Thailand: Radar Apparatus Market 2024

Radar Apparatus Market Size in Thailand

The Thai radar apparatus market reduced to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption saw a pronounced downturn. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Radar Apparatus Production in Thailand

In value terms, radar apparatus production shrank modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Radar Apparatus Exports

Exports from Thailand

For the third consecutive year, Thailand recorded growth in overseas shipments of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, which increased by X% to X units in 2022. In general, exports continue to indicate prominent growth. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, radar apparatus exports fell to $X in 2022. Over the period under review, exports, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Indonesia (X units) was the main destination for radar apparatus exports from Thailand, with a X% share of total exports. Moreover, radar apparatus exports to Indonesia exceeded the volume sent to the second major destination, Vietnam (X units), twofold. The United States (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 Indonesia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and the United States (X% per year).

In value terms, Indonesia ($X), Vietnam ($X) and Malaysia ($X) were the largest markets for radar apparatus exported from Thailand worldwide, together accounting for X% of total exports. Argentina, the United States and Belgium lagged somewhat behind, together accounting for a further X%.

Argentina, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of 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, which is down by X% against the previous year. Overall, the export price faced a deep reduction. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2016; however, from 2017 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 Malaysia ($X per unit), while the average price for exports to the United States ($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 Belgium (X%), while the prices for the other major destinations experienced mixed trend patterns.

Radar Apparatus Imports

Imports into Thailand

In 2022, approx. X units of radar apparatus, radio navigational aid apparatus and radio remote control apparatus were imported into Thailand; increasing by X% against 2021 figures. In general, imports, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, radar apparatus imports expanded significantly to $X in 2022. Over the period under review, imports recorded strong growth. The pace of growth appeared the most rapid in 2020 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, China (X units) constituted the largest supplier of radar apparatus to Thailand, accounting for a X% share of total imports. Moreover, radar apparatus imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), sixfold. The third position in this ranking was taken by Japan (X units), with a X% share.

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

In value terms, China ($X), Japan ($X) and Germany ($X) appeared to be the largest radar apparatus suppliers to Thailand, with a combined X% share of total imports. The Philippines, Taiwan (Chinese), Mexico, South Korea and Vietnam lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the Philippines, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average radar apparatus import price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price posted a resilient increase. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform

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