Russian Federation: Radar Apparatus Market 2022

Radar Apparatus Market Size in the Russian Federation

The Russian radar apparatus market soared to $X in 2021, picking up by 32% against the previous year. Overall, consumption, however, recorded a abrupt decrease. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Radar Apparatus Production in the Russian Federation

In value terms, radar apparatus production skyrocketed to $X in 2021 estimated in export price. In general, production, however, saw a abrupt setback. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Radar Apparatus Exports

Exports from the Russian Federation

In 2021, exports of radar apparatus from Russia skyrocketed to X tons, picking up by 66% against 2020 figures. Overall, exports posted measured growth. The pace of growth was the most pronounced in 2016 when exports increased by 827%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, radar apparatus exports skyrocketed to $X in 2021. In general, exports posted a resilient increase. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Algeria (X tons), India (X tons) and Myanmar (X tons) were the main destinations of radar apparatus exports from Russia, together comprising 97% of total exports.

From 2012 to 2021, the biggest increases were in Myanmar (with a CAGR of +196.6%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, India ($X), Algeria ($X) and Myanmar ($X) appeared to be the largest markets for radar apparatus exported from Russia worldwide, together comprising 95% of total exports.

Myanmar, with a CAGR of +132.3%, 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 2021, the average radar apparatus export price amounted to $X per kg, with an increase of 180% against the previous year. In general, the export price posted a measured increase. The export price peaked at $X per kg in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was India ($X per kg), while the average price for exports to Myanmar ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+9.5%), while the prices for the other major destinations experienced mixed trend patterns.

Radar Apparatus Imports

Imports into the Russian Federation

In 2021, overseas purchases of radar apparatus increased by 20% to X tons, rising for the fifth year in a row after two years of decline. Over the period under review, imports enjoyed a tangible increase. The most prominent rate of growth was recorded in 2017 when imports increased by 54% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, radar apparatus imports soared to $X in 2021. Overall, total imports indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +115.3% against 2018 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 64% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Japan (X tons) constituted the largest supplier of radar apparatus to Russia, with a 39% share of total imports. Moreover, radar apparatus imports from Japan exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Japan stood at +13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+63.6% per year) and Germany (+30.7% per year).

In value terms, the United States ($X) constituted the largest supplier of radar apparatus to Russia, comprising 38% of total imports. The second position in the ranking was taken by Germany ($X), with an 18% share of total imports. It was followed by Japan, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+31.5% per year) and Japan (+19.2% per year).

Import Prices by Country

The average radar apparatus import price stood at $X per ton in 2021, increasing by 7.6% against the previous year. In general, the import price, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 65%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :