Israel: Radar Apparatus Market 2022

Radar Apparatus Market Size in Israel

The Israeli radar apparatus market dropped slightly to $X in 2021, declining by -4.1% against the previous year. In general, consumption showed moderate growth. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Radar Apparatus Production in Israel

In value terms, radar apparatus production fell dramatically to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by 180% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Radar Apparatus Exports

Exports from Israel

In 2021, the amount of radar apparatus exported from Israel dropped sharply to X tons, which is down by -15.7% against the previous year's figure. Over the period under review, exports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2020 with an increase of 5,862% against the previous year. As a result, the exports reached the peak of X tons, and then declined remarkably in the following year.

In value terms, radar apparatus exports declined sharply to $X in 2021. In general, exports, however, enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2014 when exports increased by 10,701% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for radar apparatus exports from Israel, with a 97% share of total exports. It was followed by France (X tons), with a 1.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +39.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+54.4% per year) and Canada (-51.7% per year).

In value terms, the United States ($X) emerged as the key foreign market for radar apparatus exports from Israel, comprising 92% of total exports. The second position in the ranking was taken by France ($X), with a 1.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +48.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+52.2% per year) and Canada (-44.8% per year).

Export Prices by Country

In 2021, the average radar apparatus export price amounted to $X per ton, waning by -59.6% against the previous year. In general, the export price saw a pronounced reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 260% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Canada ($X per ton), while the average price for exports to the United States ($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 Taiwan (Chinese) (+25.1%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Imports

Imports into Israel

In 2021, radar apparatus imports into Israel surged to X tons, increasing by 94% on the previous year. In general, imports posted a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, radar apparatus imports surged to $X in 2021. Over the period under review, imports continue to indicate strong growth. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest radar apparatus supplier to Israel, with a 50% share of total imports. Moreover, radar apparatus imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. South Korea (X tons) ranked third in terms of total imports with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +45.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+98.1% per year) and South Korea (+66.5% per year).

In value terms, Germany ($X) constituted the largest supplier of radar apparatus to Israel, comprising 36% of total imports. The second position in the ranking was taken by the United States ($X), with a 14% share of total imports. It was followed by Italy, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +44.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.2% per year) and Italy (+4.4% per year).

Import Prices by Country

The average radar apparatus import price stood at $X per ton in 2021, falling by -9.2% against the previous year. Over the period under review, the import price showed a mild downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 25%. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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