Czech Republic: Radar Apparatus Market 2024

Radar Apparatus Market Size in the Czech Republic

For the third year in a row, the Czech radar apparatus market recorded growth in sales value, which increased by X% to $X in 2022. Overall, consumption enjoyed strong growth. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Radar Apparatus Production in the Czech Republic

In value terms, radar apparatus production dropped to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Radar Apparatus Exports

Exports from the Czech Republic

In 2022, exports of radar apparatus, radio navigational aid apparatus and radio remote control apparatus from the Czech Republic dropped to X units, declining by X% on the previous year's figure. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, radar apparatus exports dropped markedly to $X in 2022. In general, exports recorded a deep reduction. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X units), Hungary (X units) and Germany (X units) were the main destinations of radar apparatus exports from the Czech Republic, with a combined X% share of total exports. Spain, Bulgaria, Mexico, Slovakia, South Africa, the UK, Romania, Austria, Belgium and India lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for radar apparatus exported from the Czech Republic were Germany ($X), France ($X) and Slovakia ($X), with a combined X% share of total exports. Spain, Hungary, Mexico, South Africa, the UK, Bulgaria, Austria, Romania, Belgium and India lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

In 2022, the average radar apparatus export price amounted to $X per unit, reducing by X% against the previous year. In general, the export price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while the average price for exports to India ($X 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 Slovakia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Radar Apparatus Imports

Imports into the Czech Republic

After three years of growth, overseas purchases of radar apparatus, radio navigational aid apparatus and radio remote control apparatus decreased by X% to X units in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, radar apparatus imports surged to $X in 2022. In general, total imports indicated a remarkable increase from 2012 to 2022: its value 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units), China (X units) and Italy (X units) were the main suppliers of radar apparatus imports to the Czech Republic, together comprising X% of total imports. Poland, South Korea, Vietnam and France lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Vietnam ($X) and France ($X) appeared to be the largest radar apparatus suppliers to the Czech Republic, with a combined X% share of total imports.

Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average radar apparatus import price amounted to $X per unit, growing by X% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price 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. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Vietnam ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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