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United Kingdom - Marine Or River Navigation Instruments And Appliances - Market Analysis, Forecast, Size, Trends And Insights
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Article Publishing Date: Feb 16, 2023
UK Marine GPS Navigator Price Falls Sharply to $1,003 per Unit
United Kingdom Marine GPS Navigator Export Price in October 2022
In October 2022, the marine gps navigator price stood at $1,003 per unit (FOB, United Kingdom), falling by -43.4% against the previous month. In general, the export price showed a abrupt setback. The pace of growth appeared the most rapid in April 2022 when the average export price increased by 102% month-to-month. Over the period under review, the average export prices attained the peak figure at $4,066 per unit in February 2022; afterwards, it flattened through to October 2022.
There were significant differences in the average prices for the major overseas markets. In October 2022, the country with the highest price was Italy ($3,560 per unit), while the average price for exports to the Netherlands ($43.5 per unit) was amongst the lowest.
From January 2022 to October 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+47.7%), while the prices for the other major destinations experienced more modest paces of growth.
United Kingdom Marine GPS Navigator Exports
Marine GPS navigator exports from the UK skyrocketed to 17K units in October 2022, increasing by 92% compared with the previous month's figure. Overall, exports enjoyed prominent growth. The pace of growth was the most pronounced in February 2022 with an increase of 147% m-o-m. Over the period under review, the exports reached the maximum in October 2022.
In value terms, marine GPS navigator exports rose remarkably to $17M (IndexBox estimates) in October 2022. In general, exports enjoyed a pronounced increase. The growth pace was the most rapid in February 2022 with an increase of 267% m-o-m. As a result, the exports reached the peak of $43M. From March 2022 to October 2022, the growth of the exports remained at a lower figure.
United Kingdom Marine GPS Navigator Exports by Country
the Netherlands (5K units) was the main destination for marine GPS navigator exports from the UK, accounting for a 30% share of total exports. Moreover, marine GPS navigator exports to the Netherlands exceeded the volume sent to the second major destination, Denmark (2.2K units), twofold. The third position in this ranking was taken by the United States (1.5K units), with an 8.8% share.
From January 2022 to October 2022, the average monthly growth rate of volume to the Netherlands stood at +62.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Denmark (+64.2% per month) and the United States (+107.9% per month).
In value terms, the largest markets for marine GPS navigator exported from the UK were South Korea ($3M), the United States ($2.9M) and Germany ($2.6M), together comprising 51% of total exports.
the United States, with a CAGR of +124.9%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Marine GPS Navigator Market Overview
The marine GPS navigator market is growing rapidly. There are many factors that are driving this growth, including the increasing availability of affordable marine GPS units, the improved accuracy of GPS technology, and the growing popularity of boating as a recreational activity.
Marine GPS units have become much more affordable in recent years, making them accessible to a wider range of boaters. The improved accuracy of GPS technology has also made it more reliable for navigation, which is essential for safety on the water. The growing popularity of boating as a recreational activity has led to an increase in the demand for marine GPS navigators.
There are many different types of marine GPS navigators on the market, from simple handheld units to sophisticated chartplotters that can be integrated into a boat's onboard electronics system.
This report provides an in-depth analysis of the marine gps navigator market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
• Prodcom 26511180 - Instruments and appliances for navigation (including for marine or river navigation) (excluding for aeronautical or space navigation, compasses)
Country coverage:
• United Kingdom
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the UK
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles
Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
MARKET TRENDS
This Chapter is Available Only for the Professional Edition
PRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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