Report Update: Apr 1, 2024

Brazil - Direction Finding Compasses - Market Analysis, Forecast, Size, Trends And Insights

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Direction Finding Compass Price in Brazil - 2023

Direction Finding Compass Price in Brazil (CIF) - 2022

In 2022, the average direction finding compass import price amounted to $17 per unit, falling by -9.5% against the previous year. Over the period under review, the import price saw a pronounced shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 143% against the previous year. The import price peaked at $27 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($311 per unit), while the price for Finland ($2.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+38.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Direction Finding Compass Price in Brazil (FOB) - 2022

The average direction finding compass export price stood at $2,371 per unit in 2022, increasing by 166% against the previous year. In general, the export price recorded significant growth. The most prominent rate of growth was recorded in 2013 an increase of 449%. The export price peaked at $3,245 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($7,680 per unit), while the average price for exports to China ($49 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 Italy (+84.6%), while the prices for the other major destinations experienced more modest paces of growth.

Direction Finding Compass Imports in Brazil

After two years of decline, supplies from abroad of direction finding compasses increased by 52% to 155K units in 2022. Overall, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, direction finding compass imports skyrocketed to $2.6M in 2022. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 74% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Direction Finding Compass in Brazil (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	442	227	478	783	21.0%
France	219	78.3	486	590	39.1%
Japan	20.4	204	45.7	212	118.2%
Norway	N/A	110	83.2	162	21.4%
China	89.1	51.7	122	153	19.7%
Taiwan (Chinese)	24.8	53.0	53.2	104	61.3%
Finland	1.9	N/A	0.4	20.3	120.2%
Hong Kong SAR	43.3	28.1	7.7	20.3	-22.3%
Italy	3.2	8.2	13.5	15.3	68.5%
Panama	81.8	N/A	N/A	2.5	-68.7%
Sweden	22.0	15.8	8.9	2.5	-51.6%
Others	276	326	619	571	27.4%
Total	1,224	1,102	1,918	2,637	29.2%

Top Suppliers of Direction Finding Compass to Brazil in 2022:

Panama (undefinedK units)
United States (90.9K units)
Norway (15.6K units)
China (14.1K units)
France (10.0K units)
Finland (7.9K units)
Italy (5.0K units)
Japan (3.2K units)
Hong Kong SAR (1.8K units)
Taiwan (Chinese) (0.3K units)
Sweden (0.3K units)

Direction Finding Compass Exports in Brazil

Direction finding compass exports from Brazil dropped sharply to 102 units in 2022, with a decrease of -94.4% on 2021 figures. In general, exports, however, posted a modest increase. The pace of growth was the most pronounced in 2021 with an increase of 2,853% against the previous year. As a result, the exports reached the peak of 1.8K units, and then declined dramatically in the following year.

In value terms, direction finding compass exports reduced dramatically to $242K in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,493% against the previous year. As a result, the exports reached the peak of $1.6M, and then dropped dramatically in the following year.

Export of Direction Finding Compass in Brazil (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	N/A	N/A	5.7	102	1689.5%
Germany	N/A	N/A	98.4	76.8	-22.0%
Chile	N/A	N/A	N/A	43.0	0%
United States	75.0	7.3	1,512	9.6	-49.6%
Italy	5.8	0.1	N/A	3.5	-15.5%
Liberia	0.1	N/A	N/A	1.4	141.0%
Bahamas	1.3	N/A	N/A	1.3	0.0%
Panama	12.7	16.9	0.3	0.9	-58.6%
Marshall Islands	1.0	0.5	0.4	0.7	-11.2%
Malta	N/A	N/A	N/A	0.4	0%
Hong Kong SAR	0.2	12.0	N/A	0.3	14.5%
China	N/A	13.4	0.1	0.1	-91.4%
Others	10.8	12.8	18.1	1.9	-44.0%
Total	107	63.0	1,635	242	31.3%

Top Export Markets for Direction Finding Compass from Brazil in 2022:

France (33.0 units)
Chile (19.0 units)
United States (19.0 units)
Germany (10.0 units)
Liberia (4.0 units)
Italy (2.0 units)
Panama (2.0 units)
Malta (2.0 units)
Bahamas (2.0 units)
China (2.0 units)
Marshall Islands (2.0 units)
Hong Kong SAR (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the direction finding compass market in Brazil. 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 26511120 - Direction finding compasses (including magnetic, gyroscopic, b innacle and position finding)

Country coverage:

Brazil

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Brazil
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023