Greece: Radar Apparatus Market 2024

Radar Apparatus Market Size in Greece

The Greek radar apparatus market was estimated at $X in 2022, stabilizing at the previous year. In general, consumption, however, recorded a mild reduction. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Radar Apparatus Production in Greece

In value terms, radar apparatus production stood at $X in 2022 estimated in export price. Over the period under review, production, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Radar apparatus production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Radar Apparatus Exports

Exports from Greece

In 2022, the amount of radar apparatus, radio navigational aid apparatus and radio remote control apparatus exported from Greece shrank modestly to X units, which is down by X% compared with 2021 figures. Overall, exports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports peaked at X units in 2021, and then shrank modestly in the following year.

In value terms, radar apparatus exports fell notably to $X in 2022. Over the period under review, exports, however, saw measured growth. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Bulgaria (X units), Germany (X units) and Switzerland (X units) were the main destinations of radar apparatus exports from Greece, with a combined X% share of total exports. Italy, Belgium, the United States, Cyprus, China, South Korea, Liberia and Singapore lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) emerged as the key foreign market for radar apparatus, radio navigational aid apparatus and radio remote control apparatus exports from Greece, comprising X% of total exports. The second position in the ranking was held by Bulgaria ($X), with an X% share of total exports. It was followed by Belgium, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Switzerland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (X% per year) and Belgium (X% per year).

Export Prices by Country

The average radar apparatus export price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price showed a abrupt decline. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Germany ($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 Switzerland (X%), while the prices for the other major destinations experienced a decline.

Radar Apparatus Imports

Imports into Greece

In 2022, after two years of growth, there was decline in purchases abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, when their volume decreased by X% to X units. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, radar apparatus imports shrank remarkably to $X in 2022. In general, imports, however, posted a prominent increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Italy (X units) and France (X units) were the main suppliers of radar apparatus imports to Greece, with a combined X% share of total imports. The Netherlands, Spain, Germany and Lithuania lagged somewhat behind, together accounting for a further X%.

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

In value terms, the Netherlands ($X), China ($X) and Italy ($X) constituted the largest radar apparatus suppliers to Greece, together comprising X% of total imports. France, Spain, Lithuania and Germany lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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, dropping by X% against the previous year. Over the period under review, the import price faced a deep contraction. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 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 the Netherlands ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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