Austria: Radar Apparatus Market 2024

Radar Apparatus Market Size in Austria

In 2022, the Austrian radar apparatus market decreased by X% to $X, falling for the fourth consecutive year after two years of growth. Over the period under review, consumption showed a strong expansion. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Radar Apparatus Production in Austria

In value terms, radar apparatus production reached $X in 2022 estimated in export price. Over the period under review, production, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Radar Apparatus Exports

Exports from Austria

In 2022, after six years of growth, there was significant decline in overseas shipments of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, when their volume decreased by X% to X units. Overall, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2021, and then declined dramatically in the following year.

In value terms, radar apparatus exports soared to $X in 2022. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units), Canada (X units) and Brazil (X units) were the main destinations of radar apparatus exports from Austria, with a combined X% share of total exports. Poland, the United States, France, Slovenia, Switzerland, the Czech Republic, New Zealand, Spain, Belgium and the Netherlands lagged somewhat behind, together accounting for a further X%.

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

In value terms, the United States ($X), Germany ($X) and France ($X) appeared to be the largest markets for radar apparatus exported from Austria worldwide, together accounting for X% of total exports. Belgium, Spain, Poland, Switzerland, the Netherlands, Canada, the Czech Republic, Brazil, Slovenia and New Zealand lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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 2022, the average radar apparatus export price amounted to $X per unit, increasing by X% against the previous year. Overall, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to New Zealand ($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 Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Imports

Imports into Austria

For the eighth consecutive year, Austria recorded growth in supplies from abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, which increased by X% to X units in 2022. Over the period under review, imports recorded a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, radar apparatus imports expanded 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 indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Sweden (X units) constituted the largest supplier of radar apparatus to Austria, accounting for a X% share of total imports. Moreover, radar apparatus imports from Sweden exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was held by Italy (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Sweden amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

In value terms, the largest radar apparatus suppliers to Austria were Germany ($X), China ($X) and Sweden ($X), together comprising X% of total imports. Italy, Hungary, South Korea, France, Japan and Malta lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, recorded the highest growth rate of the value of imports, among 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. Over the period under review, the import price saw a abrupt curtailment. 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 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 China ($X per unit), while the price for Malta ($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 prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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