The Semiconductor Industry Association (SIA) announced global semiconductor industry sales were $45.5 billion during the month of November 2022, a decrease of 2.9% compared to the October 2022 total of $46.9 billion and 9.2% less than the November 2021 total of $50.0 billion. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.
Regionally, year-to-year sales increased in November in the Americas (5.2%), Europe (4.5%), and Japan (1.2%), but decreased in Asia Pacific/All Other (-13.9%) and China (-21.2%). Month-to-month sales were down across all regions: Europe (-1.0%), Japan (-1.2%), the Americas (-1.4%), Asia Pacific/All Other (-3.0%), and China (-5.3%).
Additionally, a recent World Semiconductor Trade Statistics Organization (WSTS) industry forecast—endorsed by SIA—projects annual global sales will increase 4.4% in 2022 and decrease 4.1% in 2023. The forecast projects the industry’s worldwide sales will be $580.1 billion in 2022, up from the 2021 sales total of $555.9 billion. In 2023, global sales are projected to reach $556.5 billion. WSTS tabulates its semi-annual industry forecast by gathering input from an extensive group of global semiconductor companies that provide accurate and timely indicators of semiconductor trends.