Norway: Radar Apparatus Market 2024

Radar Apparatus Market Size in Norway

The Norwegian radar apparatus market rose modestly to $X in 2022, surging by X% against the previous year. In general, consumption continues to indicate a noticeable descent. The pace of growth was the most pronounced in 2020 with an increase of X%. Radar apparatus consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Radar Apparatus Production in Norway

In value terms, radar apparatus production rose modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Radar Apparatus Exports

Exports from Norway

In 2022, the amount of radar apparatus, radio navigational aid apparatus and radio remote control apparatus exported from Norway skyrocketed to X units, picking up by X% on the year before. Over the period under review, exports showed a moderate increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, radar apparatus exports skyrocketed to $X in 2022. Overall, exports, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X units), the UK (X units) and Greenland (X units) were the main destinations of radar apparatus exports from Norway, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greenland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for radar apparatus exported from Norway were the UK ($X), China ($X) and Sweden ($X), together accounting for X% of total exports. Germany, the United States, Denmark, South Korea, the Netherlands, Finland, France, Poland, Greenland and Sao Tome and Principe lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Greenland, with a CAGR of X%, recorded 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, shrinking by X% against the previous year. In general, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Sao Tome and Principe ($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 Sao Tome and Principe (X%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Imports

Imports into Norway

Radar apparatus imports into Norway reduced to X units in 2022, dropping by X% compared with the year before. Overall, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2021, and then declined in the following year.

In value terms, radar apparatus imports expanded remarkably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

The Czech Republic (X units), China (X units) and Germany (X units) were the main suppliers of radar apparatus imports to Norway, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest radar apparatus suppliers to Norway were the United States ($X), Germany ($X) and China ($X), together accounting for X% of total imports. Taiwan (Chinese), Sweden, Lithuania, Poland, Japan, France, the Czech Republic, Mexico, Italy and Austria lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Poland, with a CAGR of X%, recorded 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, growing by X% against the previous year. Over the period under review, the import price, however, saw a deep setback. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($X per unit), while the price for the Czech Republic ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :