Ireland: Radar Apparatus Market 2024

Radar Apparatus Market Size in Ireland

The Irish radar apparatus market shrank to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, showed a buoyant expansion. Over the period under review, the market reached the maximum level at $X in 2021, and then declined in the following year.

Radar Apparatus Production in Ireland

In value terms, radar apparatus production dropped to $X in 2022 estimated in export price. In general, production showed a resilient increase. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. Radar apparatus production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Radar Apparatus Exports

Exports from Ireland

Radar apparatus exports from Ireland surged to X units in 2022, picking up by X% on the year before. Overall, exports posted a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, radar apparatus exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X units) was the main destination for radar apparatus exports from Ireland, with a X% share of total exports. Moreover, radar apparatus exports to the UK exceeded the volume sent to the second major destination, Bulgaria (X units), twofold. Italy (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (X% per year) and Italy (X% per year).

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

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

Export Prices by Country

The average radar apparatus export price stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price continues to indicate a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Sweden ($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 the UK (X%), while the prices for the other major destinations experienced mixed trend patterns.

Radar Apparatus Imports

Imports into Ireland

After two years of growth, purchases abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus decreased by X% to X units in 2022. Overall, imports, however, recorded a mild expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then dropped rapidly in the following year.

In value terms, radar apparatus imports declined slightly to $X in 2022. In general, total imports indicated a notable increase 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then shrank slightly in the following year.

Imports by Country

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

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

In value terms, the largest radar apparatus suppliers to Ireland were the Netherlands ($X), the UK ($X) and the United States ($X), together accounting for X% of total imports.

The United States, with a CAGR of X%, saw 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

In 2022, the average radar apparatus import price amounted to $X per unit, growing by X% against the previous year. In general, import price indicated a tangible expansion 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 import price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average 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 ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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