Spain: Radar Apparatus Market 2025

Radar Apparatus Market Size in Spain

The Spanish radar apparatus market shrank to $X in 2022, which is down by -4.5% against the previous year. Over the period under review, the total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +37.7% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Radar Apparatus Production in Spain

In value terms, radar apparatus production reduced to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Radar Apparatus Exports

Exports from Spain

In 2022, overseas shipments of radar apparatus, radio navigational aid apparatus and radio remote control apparatus decreased by -3.3% to X units for the first time since 2019, thus ending a two-year rising trend. The total export volume increased at an average annual rate of +5.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when exports increased by 52%. The exports peaked at X units in 2021, and then dropped modestly in the following year.

In value terms, radar apparatus exports expanded to $X in 2022. The total export value increased at an average annual rate of +3.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 31% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X units), South Korea (X units) and Greece (X units) were the main destinations of radar apparatus exports from Spain, together accounting for 34% of total exports. The UK, Ecuador, Morocco, France, Vietnam, Singapore, Azerbaijan, Austria, Argentina and Panama lagged somewhat behind, together comprising a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Vietnam (with a CAGR of +106.1%), while the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Germany ($X) and Vietnam ($X) appeared to be the largest markets for radar apparatus exported from Spain worldwide, together accounting for 32% of total exports.

Among the main countries of destination, Vietnam, with a CAGR of +106.8%, 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, surging by 6.5% against the previous year. Overall, the export price, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2014 an increase of 17% against the previous year. The export price peaked 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 Azerbaijan ($X per unit), while the average price for exports to Austria ($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 South Korea (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Radar Apparatus Imports

Imports into Spain

Radar apparatus imports into Spain declined to X units in 2022, remaining relatively unchanged against 2021 figures. Overall, total imports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of +2.5% 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 +46.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, radar apparatus imports fell to $X in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 50%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

Germany (X units), the UK (X units) and China (X units) were the main suppliers of radar apparatus imports to Spain, with a combined 46% share of total imports. France, Taiwan (Chinese), Italy, Hungary, the United Arab Emirates, Austria, the Czech Republic, the Netherlands and the United States lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +80.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest radar apparatus suppliers to Spain were Germany ($X), the UK ($X) and Taiwan (Chinese) ($X), together comprising 43% of total imports. France, the United States, Italy, China, Hungary, the Czech Republic, the Netherlands, Austria and the United Arab Emirates lagged somewhat behind, together accounting for a further 40%.

The United Arab Emirates, with a CAGR of +42.2%, recorded the highest growth rate of 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, with a decrease of -5.5% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 44% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 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 the United States ($X per unit), while the price for the United Arab Emirates ($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 (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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