Peru - Marine Or River Navigation Instruments And Appliances - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

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

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Marine GPS Navigator Price in Peru - 2021

Contents:

  1. Marine GPS Navigator Price in Peru (CIF) - 2021
  2. Marine GPS Navigator Price in Peru (FOB) - 2022
  3. Marine GPS Navigator Imports in Peru
  4. Marine GPS Navigator Exports in Peru

Marine GPS Navigator Price in Peru (CIF) - 2021

In April 2020, the average marine GPS navigator import price amounted to $67.2 per unit, shrinking by -23% against the previous month. Over the period under review, the import price continues to indicate a significant decline. As a result, import price reached the peak level of $179 per unit. From February 2020 to April 2020, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In April 2020, the country with the highest price was the United States ($189 per unit), while the price for Japan stood at $56.3 per unit.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Denmark (0.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Marine GPS Navigator Price in Peru (FOB) - 2022

In 2022, the average marine GPS navigator export price amounted to $261 per unit, surging by 8.2% against the previous year. Overall, the export price recorded a noticeable expansion. The pace of growth was the most pronounced in 2018 an increase of 311% against the previous year. The export price peaked at $316 per unit in 2013; however, from 2014 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 the United States ($278 per unit), while the average price for exports to Ecuador amounted to $64 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.7%), while the prices for the other major destinations experienced a decline.

Marine GPS Navigator Imports in Peru

After three years of growth, purchases abroad of marine or river navigation instruments and appliances decreased by -7.3% to 22K units in 2022. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, imports attained the peak of 24K units, and then contracted in the following year.

In value terms, marine GPS navigator imports fell to $2.5M in 2022. The total import value increased at an average annual rate of +8.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports reached the peak of $2.8M, and then dropped in the following year.

Import of Marine GPS Navigator in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,1771,3111,4221,2672.5%
United States31638389079335.9%
Taiwan (Chinese)81.914714112615.4%
China74.021.312110813.4%
South Korea91.577.587.978.3-5.1%
United Kingdom68.131.959.352.8-8.1%
Others15025579.288.9-16.0%
Total1,9592,2262,8022,5148.7%

Top Suppliers of Marine GPS Navigator to Peru in 2022:

  1. Japan (12.4K units)
  2. United States (3.9K units)
  3. Taiwan (Chinese) (1.9K units)
  4. China (1.9K units)
  5. South Korea (0.8K units)
  6. United Kingdom (0.5K units)

Marine GPS Navigator Exports in Peru

In 2022, after three years of growth, there was significant decline in shipments abroad of marine or river navigation instruments and appliances, when their volume decreased by -26.1% to 1K units. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 77% against the previous year. As a result, the exports reached the peak of 1.4K units, and then dropped notably in the following year.

In value terms, marine GPS navigator exports contracted sharply to $263K in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 67%. As a result, the exports reached the peak of $329K, and then fell dramatically in the following year.

Export of Marine GPS Navigator in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States61.413227525861.4%
Ecuador0.20.75.65.2196.2%
Chile4.0N/AN/AN/A0%
SpainN/AN/A34.1N/A0%
Germany2.5N/AN/AN/A0%
PanamaN/A0.8N/AN/A0%
Singapore62.5N/AN/AN/A0%
Colombia2.5N/AN/AN/A0%
NetherlandsN/A9.4N/AN/A0%
BrazilN/A53.5N/AN/A0%
OthersN/AN/A13.6N/A0%
Total13319732926325.5%

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

  1. United States (926.0 units)
  2. Ecuador (82.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the marine gps navigator market in Peru. 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:

  • Peru

Data coverage:

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