Which Country Exports the Most Radar Apparatus in the World?
Measuring, Testing, Navigating And Control Equipment May 28, 2018
In 2016, the global exports of radar apparatus stood at 77K tonnes, surging by 4% against the previous year level. Overall, it indicated a conspicuous growth from 2007 to 2016: the total exports volume increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, radar apparatus exports increased by +76.3% against its level of 2009. The growth pace was the most rapid in 2010, when it surged by 23% year-to-year. Global radar apparatus export peaked in 2016, and are expected to retain its growth in the immediate term.
In value terms, radar apparatus exports stood at $19B in 2016. The total export value increased at an average annual rate of +2.9% from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Global radar apparatus export peaked in 2016, and are expected to retain its growth in the near future.
Top Radar Apparatus Exporting Countries in the World
1. China (3.4 billion USD)
2. Germany (2.9 billion USD)
3. USA (2.3 billion USD)
4. Japan (1.2 billion USD)
5. Mexico (1.2 billion USD)
6. France (0.7 billion USD)
7. United Kingdom (0.7 billion USD)
8. Netherlands (0.6 billion USD)
9. Canada (0.5 billion USD)
10. South Korea (0.5 billion USD)
11. China, Hong Kong SAR (0.4 billion USD)
12. Indonesia (0.1 billion USD)
Radar Apparatus Exports By Country
China (9.6K tonnes), the U.S. (9.6K tonnes), and Germany (8.9K tonnes) represented roughly 36% of total exports of radar apparatus in 2016. Japan (5.6K tonnes) held a 7% share (based on tonnes) of global radar apparatus exports, which put it in second place, following Mexico (7%), China, Hong Kong SAR (5%), and the Netherlands (5%). The following exporters - South Korea (3.3K tonnes), the UK (2.5K tonnes), Indonesia (2.4K tonnes), Canada (2.2K tonnes), and France (2.1K tonnes) together made up 16% of total exports.
From 2007 to 2016, the most notable growth rate of radar apparatus exports, among the main exporting countries, was attained by China, Hong Kong SAR (+12.0% per year), while the other global leaders experienced more modest paces of growth.
In value terms, the largest radar apparatus markets worldwide were China ($3.4B), Germany ($2.9B) and the U.S. ($2.3B), together comprising 45% of global exports.Japan, Mexico, France, the UK, the Netherlands, Canada, South Korea, China, Hong Kong SAR and Indonesia lagged somewhat behind, together accounting for a further 31%.
Mexico (+12.6% per year) had the highest rates of growth with regard to the radar apparatus exports, in terms of the main exporting countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.
Radar Apparatus Export Prices By Country
In 2016, the average export price for radar apparatus amounted to $250 per kg, ascending by 4% against the previous year. In general, radar apparatus export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, when it surged by 4% against the previous year level. In that year, average radar apparatus export price attained its maximum level of $264 per kg. From 2010 to 2016, growth of average radar apparatus export price failed to regain its strength.
Export prices varied noticeably by country of destination. the country with the highest export prices was China ($354 per kg), while Indonesia ($38 per kg) was among the lowest.
From 2007 to 2016, the most notable growth rate of radar apparatus export prices was attained by South Korea (+4.7% 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.
