ASEAN: Radar Apparatus Market 2024

Radar Apparatus Market Size in ASEAN

The ASEAN radar apparatus market reached $X in 2022, with an increase of X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Radar Apparatus Production in ASEAN

In value terms, radar apparatus production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a slight descent. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Radar Apparatus Exports

Exports in ASEAN

In 2022, radar apparatus exports in ASEAN rose sharply to X units, increasing by X% compared with 2021. In general, exports enjoyed resilient growth. The growth pace was the most rapid in 2019 with an increase of X%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, radar apparatus exports skyrocketed to $X in 2022. Over the period under review, exports saw resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

Singapore (X units) and the Philippines (X units) were the key exporters of radar apparatus, radio navigational aid apparatus and radio remote control apparatus in 2022, recording near X% and X% of total exports, respectively. Malaysia (X units) ranks next in terms of the total exports with a X% share, followed by Thailand (X%) and Vietnam (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Vietnam (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest radar apparatus supplying countries in ASEAN were Singapore ($X), Vietnam ($X) and the Philippines ($X), together accounting for X% of total exports.

Among the main exporting countries, Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, surging by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The level of export peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced a decline in the export price figures.

Radar Apparatus Imports

Imports in ASEAN

In 2022, supplies from abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus increased by X% to X units, rising for the second consecutive year after two years of decline. Total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The volume of import peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, radar apparatus imports soared to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

The purchases of the six major importers of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, namely Thailand, Singapore, Malaysia, Indonesia, Vietnam and the Philippines, represented more than two-thirds of total import.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Thailand ($X) and Indonesia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Vietnam, Malaysia and the Philippines lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, the Philippines, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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