Portugal: Radar Apparatus Market 2024

Radar Apparatus Market Size in Portugal

In 2022, the Portuguese radar apparatus market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption continues to indicate buoyant growth. Radar apparatus consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Radar Apparatus Production in Portugal

In value terms, radar apparatus production soared to $X in 2022 estimated in export price. In general, production enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Radar Apparatus Exports

Exports from Portugal

In 2022, the amount of radar apparatus, radio navigational aid apparatus and radio remote control apparatus exported from Portugal skyrocketed to X units, growing by X% compared with the previous year. Over the period under review, exports showed prominent growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, radar apparatus exports surged to $X in 2022. Overall, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Sweden (X units), Belgium (X units) and Spain (X units) were the main destinations of radar apparatus exports from Portugal, with a combined X% share of total exports.

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

In value terms, Sweden ($X), Belgium ($X) and France ($X) appeared to be the largest markets for radar apparatus exported from Portugal worldwide, together comprising X% of total exports.

Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average radar apparatus export price amounted to $X per unit, picking up by X% against the previous year. In general, the export price, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to Spain ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Imports

Imports into Portugal

In 2022, overseas purchases of radar apparatus, radio navigational aid apparatus and radio remote control apparatus decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs at X units in 2021, and then declined slightly in the following year.

In value terms, radar apparatus imports shrank remarkably to $X in 2022. Over the period under review, imports, however, 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. As a result, imports attained the peak of $X, and then fell sharply in the following year.

Imports by Country

In 2022, Spain (X units) constituted the largest radar apparatus supplier to Portugal, with a X% share of total imports. Moreover, radar apparatus imports from Spain exceeded the figures recorded by the second-largest supplier, Poland (X units), twofold. The third position in this ranking was taken by Italy (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Italy (X% per year).

In value terms, Poland ($X), Germany ($X) and Spain ($X) appeared to be the largest radar apparatus suppliers to Portugal, with a combined X% share of total imports.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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, reducing by X% against the previous year. Overall, the import price saw a abrupt contraction. The growth pace was the most rapid in 2018 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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