Norway: Radar Apparatus Market 2024

Radar Apparatus Market Size in Norway

The Norwegian radar apparatus market surged to $X in 2022, growing by X% against the previous year. Overall, the total consumption indicated strong growth 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, consumption increased by X% against 2018 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Radar Apparatus Production in Norway

In value terms, radar apparatus production totaled $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with a decrease of X% against the previous year. Radar apparatus production peaked in 2022 and is likely to see gradual growth in years to come.

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Radar Apparatus Exports

Exports from Norway

In 2022, approx. X units of radar apparatus, radio navigational aid apparatus and radio remote control apparatus were exported from Norway; growing by X% against the previous year's figure. Overall, exports showed a moderate increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, radar apparatus exports soared to $X in 2022. Over the period under review, exports, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X units), the UK (X units) and Greenland (X units) were the main destinations of radar apparatus exports from Norway, with a combined X% share of total exports.

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

In value terms, the UK ($X), China ($X) and Sweden ($X) appeared to be the largest markets for radar apparatus exported from Norway worldwide, together accounting for X% of total exports. Germany, the United States, Denmark, South Korea, the Netherlands, Finland, France, Poland, Greenland and Sao Tome and Principe lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Greenland, 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

The average radar apparatus export price stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price saw a deep contraction. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Sao Tome and Principe ($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 Sao Tome and Principe (X%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Imports

Imports into Norway

In 2022, radar apparatus imports into Norway contracted to X units, shrinking by X% on 2021. Overall, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then contracted in the following year.

In value terms, radar apparatus imports expanded notably 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 in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

China (X units), the Czech Republic (X units) and Germany (X units) were the main suppliers of radar apparatus imports to Norway, with a combined X% share of total imports.

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

In value terms, the United States ($X), Germany ($X) and China ($X) constituted the largest radar apparatus suppliers to Norway, together accounting for X% of total imports. Taiwan (Chinese), Sweden, Lithuania, Poland, Japan, France, the Czech Republic, Mexico, Italy and Austria lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to 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, rising by X% against the previous year. In general, the import price, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for the Czech Republic ($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 more modest paces of growth.

Source: IndexBox Platform

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