Italy - Direction Finding Compasses - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

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

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Direction Finding Compass Price in Italy - 2023

Contents:

  1. Direction Finding Compass Price in Italy (FOB) - 2022
  2. Direction Finding Compass Price in Italy (CIF) - 2022
  3. Direction Finding Compass Exports in Italy
  4. Direction Finding Compass Imports in Italy

Direction Finding Compass Price in Italy (FOB) - 2022

The average direction finding compass export price stood at $63 per unit in 2022, almost unchanged from the previous year. In general, the export price, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 232% against the previous year. As a result, the export price attained the peak level of $64 per unit, and then shrank slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($967 per unit), while the average price for exports to the Czech Republic ($41 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 Denmark (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.

Direction Finding Compass Price in Italy (CIF) - 2022

In 2022, the average direction finding compass import price amounted to $24 per unit, growing by 81% against the previous year. Over the period under review, the import price, however, continues to indicate a mild reduction. The growth pace was the most rapid in 2016 an increase of 220% against the previous year. As a result, import price reached the peak level of $66 per unit. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,682 per unit), while the price for Sweden ($51 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Direction Finding Compass Exports in Italy

Direction finding compass exports from Italy amounted to 184K units in 2022, with an increase of 4% compared with 2021 figures. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -3.7% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 61% against the previous year. As a result, the exports reached the peak of 192K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, direction finding compass exports amounted to $12M in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 207%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Direction Finding Compass in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia5176667,3534,591107.1%
QatarN/AN/A7211,765144.8%
Malaysia5.02.21.61,626587.7%
Denmark34289014872428.4%
United Kingdom69.122.311637074.9%
Germany50.411210232385.7%
United States315390291244-8.2%
CanadaN/A17.615.0172212.6%
France1531341721652.5%
Spain54.939.120813836.0%
Israel16.91.3N/A12494.3%
Singapore3.74.416172.8170.0%
Czech Republic11.03.37.335.948.3%
Others1,5001,3941,9861,228-6.5%
Total3,0383,67711,28111,57956.2%

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

  1. Australia (7.3K units)
  2. Malaysia (3.5K units)
  3. Germany (2.7K units)
  4. Qatar (2.5K units)
  5. Israel (2.2K units)
  6. United Kingdom (1.8K units)
  7. France (1.0K units)
  8. Czech Republic (0.9K units)
  9. Canada (0.7K units)
  10. Singapore (0.7K units)
  11. Denmark (0.7K units)
  12. Spain (0.6K units)
  13. United States (0.5K units)

Direction Finding Compass Imports in Italy

In 2022, imports of direction finding compasses into Italy surged to 231K units, with an increase of 19% against 2021 figures. The total import volume increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 35%. As a result, imports reached the peak of 268K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, direction finding compass imports skyrocketed to $5.5M in 2022. In general, imports, however, showed a deep contraction. Imports peaked at $6.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Direction Finding Compass in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3716557251,58162.1%
Netherlands101171442817100.7%
Germany47313027765811.6%
United Kingdom84.239.421731555.2%
France316103322252-7.3%
China203182116127-14.5%
Spain30.089.093.599.949.3%
Sweden19.645.148.726.610.7%
India8.810.45.7N/A-19.5%
Israel4,7172,53546.5N/A-90.1%
Others5174862701,64547.1%
Total6,8404,4462,5635,522-6.9%

Top Suppliers of Direction Finding Compass to Italy in 2022:

  1. United Kingdom (3.1K units)
  2. Germany (1.5K units)
  3. France (1.4K units)
  4. China (1.2K units)
  5. United States (0.9K units)
  6. Netherlands (0.8K units)
  7. Sweden (0.5K units)
  8. Spain (0.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the direction finding compass market in Italy. 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:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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