Chile: Radar Apparatus Market 2025

Radar Apparatus Market Size in Chile

The Chilean radar apparatus market shrank to $X in 2022, dropping by -2.5% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Radar apparatus consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Radar Apparatus Production in Chile

In value terms, radar apparatus production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.0% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 1.4% against the previous year. Radar apparatus production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Radar Apparatus Exports

Exports from Chile

In 2022, the amount of radar apparatus, radio navigational aid apparatus and radio remote control apparatus exported from Chile skyrocketed to X units, growing by 20% against the year before. In general, exports enjoyed a strong expansion. The pace of growth was the most pronounced in 2013 when exports increased by 118% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, radar apparatus exports surged to $X in 2022. Overall, exports enjoyed a prominent expansion. The pace of growth was the most pronounced in 2013 when exports increased by 137% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Peru (X units), Argentina (X units) and the United States (X units) were the main destinations of radar apparatus exports from Chile, together accounting for 51% of total exports. The Netherlands, Colombia, Ecuador, Canada, Australia, Bolivia, Mexico, Paraguay, Brazil and Spain lagged somewhat behind, together comprising a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ecuador (with a CAGR of +60.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for radar apparatus exported from Chile were Peru ($X), Argentina ($X) and Ecuador ($X), with a combined 50% share of total exports.

In terms of the main countries of destination, Ecuador, with a CAGR of +82.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average radar apparatus export price stood at $X per unit in 2022, flattening at the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.7% 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 increased by +4.2% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 24% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Paraguay ($X per unit), while the average price for exports to Canada ($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 Ecuador (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Imports

Imports into Chile

In 2022, radar apparatus imports into Chile fell to X units, with a decrease of -8.5% against the previous year's figure. Overall, imports continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of 75%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, radar apparatus imports rose rapidly to $X in 2022. Over the period under review, total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.3% 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 +119.0% against 2017 indices. The pace of growth appeared the most rapid in 2021 with an increase of 52%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

China (X units), the United States (X units) and Switzerland (X units) were the main suppliers of radar apparatus imports to Chile, with a combined 52% share of total imports. Vietnam, Australia, France, Italy, Lithuania, Taiwan (Chinese), Spain, Canada, Sweden and Germany lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +49.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Switzerland ($X) were the largest radar apparatus suppliers to Chile, with a combined 53% share of total imports. Australia, France, Lithuania, Vietnam, Taiwan (Chinese), Spain, Italy, Sweden, Germany and Canada lagged somewhat behind, together comprising a further 35%.

Vietnam, with a CAGR of +38.0%, 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 an increase of 19% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 19%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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