Which Country Exports the Most Radar Apparatus in the World?
Measuring, Testing, Navigating And Control Equipment May 28, 2018
IndexBox has just published a new report "World: Radar Apparatus, Radio Navigational Aid Apparatus And Radio Remote Control Apparatus - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.
In 2016, the amount of radar apparatus imported worldwide totaled 120K tonnes, declining by -3.4% against the previous year level. The total import volume increased at an average annual rate of +1.0% from 2007 to 2016- the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2015, when it surged by 10% against the previous year level. In that year, global radar apparatus imports attained its maximum volume of 124K tonnes, falling back in the following year.
In value terms, radar apparatus imports totaled $18B in 2016. In general, radar apparatus imports continue to indicate a relatively flat trend pattern. Global radar apparatus import peaked of $19B in 2014- however, from 2015 to 2016, it stood at a somewhat lower level.
Top Radar Apparatus Importing Countries in the World
1. USA (4.8 billion USD)
2. Germany (2.0 billion USD)
3. Japan (1.4 billion USD)
4. United Kingdom (1.0 billion USD)
5. China (0.9 billion USD)
6. Canada (0.6 billion USD)
7. Mexico (0.5 billion USD)
8. South Korea (0.5 billion USD)
9. Netherlands (0.4 billion USD)
10. China, Hong Kong SAR (0.3 billion USD)
11. Turkey (0.1 billion USD)
12. Indonesia (0.1 billion USD)
Radar Apparatus Imports By Country
In 2016, the U.S. (17K tonnes), followed by China (9.6K tonnes), Germany (9.3K tonnes), Japan (8.3K tonnes), and Canada (5.5K tonnes) were the main importers of radar apparatus, together creating 42% of total imports. The following importers - Mexico (5K tonnes), the Netherlands (5K tonnes), Indonesia (4.5K tonnes), the UK (4.2K tonnes), China, Hong Kong SAR (4K tonnes), South Korea (3.7K tonnes), and Turkey (3K tonnes) together made up 25% of total imports.
From 2007 to 2016, the most notable growth rate of radar apparatus imports, among the main importing countries, was attained by China, Hong Kong SAR (+12.2% per year), while the other global leaders experienced more modest paces of growth.
In value terms, the U.S. ($4.8B) constitutes the largest market for imported radar apparatus worldwide, making up 26% of global imports. The second position in the ranking was occupied by Germany ($2B), with the share of 11% of global imports. It was followed by Japan, with the share of 8%.
In the U.S., radar apparatus imports expanded at an average annual rate of +1.4% over the period from 2007-2016. In the other countries, the average annual rates were as follows: Germany (+0.6% per year) and Japan (+20.9% per year).
Radar Apparatus Import Prices By Country
In 2016, the average import price for radar apparatus amounted to $153 per kg, jumping by 5% against the previous year. In general, radar apparatus import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when import increased by 9% from the previous year level. Over the period under review, average radar apparatus import price attained its maximum level of $167 per kg in 2012- however, from 2013 to 2016, it stood at a somewhat lower level.
Import prices varied noticeably by country of destination. the country with the highest import prices was the U.S. ($282 per kg), while Indonesia ($16 per kg) was among the lowest.
From 2007 to 2016, the most notable growth rate of radar apparatus import prices was attained by Japan (+20.0% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about global radar apparatus market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- radar apparatus market share
- radar apparatus prices
- radar apparatus industry
- radar apparatus sales
- radar apparatus import
- radar apparatus export
- radar apparatus market forecast
- radar apparatus price forecast
- key radar apparatus producers
All data provided in this article covers the following product: HS Code 8526 - Radar apparatus, radio navigational aid apparatus and radio remote control apparatus.
