Netherlands: Radar Apparatus Market 2022

Radar Apparatus Market Size in the Netherlands

In 2021, the Dutch radar apparatus market was finally on the rise to reach $X for the first time since 2016, thus ending a four-year declining trend. Over the period under review, consumption, however, showed a perceptible contraction. Radar apparatus consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Radar Apparatus Production in the Netherlands

In value terms, radar apparatus production skyrocketed to $X in 2021 estimated in export price. In general, production, however, saw a mild descent. The growth pace was the most rapid in 2014 with an increase of 26% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Radar Apparatus Exports

Exports from the Netherlands

In 2021, after three years of decline, there was significant growth in shipments abroad of radar apparatus, when their volume increased by 108% to X tons. Over the period under review, total exports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, radar apparatus exports surged to $X in 2021. In general, total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +9.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X tons) was the main destination for radar apparatus exports from the Netherlands, accounting for a 42% share of total exports. Moreover, radar apparatus exports to the UK exceeded the volume sent to the second major destination, the United States (X tons), fourfold. The third position in this ranking was held by Italy (X tons), with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK stood at +25.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+9.7% per year) and Italy (+3.3% per year).

In value terms, the UK ($X) emerged as the key foreign market for radar apparatus exports from the Netherlands, comprising 55% of total exports. The second position in the ranking was taken by the United States ($X), with an 8% share of total exports. It was followed by France, with a 4.6% share.

From 2012 to 2021, the average annual growth rate of value to the UK amounted to +34.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+11.8% per year) and France (+10.4% per year).

Export Prices by Country

In 2021, the average radar apparatus export price amounted to $X per ton, rising by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +5.2%. The most prominent rate of growth was recorded in 2013 an increase of 33% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to the United Arab Emirates ($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 Greece (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Imports

Imports into the Netherlands

In 2021, radar apparatus imports into the Netherlands skyrocketed to X tons, picking up by 81% compared with 2020 figures. In general, total imports indicated modest growth from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, radar apparatus imports soared to $X in 2021. Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The UK (X tons), Hungary (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of radar apparatus imports to the Netherlands, together comprising 57% of total imports.

From 2012 to 2021, the biggest increases were in Taiwan (Chinese) (with a CAGR of +83.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of radar apparatus to the Netherlands, comprising 30% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 14% share of total imports. It was followed by the United States, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK amounted to +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+81.6% per year) and the United States (+23.4% per year).

Import Prices by Country

The average radar apparatus import price stood at $X per ton in 2021, surging by 12% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average import price increased by 53%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for Hungary ($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 (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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