---
title: "IPO volumes down 45 percent in 2022, with Americas region hit hardest"
url: https://www.ir-impact.com/2023/01/ipo-volumes-down-45-percent-2022-americas-region-hit-hardest/
date: 2023-01-05
modified: 2024-10-15
lang: en
author: "Tim Human"
description: "Following a record-breaking 2021, the global IPO market slumped dramatically last year and several obstacles stand in the way of a rebound, according to research from professional services firm EY...."
categories:
  - "Capital Markets"
image: https://www.ir-impact.com/wp-content/uploads/2024/11/Capital-markets-archive-generics-05-1024x576.jpg
word_count: 325
---

# IPO volumes down 45 percent in 2022, with Americas region hit hardest

Following a record-breaking 2021, the global IPO market slumped dramatically last year and several obstacles stand in the way of a rebound, according to research from professional services firm EY.

In 2022, the number of IPOs around the world fell by 45 percent to 1,333, while IPO proceeds dropped 61 percent to $175.9 bn, finds EY in its end-of-year report. The collapse in listings activity was particularly brutal in the Americas region, with volumes falling 76 percent and value 95 percent.

![Paul Go of EY](https://www.ir-impact.com/archive/files/inline-images/download.jpg)Paul Go, EY global IPO leaderAmid a torrid year for stock market listings, Asia-Pacific stood out as a bright note: the region delivered 63 percent of deal volume and 67 percent of proceeds globally, notes EY. Year on year, Asia-Pacific also saw a more modest decline than other parts of the world.

On a sector basis, technology stocks provided the most IPOs in 2022, accounting for 23 percent of new listings. In a year when oil and gas stocks made a comeback, the energy sector came first by value with 22 percent of all IPO proceeds.

**Investor sentiment knocked**

‘A record year for IPOs in 2021 gave way to increasing volatility from rising geopolitical tensions, inflation and aggressive interest rate hikes,’ says Paul Go, EY global IPO leader, in a statement. ‘Weakened stock markets, valuations and post-IPO performance have further deterred IPO investor sentiment.’

Private companies hoping for a swift rebound in IPO activity look set to be disappointed, although there is hope conditions will ease during 2023.

EY points to several factors required for a meaningful increase in new listings: an uptick in stock market performance, falling inflation, peak interest rates, lower geopolitical tension and lessening impacts from Covid outbreaks.

‘Many prospective IPO companies are still going to take the wait-and-see approach, holding out for the right window,’ write the report authors. ‘For now, investors will focus on a company’s fundamentals, such as revenue growth, profitability and cash flows, over just growth projections.’