Malaysia: Radar Apparatus Market 2025

Radar Apparatus Market Size in Malaysia

In 2022, the Malaysian radar apparatus market was finally on the rise to reach $X after five years of decline. Over the period under review, consumption, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of 7.6%. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Radar Apparatus Production in Malaysia

In value terms, radar apparatus production fell to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by 33% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Radar Apparatus Exports

Exports from Malaysia

In 2022, the amount of radar apparatus, radio navigational aid apparatus and radio remote control apparatus exported from Malaysia contracted modestly to X units, dropping by -4.4% against 2021. Overall, exports, however, enjoyed strong growth. The growth pace was the most rapid in 2014 with an increase of 108%. Over the period under review, the exports attained the maximum at X units in 2021, and then shrank in the following year.

In value terms, radar apparatus exports dropped to $X in 2022. Over the period under review, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +7.6% 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 +7.7% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 98% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X units) was the main destination for radar apparatus exports from Malaysia, with a 77% share of total exports. Moreover, radar apparatus exports to Japan exceeded the volume sent to the second major destination, the United States (X units), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Japan amounted to +42.2%.

In value terms, Japan ($X) and the United States ($X) constituted the largest markets for radar apparatus exported from Malaysia worldwide.

In terms of the main countries of destination, Japan, with a CAGR of +29.0%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the average radar apparatus export price amounted to $X per unit, shrinking by -2.4% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The growth pace was the most rapid in 2021 when the average export price increased by 7% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Japan amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-2.0%).

Radar Apparatus Imports

Imports into Malaysia

After two years of decline, purchases abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus increased by 12% to X units in 2022. Overall, imports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2019 when imports increased by 96% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, radar apparatus imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of 72% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of radar apparatus to Malaysia, with a 70% share of total imports. Moreover, radar apparatus imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), ninefold. The third position in this ranking was taken by Germany (X units), with a 4.2% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+18.9% per year) and Germany (-15.0% per year).

In value terms, China ($X) constituted the largest supplier of radar apparatus, radio navigational aid apparatus and radio remote control apparatus to Malaysia, comprising 37% of total imports. The second position in the ranking was taken by Japan ($X), with an 8.5% share of total imports. It was followed by Germany, with a 7.4% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to -6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+11.7% per year) and Germany (-14.1% per year).

Import Prices by Country

The average radar apparatus import price stood at $X per unit in 2022, surging by 3.3% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% 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 -35.6% against 2016 indices. The growth pace was the most rapid in 2016 when the average import price increased by 96% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a somewhat 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 United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform