France: Radar Apparatus Market 2022

Radar Apparatus Market Size in France

The French radar apparatus market shrank markedly to $X in 2021, dropping by -45% against the previous year. Over the period under review, consumption continues to indicate a deep setback. Radar apparatus consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Radar Apparatus Production in France

In value terms, radar apparatus production rose remarkably to $X in 2021 estimated in export price. Over the period under review, production saw a perceptible decline. The most prominent rate of growth was recorded in 2017 with an increase of 61%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Radar Apparatus Exports

Exports from France

In 2021, the amount of radar apparatus exported from France soared to X tons, growing by 38% on 2020. In general, exports recorded resilient growth. The pace of growth was the most pronounced in 2017 with an increase of 44%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, radar apparatus exports skyrocketed to $X in 2021. Over the period under review, exports recorded a remarkable increase. The growth pace was the most rapid in 2017 with an increase of 81% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Cyprus (X tons), Saudi Arabia (X tons) and Spain (X tons) were the main destinations of radar apparatus exports from France, together comprising 34% of total exports. These countries were followed by the United States, Morocco, India, the UK, the Czech Republic, Singapore, Germany, Qatar, Iraq and Azerbaijan, which together accounted for a further 41%.

From 2012 to 2021, the biggest increases were in Iraq (with a CAGR of +278.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X) remains the key foreign market for radar apparatus exports from France, comprising 36% of total exports. The second position in the ranking was taken by Qatar ($X), with an 11% share of total exports. It was followed by Iraq, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to India stood at +104.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (+19.8% per year) and Iraq (+560.5% per year).

Export Prices by Country

In 2021, the average radar apparatus export price amounted to $X per ton, increasing by 29% against the previous year. In general, the export price recorded a measured increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 41% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was India ($X per ton), while the average price for exports to Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+74.3%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Imports

Imports into France

In 2021, after four years of growth, there was significant decline in overseas purchases of radar apparatus, when their volume decreased by -17.5% to X tons. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 49% against the previous year. Imports peaked at X tons in 2020, and then shrank remarkably in the following year.

In value terms, radar apparatus imports surged to $X in 2021. Over the period under review, imports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2018 when imports increased by 48% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest radar apparatus supplier to France, accounting for a 30% share of total imports. Moreover, radar apparatus imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was taken by Belgium (X tons), with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +24.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-8.7% per year) and Belgium (+4.1% per year).

In value terms, Germany ($X) constituted the largest supplier of radar apparatus to France, comprising 51% of total imports. The second position in the ranking was taken by the United States ($X), with a 20% share of total imports. It was followed by Singapore, with a 3.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +47.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.1% per year) and Singapore (+56.5% per year).

Import Prices by Country

The average radar apparatus import price stood at $X per ton in 2021, picking up by 52% against the previous year. In general, the import price continues to indicate buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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