Digital Data Processing Machine Market

The article discusses the projected growth of the global digital data processing machine market from 2022 to 2030, with an expected increase in market volume and value. Consumption, production, imports, and exports trends are examined, with key insights on leading countries and their growth rates. The market experienced fluctuations in consumption, production, and trade volume, with notable increases in certain years. The United Arab Emirates, China, and Mexico emerged as significant players in both imports and exports. Key pricing trends are also highlighted, showcasing fluctuations in export prices over the last decade.

Market Forecast

Driven by rising demand for digital data processing machine worldwide, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +3.2% for the period from 2022 to 2030, which is projected to bring the market volume to 33M units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.4% for the period from 2022 to 2030, which is projected to bring the market value to $45.1B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Digital Data Processing Machines: Presented In The Form Of Systems

Global digital data processing machine consumption contracted to 26M units in 2022, with a decrease of -7.9% compared with the previous year's figure. Over the period under review, consumption continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2017 when the consumption volume increased by 8.5%. Over the period under review, global consumption attained the maximum volume at 34M units in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

The global digital data processing machine market size soared to $34.5B in 2022, increasing by 18% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Global consumption peaked at $36.2B in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (7M units), the United States (4M units) and Japan (1.3M units), together accounting for 47% of global consumption. Canada, the United Arab Emirates, Singapore, Mexico, Turkey, the Netherlands, Brazil, South Korea, Democratic Republic of the Congo and Germany lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by the United Arab Emirates (with a CAGR of +14.3%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, China ($7.4B) led the market, alone. The second position in the ranking was held by the United States ($2.2B). It was followed by Democratic Republic of the Congo.

From 2012 to 2022, the average annual growth rate of value in China totaled +3.1%. The remaining consuming countries recorded the following average annual rates of market growth: the United States (-3.2% per year) and Democratic Republic of the Congo (+0.2% per year).

The countries with the highest levels of digital data processing machine per capita consumption in 2022 were Singapore (152 units per 1000 persons), the United Arab Emirates (88 units per 1000 persons) and the Netherlands (36 units per 1000 persons).

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +13.0%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Digital Data Processing Machines: Presented In The Form Of Systems

In 2022, production of digital data processing machines: presented in the form of systems increased by 1.5% to 30M units, rising for the second consecutive year after two years of decline. Overall, production, however, showed a mild decline. The growth pace was the most rapid in 2017 when the production volume increased by 18%. Over the period under review, global production hit record highs at 35M units in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In value terms, digital data processing machine production shrank to $29.7B in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 27%. As a result, production reached the peak level of $40.5B. From 2014 to 2022, global production growth failed to regain momentum.

Production By Country

The countries with the highest volumes of production in 2022 were China (11M units), Mexico (9M units) and Japan (1.2M units), with a combined 73% share of global production. Poland, Singapore, Taiwan (Chinese), Turkey, Democratic Republic of the Congo, Brazil and Germany lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Taiwan (Chinese) (with a CAGR of +5.2%), while production for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Digital Data Processing Machines: Presented In The Form Of Systems

In 2022, approx. 16M units of digital data processing machines: presented in the form of systems were imported worldwide; dropping by -19.3% compared with the previous year. In general, imports saw a pronounced slump. The pace of growth appeared the most rapid in 2018 when imports increased by 10% against the previous year. Over the period under review, global imports hit record highs at 25M units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, digital data processing machine imports declined to $15.9B in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 15%. Over the period under review, global imports hit record highs at $16.8B in 2021, and then dropped in the following year.

Imports By Country

The United States represented the largest importing country with an import of around 4.8M units, which finished at 31% of total imports. The Netherlands (1,211K units) ranks second in terms of the total imports with a 7.8% share, followed by the United Arab Emirates (6.5%), the UK (5.9%) and Canada (5.5%). Singapore (536K units), Germany (508K units), Colombia (331K units), Indonesia (301K units), India (246K units) and France (243K units) held a little share of total imports.

Imports into the United States decreased at an average annual rate of -3.1% from 2012 to 2022. At the same time, India (+16.3%), the United Arab Emirates (+15.6%), Indonesia (+5.3%) and Canada (+5.1%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +16.3% from 2012-2022. By contrast, Singapore (-1.6%), the Netherlands (-2.7%), Germany (-8.2%), Colombia (-9.8%), the UK (-10.0%) and France (-16.2%) illustrated a downward trend over the same period. The United Arab Emirates (+5.6 p.p.), the United States (+4.2 p.p.) and Canada (+3.4 p.p.) significantly strengthened its position in terms of the global imports, while Germany, Colombia, France and the UK saw its share reduced by -1.5%, -1.6%, -4.2% and -4.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest digital data processing machine importing markets worldwide were the Netherlands ($2.8B), the United States ($2.6B) and Germany ($1.3B), together accounting for 42% of global imports.

The Netherlands, with a CAGR of +13.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

In 2022, the average digital data processing machine import price amounted to $1,018 per unit, with an increase of 17% against the previous year. Over the last decade, it increased at an average annual rate of +4.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($2,923 per unit), while the United Arab Emirates ($256 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.9%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Digital Data Processing Machines: Presented In The Form Of Systems

In 2022, after two years of growth, there was significant decline in overseas shipments of digital data processing machines: presented in the form of systems, when their volume decreased by -5.2% to 19M units. Over the period under review, exports saw a pronounced setback. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. Over the period under review, the global exports hit record highs at 27M units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, digital data processing machine exports expanded slightly to $23.6B in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 28%. Over the period under review, the global exports hit record highs at $23.8B in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports By Country

Mexico was the largest exporter of digital data processing machines: presented in the form of systems in the world, with the volume of exports reaching 8.5M units, which was near 44% of total exports in 2022. It was distantly followed by China (4.6M units) and Poland (1M units), together creating a 29% share of total exports. The following exporters - the United States (740K units), the Netherlands (689K units), the UK (650K units), Singapore (580K units), Germany (466K units) and Taiwan (Chinese) (309K units) - together made up 18% of total exports.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +5.2%), while shipments for the other global leaders experienced mixed trends in the exports figures.

In value terms, Mexico ($8.9B) remains the largest digital data processing machine supplier worldwide, comprising 38% of global exports. The second position in the ranking was taken by China ($3.7B), with a 16% share of global exports. It was followed by Poland, with a 13% share.

In Mexico, digital data processing machine exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: China (-0.5% per year) and Poland (+3.1% per year).

Export Prices By Country

The average digital data processing machine export price stood at $1,230 per unit in 2022, increasing by 8.9% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, digital data processing machine export price decreased by -15.4% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of 32% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,454 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($3,231 per unit), while the UK ($349 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+16.9%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform