Greece: Radar Apparatus Market 2024

Radar Apparatus Market Size in Greece

The Greek radar apparatus market reduced sharply to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption posted prominent growth. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Radar Apparatus Production in Greece

In value terms, radar apparatus production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, saw slight growth. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Radar Apparatus Exports

Exports from Greece

Radar apparatus exports from Greece shrank to X units in 2022, declining by X% on 2021. Overall, exports, however, saw significant growth. The pace of growth was the most pronounced in 2017 when exports increased by X%. The exports peaked at X units in 2021, and then contracted in the following year.

In value terms, radar apparatus exports shrank remarkably to $X in 2022. Over the period under review, exports, however, enjoyed perceptible growth. The pace of growth appeared the most rapid in 2017 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Bulgaria (X units), Switzerland (X units) and Italy (X units) were the main destinations of radar apparatus exports from Greece, with a combined X% share of total exports. Belgium, Hungary, Germany, the United States, Spain and Cyprus lagged somewhat behind, together comprising a further X%.

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

In value terms, Switzerland ($X) emerged as the key foreign market for radar apparatus, radio navigational aid apparatus and radio remote control apparatus exports from Greece, comprising X% of total exports. The second position in the ranking was held by Bulgaria ($X), with an X% share of total exports. It was followed by Belgium, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Switzerland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (X% per year) and Belgium (X% per year).

Export Prices by Country

The average radar apparatus export price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price faced a abrupt downturn. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 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 Cyprus ($X per unit), while the average price for exports to Hungary ($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 Hungary (X%), while the prices for the other major destinations experienced mixed trend patterns.

Radar Apparatus Imports

Imports into Greece

For the fifth consecutive year, Greece recorded growth in overseas purchases of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, which increased by X% to X units in 2022. In general, imports enjoyed a resilient expansion. The growth pace was the most rapid in 2020 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, radar apparatus imports contracted remarkably to $X in 2022. Over the period under review, imports recorded a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest radar apparatus supplier to Greece, accounting for a X% share of total imports. Moreover, radar apparatus imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fivefold. France (X units) ranked third in terms of total imports 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: Italy (X% per year) and France (X% per year).

In value terms, the largest radar apparatus suppliers to Greece were the Netherlands ($X), China ($X) and Italy ($X), with a combined X% share of total imports.

Italy, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average radar apparatus import price stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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