The International Distribution of Electronics Association (IDEA) has released its European Electronic Components DTAM (Distributor Total Available Market) trend figures for Q2’08.
According to Adam Fletcher – Vice President – IDEA, both the rate of growth in Q1’08 and decline in Q2’08 is flattening, suggesting a period of stability in the European Electronic Components industry: ‘This is a welcome surprise, given the decline in exchange rates between the US$ and the € euro over the last twelve months’, said Adam Fletcher. ‘Perhaps the European electronic components markets are close to finding a new ‘natural level’ within the global market’.
The release of IDEA’s second quarter figures reveal that European electronic components DTAM is continuing to follow the historic annual trend of a strong Q1 followed by three declining quarters. The Book-to-Bill ratio was close to unity in Q2 confirming that Q3 is likely to follow the historical trend: As is usual, semiconductors are leading the current European Bookings and Billings trend, with a similar pattern being followed by passives, electro-mechs and other products.
Bookings
Total European Distribution Bookings (Net Sales Orders Entered) in Q2 2008 declined by (6.2%) when compared to Q1 2008 and declined by (2.5%) when compared to the same period last year.
Sector specific Bookings changes in Q2’08 compared to the previous quarter were: Semiconductors declined by (7.6%); Passives by (3.7%); whilst Electro-mechs and Other Components declined by (1.1%).
Billings
Total European Distribution Billings (Net Sales Invoiced less Credits) in Q2 2008 declined by (3.1%), when compared to Q1 2008 and declined by (3.3%) when compared to the same period last year. Sector specific Billings changes Q2’08 compared to the previous quarter were: Semiconductors declined by (4%); Passives declined by (2.6%); Electro-mechs and Other Components declined by (0.6%)
For further information:
segreteria@ideaelectronics.com
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