Report Update: May 1, 2024

Italy - Marine Or River Navigation Instruments And Appliances - Market Analysis, Forecast, Size, Trends And Insights

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Marine GPS Navigator Price in Italy - 2023

Marine GPS Navigator Price in Italy (CIF) - 2022

In 2022, the average marine GPS navigator import price amounted to $146 per unit, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2014 an increase of 48%. As a result, import price reached the peak level of $169 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 United States ($485 per unit), while the price for Estonia ($77 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Marine GPS Navigator Price in Italy (FOB) - 2022

The average marine GPS navigator export price stood at $118 per unit in 2022, reducing by -11.7% against the previous year. Overall, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, marine GPS navigator export price decreased by -26.8% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 68% against the previous year. Over the period under review, the average export prices hit record highs at $162 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($270 per unit), while the average price for exports to Kyrgyzstan ($13 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 Algeria (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Marine GPS Navigator Imports in Italy

In 2022, marine gps navigator imports into Italy dropped rapidly to 280K units, waning by -19.8% on the year before. Over the period under review, imports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 99%. As a result, imports attained the peak of 349K units, and then declined remarkably in the following year.

In value terms, marine GPS navigator imports contracted markedly to $41M in 2022. Overall, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 98% against the previous year. As a result, imports reached the peak of $50M, and then declined markedly in the following year.

Import of Marine GPS Navigator in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	3.8	5.0	9.5	11.8	45.9%
United Kingdom	4.2	3.5	13.4	9.4	30.8%
United States	2.4	6.5	7.3	7.8	48.1%
Ireland	0.8	0.4	1.9	5.0	84.2%
Germany	7.1	4.1	7.4	1.2	-44.7%
Spain	2.9	0.2	1.2	0.9	-32.3%
Estonia	N/A	N/A	N/A	0.4	0%
Greece	2.2	N/A	N/A	N/A	0%
Others	9.0	5.7	9.5	4.4	-21.2%
Total	32.4	25.3	50.3	40.8	8.0%

Top Suppliers of Marine GPS Navigator to Italy in 2022:

Greece (undefinedK units)
United Kingdom (122.3K units)
Netherlands (86.7K units)
Ireland (18.3K units)
United States (16.0K units)
Spain (5.3K units)
Estonia (5.0K units)
Germany (4.8K units)

Marine GPS Navigator Exports in Italy

In 2022, overseas shipments of marine or river navigation instruments and appliances were finally on the rise to reach 278K units after two years of decline. Over the period under review, exports, however, recorded a abrupt descent. The exports peaked at 355K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, marine GPS navigator exports skyrocketed to $33M in 2022. Overall, exports, however, faced a abrupt slump. The exports peaked at $57M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Marine GPS Navigator in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Algeria	N/A	10.4	N/A	9.6	-3.9%
Turkey	3.5	4.5	1.0	4.1	5.4%
Qatar	N/A	N/A	1.1	2.1	90.9%
United States	29.9	3.2	1.4	2.0	-59.4%
Japan	2.9	0.8	1.2	0.9	-32.3%
Canada	0.2	N/A	0.1	0.6	44.2%
Netherlands	1.4	2.4	0.7	0.6	-24.6%
United Arab Emirates	0.1	0.1	0.1	0.4	58.7%
France	1.3	0.7	0.9	0.4	-32.5%
Kenya	3.2	N/A	0.3	0.3	-54.6%
Tunisia	0.2	0.2	0.1	0.2	0.0%
South Korea	0.3	0.1	0.2	0.2	-12.6%
Kyrgyzstan	N/A	N/A	N/A	0.1	0%
Others	14.5	8.0	11.4	11.6	-7.2%
Total	57.4	30.3	18.6	32.9	-16.9%

Top Export Markets for Marine GPS Navigator from Italy in 2022:

Algeria (94.9K units)
Turkey (51.5K units)
Tunisia (10.9K units)
United States (8.5K units)
Netherlands (8.2K units)
Qatar (7.9K units)
United Arab Emirates (5.9K units)
South Korea (5.3K units)
Kyrgyzstan (5.2K units)
Japan (4.8K units)
Canada (4.4K units)
France (4.2K units)
Kenya (2.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the marine gps navigator 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 26511180 - Instruments and appliances for navigation (including for marine or river navigation) (excluding for aeronautical or space navigation, compasses)

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:

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