U.S. - Data Storage Devices - Market Analysis, Forecast, Size, Trends and Insights
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View PricingData Storage Device Price in the United States - 2023
Contents:
- Data Storage Device Price in the United States (CIF) - 2023
- Data Storage Device Price in the United States (FOB) - 2023
- Data Storage Device Imports in the United States
- Data Storage Device Exports in the United States
Data Storage Device Price in the United States (CIF) - 2023
In September 2023, the average data storage device import price amounted to $173 per unit, falling by -6.3% against the previous month. Over the period under review, the import price recorded a pronounced shrinkage. The pace of growth was the most pronounced in April 2023 when the average import price increased by 9.7% month-to-month. Over the period under review, average import prices attained the maximum at $250 per unit in October 2022; however, from November 2022 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Thailand ($136 per unit), while the price for Malaysia ($56.4 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced a decline.
Data Storage Device Price in the United States (FOB) - 2023
The average data storage device export price stood at $185 per unit in September 2023, which is down by -5.3% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 27% against the previous month. The export price peaked at $314 per unit in January 2023; however, from February 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Singapore ($609 per unit), while the average price for exports to Hong Kong SAR ($47.6 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Data Storage Device Imports in the United States
In 2022, supplies from abroad of data storage devices decreased by -16.2% to 56M units, falling for the second consecutive year after two years of growth. Overall, imports showed a perceptible shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 2.7% against the previous year. As a result, imports attained the peak of 67M units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, data storage device imports totaled $11B in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Data Storage Device in the United States (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 4.4 | 5.8 | 6.4 | 6.9 | 16.2% |
| Philippines | 0.7 | 0.7 | 1.0 | 1.0 | 12.6% |
| Taiwan (Chinese) | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| China | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
| Malaysia | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | 1.3 | 1.4 | 2.2 | 2.4 | 22.7% |
| Total | 7.2 | 8.6 | 10.4 | 11.0 | 15.2% |
Top Suppliers of Data Storage Device to the United States in 2022:
- Thailand (40.0M units)
- Philippines (6.5M units)
- China (4.7M units)
- Taiwan (Chinese) (2.3M units)
- Malaysia (1.4M units)
Data Storage Device Exports in the United States
Data storage device exports from the United States dropped sharply to 21M units in 2022, with a decrease of -19.8% compared with the year before. Overall, exports continue to indicate a abrupt decrease. The smallest decline of -5.2% was in 2021. Over the period under review, the exports reached the maximum at 35M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, data storage device exports rose rapidly to $5.6B in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Data Storage Device in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 2,760 | 2,424 | 1,995 | 2,185 | -7.5% |
| Canada | 532 | 546 | 590 | 628 | 5.7% |
| Czech Republic | 47.3 | 72.3 | 136 | 287 | 82.4% |
| Netherlands | 168 | 285 | 372 | 271 | 17.3% |
| Singapore | 111 | 83.7 | 102 | 224 | 26.4% |
| Brazil | 172 | 179 | 182 | 128 | -9.4% |
| Japan | 113 | 133 | 100 | 115 | 0.6% |
| Hong Kong SAR | 91.3 | 101 | 186 | 93.4 | 0.8% |
| India | 48.7 | 54.8 | 45.6 | 75.0 | 15.5% |
| Vietnam | 21.1 | 45.8 | 38.4 | 63.3 | 44.2% |
| United Arab Emirates | 32.5 | 31.9 | 41.2 | 53.1 | 17.8% |
| Argentina | 45.5 | 54.6 | 59.1 | 48.7 | 2.3% |
| Others | 1,155 | 1,074 | 1,328 | 1,380 | 6.1% |
| Total | 5,298 | 5,085 | 5,177 | 5,550 | 1.6% |
Top Export Markets for Data Storage Device from the United States in 2022:
- Mexico (9.6M units)
- Czech Republic (2.2M units)
- Canada (1.2M units)
- Hong Kong SAR (1.2M units)
- Brazil (0.6M units)
- Vietnam (0.6M units)
- Singapore (0.5M units)
- Netherlands (0.4M units)
- United Arab Emirates (0.4M units)
- India (0.4M units)
- Japan (0.4M units)
- Argentina (0.4M units)
This report provides an in-depth analysis of the data storage device market in the U.S.. 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 26202100 - Storage units
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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