Global Marine Gps Navigator Market 2024

Marine Gps Navigator Market Size

In 2023, the global marine GPS navigator market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated notable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2021 indices. Over the period under review, the global market attained the peak level at $X in 2019; however, from 2020 to 2023, consumption failed to regain momentum.

Marine Gps Navigator Production

In value terms, marine GPS navigator production declined modestly to $X in 2023 estimated in export price. In general, the total production indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2021 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, global production attained the peak level at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Marine Gps Navigator Exports

Exports

In 2023, global marine gps navigator exports dropped to X units, declining by X% against the previous year. In general, exports recorded a precipitous descent. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2023, the growth of the global exports remained at a lower figure.

In value terms, marine GPS navigator exports reached $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the global exports reached the maximum in 2023 and are likely to continue growth in the near future.

Exports by Country

Taiwan (Chinese) was the largest exporting country with an export of around X units, which finished at X% of total exports. China (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Mexico (X%), the United States (X%) and the Netherlands (X%). The following exporters - Israel (X units), Hong Kong SAR (X units) and Turkey (X units) - each finished at a X% share of total exports.

Taiwan (Chinese) was also the fastest-growing in terms of the marine or river navigation instruments and appliances exports, with a CAGR of X% from 2012 to 2023. At the same time, the Netherlands (X%), China (X%), Turkey (X%), Israel (X%) and Mexico (X%) displayed positive paces of growth. By contrast, the United States (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. Taiwan (Chinese) (X p.p.), China (X p.p.), Mexico (X p.p.), the United States (X p.p.), the Netherlands (X p.p.), Israel (X p.p.), Turkey (X p.p.) and Hong Kong SAR (X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest marine GPS navigator supplying countries worldwide were the United States ($X), Taiwan (Chinese) ($X) and the Netherlands ($X), together accounting for X% of global exports.

Taiwan (Chinese), with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average marine GPS navigator export price stood at $X per unit in 2023, increasing by X% against the previous year. Over the period under review, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2020; however, from 2021 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Marine Gps Navigator Imports

Imports

Global marine GPS navigator imports skyrocketed to X units in 2023, growing by X% on 2022. Overall, imports recorded a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, marine GPS navigator imports stood at $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, global imports hit record highs in 2023 and are expected to retain growth in years to come.

Imports by Country

Zimbabwe was the largest importing country with an import of around X units, which finished at X% of total imports. The United States (X units) ranks second in terms of the total imports with a X% share, followed by Japan (X%) and Grenada (X%). The following importers - the Netherlands (X units), Turkmenistan (X units), Mexico (X units), the UK (X units), Canada (X units) and Australia (X units) - each resulted at an X% share of total imports.

Imports into Zimbabwe increased at an average annual rate of X% from 2012 to 2023. At the same time, Grenada (X%), Japan (X%), Mexico (X%), Turkmenistan (X%), the Netherlands (X%) and the UK (X%) displayed positive paces of growth. Moreover, Grenada emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. The United States experienced a relatively flat trend pattern. By contrast, Australia (X%) and Canada (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Zimbabwe, Japan, Grenada and the Netherlands increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported marine or river navigation instruments and appliances worldwide, comprising X% of global imports. The second position in the ranking was taken by the Netherlands ($X), with an X% share of global imports. It was followed by the UK, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in the United States totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and the UK (X% per year).

Import Prices by Country

The average marine GPS navigator import price stood at $X per unit in 2023, reducing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Zimbabwe ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform