
Germany - Radar Apparatus, Radio Navigational Aid Apparatus and Radio Remote Control Apparatus - Market Analysis, Forecast, Size, Trends and Insights
Germany: Radar Apparatus Market 2023
Radar Apparatus Market Size in Germany
In 2022, the German radar apparatus market increased by 28% to $X, rising for the third consecutive year after two years of decline. In general, consumption, however, saw a deep slump. Radar apparatus consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.
Radar Apparatus Production in Germany
In value terms, radar apparatus production reduced to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 15%. 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 from Germany
In 2022, shipments abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus decreased by -2.7% to X units, falling for the fifth year in a row after four years of growth. In general, exports showed a perceptible reduction. The pace of growth was the most pronounced in 2015 with an increase of 23%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.
In value terms, radar apparatus exports fell to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 20%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
The United States (X units), China (X units) and Spain (X units) were the main destinations of radar apparatus exports from Germany, together comprising 37% of total exports. Ukraine, France, the Czech Republic, the Netherlands, Poland, Belgium, the UK, Mexico, Italy and Austria lagged somewhat behind, together accounting for a further 37%.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ukraine (with a CAGR of +33.5%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for radar apparatus exported from Germany were the United States ($X), China ($X) and Spain ($X), together comprising 44% of total exports. France, the Czech Republic, the UK, Belgium, the Netherlands, Mexico, Italy, Austria, Poland and Ukraine lagged somewhat behind, together comprising a further 28%.
Ukraine, with a CAGR of +22.9%, recorded the highest growth rate of 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
The average radar apparatus export price stood at $X per unit in 2022, dropping by -10% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2019 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($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 United States (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Radar Apparatus Imports
Imports into Germany
In 2022, supplies from abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus was finally on the rise to reach X units for the first time since 2017, thus ending a four-year declining trend. Over the period under review, imports, however, continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2016 when imports increased by 8.2% against the previous year. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.
In value terms, radar apparatus imports expanded notably to $X in 2022. In general, imports, however, recorded a noticeable decrease. The pace of growth was the most pronounced in 2017 with an increase of 16% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.
Imports by Country
China (X units), Hungary (X units) and Poland (X units) were the main suppliers of radar apparatus imports to Germany, together accounting for 51% of total imports. Sweden, the United States, Mexico, Vietnam, Taiwan (Chinese), Romania, France, Portugal, the Czech Republic and Italy lagged somewhat behind, together comprising a further 36%.
From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +114.0%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest radar apparatus suppliers to Germany were the United States ($X), Hungary ($X) and China ($X), with a combined 48% share of total imports. France, Sweden, Taiwan (Chinese), Poland, Vietnam, Mexico, Romania, Portugal, the Czech Republic and Italy lagged somewhat behind, together comprising a further 36%.
Vietnam, with a CAGR of +101.2%, saw the highest growth rate of the value of imports, in terms of 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, surging by 6.6% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 19%. Over the period under review, average import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
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This report provides an in-depth analysis of the radar apparatus market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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