Italy: Radar Apparatus Market 2024

Radar Apparatus Market Size in Italy

The Italian radar apparatus market fell modestly to $X in 2022, with a decrease of -2.6% against the previous year. Overall, consumption, however, faced a deep downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Radar Apparatus Production in Italy

In value terms, radar apparatus production declined to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 when the production volume increased by 200% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Radar Apparatus Exports

Exports from Italy

In 2022, approx. X units of radar apparatus, radio navigational aid apparatus and radio remote control apparatus were exported from Italy; increasing by 1.5% against the previous year's figure. Over the period under review, total exports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.8% against 2017 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 49% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, radar apparatus exports declined to $X in 2022. In general, exports showed resilient growth. The pace of growth was the most pronounced in 2018 when exports increased by 77%. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

France (X units), the United States (X units) and Germany (X units) were the main destinations of radar apparatus exports from Italy, with a combined 31% share of total exports. The UK, Albania, Egypt, the Netherlands, Spain, Poland, Qatar, Pakistan, China and Thailand lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the biggest increases were recorded for Albania (with a CAGR of +84.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for radar apparatus exported from Italy were Qatar ($X), the UK ($X) and the United States ($X), with a combined 37% share of total exports. France, Germany, Egypt, Pakistan, Spain, Thailand, the Netherlands, Albania, China and Poland lagged somewhat behind, together accounting for a further 35%.

In terms of the main countries of destination, Pakistan, with a CAGR of +103.4%, saw 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

The average radar apparatus export price stood at $X per unit in 2022, falling by -6.7% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 32% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Albania ($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 Egypt (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Imports

Imports into Italy

In 2022, purchases abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus increased by 4.6% to X units, rising for the third year in a row after two years of decline. Overall, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 86% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, radar apparatus imports fell slightly to $X in 2022. In general, imports showed a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 57%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

France (X units), Hungary (X units) and Germany (X units) were the main suppliers of radar apparatus imports to Italy, with a combined 60% share of total imports. The UK, the Netherlands, China, Belgium, Spain, Sweden, Morocco, Austria and Albania lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Albania (with a CAGR of +218.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), France ($X) and Germany ($X) were the largest radar apparatus suppliers to Italy, with a combined 38% share of total imports. Hungary, the Netherlands, China, Sweden, Morocco, Spain, Albania, Belgium and Austria lagged somewhat behind, together comprising a further 40%.

Among the main suppliers, Albania, with a CAGR of +153.3%, saw the highest rates of growth with regard to 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, which is down by -6.7% against the previous year. In general, the import price showed a pronounced descent. The pace of growth was the most pronounced in 2019 when the average import price increased by 34% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 UK ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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