Slovenia: Radar Apparatus Market 2024

Radar Apparatus Market Size in Slovenia

The Slovene radar apparatus market fell slightly to $X in 2022, which is down by X% against the previous year. In general, consumption continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Radar apparatus consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Radar Apparatus Production in Slovenia

In value terms, radar apparatus production dropped to $X in 2022 estimated in export price. Overall, production showed a perceptible descent. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Radar Apparatus Exports

Exports from Slovenia

After three years of growth, shipments abroad of radar apparatus, radio navigational aid apparatus and radio remote control apparatus decreased by X% to X units in 2022. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X units in 2021, and then contracted in the following year.

In value terms, radar apparatus exports shrank to $X in 2022. In general, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

Poland (X units) was the main destination for radar apparatus exports from Slovenia, accounting for a X% share of total exports. Moreover, radar apparatus exports to Poland exceeded the volume sent to the second major destination, Austria (X units), sevenfold. Sri Lanka (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Poland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Sri Lanka (X% per year).

In value terms, Poland ($X), Sri Lanka ($X) and South Korea ($X) appeared to be the largest markets for radar apparatus exported from Slovenia worldwide, together comprising X% of total exports.

Among the main countries of destination, Sri Lanka, 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

In 2022, the average radar apparatus export price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

Radar Apparatus Imports

Imports into Slovenia

In 2022, after three years of growth, there was significant decline in overseas purchases of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, when their volume decreased by X% to X units. In general, imports, however, continue to indicate a noticeable increase. 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 units, and then contracted markedly in the following year.

In value terms, radar apparatus imports reached $X in 2022. Over the period under review, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, South Korea (X units) constituted the largest supplier of radar apparatus to Slovenia, accounting for a X% share of total imports. Moreover, radar apparatus imports from South Korea exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. The third position in this ranking was held by Germany (X units), with an X% share.

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

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) were the largest radar apparatus suppliers to Slovenia, with a combined X% share of total imports. South Korea, Austria, China, Israel and the UK lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Israel, 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

The average radar apparatus import price stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price continues to indicate a noticeable expansion. The growth pace was the most rapid in 2014 when the average import price increased by X%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform