a deep reduction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Memories Exports

Exports from Ukraine

In 2021, overseas shipments of multichip integrated circuits: memories increased by 0.3% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, saw a noticeable decline. The growth pace was the most rapid in 2018 when exports increased by 110% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, memories exports fell markedly to $X in 2021. Over the period under review, exports, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2018 when exports increased by 138% 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

Hong Kong SAR (X units), Hungary (X units) and the UK (X units) were the main destinations of memories exports from Ukraine, together accounting for 91% of total exports. Poland, the United Arab Emirates and Estonia lagged somewhat behind, together accounting for a further 5.9%.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +203.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), Hungary ($X) and the UK ($X) constituted the largest markets for memories exported from Ukraine worldwide, together accounting for 89% of total exports. The United Arab Emirates, Estonia and Poland lagged somewhat behind, together comprising a further 6.8%.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of +204.6%, recorded the highest growth rate of 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

In 2021, the average memories export price amounted to $X per unit, declining by -17.1% against the previous year. Overall, the export price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2017 an increase of 44% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 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 Estonia ($X per unit), while the average price for exports to Poland ($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 India (+32.9%), while the prices for the other major destinations experienced more modest paces of growth.

Memories Imports

Imports into Ukraine

In 2021, overseas purchases of multichip integrated circuits: memories increased by 48% to X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports, however, saw a abrupt contraction. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, memories imports surged to $X in 2021. In general, imports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2017 when imports increased by 70%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Taiwan (Chinese) (X units), China (X units) and Thailand (X units) were the main suppliers of memories imports to Ukraine, with a combined 76% share of total imports. The Philippines, South Korea, Hong Kong SAR, Japan, the United States, Malaysia and Singapore lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2021, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +38.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X) constituted the largest supplier of multichip integrated circuits: memories to Ukraine, comprising 50% of total imports. The second position in the ranking was taken by China ($X), with a 20% share of total imports. It was followed by South Korea, with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Taiwan (Chinese) totaled +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-7.1% per year) and South Korea (-29.0% per year).

Import Prices by Country

The average memories import price stood at $X per unit in 2021, surging by 12% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 44% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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 South Korea ($X per unit), while the price for Thailand ($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 (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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