U.S.: Computer Storage Device Market 2024

Computer Storage Device Market Size in the U.S.

After three years of growth, the U.S. computer storage device market decreased by X% to $X in 2023. In general, consumption recorded a abrupt descent. Computer storage device consumption peaked at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.

Computer Storage Device Production in the U.S.

In value terms, computer storage device production amounted to $X in 2023. Over the period under review, production, however, showed a deep reduction. The growth pace was the most rapid in 2019 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Computer Storage Device Exports

Exports from the U.S.

After three years of decline, overseas shipments of computer storage devices increased by X% to X units in 2023. Overall, exports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

In value terms, computer storage device exports fell to $X in 2023. In general, exports, however, saw a slight contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X units) was the main destination for computer storage device exports from the United States, accounting for a X% share of total exports. Moreover, computer storage device exports to Mexico exceeded the volume sent to the second major destination, Hong Kong SAR (X units), twofold. Canada (X units) ranked third in terms of total exports with a X% share.

From 2013 to 2023, the average annual growth rate of volume to Mexico stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Canada (X% per year).

In value terms, Mexico ($X) remains the key foreign market for computer storage devices exports from the United States, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2013 to 2023, the average annual rate of growth in terms of value to Mexico totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2023, the average computer storage device export price amounted to $X per unit, reducing by X% against the previous year. In general, export price indicated a pronounced expansion from 2013 to 2023: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, computer storage device export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2022 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit, and then declined in the following year.

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

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (X%), while the prices for the other major destinations experienced more modest paces of growth.

Computer Storage Device Imports

Imports into the U.S.

Computer storage device imports into the United States reduced dramatically to X units in 2023, declining by X% against 2022. In general, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at X units in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, computer storage device imports shrank rapidly to $X in 2023. Overall, imports showed a pronounced slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Thailand (X units) constituted the largest supplier of computer storage device to the United States, accounting for a X% share of total imports. Moreover, computer storage device imports from Thailand exceeded the figures recorded by the second-largest supplier, the Philippines (X units), sixfold. The third position in this ranking was taken by China (X units), with a X% share.

From 2013 to 2023, the average annual growth rate of volume from Thailand amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and China (X% per year).

In value terms, Thailand ($X) constituted the largest supplier of computer storage devices to the United States, comprising X% of total imports. The second position in the ranking was taken by the Philippines ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2013 to 2023, the average annual rate of growth in terms of value from Thailand was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and Taiwan (Chinese) (X% per year).

Import Prices by Country

The average computer storage device import price stood at $X per unit in 2023, almost unchanged from the previous year. Overall, the import price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum in 2023 and is expected to retain growth in the immediate term.

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

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform