SADC: Radar Apparatus Market 2024

Radar Apparatus Market Size in SADC

The SADC radar apparatus market rose significantly to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Radar Apparatus Production in SADC

In value terms, radar apparatus production expanded sharply to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Radar Apparatus Exports

Exports in SADC

In 2022, radar apparatus exports in SADC soared to X units, increasing by X% on 2021. Over the period under review, exports showed resilient growth. The pace of growth appeared the most rapid in 2015 when exports increased by X%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, radar apparatus exports soared to $X in 2022. In general, exports, however, continue to indicate a mild shrinkage. The pace of growth was the most pronounced in 2015 when exports increased by X%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The biggest shipments were from South Africa (X units), together recording X% of total export.

South Africa was also the fastest-growing in terms of the radar apparatus, radio navigational aid apparatus and radio remote control apparatus exports, with a CAGR of X% from 2012 to 2022. While the share of South Africa (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest radar apparatus supplier in SADC.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa was relatively modest.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, growing by X% against the previous year. Overall, the export price, however, saw a abrupt downturn. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Radar Apparatus Imports

Imports in SADC

In 2022, approx. X units of radar apparatus, radio navigational aid apparatus and radio remote control apparatus were imported in SADC; which is down by X% compared with 2021. Over the period under review, imports, however, saw resilient growth. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X units, and then reduced markedly in the following year.

In value terms, radar apparatus imports contracted dramatically to $X in 2022. In general, imports recorded a slight descent. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa prevails in imports structure, amounting to X units, which was approx. X% of total imports in 2022. The following importers - Mozambique (X units), Angola (X units), Zambia (X units), Zimbabwe (X units) and Tanzania (X units) - each accounted for a X% share of total imports.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Zimbabwe (X%), Zambia (X%), Tanzania (X%), Mozambique (X%) and Angola (X%) displayed positive paces of growth. Moreover, Zimbabwe emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. While the share of Zimbabwe (X p.p.) and Zambia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported radar apparatus, radio navigational aid apparatus and radio remote control apparatus in SADC, comprising X% of total imports. The second position in the ranking was held by Angola ($X), with a X% share of total imports. It was followed by Tanzania, with a X% share.

In South Africa, radar apparatus imports declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Angola (X% per year) and Tanzania (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, rising by X% against the previous year. Overall, the import price, however, recorded a abrupt shrinkage. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, 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 Tanzania ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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