Bangladesh - Aeronautical Or Space Navigation Instruments And Appliances - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Bangladesh - Aeronautical Or Space Navigation Instruments And Appliances - Market Analysis, Forecast, Size, Trends And Insights

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GPS Navigator Price in Bangladesh - 2022

Contents:

  1. GPS Navigator Price in Bangladesh (CIF) - 2022
  2. GPS Navigator Price in Bangladesh (FOB) - 2022
  3. GPS Navigator Imports in Bangladesh
  4. GPS Navigator Exports in Bangladesh

GPS Navigator Price in Bangladesh (CIF) - 2022

The average GPS navigator import price stood at $8,385 per unit in 2022, with a decrease of -16.9% against the previous year. In general, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of 22% against the previous year. As a result, import price attained the peak level of $34,237 per unit. From 2019 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($22,195 per unit), while the price for Australia ($517 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+32.5%), while the prices for the other major suppliers experienced more modest paces of growth.

GPS Navigator Price in Bangladesh (FOB) - 2022

In 2022, the average GPS navigator export price amounted to $11,954 per unit, with a decrease of -44.7% against the previous year. Over the period under review, the export price recorded a pronounced descent. The most prominent rate of growth was recorded in 2016 an increase of 1,595%. Over the period under review, the average export prices hit record highs at $21,623 per unit in 2021, and then shrank notably in the following year.

As there is only one major export destination, the average price level is determined by prices for the Czech Republic.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +233.0% per year.

GPS Navigator Imports in Bangladesh

In 2022, purchases abroad of aeronautical or space navigation instruments and appliances increased by 28% to 146 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a deep setback. Over the period under review, imports attained the peak figure at 198 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, GPS navigator imports rose markedly to $1.2M in 2022. In general, imports, however, showed a significant contraction. Over the period under review, imports hit record highs at $3.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of GPS Navigator in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France490N/A65.66469.7%
Canada16.410.635.811591.4%
Netherlands40518521588.8-39.7%
United Kingdom317519N/A66.3-40.6%
Spain409N/A16140.7-53.7%
Italy303N/A66.628.7-54.4%
ChinaN/AN/AN/A9.30%
Singapore72.623241.78.3-51.5%
United Arab Emirates1757.522.18.0-64.2%
Ukraine1738.016.11.5-79.5%
United States209N/A99.81.2-82.1%
RussiaN/A40562.5N/A-84.6%
GeorgiaN/AN/A18.7N/A0%
Others635196346210-30.8%
Total3,2041,5641,1511,224-27.4%

Top Suppliers of GPS Navigator to Bangladesh in 2022:

  1. France (70.0 units)
  2. Canada (13.0 units)
  3. Spain (6.0 units)
  4. United Kingdom (5.0 units)
  5. Netherlands (4.0 units)
  6. Italy (2.0 units)
  7. United Arab Emirates (2.0 units)
  8. China (2.0 units)
  9. Ukraine (1.0 units)
  10. Singapore (1.0 units)
  11. United States (1.0 units)

GPS Navigator Exports in Bangladesh

In 2022, approx. 32 units of aeronautical or space navigation instruments and appliances were exported from Bangladesh; with an increase of 129% compared with the previous year's figure. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,800% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, GPS navigator exports surged to $383K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 2,939%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of GPS Navigator in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic1.0N/AN/A383626.2%
SpainN/AN/A53.5N/A0%
United StatesN/A9.531.5N/A231.6%
FranceN/AN/A218N/A0%
ItalyN/A110N/AN/A0%
GeorgiaN/A4.9N/AN/A0%
Others5.574.1N/AN/A1247.3%
Total6.5198303383289.1%

Top Export Markets for GPS Navigator from Bangladesh in 2022:

  1. Czech Republic (32.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the gps navigator market in Bangladesh. 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 26511150 - Instruments and appliances for aeronautical or space navigation (excluding compasses)

Country coverage:

  • Bangladesh

Data coverage:

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