Benelux: Radar Apparatus Market 2024

Radar Apparatus Market Size in Benelux

The Benelux radar apparatus market dropped remarkably to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption, however, continues to indicate a abrupt curtailment. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Radar Apparatus Production in Benelux

In value terms, radar apparatus production declined slightly to $X in 2022 estimated in export price. Over the period under review, production showed a perceptible decline. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Radar Apparatus Exports

Exports in Benelux

For the fourth consecutive year, Benelux recorded growth in overseas shipments of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, which increased by X% to X units in 2022. Over the period under review, exports saw buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, radar apparatus exports dropped notably to $X in 2022. In general, exports, however, showed a slight decline. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then fell notably in the following year.

Exports by Country

In 2022, the Netherlands (X units) was the major exporter of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, making up X% of total exports. It was distantly followed by Belgium (X units), making up a X% share of total exports.

The Netherlands was also the fastest-growing in terms of the radar apparatus, radio navigational aid apparatus and radio remote control apparatus exports, with a CAGR of X% from 2012 to 2022. At the same time, Belgium (X%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest radar apparatus supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports.

In the Netherlands, radar apparatus exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price faced a abrupt shrinkage. The growth pace was the most rapid in 2016 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Radar Apparatus Imports

Imports in Benelux

In 2022, radar apparatus imports in Benelux skyrocketed to X units, increasing by X% on the previous year's figure. Over the period under review, imports showed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, radar apparatus imports rose to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, the Netherlands (X units) represented the major importer of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, comprising X% of total imports. It was distantly followed by Belgium (X units), making up a X% share of total imports.

The Netherlands 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, Belgium (X%) displayed positive paces of growth. While the share of the Netherlands (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported radar apparatus, radio navigational aid apparatus and radio remote control apparatus in Benelux, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the Netherlands amounted to X%.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price showed a deep reduction. The pace of growth was the most pronounced in 2017 when the import price increased by X%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform

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