Europe: Radar Apparatus Market 2024

Radar Apparatus Market Size in Europe

In 2022, the Europe radar apparatus market increased by X% to $X, rising for the second year in a row after four years of decline. Overall, consumption continues to indicate a slight shrinkage. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Radar Apparatus Production in Europe

In value terms, radar apparatus production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Radar Apparatus Exports

Exports in Europe

After two years of growth, overseas shipments of radar apparatus, radio navigational aid apparatus and radio remote control apparatus decreased by X% to X units in 2022. Total exports indicated prominent growth from 2012 to 2022: its volume 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. Based on 2022 figures, exports increased by X% against 2015 indices. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units, leveling off in the following year.

In value terms, radar apparatus exports shrank to $X in 2022. Total exports indicated a tangible 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. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (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 Poland (X units), France (X units), Austria (X units), Hungary (X units) and Portugal (X units). All these countries together held near X% share of total exports. The UK (X units), Sweden (X units), Spain (X units), the Czech Republic (X units) and Belgium (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 leading exporting countries, was attained by Hungary (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

In Germany, radar apparatus exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: France (X% per year) and Hungary (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, waning by X% against the previous year. Overall, the export price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

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

Radar Apparatus Imports

Imports in Europe

In 2022, approx. X units of radar apparatus, radio navigational aid apparatus and radio remote control apparatus were imported in Europe; picking up by X% compared with 2021 figures. Total imports indicated a strong increase from 2012 to 2022: its volume 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. Based on 2022 figures, imports increased by X% against 2013 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, radar apparatus imports amounted to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X units), Germany (X units), France (X units), the UK (X units), Austria (X units), Spain (X units), Italy (X units), Belgium (X units) and Poland (X units) represented roughly X% of total imports in 2022. The following importers - Hungary (X units), the Czech Republic (X units), Sweden (X units) and Portugal (X units) - each amounted to an X% share of total imports.

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

In value terms, the largest radar apparatus importing markets in Europe were Germany ($X), the UK ($X) and the Netherlands ($X), with a combined X% share of total imports. France, Italy, Poland, Spain, the Czech Republic, Sweden, Belgium, Hungary, Austria and Portugal lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of 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 Europe stood at $X per unit in 2022, falling by X% against the previous year. Overall, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the 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 Germany ($X per unit), while Austria ($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

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