Russian Federation: Radar Apparatus Market 2024

Radar Apparatus Market Size in the Russian Federation

In 2022, the Russian radar apparatus market increased by 20% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, showed a resilient expansion. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2022.

Radar Apparatus Production in the Russian Federation

In value terms, radar apparatus production soared to $X in 2022 estimated in export price. Over the period under review, production, however, saw strong growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Radar Apparatus Exports

Exports from the Russian Federation

In 2022, after two years of growth, there was significant decline in overseas shipments of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, when their volume decreased by -26% to X units. Over the period under review, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 402%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, radar apparatus exports contracted dramatically to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 319% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then fell markedly in the following year.

Exports by Country

China (X units), Uzbekistan (X units) and Kazakhstan (X units) were the main destinations of radar apparatus exports from Russia, with a combined 57% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of +49.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Uzbekistan ($X) were the largest markets for radar apparatus exported from Russia worldwide, with a combined 75% share of total exports.

In terms of the main countries of destination, Uzbekistan, with a CAGR of +53.4%, saw the highest rates of growth with regard to 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

In 2022, the average radar apparatus export price amounted to $X per unit, waning by -10.6% against the previous year. Over the period under review, the export price, however, saw buoyant growth. The growth pace was the most rapid in 2014 when the average export price increased by 128% against the previous year. The export price peaked at $X per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Ukraine ($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 China (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Imports

Imports into the Russian Federation

After two years of growth, supplies from abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus decreased by -11.5% to X units in 2022. Over the period under review, imports continue to indicate a mild contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 77% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, radar apparatus imports declined to $X in 2022. In general, imports showed a noticeable contraction. The most prominent rate of growth was recorded in 2016 with an increase of 63%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest radar apparatus supplier to Russia, accounting for a 42% share of total imports. Moreover, radar apparatus imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), fourfold. The Czech Republic (X units) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+10.8% per year) and the Czech Republic (+29.8% per year).

In value terms, China ($X), the Czech Republic ($X) and Hungary ($X) constituted the largest radar apparatus suppliers to Russia, with a combined 29% share of total imports. Japan, Mexico, Germany, Vietnam, Italy, Romania, Belarus, South Korea, Indonesia and Lithuania lagged somewhat behind, together accounting for a further 36%.

In terms of the main suppliers, Romania, with a CAGR of +55.4%, saw 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

The average radar apparatus import price stood at $X per unit in 2022, shrinking by -1.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 37%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a lower figure.

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 Mexico ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+13.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform