Global Radar Apparatus Market 2024

Radar Apparatus Market Size

The global radar apparatus market rose remarkably to $X in 2022, increasing by X% against the previous year. In general, consumption showed a relatively flat trend pattern. Global consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Radar Apparatus Production

In value terms, radar apparatus production shrank slightly 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 relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, global production growth remained at a lower figure.

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Radar Apparatus Exports

Exports

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 fourth year in a row after two years of decline. The total export volume 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 growth pace was the most rapid in 2021 when exports increased by X%. The global exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, radar apparatus exports expanded to $X in 2022. The total export 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 2021 when exports increased by X%. The global exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, China (X units) was the key exporter of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, generating X% of total exports. Mexico (X units) ranks second in terms of the total exports with a X% share, followed by the Netherlands (X%) and Germany (X%). The following exporters - Taiwan (Chinese) (X units), Israel (X units), the United States (X units), Hong Kong SAR (X units), South Korea (X units), the Philippines (X units), Singapore (X units), Italy (X units) and Poland (X units) - together made up X% of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%), Israel (X%), Singapore (X%), the Philippines (X%), the Netherlands (X%) and Italy (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Mexico, South Korea and Germany experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (X%), the United States (X%) and Taiwan (Chinese) (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Israel, the Netherlands, Singapore, Poland and the Philippines increased by X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), the United States ($X) and Germany ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of global exports. Singapore, Mexico, Taiwan (Chinese), the Netherlands, Poland, Italy, Israel, South Korea, the Philippines and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global 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. In general, the export price saw a perceptible slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The global export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while China ($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 Philippines (X%), while the other global leaders experienced more modest paces of growth.

Radar Apparatus Imports

Imports

Global radar apparatus imports was estimated at X units in 2022, surging by X% on 2021. In general, total imports indicated prominent growth 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. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. Global imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, radar apparatus imports expanded modestly 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 consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, global imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States was the main importer of radar apparatus, radio navigational aid apparatus and radio remote control apparatus in the world, with the volume of imports reaching X units, which was approx. X% of total imports in 2022. China (X units) held the second position in the ranking, followed by the Netherlands (X units) and Brazil (X units). All these countries together held near X% share of total imports. The following importers - Germany (X units), France (X units), the UK (X units), Japan (X units), Austria (X units), Mexico (X units), Canada (X units), Spain (X units) and Italy (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to radar apparatus imports into the United States stood at X%. At the same time, the Netherlands (X%), Austria (X%), Spain (X%), Italy (X%), China (X%), Brazil (X%), Mexico (X%), Japan (X%), the UK (X%) and France (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Canada experienced a relatively flat trend pattern. By contrast, Germany (X%) illustrated a downward trend over the same period. While the share of the United States (X p.p.) and the Netherlands (X p.p.) increased significantly in terms of the global imports from 2012-2022, the share of France (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported radar apparatus, radio navigational aid apparatus and radio remote control apparatus worldwide, comprising X% of global imports. The second position in the ranking was taken by Japan ($X), with an X% share of global imports. It was followed by Germany, with a X% share.

In the United States, radar apparatus imports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and Germany (X% per year).

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 showed a noticeable decline. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average 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 Japan ($X per unit), while Austria ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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