EU: Radar Apparatus Market 2024

Radar Apparatus Market Size in the EU

After three years of decline, the EU radar apparatus market increased by X% to $X in 2022. In general, consumption, however, saw a abrupt shrinkage. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Radar Apparatus Production in the EU

In value terms, radar apparatus production contracted slightly to $X in 2022 estimated in export price. Overall, production recorded a deep setback. The growth pace was the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Radar Apparatus Exports

Exports in the EU

In 2022, the amount of radar apparatus, radio navigational aid apparatus and radio remote control apparatus exported in the European Union rose slightly to X units, with an increase of X% on the previous year. Total exports indicated a buoyant expansion 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, radar apparatus exports reduced to $X in 2022. Total exports indicated pronounced growth from 2012 to 2022: its value 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units) and Germany (X units) represented roughly X% of total exports in 2022. Poland (X units) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Hungary (X%), Italy (X%), France (X%), Austria (X%) and Portugal (X%). Spain (X units), Belgium (X units), Sweden (X units), the Czech Republic (X units) and Romania (X units) took a minor share of total exports.

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

In value terms, Germany ($X) remains the largest radar apparatus supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by France ($X), with an X% share of total exports. It was followed by Hungary, with an X% share.

In Germany, radar apparatus exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: France (X% per year) and Hungary (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, declining by X% against the previous year. In general, the export price showed a mild shrinkage. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the export prices failed to regain momentum.

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 France ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the other leaders experienced more modest paces of growth.

Radar Apparatus Imports

Imports in the EU

For the fourth consecutive year, the European Union recorded growth in purchases abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, which increased by X% to X units in 2022. Total imports indicated a remarkable increase 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 2013 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, radar apparatus imports totaled $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of radar apparatus imports in 2022 were the Netherlands (X units), Germany (X units), France (X units), Austria (X units), Italy (X units), Spain (X units), Belgium (X units) and Poland (X units), together finishing at X% of total import.

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

In value terms, Germany ($X) constitutes the largest market for imported radar apparatus, radio navigational aid apparatus and radio remote control apparatus in the European Union, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with an X% share of total imports. It was followed by France, with a X% share.

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

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per unit), while Austria ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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