Norway - Marine Or River Navigation Instruments And Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMarine GPS Navigator Price in Norway - 2023
Contents:
- Marine GPS Navigator Price in Norway (FOB) - 2022
- Marine GPS Navigator Price in Norway (CIF) - 2022
- Marine GPS Navigator Exports in Norway
- Marine GPS Navigator Imports in Norway
Marine GPS Navigator Price in Norway (FOB) - 2022
In 2022, the average marine GPS navigator export price amounted to $306 per unit, surging by 10% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% 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 increased by +34.2% against 2018 indices. The growth pace was the most rapid in 2018 when the average export price increased by 26%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($456 per unit), while the average price for exports to Bangladesh ($94 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 South Korea (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.
Marine GPS Navigator Price in Norway (CIF) - 2022
The average marine GPS navigator import price stood at $300 per unit in 2022, rising by 80% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($705 per unit), while the price for Poland ($133 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Marine GPS Navigator Exports in Norway
In 2022, after three years of growth, there was significant decline in overseas shipments of marine or river navigation instruments and appliances, when their volume decreased by -31.5% to 346K units. Over the period under review, exports showed a perceptible reduction. The pace of growth was the most pronounced in 2021 when exports increased by 30%. As a result, the exports reached the peak of 505K units, and then shrank dramatically in the following year.
In value terms, marine GPS navigator exports declined significantly to $106M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 59% against the previous year. As a result, the exports reached the peak of $140M, and then dropped markedly in the following year.
| Export of Marine GPS Navigator in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.8 | 19.2 | 33.4 | 14.7 | 23.5% |
| United Kingdom | 5.1 | 5.1 | 6.8 | 10.1 | 25.6% |
| Spain | 10.6 | 7.4 | 5.8 | 7.4 | -11.3% |
| Netherlands | 5.5 | 3.7 | 5.7 | 6.4 | 5.2% |
| Turkey | 4.3 | 6.5 | 8.5 | 6.3 | 13.6% |
| South Korea | 6.0 | 3.6 | 5.9 | 6.3 | 1.6% |
| Denmark | 4.5 | 3.1 | 4.5 | 4.3 | -1.5% |
| Singapore | 2.4 | 1.9 | 2.1 | 4.0 | 18.6% |
| France | 2.8 | 1.5 | 2.2 | 3.8 | 10.7% |
| Brazil | 2.7 | 3.1 | 2.6 | 3.4 | 8.0% |
| Vietnam | 0.1 | 0.7 | 1.3 | 2.5 | 192.4% |
| Peru | 0.3 | 0.6 | 1.2 | 1.6 | 74.7% |
| Bangladesh | 0.1 | N/A | 1.1 | 1.0 | 115.4% |
| Others | 28.9 | 31.2 | 58.7 | 34.2 | 5.8% |
| Total | 81.1 | 87.8 | 140 | 106 | 9.3% |
Top Export Markets for Marine GPS Navigator from Norway in 2022:
- Turkey (44.1K units)
- United States (35.4K units)
- Spain (28.2K units)
- United Kingdom (28.0K units)
- Netherlands (20.4K units)
- Vietnam (20.3K units)
- South Korea (19.0K units)
- Denmark (18.4K units)
- France (11.8K units)
- Bangladesh (10.7K units)
- Singapore (8.7K units)
- Brazil (8.2K units)
- Peru (8.2K units)
Marine GPS Navigator Imports in Norway
In 2022, purchases abroad of marine or river navigation instruments and appliances decreased by -19.5% to 203K units, falling for the second year in a row after two years of growth. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 7.3%. As a result, imports attained the peak of 270K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, marine GPS navigator imports soared to $61M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.3% 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 +45.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Marine GPS Navigator in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.8 | 12.9 | 10.4 | 23.3 | 44.0% |
| United Kingdom | 6.6 | 8.2 | 3.6 | 7.5 | 4.4% |
| Taiwan (Chinese) | 1.5 | 2.0 | 3.0 | 3.6 | 33.9% |
| Japan | 3.1 | 2.5 | 1.3 | 3.4 | 3.1% |
| Canada | 2.3 | 2.9 | 3.5 | 3.3 | 12.8% |
| Mexico | 4.6 | 4.0 | 3.6 | 2.8 | -15.3% |
| Malaysia | 0.1 | 1.1 | 2.1 | 2.1 | 175.9% |
| Germany | 0.5 | 3.8 | 2.0 | 1.9 | 56.0% |
| China | 0.8 | 1.6 | 1.3 | 1.7 | 28.6% |
| Estonia | N/A | 0.9 | 1.2 | 1.4 | 24.7% |
| Netherlands | 1.0 | 1.1 | 1.7 | 1.0 | 0.0% |
| Australia | 5.1 | 0.1 | 0.1 | 0.9 | -43.9% |
| Poland | 0.2 | 0.2 | 0.3 | 0.5 | 35.7% |
| Others | 8.3 | 4.6 | 7.8 | 7.5 | -3.3% |
| Total | 41.9 | 46.0 | 42.0 | 61.0 | 13.3% |
Top Suppliers of Marine GPS Navigator to Norway in 2022:
- United States (84.2K units)
- Japan (20.7K units)
- United Kingdom (18.0K units)
- Canada (15.4K units)
- Taiwan (Chinese) (14.1K units)
- China (7.1K units)
- Mexico (7.0K units)
- Germany (6.7K units)
- Malaysia (6.5K units)
- Poland (3.7K units)
- Estonia (3.6K units)
- Netherlands (1.4K units)
- Australia (0.4K units)
This report provides an in-depth analysis of the marine gps navigator market in Norway. 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:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- 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
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