Netherlands: Electronic Chip Market 2024

Electronic Chip Market Size in the Netherlands

In 2023, the Dutch electronic chip market increased by X% to $X, rising for the third year in a row after two years of decline. In general, consumption enjoyed a remarkable increase. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2023, consumption failed to regain momentum.

Electronic Chip Production in the Netherlands

In value terms, electronic chip production surged to $X in 2023 estimated in export price. Over the period under review, production continues to indicate prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2023, production growth failed to regain momentum.

Electronic Chip Exports

Exports from the Netherlands

For the eighth year in a row, the Netherlands recorded growth in overseas shipments of electronic chips, which increased by X% to X units in 2023. Over the period under review, exports saw a prominent expansion. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked in 2023 and are expected to retain growth in the near future.

In value terms, electronic chip exports rose to $X in 2023. Overall, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2023 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X units), Poland (X units) and the Czech Republic (X units) were the main destinations of electronic chip exports from the Netherlands, together comprising X% of total exports. Hungary, China, Italy, France, the United States, the UK, Romania, Finland, Spain and Sweden lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Poland ($X) and the Czech Republic ($X) constituted the largest markets for electronic chip exported from the Netherlands worldwide, together comprising X% of total exports.

The Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electronic chip export price stood at $X per unit in 2023, declining by X% against the previous year. Over the period under review, the export price, however, continues to indicate temperate growth. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. The export price peaked at $X per unit in 2019; however, from 2020 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (X%), while the prices for the other major destinations experienced a decline.

Electronic Chip Imports

Imports into the Netherlands

For the third year in a row, the Netherlands recorded decline in purchases abroad of electronic chips, which decreased by X% to X units in 2023. Over the period under review, imports, however, recorded a resilient expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2023, the growth of imports remained at a lower figure.

In value terms, electronic chip imports dropped to $X in 2023. In general, imports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2022, and then declined in the following year.

Imports by Country

The United States (X units), Germany (X units) and Taiwan (Chinese) (X units) were the main suppliers of electronic chip imports to the Netherlands, with a combined X% share of total imports. China, Malaysia, the Philippines, Vietnam, France, Thailand, Japan, South Korea, the UK and Singapore lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electronic chip suppliers to the Netherlands were Malaysia ($X), Taiwan (Chinese) ($X) and Vietnam ($X), together comprising X% of total imports.

In terms of the main suppliers, Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to 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 electronic chip import price stood at $X per unit in 2023, jumping by X% against the previous year. In general, the import price showed a resilient increase. The pace of growth appeared the most rapid in 2017 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2018 to 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform