China - Radar Apparatus, Radio Navigational Aid Apparatus And Radio Remote Control Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChina's Radar Equipment Exports Decrease Slightly to $257M in April 2023
China Radar Apparatus Exports
In April 2023, the amount of radar apparatus, radio navigational aid apparatus and radio remote control apparatus exported from China totaled 13M units, almost unchanged from the previous month's figure. Over the period under review, total exports indicated tangible growth from April 2022 to April 2023: its volume increased at an average monthly rate of +2.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, exports increased by +60.1% against February 2023 indices. The most prominent rate of growth was recorded in March 2023 when exports increased by 60% against the previous month. Over the period under review, the exports reached the maximum at 16M units in September 2022; however, from October 2022 to April 2023, the exports remained at a lower figure.
In value terms, radar apparatus exports reduced modestly to $257M (IndexBox estimates) in April 2023. In general, total exports indicated a notable expansion from April 2022 to April 2023: its value increased at an average monthly rate of +3.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, exports increased by +40.3% against February 2023 indices. The most prominent rate of growth was recorded in March 2023 when exports increased by 42% month-to-month. Over the period under review, the exports hit record highs at 302M units in December 2022; however, from January 2023 to April 2023, the exports failed to regain momentum.
COUNTRY | Export Value of Radar Apparatus in China (million USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
United States | 29.2 | 47.8 | 57.9 | 67.1 | 55.2 | 83.5 | 56.8 | 62.2 | 69.2 | 39.5 | 24.1 | 31.6 | 28.4 |
Japan | 13.1 | 20.6 | 29.0 | 42.8 | 37.8 | 33.1 | 34.5 | 26.7 | 21.1 | 26.6 | 22.6 | 26.1 | 27.1 |
Germany | 9.8 | 10.0 | 13.6 | 11.9 | 14.5 | 14.4 | 18.9 | 14.8 | 14.2 | 14.1 | 14.2 | 28.0 | 18.5 |
Netherlands | 2.9 | 7.1 | 13.8 | 12.2 | 16.9 | 18.6 | 14.9 | 15.0 | 11.7 | 11.9 | 7.0 | 12.7 | 9.0 |
India | 7.7 | 8.4 | 8.6 | 8.9 | 7.9 | 8.0 | 7.8 | 8.5 | 6.6 | 10.6 | 6.1 | 8.9 | 7.8 |
United Kingdom | 4.0 | 7.2 | 8.7 | 8.6 | 13.5 | 9.4 | 9.7 | 9.5 | 6.8 | 6.6 | 5.0 | 7.9 | 6.8 |
Turkey | 2.7 | 2.7 | 5.3 | 4.9 | 4.2 | 5.2 | 3.5 | 4.9 | 5.2 | 7.8 | 3.1 | 5.1 | 5.4 |
Malaysia | 1.8 | 7.1 | 8.5 | 5.0 | 5.3 | 9.5 | 4.2 | 11.0 | 10.3 | 8.1 | 5.0 | 9.8 | 5.4 |
Thailand | 3.7 | 4.3 | 5.2 | 6.4 | 7.4 | 6.7 | 6.3 | 5.0 | 5.7 | 7.8 | 4.2 | 5.8 | 5.2 |
Australia | 4.7 | 5.3 | 5.8 | 5.5 | 3.8 | 6.5 | 6.9 | 5.4 | 5.1 | 6.7 | 2.0 | 5.4 | 5.1 |
Vietnam | 5.6 | 7.2 | 7.7 | 4.0 | 5.1 | 6.2 | 7.2 | 7.6 | 7.4 | 6.0 | 3.0 | 3.1 | 4.9 |
Brazil | 3.2 | 4.2 | 3.2 | 4.9 | 6.0 | 5.6 | 4.6 | 4.0 | 4.3 | 5.8 | 2.2 | 3.6 | 4.7 |
Singapore | 1.2 | 1.4 | 1.1 | 2.4 | 2.7 | 2.9 | 2.9 | 3.0 | 3.9 | 2.9 | 2.6 | 4.7 | 3.7 |
Others | 78.9 | 84.2 | 98.0 | 101 | 101 | 91.8 | 86.7 | 115 | 130 | 103 | 82.0 | 108 | 125 |
Total | 168 | 217 | 266 | 285 | 282 | 301 | 265 | 293 | 302 | 258 | 183 | 261 | 257 |
Exports by Country
The United States (1.6M units), India (1.2M units) and Germany (574K units) were the main destinations of radar apparatus exports from China, together accounting for 27% of total exports. Japan, Vietnam, Turkey, Malaysia, Singapore, the UK, Brazil, the Netherlands, Thailand and Australia lagged somewhat behind, together accounting for a further 30%.
From April 2022 to April 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of +14.0%), while the other leaders experienced more modest paces of growth.
In value terms, the United States ($28M), Japan ($27M) and Germany ($19M) appeared to be the largest markets for radar apparatus exported from China worldwide, together accounting for 29% of total exports. the Netherlands, India, the UK, Malaysia, Turkey, Thailand, Australia, Vietnam, Brazil and Singapore lagged somewhat behind, together accounting for a further 23%.
the Netherlands, with a CAGR of +9.9%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In April 2023, the radar apparatus price amounted to $20.4 per unit (FOB, China), with a decrease of -1.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in February 2023 an increase of 42% against the previous month. As a result, the export price reached the peak level of $23,321 per thousand units. From March 2023 to April 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In April 2023, the country with the highest price was Japan ($52.7 per unit), while the average price for exports to India ($6.2 per unit) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the radar apparatus market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26512020 - Radar apparatus
- Prodcom 26512050 - Radio navigational aid apparatus (including radio beacons and radio buoys, receivers, radio compasses equipped with multiple aerials or with a directional frame aerial)
- Prodcom 26512080 - Radio remote control apparatus (including for ships, pilotless aircraft, rockets, missiles, toys, and model ships or aircraft, for machines, for the detonation of mines)
- Prodcom 26512060 -
- Prodcom 26512090 -
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023