MERCOSUR: Radar Apparatus Market 2024

Radar Apparatus Market Size in MERCOSUR

The MERCOSUR radar apparatus market expanded modestly to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, recorded a mild setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Radar Apparatus Production in MERCOSUR

In value terms, radar apparatus production stood at $X in 2022 estimated in export price. In general, production, however, saw a pronounced curtailment. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Radar Apparatus Exports

Exports in MERCOSUR

After two 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. In general, exports, however, continue to indicate tangible growth. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, radar apparatus exports rose markedly to $X in 2022. Overall, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Brazil dominates exports structure, finishing at X units, which was approx. X% of total exports in 2022. It was distantly followed by Chile (X units), comprising an X% share of total exports. Colombia (X units) and Argentina (X units) took a little share of total exports.

Exports from Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Chile (X%) and Colombia (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Argentina (X%) illustrated a downward trend over the same period. Chile (X p.p.) and Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while Argentina saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest radar apparatus supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Chile ($X), with an X% share of total exports. It was followed by Colombia, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Brazil amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (X% per year) and Colombia (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, picking up by X% against the previous year. Overall, the export price, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2019 when the export price increased by X%. The level of export peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Colombia ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced a decline in the export price figures.

Radar Apparatus Imports

Imports in MERCOSUR

In 2022, imports of radar apparatus, radio navigational aid apparatus and radio remote control apparatus in MERCOSUR skyrocketed to X units, picking up by X% compared with the year before. Total imports indicated a tangible expansion from 2012 to 2022: its volume 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 2018 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, radar apparatus imports skyrocketed to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Brazil dominates imports structure, finishing at X units, which was approx. X% of total imports in 2022. It was distantly followed by Chile (X units), constituting a X% share of total imports. The following importers - Argentina (X units) and Colombia (X units) - together made up X% of total imports.

Imports into Brazil increased at an average annual rate of X% from 2012 to 2022. At the same time, Colombia (X%) and Argentina (X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Chile (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil and Colombia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported radar apparatus, radio navigational aid apparatus and radio remote control apparatus in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Chile ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

In Brazil, radar apparatus imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Chile (X% per year) and Argentina (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, leveling off at the previous year. Over the period under review, the import price recorded a perceptible contraction. The pace of growth was the most pronounced in 2015 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Argentina ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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