Germany: Radar Apparatus Market 2024

Radar Apparatus Market Size in Germany

In 2022, the German radar apparatus market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Radar apparatus consumption peaked in 2022 and is expected to retain growth in the immediate term.

Radar Apparatus Production in Germany

In value terms, radar apparatus production totaled $X in 2022 estimated in export price. The total output 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 in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Radar apparatus production peaked in 2022 and is expected to retain growth in the near future.

Radar Apparatus Exports

Exports from Germany

In 2022, shipments abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus decreased by X% to X units, falling for the fifth consecutive year after two years of growth. Overall, exports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, radar apparatus exports shrank to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

China (X units), Spain (X units) and the United States (X units) were the main destinations of radar apparatus exports from Germany, together comprising X% of total exports. The Czech Republic, Poland, France, Austria, Italy, Switzerland, the Netherlands, the UK, Mexico and Belgium lagged somewhat behind, together comprising 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 largest markets for radar apparatus exported from Germany were the United States ($X), China ($X) and Spain ($X), with a combined X% share of total exports. France, the Czech Republic, the UK, the Netherlands, Belgium, Mexico, Italy, Switzerland, Austria and Poland lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Mexico, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average radar apparatus export price amounted to $X per unit, waning by X% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price 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, radar apparatus export price decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the 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 ($X per unit), while the average price for exports to Poland ($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 Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Imports

Imports into Germany

In 2022, after three years of growth, there was decline in overseas purchases of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, when their volume decreased by X% to X units. Overall, imports showed a perceptible downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, radar apparatus imports expanded sharply to $X in 2022. Over the period under review, imports showed a perceptible decline. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

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

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

In value terms, the largest radar apparatus suppliers to Germany were the United States ($X), Hungary ($X) and China ($X), with a combined X% share of total imports. Poland, the Netherlands, France, Vietnam, Mexico, Romania, Taiwan (Chinese), the Czech Republic, Italy and South Korea lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Vietnam, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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, growing by X% against the previous year. Over the period under review, the import price, however, saw a noticeable curtailment. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 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 the United States ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :