Report Update: May 1, 2024

Brazil - Radar Apparatus, Radio Navigational Aid Apparatus And Radio Remote Control Apparatus - Market Analysis, Forecast, Size, Trends And Insights

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Radar Apparatus Price in Brazil - 2023

Radar Apparatus Price in Brazil (CIF) - 2023

The average radar apparatus import price stood at $10.2 per unit in October 2023, dropping by -3.5% against the previous month. Over the period under review, the import price recorded a abrupt decline. The pace of growth was the most pronounced in February 2023 an increase of 51% against the previous month. The import price peaked at $20.2 per unit in October 2022; however, from November 2022 to October 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was South Korea ($52.4 per unit), while the price for China ($1.4 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by South Korea (+5.7%), while the prices for the other major suppliers experienced a decline.

Radar Apparatus Price in Brazil (FOB) - 2022

The average radar apparatus export price stood at $35 per unit in 2022, increasing by 5.3% against the previous year. Overall, the export price, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2019 an increase of 77%. The export price peaked at $137 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($203 per unit), while the average price for exports to Paraguay ($4.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+4.3%), while the prices for the other major destinations experienced a decline.

Radar Apparatus Imports in Brazil

After three years of growth, overseas purchases of radar apparatus, radio navigational aid apparatus and radio remote control apparatus decreased by -15.3% to 8M units in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. As a result, imports reached the peak of 9.5M units, and then fell rapidly in the following year.

In value terms, radar apparatus imports soared to $317M in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Radar Apparatus in Brazil (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	76.1	59.4	81.2	89.5	5.6%
South Korea	11.0	22.5	18.8	36.6	49.3%
Mexico	22.3	20.1	25.3	34.6	15.8%
China	27.7	20.6	33.5	32.5	5.5%
Japan	6.8	4.6	13.2	16.7	34.9%
Germany	12.4	14.2	14.7	13.3	2.4%
Vietnam	6.6	8.7	0.7	10.1	15.2%
Thailand	1.0	0.6	1.9	6.1	82.7%
Hong Kong SAR	4.8	3.9	4.9	4.8	0.0%
Others	76.4	88.4	59.0	72.3	-1.8%
Total	245	243	253	317	9.0%

Top Suppliers of Radar Apparatus to Brazil in 2022:

China (4867.1K units)
South Korea (547.0K units)
United States (512.2K units)
Hong Kong SAR (492.2K units)
Mexico (234.6K units)
Thailand (177.7K units)
Vietnam (149.7K units)
Japan (136.7K units)
Germany (116.7K units)

Radar Apparatus Exports in Brazil

In 2022, approx. 481K units of radar apparatus, radio navigational aid apparatus and radio remote control apparatus were exported from Brazil; with an increase of 12% against the previous year's figure. Overall, total exports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 41%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, radar apparatus exports skyrocketed to $17M in 2022. In general, exports, however, saw a sharp decline. Over the period under review, the exports hit record highs at $35M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Radar Apparatus in Brazil (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	17.6	3.9	5.0	7.5	-24.7%
Argentina	1.1	1.4	1.3	2.2	26.0%
Chile	0.4	0.4	0.7	0.5	7.7%
Uruguay	0.1	0.1	0.3	0.3	44.2%
Paraguay	0.2	0.1	0.5	0.3	14.5%
Bolivia	0.1	0.1	0.1	0.2	26.0%
Peru	0.1	0.1	0.1	0.1	0.0%
Mauritania	6.7	1.9	N/A	N/A	-71.6%
Others	9.0	5.3	6.2	5.8	-13.6%
Total	35.2	13.3	14.3	16.9	-21.7%

Top Export Markets for Radar Apparatus from Brazil in 2022:

Argentina (175.3K units)
Chile (83.5K units)
Paraguay (65.1K units)
United States (37.0K units)
Uruguay (22.9K units)
Bolivia (22.6K units)
Peru (11.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the radar apparatus market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 26512020 - Radar apparatus
Prodcom 26512050 - Radio navigational aid apparatus (including radio beacons and radio buoys, receivers, radio compasses equipped with multiple aerials or with a directional frame aerial)
Prodcom 26512080 - Radio remote control apparatus (including for ships, pilotless aircraft, rockets, missiles, toys, and model ships or aircraft, for machines, for the detonation of mines)
Prodcom 26512060 -
Prodcom 26512090 -

Country coverage:

Brazil

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Brazil
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023