Denmark: Radar Apparatus Market 2024

Radar Apparatus Market Size in Denmark

In 2022, the Danish radar apparatus market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption saw a prominent increase. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Radar Apparatus Production in Denmark

In value terms, radar apparatus production reduced to $X in 2022 estimated in export price. In general, production, however, posted a significant expansion. The growth pace was the most rapid in 2013 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2021, and then declined in the following year.

Radar Apparatus Exports

Exports from Denmark

For the third consecutive year, Denmark recorded growth in overseas shipments of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, which increased by X% to X units in 2022. In general, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, radar apparatus exports reduced remarkably to $X in 2022. Over the period under review, exports enjoyed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then reduced remarkably in the following year.

Exports by Country

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

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

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

Export Prices by Country

In 2022, the average radar apparatus export price amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price showed a slight decrease. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the Czech Republic ($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 France (X%), while the prices for the other major destinations experienced a decline.

Radar Apparatus Imports

Imports into Denmark

For the third year in a row, Denmark 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. In general, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, radar apparatus imports surged 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 pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

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

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

In value terms, the Netherlands ($X) constituted the largest supplier of radar apparatus, radio navigational aid apparatus and radio remote control apparatus to Denmark, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Sweden, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Sweden (X% per year).

Import Prices by Country

The average radar apparatus import price stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 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 the Netherlands ($X per unit), while the price for the Czech Republic ($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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