Indonesia's Radar, Navigational Aid, and Remote Control Market Peaks in 2024
Indonesia's consumption of radar apparatus, radio navigational aid apparatus, and radio remote control apparatus reached its peak value of $X between 2018 and 2024. However, the market witnessed a downturn in 2024, with a decrease in sales value to $X.
In terms of value, imports of these products soared to $X in 2024, demonstrating resilient growth over the period. Conversely, production in Indonesia contracted to $X in 2024, showing a noticeable reduction. The average export price for these products stood at $X per unit in 2024, declining by X% compared to the previous year. Exports from Indonesia also decreased, reaching X units in 2024, with a significant slump overall. Despite being a major producer and exporter of raw materials and simple industrial goods, Indonesia's role in high-tech exports like radar and navigational aids remains limited. Its exports in this sector are primarily regional, with neighboring countries and military partners being the main recipients.
In 2024, the Indonesian market for these products experienced a decrease in sales value, with imports and exports both showing a downturn. While Indonesia is not a global leader in the export of such high-tech products, its regional trade in this sector continues. For detailed information on export destinations, it is recommended to consult official sources such as the Indonesia Ministry of Trade and Statistics Indonesia.
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