Denmark - Radar Apparatus - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Denmark - Radar Apparatus - Market Analysis, Forecast, Size, Trends And Insights

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Radar Apparatus Price in Denmark - 2023

Contents:

  1. Radar Apparatus Price in Denmark (FOB) - 2022
  2. Radar Apparatus Price in Denmark (CIF) - 2022
  3. Radar Apparatus Exports in Denmark
  4. Radar Apparatus Imports in Denmark

Radar Apparatus Price in Denmark (FOB) - 2022

In 2022, the average radar apparatus export price amounted to $3,848 per unit, surging by 5.2% against the previous year. Over the period under review, the export price saw a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 36%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($9,314 per unit), while the average price for exports to Finland ($1,015 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 South Korea (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Price in Denmark (CIF) - 2022

The average radar apparatus import price stood at $1,160 per unit in 2022, rising by 3.8% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +9.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, radar apparatus import price increased by +22.1% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 34% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,825 per unit), while the price for Hungary ($42 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Radar Apparatus Exports in Denmark

In 2022, approx. 42K units of radar apparatus were exported from Denmark; waning by -66.9% compared with 2021 figures. Over the period under review, exports showed a dramatic decline. The pace of growth was the most pronounced in 2021 when exports increased by 76%. As a result, the exports attained the peak of 128K units, and then reduced notably in the following year.

In value terms, radar apparatus exports shrank significantly to $163M in 2022. In general, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 79%. As a result, the exports reached the peak of $469M, and then fell sharply in the following year.

Export of Radar Apparatus in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States55.046.978.372.89.8%
United Kingdom8.88.88.68.80.0%
Canada2.85.45.98.745.9%
Japan3.33.59.18.336.0%
South Korea6.15.411.47.78.1%
France7.25.010.76.8-1.9%
Germany7.28.85.56.7-2.4%
Indonesia0.40.39.43.2100.0%
Sweden2.02.94.63.014.5%
Norway4.32.810.22.6-15.4%
Singapore0.20.72.71.9111.8%
Switzerland0.71.61.81.116.3%
Finland0.80.91.60.7-4.4%
Others17616930930.9-44.0%
Total274261469163-15.9%

Top Export Markets for Radar Apparatus from Denmark in 2022:

  1. United States (18.3K units)
  2. United Kingdom (2.6K units)
  3. Norway (2.0K units)
  4. Canada (1.9K units)
  5. Sweden (1.8K units)
  6. Indonesia (1.4K units)
  7. Singapore (1.2K units)
  8. France (1.2K units)
  9. Germany (0.9K units)
  10. Switzerland (0.9K units)
  11. Japan (0.9K units)
  12. South Korea (0.8K units)
  13. Finland (0.7K units)

Radar Apparatus Imports in Denmark

In 2022, overseas purchases of radar apparatus decreased by -20.4% to 16K units, falling for the second consecutive year after two years of growth. In general, imports showed a abrupt slump. The growth pace was the most rapid in 2020 when imports increased by 7.9%. As a result, imports reached the peak of 23K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, radar apparatus imports contracted notably to $19M in 2022. Overall, imports saw a noticeable slump. The growth pace was the most rapid in 2020 with an increase of 10% against the previous year. Over the period under review, imports hit record highs at $23M in 2021, and then shrank rapidly in the following year.

Import of Radar Apparatus in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1931203,3084,076176.4%
United States3141521,1374,043134.4%
Germany2,6852,4461,6051,450-18.6%
Norway2169421521,43087.8%
Japan2,2792,3371,7061,178-19.7%
Sweden24655878893556.1%
United Kingdom2,1133,020313924-24.1%
IrelandN/AN/A147789436.7%
China20912318076954.4%
Belgium28845218145016.0%
South Korea92.012523943167.3%
Thailand674164134163-37.7%
Hungary25.012.615.817.1-11.9%
Others10,74311,63312,8232,125-41.7%
Total20,07822,08622,72818,780-2.2%

Top Suppliers of Radar Apparatus to Denmark in 2022:

  1. Netherlands (5.1K units)
  2. Japan (2.1K units)
  3. Norway (1.8K units)
  4. China (1.6K units)
  5. United States (0.8K units)
  6. United Kingdom (0.8K units)
  7. South Korea (0.7K units)
  8. Hungary (0.4K units)
  9. Sweden (0.4K units)
  10. Ireland (0.4K units)
  11. Belgium (0.4K units)
  12. Germany (0.4K units)
  13. Thailand (0.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the radar apparatus market in Denmark. 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

Country coverage:

  • Denmark

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Denmark
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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