European semiconductor sales up 31.2% year-on-year

European semiconductor sales in May 2021 reached $3.777bn, an increase of 31.2% compared to the May 2020 sales, the European Semiconductor Industry Association (ESIA) reported based on World Semiconductor Trade Statistics (WSTS) data.

These results confirm the strong growth recorded in Europe in the previous months. All growth figures represent a three-month rolling average.

On a worldwide basis, semiconductor sales in May 2021 were $43.614bn, or a 26% year-on-year growth, with Europe experiencing the biggest percentage increase. On a monthly basis, global sales were up 4.1% from April.

The main drivers of May’s sales in Europe as compared to April were analog semiconductor devices (+2.1% versus the previous month), sensors (+1.9%), and discrete components (+1.8%).

Looking at worldwide sales of application-specific semiconductors, steady growth was observed across the end-use segments, led by sales in automotive, wired communication and consumer.

When comparing market growth in Euros and in Dollars, exchange-rate effects in May remained stable versus the previous month. Measured in Euro, semiconductor sales were €3.146bn in May 2021, up 0.9% from the previous month and an increase of 19.8% from the same month a year ago. On a year-to-date (YTD) basis, semiconductor sales increased by 10.0%.

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