European semiconductor market hits highest-ever annual total

6th February 2023
Sheryl Miles

The European Semiconductor Industry Association (ESIA) has announced that yearly semiconductor sales in the European market reached the record figure of $53.809 billion in 2022, a 12.3% increase versus the year 2021.

Global semiconductor sales in 2022 amounted to $573.477 billion, a 3.2% increase from 2021. All figures are compiled by the World Semiconductor Trade Statistics (WSTS) and represent a three-month rolling average unless otherwise indicated.

Looking at month-to-month developments, European semiconductor sales in December amounted to €4.442 billion, or a 3.3% increase versus the year before. The main drivers of the December’s growth were the total MOS micro-component and total analogue product categories. Sales of application-specific chips grew steadily in December, with automotive performing particularly well.

In 2022 overall, the effects of exchange rates on the European sales picture amounted to a growth difference of 13.8%. Measured in Euros in total year 2022, the market increased by 26.5% versus 2021 and amounted to €51.128 billion.

In December 2022, exchange rate effects were less visible compared to November. Measured in Euros, semiconductor sales were €4.346 billion in December 2022, down 2.7% versus the previous month and up 15.6% versus the same month a year ago.

Monthly European semiconductor sales

(3-month-average data, except YTD growth which is calculated based on current month data)


Semiconductor sales worldwide and in Europe (in US Dollars)


On a 12/12 basis, i.e. on the basis of the percent change of a 12-month period compared to a similar period twelve months before)

Monthly European semiconductor sales development (in Euros)


3/12 = Percent change of a three-month period compared to a similar period twelve months before

12/12 = Percent change of a twelve-month period compared to a similar period twelve months before

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