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European Semiconductor Sales Up 28.7% in January
April 5, 2022 | ESIAEstimated reading time: Less than a minute
The European Semiconductor Industry Association (ESIA) announced that European sales of semiconductors reached US$ 4.443 billion in January 2022, an increase of 28.7% from the same month one year ago. This represents a 3.4% growth compared to the Decem- ber 2021 total of US$ 4.299 billion and makes Europe the only region exhibiting month-on- month growth in January. On a worldwide basis, semiconductor sales in January 2022 were US$ 50.736 billion, down 0.2% versus the previous month and up 26.8% versus the same month in 2021.
Figures are based on the latest report from the World Semiconductor Trade Statistics (WSTS) and represent a three-month moving average.
The steady growth of the European market in January versus December was supported by growing demand in most product categories, with discretes (+5.9%) sensors (+4.6%), and analog devices (+4.3%) performing particularly well. The memory market in Europe also grew strongly in January (+4.6%).
In January, exchange rate effects on the European sales picture continued to be visible when comparing market growth in Euros and in Dollars. Measured in Euro, semiconductor sales were 3.917 billion Euros in January 2022, up 4.2% versus the previous month and up 36.7% versus the same month a year ago. On a year-to-date (YTD) basis semiconductor sales in- creased by 34.3%.
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