Italy - Radar Apparatus, Radio Navigational Aid Apparatus And Radio Remote Control Apparatus - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Italy - 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 Italy - 2023

Contents:

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

Radar Apparatus Price in Italy (FOB) - 2022

The average radar apparatus export price stood at $55 per unit in 2022, shrinking by -8.9% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, radar apparatus export price increased by +14.7% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 96%. Over the period under review, the average export prices reached the peak figure at $61 per unit in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($71 per unit), while the average price for exports to France ($18 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 Bangladesh (+41.8%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Price in Italy (CIF) - 2022

The average radar apparatus import price stood at $44 per unit in 2022, which is down by -3.2% against the previous year. Overall, the import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 16% against the previous year. The import price peaked at $60 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($269 per unit), while the price for Austria ($8.6 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 (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Radar Apparatus Exports in Italy

For the fourth consecutive year, Italy recorded growth in shipments abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, which increased by 4.2% to 20M units in 2022. The total export volume increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, radar apparatus exports contracted to $1.1B in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.4% 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 +38.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, the exports attained the peak of $1.2B, and then contracted in the following year.

Export of Radar Apparatus in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom20.022.810480.559.1%
United States77.140.143.340.0-19.6%
France24.826.240.333.010.0%
Germany33.745.747.432.0-1.7%
Spain10.413.030.116.215.9%
Netherlands5.25.111.514.641.1%
Albania3.98.17.510.639.6%
China8.19.810.99.55.5%
Poland5.15.98.09.221.7%
Sweden1.610.018.27.869.6%
Australia2.35.33.56.239.2%
Bangladesh0.60.310.35.4108.0%
Belgium2.93.14.04.818.3%
Others61161783784611.5%
Total8078131,1761,11611.4%

Top Export Markets for Radar Apparatus from Italy in 2022:

  1. France (1.9M units)
  2. United Kingdom (1.1M units)
  3. United States (0.8M units)
  4. Germany (0.7M units)
  5. Spain (0.7M units)
  6. Albania (0.5M units)
  7. Poland (0.4M units)
  8. Netherlands (0.3M units)
  9. Australia (0.2M units)
  10. Bangladesh (0.2M units)
  11. Sweden (0.2M units)
  12. Belgium (0.2M units)
  13. China (0.2M units)

Radar Apparatus Imports in Italy

In 2022, approx. 24M units of radar apparatus, radio navigational aid apparatus and radio remote control apparatus were imported into Italy; approximately equating 2021. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 35%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, radar apparatus imports reduced slightly to $1.1B in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +12.8% 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 +53.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 57%. As a result, imports reached the peak of $1.1B, and then reduced in the following year.

Import of Radar Apparatus in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom46.229.983.983.721.9%
France75.473.991.066.0-4.3%
United States59.769.854.860.60.5%
Germany33.137.567.853.417.3%
Hungary32.132.353.651.917.4%
Netherlands22.521.756.249.029.6%
China41.026.736.639.4-1.3%
Sweden11.811.516.222.023.1%
Morocco0.1N/A12.919.3477.9%
Albania0.21.88.29.7264.7%
Belgium3.83.53.25.714.5%
Bulgaria1.61.12.14.844.2%
Austria2.01.31.91.8-3.5%
Others40838059659013.1%
Total7376911,0841,05812.8%

Top Suppliers of Radar Apparatus to Italy in 2022:

  1. China (2.0M units)
  2. France (1.1M units)
  3. Sweden (1.1M units)
  4. Hungary (1.0M units)
  5. Morocco (1.0M units)
  6. Netherlands (0.9M units)
  7. United States (0.8M units)
  8. Germany (0.6M units)
  9. Bulgaria (0.5M units)
  10. Albania (0.4M units)
  11. United Kingdom (0.3M units)
  12. Belgium (0.3M units)
  13. Austria (0.2M units)

Source: IndexBox Market Intelligence Platform

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

Country coverage:

  • Italy

Data coverage:

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