EU: Radio Navigation Apparatus Market 2024

Radio Navigation Apparatus Market Size in the EU

In 2021, the EU radio navigation apparatus market increased by 30% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a slight shrinkage. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Radio Navigation Apparatus Production in the EU

In value terms, radio navigation apparatus production rose modestly to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 30%. The level of production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

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Radio Navigation Apparatus Exports

Exports in the EU

In 2021, shipments abroad of radio navigational aid apparatus increased by 6.7% to X tons, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 17%. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, radio navigation apparatus exports rose remarkably to $X in 2021. The total export value increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Hungary (X tons), Poland (X tons) and the Netherlands (X tons) was the main exporter of radio navigational aid apparatus in the European Union, committing 60% of total export. Germany (X tons) ranks next in terms of the total exports with a 7.3% share, followed by Spain (4.8%). France (X tons), Lithuania (X tons), Belgium (X tons), Portugal (X tons), Italy (X tons), Denmark (X tons), the Czech Republic (X tons) and Austria (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Poland (with a CAGR of +54.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest radio navigation apparatus supplying countries in the European Union were the Netherlands ($X), Poland ($X) and Germany ($X), with a combined 52% share of total exports.

Among the main exporting countries, Poland, with a CAGR of +55.5%, saw the highest growth rate of 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

The export price in the European Union stood at $X per ton in 2021, rising by 5.3% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the export price increased by 7.8% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+8.8%), while the other leaders experienced more modest paces of growth.

Radio Navigation Apparatus Imports

Imports in the EU

In 2021, supplies from abroad of radio navigational aid apparatus was finally on the rise to reach X tons after four years of decline. Overall, imports, however, recorded a slight descent. The most prominent rate of growth was recorded in 2016 when imports increased by 25%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, radio navigation apparatus imports rose notably to $X in 2021. In general, imports, however, continue to indicate a pronounced curtailment. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of radio navigation apparatus imports in 2021 were the Netherlands (X tons), Italy (X tons) and Germany (X tons), together amounting to 47% of total import. Spain (X tons) ranks next in terms of the total imports with a 5.8% share, followed by Belgium (5.7%), Hungary (5.3%), France (5.1%), Sweden (4.9%), Portugal (4.7%) and Poland (4.6%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Hungary (with a CAGR of +16.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 47% of total imports. These countries were followed by Italy, Hungary, Sweden, Poland, Belgium, Spain and Portugal, which together accounted for a further 36%.

Hungary, with a CAGR of +18.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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 the European Union stood at $X per ton in 2021, stabilizing at the previous year. In general, the import price, however, saw a mild reduction. The pace of growth appeared the most rapid in 2017 an increase of 9.8%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+7.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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