Australia - Marine Or River Navigation Instruments And Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMarine GPS Navigator Price in Australia - 2023
Contents:
- Marine GPS Navigator Price in Australia (CIF) - 2023
- Marine GPS Navigator Price in Australia (FOB) - 2022
- Marine GPS Navigator Imports in Australia
- Marine GPS Navigator Exports in Australia
Marine GPS Navigator Price in Australia (CIF) - 2023
In June 2023, the average marine GPS navigator import price amounted to $877 per unit, jumping by 108% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The import price peaked at $955 per unit in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($855 per unit), while the price for China ($153 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Marine GPS Navigator Price in Australia (FOB) - 2022
The average marine GPS navigator export price stood at $702 per unit in 2022, rising by 13% against the previous year. Over the period under review, the export price recorded prominent growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 46%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($5,433 per unit), while the average price for exports to Vietnam ($270 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 Singapore (+48.1%), while the prices for the other major destinations experienced more modest paces of growth.
Marine GPS Navigator Imports in Australia
Marine GPS navigator imports into Australia dropped markedly to 333K units in 2022, waning by -42.3% on 2021 figures. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. Over the period under review, imports attained the peak figure at 634K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, marine GPS navigator imports declined to $93M in 2022. Over the period under review, total imports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. As a result, imports reached the peak of $104M, and then fell in the following year.
Import of Marine GPS Navigator in Australia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 43.2 | 25.7 | 46.7 | 45.0 | 1.4% |
Taiwan (Chinese) | 12.3 | 16.3 | 24.7 | 19.6 | 16.8% |
Mexico | 6.9 | 6.1 | 6.5 | 7.0 | 0.5% |
Germany | 3.5 | 2.3 | 0.6 | 4.0 | 4.6% |
Norway | 0.9 | 1.0 | 2.3 | 2.6 | 42.4% |
China | 1.4 | 1.1 | 1.2 | 1.1 | -7.7% |
Hungary | 0.5 | 0.5 | 0.7 | 1.0 | 26.0% |
Others | 18.7 | 13.1 | 21.3 | 12.5 | -12.6% |
Total | 87.4 | 66.1 | 104 | 92.8 | 2.0% |
Top Suppliers of Marine GPS Navigator to Australia in 2022:
- Mexico (111.4K units)
- United States (62.6K units)
- Taiwan (Chinese) (54.5K units)
- Norway (33.8K units)
- Hungary (28.6K units)
- China (7.6K units)
- Germany (6.6K units)
Marine GPS Navigator Exports in Australia
In 2022, the amount of marine or river navigation instruments and appliances exported from Australia totaled 36K units, flattening at the year before. Overall, exports, however, showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. Over the period under review, the exports hit record highs at 43K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, marine GPS navigator exports expanded notably to $25M in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 65% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Marine GPS Navigator in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.0 | 1.4 | 3.1 | 8.0 | 58.7% |
New Zealand | 1.1 | 2.5 | 6.2 | 5.5 | 71.0% |
Canada | 0.5 | 1.3 | 1.5 | 2.6 | 73.2% |
Malaysia | 0.1 | 0.4 | 0.3 | 0.9 | 108.0% |
India | 0.1 | 0.2 | 0.5 | 0.7 | 91.3% |
China | 1.2 | 0.4 | 1.2 | 0.5 | -25.3% |
Netherlands | 0.5 | 0.3 | 0.4 | 0.4 | -7.2% |
South Korea | 1.2 | 0.8 | 0.1 | 0.4 | -30.7% |
North Macedonia | N/A | 0.1 | N/A | 0.3 | 73.2% |
United Kingdom | 1.3 | 1.9 | 1.2 | 0.3 | -38.7% |
Thailand | 0.8 | 0.2 | 0.5 | 0.3 | -27.9% |
Indonesia | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
Vietnam | 0.2 | N/A | 0.2 | 0.2 | 0.0% |
Others | 5.1 | 3.8 | 6.8 | 5.1 | 0.0% |
Total | 14.0 | 13.4 | 22.2 | 25.4 | 22.0% |
Top Export Markets for Marine GPS Navigator from Australia in 2022:
- New Zealand (15.8K units)
- United States (9.5K units)
- Malaysia (1.8K units)
- Canada (1.0K units)
- North Macedonia (1.0K units)
- Vietnam (0.8K units)
- India (0.7K units)
- Netherlands (0.6K units)
- Indonesia (0.6K units)
- Thailand (0.4K units)
- South Korea (0.4K units)
- United Kingdom (0.3K units)
- China (0.1K units)
This report provides an in-depth analysis of the marine gps navigator market in Australia. 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:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the marine gps navigator market in Australia.
This report provides an in-depth analysis of the gps navigator market in Australia.
This report provides an in-depth analysis of the direction finding compass market in Australia.
This report provides an in-depth analysis of the global marine gps navigator market.
This report provides an in-depth analysis of the global gps navigator market.
This report provides an in-depth analysis of the global direction finding compass market.
This report provides an in-depth analysis of the marine gps navigator market in Australia.
This report provides an in-depth analysis of the gps navigator market in Australia.
This report provides an in-depth analysis of the direction finding compass market in Australia.
This report provides an in-depth analysis of the global marine gps navigator market.
The price of the Marine GPS Navigator in May 2023 was $429 per unit (CIF, Australia), marking a decline of -55.3% compared to the previous month.
The price of the Marine GPS Navigator in May 2023 was $429 per unit (CIF, Australia), marking a decline of -55.3% compared to the previous month.