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

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

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Marine GPS Navigator Price in Singapore - 2022

Contents:

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

Marine GPS Navigator Price in Singapore (CIF) - 2022

The average marine GPS navigator import price stood at $238 per unit in 2022, increasing by 7.4% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Vietnam ($354 per unit), while the price for Malaysia ($231 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Marine GPS Navigator Price in Singapore (FOB) - 2022

In 2022, the average marine GPS navigator export price amounted to $600 per unit, surging by 7.6% against the previous year. Overall, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2016 an increase of 80%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Denmark ($618 per unit) and the UK ($614 per unit), while the average price for exports to the United Arab Emirates ($444 per unit) and France ($448 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.

Marine GPS Navigator Imports in Singapore

In 2022, the amount of marine or river navigation instruments and appliances imported into Singapore reduced dramatically to 144K units, waning by -30.4% against 2021 figures. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. As a result, imports reached the peak of 207K units, and then fell dramatically in the following year.

In value terms, marine GPS navigator imports dropped significantly to $34M in 2022. Over the period under review, imports showed a noticeable contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 65% against the previous year. As a result, imports reached the peak of $46M, and then reduced notably in the following year.

Import of Marine GPS Navigator in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan6.12.88.36.73.2%
France3.12.78.34.714.9%
Norway3.02.82.44.111.0%
United States5.95.07.53.9-12.9%
United Kingdom6.34.18.53.1-21.1%
Germany7.74.63.32.3-33.2%
Malaysia0.20.12.51.176.5%
China1.20.90.61.1-2.9%
Mexico0.40.30.40.931.0%
VietnamN/AN/AN/A0.90%
Australia0.60.40.40.75.3%
Taiwan (Chinese)0.70.90.60.6-5.0%
Indonesia0.20.20.10.535.7%
Others4.02.83.03.5-4.4%
Total39.427.745.834.2-4.6%

Top Suppliers of Marine GPS Navigator to Singapore in 2022:

  1. Japan (29.1K units)
  2. France (20.2K units)
  3. Norway (17.8K units)
  4. United States (17.0K units)
  5. United Kingdom (13.5K units)
  6. Germany (10.1K units)
  7. Malaysia (4.8K units)
  8. China (4.7K units)
  9. Australia (2.9K units)
  10. Taiwan (Chinese) (2.8K units)
  11. Mexico (2.6K units)
  12. Vietnam (2.4K units)
  13. Indonesia (2.2K units)

Marine GPS Navigator Exports in Singapore

In 2022, the amount of marine or river navigation instruments and appliances exported from Singapore declined markedly to 41K units, which is down by -22.9% on the previous year. In general, exports saw a abrupt slump. The smallest decline of -13.2% was in 2020. Over the period under review, the exports hit record highs at 75K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, marine GPS navigator exports reduced rapidly to $25M in 2022. Over the period under review, exports continue to indicate a abrupt decrease. The smallest decline of -4.5% was in 2020. The exports peaked at $34M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Marine GPS Navigator in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia15.811.79.86.6-25.2%
Malaysia3.95.32.63.5-3.5%
China2.94.35.83.56.5%
Australia0.60.30.91.329.4%
United Kingdom1.81.91.81.1-15.1%
Taiwan (Chinese)0.51.22.11.026.0%
Denmark0.50.40.31.026.0%
United States0.60.50.90.810.1%
India0.50.21.70.711.9%
Vietnam0.30.40.40.732.6%
United Arab EmiratesN/A0.10.10.5123.6%
France0.60.50.40.5-5.9%
Hong Kong SAR0.20.40.30.535.7%
Others5.65.22.63.0-18.8%
Total33.832.329.724.6-10.0%

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

  1. Indonesia (10.8K units)
  2. China (5.8K units)
  3. Malaysia (5.7K units)
  4. Australia (2.1K units)
  5. United Kingdom (1.8K units)
  6. Taiwan (Chinese) (1.7K units)
  7. Denmark (1.6K units)
  8. United States (1.4K units)
  9. India (1.2K units)
  10. Vietnam (1.2K units)
  11. France (1.1K units)
  12. United Arab Emirates (1.0K units)
  13. Hong Kong SAR (0.8K units)

Source: IndexBox Market Intelligence Platform

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

  • Singapore

Data coverage:

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