Germany: Radar Apparatus Market 2024

Radar Apparatus Market Size in Germany

The German radar apparatus market skyrocketed to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Radar Apparatus Production in Germany

In value terms, radar apparatus production totaled $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 indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Radar apparatus production peaked at $X in 2018; afterwards, it flattened through to 2022.

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Radar Apparatus Exports

Exports from Germany

For the fifth year in a row, Germany recorded decline in shipments abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, which decreased by X% to X units in 2022. Over the period under review, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, radar apparatus exports reduced to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units), China (X units) and Spain (X units) were the main destinations of radar apparatus exports from Germany, with a combined X% share of total exports. Ukraine, France, the Czech Republic, the Netherlands, Poland, Belgium, the UK, Mexico, Austria and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Spain ($X) constituted the largest markets for radar apparatus exported from Germany worldwide, together accounting for X% of total exports. France, the Czech Republic, the UK, the Netherlands, Belgium, Mexico, Italy, Austria, Poland and Ukraine lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Ukraine, with a CAGR of X%, 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

In 2022, the average radar apparatus export price amounted to $X per unit, dropping by X% against the previous year. Overall, the export price, however, showed buoyant growth. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Ukraine ($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 the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Imports

Imports into Germany

In 2022, the amount of radar apparatus, radio navigational aid apparatus and radio remote control apparatus imported into Germany soared to X units, rising by X% against 2021 figures. Overall, imports recorded resilient growth. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, radar apparatus imports rose rapidly to $X in 2022. Over the period under review, imports, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Hungary (X units), China (X units) and Poland (X units) were the main suppliers of radar apparatus imports to Germany, with a combined X% share of total imports. The Netherlands, the United States, Mexico, Sweden, Vietnam, Romania, Austria, the UK, the Czech Republic and Italy lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest radar apparatus suppliers to Germany were the United States ($X), Hungary ($X) and China ($X), together comprising X% of total imports. Sweden, Poland, the Netherlands, Vietnam, Mexico, Romania, the Czech Republic, Italy, Austria and the UK lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average radar apparatus import price stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. The import price peaked at $X per unit in 2016; however, from 2017 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 the United States ($X per unit), while the price for Austria ($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 United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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