Luxembourg - Radar Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRadar Apparatus Price in Luxembourg - 2023
Contents:
- Radar Apparatus Price in Luxembourg (FOB) - 2023
- Radar Apparatus Price in Luxembourg (CIF) - 2022
- Radar Apparatus Exports in Luxembourg
- Radar Apparatus Imports in Luxembourg
Radar Apparatus Price in Luxembourg (FOB) - 2023
The average radar apparatus export price stood at $3,048 per unit in May 2023, stabilizing at the previous month. Overall, export price indicated a resilient increase from May 2022 to May 2023: its price increased at an average monthly rate of +14.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, radar apparatus export price increased by +12.2% against February 2023 indices. The most prominent rate of growth was recorded in June 2022 an increase of 365% month-to-month. The export price peaked at $3,900 per unit in October 2022; afterwards, it flattened through to May 2023.
Average prices varied noticeably for the major overseas markets. In May 2023, the country with the highest price was the United States ($3,204 per unit), while the average price for exports to South Korea stood at $3,021 per unit.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+0.1%), while the prices for the other major destinations experienced mixed trend patterns.
Radar Apparatus Price in Luxembourg (CIF) - 2022
The average radar apparatus import price stood at $4,871 per unit in 2022, waning by -25.6% against the previous year. Overall, the import price, however, continues to indicate a significant increase. The pace of growth was the most pronounced in 2019 an increase of 698% against the previous year. The import price peaked at $6,547 per unit in 2021, and then reduced markedly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($9,411 per unit), while the price for France ($899 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+49.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Radar Apparatus Exports in Luxembourg
In 2022, radar apparatus exports from Luxembourg contracted significantly to 2.5K units, with a decrease of -19.5% compared with the previous year. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 501% against the previous year. As a result, the exports attained the peak of 3.2K units, and then reduced rapidly in the following year.
In value terms, radar apparatus exports reduced rapidly to $7.7M in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,469%. As a result, the exports reached the peak of $10M, and then fell notably in the following year.
| Export of Radar Apparatus in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | 5.1 | 6.8 | 33.3% |
| United Kingdom | N/A | N/A | N/A | 0.7 | 0% |
| United States | 0.4 | N/A | N/A | 0.1 | -37.0% |
| Oman | 0.1 | 0.3 | N/A | N/A | 200.0% |
| Others | 0.5 | 0.3 | 5.2 | N/A | 222.5% |
| Total | 1.0 | 0.7 | 10.4 | 7.7 | 97.5% |
Top Export Markets for Radar Apparatus from Luxembourg in 2022:
- South Korea (2277.0 units)
- United Kingdom (137.0 units)
- United States (110.0 units)
Radar Apparatus Imports in Luxembourg
In 2022, supplies from abroad of radar apparatus decreased by -77.7% to 163 units, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. As a result, imports reached the peak of 734 units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, radar apparatus imports contracted notably to $794K in 2022. In general, imports showed a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 84% against the previous year. As a result, imports attained the peak of $4.8M, and then contracted notably in the following year.
| Import of Radar Apparatus in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 893 | 780 | 683 | 414 | -22.6% |
| United States | 79.6 | 14.9 | 1,565 | 205 | 37.1% |
| Italy | N/A | 9.7 | N/A | 52.0 | 131.5% |
| Belgium | 27.6 | 82.5 | 45.4 | 34.3 | 7.5% |
| France | 10.4 | 382 | 71.1 | 19.8 | 23.9% |
| Sweden | N/A | 1.4 | N/A | 6.0 | 107.0% |
| Others | 1,139 | 1,325 | 2,414 | 63.0 | -61.9% |
| Total | 2,149 | 2,595 | 4,779 | 794 | -28.2% |
Top Suppliers of Radar Apparatus to Luxembourg in 2022:
- Germany (44.0 units)
- United States (34.0 units)
- France (22.0 units)
- Italy (17.0 units)
- Belgium (16.0 units)
- Sweden (6.0 units)
This report provides an in-depth analysis of the radar apparatus market in Luxembourg. 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:
- Luxembourg
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Luxembourg
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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