MERCOSUR: Radar Apparatus Market 2025

Radar Apparatus Market Size in MERCOSUR

The MERCOSUR radar apparatus market stood at $X in 2022, stabilizing at the previous year. The total consumption indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.2% against 2020 indices. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2022.

Radar Apparatus Production in MERCOSUR

In value terms, radar apparatus production reached $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight contraction. The growth pace was the most rapid in 2016 when the production volume increased by 16%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Radar Apparatus Exports

Exports in MERCOSUR

In 2022, shipments abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus increased by 18% to X units, rising for the second consecutive year after three years of decline. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 148% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, radar apparatus exports surged to $X in 2022. Over the period under review, exports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2016 with an increase of 121%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Brazil prevails in exports structure, accounting for X units, which was near 85% of total exports in 2022. It was distantly followed by Chile (X units), comprising a 4.5% share of total exports. Peru (X units), Colombia (X units) and Argentina (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to radar apparatus exports from Brazil stood at +8.0%. At the same time, Peru (+10.0%) and Chile (+6.6%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +10.0% from 2012-2022. By contrast, Colombia (-3.9%) and Argentina (-13.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil, Peru and Chile increased by +46, +2.5 and +2.2 percentage points, respectively.

In value terms, Brazil ($X) remains the largest radar apparatus supplier in MERCOSUR, comprising 73% of total exports. The second position in the ranking was taken by Chile ($X), with a 13% share of total exports. It was followed by Colombia, with a 5.6% share.

From 2012 to 2022, the average annual growth rate of value in Brazil amounted to -5.8%. In the other countries, the average annual rates were as follows: Chile (+12.7% per year) and Colombia (-9.4% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, increasing by 6.8% against the previous year. Overall, the export price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the export price increased by 57%. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per unit), while Peru ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+5.7%), while the other leaders experienced a decline in the export price figures.

Radar Apparatus Imports

Imports in MERCOSUR

After three years of growth, purchases abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus decreased by -11.8% to X units in 2022. Overall, imports saw a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. Over the period under review, imports attained the peak figure at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, radar apparatus imports totaled $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 34% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Brazil represented the key importing country with an import of around X units, which accounted for 64% of total imports. Argentina (X units) ranks second in terms of the total imports with a 12% share, followed by Chile (6.4%), Colombia (5.2%) and Ecuador (4.9%). The following importers - Peru (X units) and Paraguay (X units) - each reached a 6.3% share of total imports.

Brazil experienced a relatively flat trend pattern with regard to volume of imports of radar apparatus, radio navigational aid apparatus and radio remote control apparatus. At the same time, Peru (+5.7%) and Argentina (+1.2%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +5.7% from 2012-2022. Paraguay experienced a relatively flat trend pattern. By contrast, Chile (-1.2%), Colombia (-2.3%) and Ecuador (-6.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil, Argentina and Peru increased by +5.9, +2.4 and +1.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported radar apparatus, radio navigational aid apparatus and radio remote control apparatus in MERCOSUR, comprising 58% of total imports. The second position in the ranking was taken by Chile ($X), with a 13% share of total imports. It was followed by Argentina, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil totaled +2.7%. The remaining importing countries recorded the following average annual rates of imports growth: Chile (+2.3% per year) and Argentina (+1.7% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2022, with an increase of 30% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 33%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per unit), while Ecuador ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform