Sweden: Radar Apparatus Market 2024

Radar Apparatus Market Size in Sweden

In 2022, after two years of growth, there was significant decline in the Swedish radar apparatus market, when its value decreased by X% to $X. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Radar Apparatus Production in Sweden

In value terms, radar apparatus production dropped to $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 remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Radar apparatus production peaked at $X in 2021, and then dropped slightly in the following year.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Radar Apparatus Exports

Exports from Sweden

In 2022, overseas shipments of radar apparatus, radio navigational aid apparatus and radio remote control apparatus increased by X% to X units, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, radar apparatus exports expanded significantly to $X in 2022. Overall, total exports indicated pronounced 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X units), Norway (X units) and Austria (X units) were the main destinations of radar apparatus exports from Sweden, together accounting for X% of total exports. Germany, Finland, Poland, Denmark, the United States, the UK, Spain, France and the Netherlands 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 Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for radar apparatus, radio navigational aid apparatus and radio remote control apparatus exports from Sweden, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Italy, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Italy (X% per year).

Export Prices by Country

The average radar apparatus export price stood at $X per unit in 2022, almost unchanged from the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price 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, radar apparatus export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. The export price peaked at $X per unit in 2016; however, from 2017 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 Germany ($X per unit), while the average price for exports to Norway ($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 UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Imports

Imports into Sweden

After two years of growth, purchases abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus decreased by X% to X units in 2022. Over the period under review, total imports indicated a noticeable increase from 2012 to 2022: its volume 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. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, radar apparatus imports fell notably to $X in 2022. In general, imports, however, posted temperate growth. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X units), the Netherlands (X units) and Germany (X units) were the main suppliers of radar apparatus imports to Sweden, with a combined X% share of total imports. France, South Korea, Portugal, Poland, Belgium, Denmark, Italy, Spain, Japan and Estonia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Portugal (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 Sweden were Denmark ($X), Germany ($X) and France ($X), together accounting for X% of total imports. Japan, the Netherlands, Spain, China, Portugal, Poland, Estonia, Belgium, Italy and South Korea lagged somewhat behind, together accounting for a further X%.

Portugal, 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, with a decrease of X% against the previous year. In general, the import price, however, saw a perceptible expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked 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 Denmark ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :