Paraguay: Radar Apparatus Market 2024

Radar Apparatus Market Size in Paraguay

In 2022, the Paraguayan radar apparatus market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption recorded modest growth. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Radar Apparatus Exports

Exports from Paraguay

In 2022, shipments abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus decreased by X% to X units, falling for the second year in a row after three years of growth. Over the period under review, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, radar apparatus exports expanded slightly to $X in 2022. Overall, exports showed a sharp downturn. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil (X units), China (X units) and the United States (X units) were the main destinations of radar apparatus exports from Paraguay.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the United States ($X) emerged as the key foreign market for radar apparatus, radio navigational aid apparatus and radio remote control apparatus exports from Paraguay, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and China (X% per year).

Export Prices by Country

The average radar apparatus export price stood at $X per unit in 2022, growing by X% against the previous year. In general, the export price continues to indicate a tangible expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

Radar Apparatus Imports

Imports into Paraguay

In 2022, purchases abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus increased by X% to X units, rising for the second year in a row after three years of decline. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, radar apparatus imports surged to $X in 2022. In general, imports posted measured growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest supplier of radar apparatus to Paraguay, accounting for a X% share of total imports. Moreover, radar apparatus imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), ninefold. The third position in this ranking was taken by the United States (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of radar apparatus, radio navigational aid apparatus and radio remote control apparatus to Paraguay, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Brazil (X% per year).

Import Prices by Country

In 2022, the average radar apparatus import price amounted to $X per unit, with an increase of X% against the previous year. In general, the import price saw a notable expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform