ASEAN: Radar Apparatus Market 2024

Radar Apparatus Market Size in ASEAN

The ASEAN radar apparatus market dropped modestly to $X in 2022, approximately equating the previous year. In general, consumption, however, continues to indicate a noticeable decline. The growth pace was the most rapid in 2017 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Radar Apparatus Production in ASEAN

In value terms, radar apparatus production contracted modestly to $X in 2022 estimated in export price. Overall, production, however, saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Radar Apparatus Exports

Exports in ASEAN

In 2022, shipments abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus increased by X% to X units, rising for the fourth consecutive year after two years of decline. Overall, exports saw a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, radar apparatus exports expanded notably to $X in 2022. In general, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 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

In 2022, Vietnam (X units) and the Philippines (X units) represented the major exporters of radar apparatus, radio navigational aid apparatus and radio remote control apparatus in ASEAN, together mixing up X% of total exports. It was distantly followed by Thailand (X units), Singapore (X units) and Malaysia (X units), together committing a X% share of total exports. Indonesia (X units) followed a long way behind the leaders.

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

In value terms, Singapore ($X), Vietnam ($X) and the Philippines ($X) were the countries with the highest levels of exports in 2022, with a combined X% share 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, dropping by X% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced expansion. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced more modest paces of growth.

Radar Apparatus Imports

Imports in ASEAN

In 2022, purchases abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus increased by X% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports posted prominent growth. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, radar apparatus imports rose sharply to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Indonesia (X units) represented the main importer of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, committing X% of total imports. Malaysia (X units) ranks second in terms of the total imports with an X% share, followed by Vietnam (X%), Singapore (X%) and Thailand (X%). The Philippines (X units) followed a long way behind the leaders.

Indonesia was also the fastest-growing in terms of the radar apparatus, radio navigational aid apparatus and radio remote control apparatus imports, with a CAGR of X% from 2012 to 2022. At the same time, Vietnam (X%), the Philippines (X%) and Malaysia (X%) displayed positive paces of growth. Singapore experienced a relatively flat trend pattern. By contrast, Thailand (X%) illustrated a downward trend over the same period. While the share of Indonesia (X p.p.) and Vietnam (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Malaysia (X p.p.), Thailand (X p.p.) and Singapore (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X), Thailand ($X) and Indonesia ($X) were 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 accounting for a further X%.

In terms of the main importing countries, the Philippines, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the import price in ASEAN amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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