Lithuania: Radar Apparatus Market 2025

Radar Apparatus Market Size in Lithuania

The Lithuanian radar apparatus market shrank remarkably to $X in 2022, which is down by -72% against the previous year. Over the period under review, consumption faced a dramatic shrinkage. Radar apparatus consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Radar Apparatus Production in Lithuania

In value terms, radar apparatus production shrank sharply to $X in 2022 estimated in export price. Overall, production, however, saw a strong expansion. The pace of growth appeared the most rapid in 2021 when the production volume increased by 233% against the previous year. As a result, production reached the peak level of $X, and then reduced rapidly in the following year.

Radar Apparatus Exports

Exports from Lithuania

After six years of growth, overseas shipments of radar apparatus, radio navigational aid apparatus and radio remote control apparatus decreased by -17.2% to X units in 2022. Overall, exports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 52%. As a result, the exports attained the peak of X units, and then shrank sharply in the following year.

In value terms, radar apparatus exports totaled $X in 2022. In general, exports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2021 when exports increased by 88%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X units), the Czech Republic (X units) and Spain (X units) were the main destinations of radar apparatus exports from Lithuania, with a combined 26% share of total exports. The UK, Latvia, France, Brazil, Italy, India, Portugal, Norway, Mexico and the Netherlands lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +53.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and the UK ($X) were the largest markets for radar apparatus exported from Lithuania worldwide, with a combined 25% share of total exports. Spain, France, Italy, Brazil, the Netherlands, Portugal, India, Mexico, Norway and Latvia lagged somewhat behind, together comprising a further 32%.

Mexico, with a CAGR of +57.8%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination 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, increasing by 21% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 increased by +88.5% against 2014 indices. The most prominent rate of growth was recorded in 2015 an increase of 31% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Latvia ($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 France (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Imports

Imports into Lithuania

In 2022, radar apparatus imports into Lithuania contracted rapidly to X units, reducing by -16.7% against 2021. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when imports increased by 111%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, radar apparatus imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2020 when imports increased by 48% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X units), Germany (X units) and the United States (X units) were the main suppliers of radar apparatus imports to Lithuania, with a combined 43% share of total imports. Latvia, Poland, Italy, Malaysia, Norway, Denmark, the Netherlands, France, Estonia and Ukraine lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +91.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest radar apparatus suppliers to Lithuania were the United States ($X), Germany ($X) and China ($X), together comprising 49% of total imports. Latvia, Poland, Malaysia, Italy, Estonia, Norway, Denmark, the Netherlands, France and Ukraine lagged somewhat behind, together comprising a further 33%.

Malaysia, with a CAGR of +100.8%, recorded the highest rates of growth with regard to the value of imports, among 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, increasing by 64% against the previous year. Overall, the import price posted a significant expansion. The growth pace was the most rapid in 2013 an increase of 237% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, 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 Estonia ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+31.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform