EU: Radar Apparatus Market 2024

Radar Apparatus Market Size in the EU

For the seventh consecutive year, the EU radar apparatus market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption, however, recorded strong growth. The level of consumption peaked in 2022 and is likely to see gradual growth in years to come.

Radar Apparatus Production in the EU

In value terms, radar apparatus production expanded notably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of X%. The level of production peaked in 2022 and is expected to retain growth in the near future.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Radar Apparatus Exports

Exports in the EU

In 2022, overseas shipments of radar apparatus decreased by X% to X units, falling for the fourth year in a row after two years of growth. Over the period under review, exports showed a perceptible contraction. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, radar apparatus exports contracted to $X in 2022. Overall, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

France (X units) and Germany (X units) represented roughly X% of total exports in 2022. Italy (X units) took the next position in the ranking, followed by Hungary (X units), Spain (X units) and Denmark (X units). All these countries together took approx. X% share of total exports. Sweden (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 main exporting countries, was attained by Sweden (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Germany ($X) remains the largest radar apparatus supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Hungary, with an X% share.

In Germany, radar apparatus exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: France (X% per year) and Hungary (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of export peaked at $X per unit in 2021, and then reduced in the following year.

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 Sweden ($X per unit), while Spain ($X per unit) was amongst the lowest.

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

Radar Apparatus Imports

Imports in the EU

For the third year in a row, the European Union recorded growth in supplies from abroad of radar apparatus, which increased by X% to X units in 2022. In general, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, radar apparatus imports surged to $X in 2022. Overall, imports showed a strong increase. The pace of growth appeared the most rapid in 2018 when imports increased by X%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X units), distantly followed by the Netherlands (X units), Finland (X units), Sweden (X units), Slovakia (X units), Spain (X units), Italy (X units), the Czech Republic (X units), Belgium (X units) and France (X units) were the major importers of radar apparatus, together constituting X% of total imports.

Imports into Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Finland (X%), Italy (X%), Sweden (X%), the Czech Republic (X%), Slovakia (X%), the Netherlands (X%), Spain (X%) and France (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Belgium (X%) illustrated a downward trend over the same period. Finland (X p.p.), Slovakia (X p.p.), Italy (X p.p.), the Czech Republic (X p.p.), Belgium (X p.p.) and Sweden (X p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands, Spain, France and Germany saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively.

In value terms, Germany ($X) constitutes the largest market for imported radar apparatus in the European Union, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany amounted to X%. In the other countries, the average annual rates were as follows: Italy (X% per year) and France (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price, however, continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2019 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 failed to regain momentum.

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 Italy ($X per unit), while Finland ($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 Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :