Republic of Korea - Marine Or River Navigation Instruments And Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMarine GPS Navigator Price in South Korea - 2022
Contents:
- Marine GPS Navigator Price in South Korea (CIF) - 2022
- Marine GPS Navigator Price in South Korea (FOB) - 2022
- Marine GPS Navigator Imports in South Korea
- Marine GPS Navigator Exports in South Korea
Marine GPS Navigator Price in South Korea (CIF) - 2022
The average marine GPS navigator import price stood at $295 per unit in 2022, picking up by 4.5% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2016 an increase of 30%. As a result, import price reached the peak level of $333 per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($423 per unit), while the price for Japan ($115 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Marine GPS Navigator Price in South Korea (FOB) - 2022
The average marine GPS navigator export price stood at $204 per unit in 2022, shrinking by -2.8% against the previous year. Overall, the export price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 50%. Over the period under review, the average export prices hit record highs at $210 per unit in 2021, and then shrank slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($255 per unit), while the average price for exports to the UK ($144 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 the Netherlands (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.
Marine GPS Navigator Imports in South Korea
In 2022, overseas purchases of marine or river navigation instruments and appliances were finally on the rise to reach 302K units after two years of decline. Over the period under review, imports, however, showed a abrupt setback. Imports peaked at 355K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, marine GPS navigator imports stood at $89M in 2022. In general, imports, however, continue to indicate a perceptible contraction. Imports peaked at $104M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Marine GPS Navigator in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 28.4 | 40.7 | 21.0 | 32.7 | 4.8% |
| Japan | 23.0 | 17.8 | 8.4 | 12.3 | -18.8% |
| Norway | 5.9 | 3.6 | 3.2 | 6.6 | 3.8% |
| Canada | 3.9 | 3.5 | 0.9 | 2.9 | -9.4% |
| China | 0.6 | 1.0 | 1.5 | 2.7 | 65.1% |
| Israel | 2.6 | 0.1 | 27.9 | N/A | 227.6% |
| Others | 39.2 | 28.4 | 20.2 | 31.9 | -6.6% |
| Total | 104 | 95.1 | 83.0 | 89.1 | -5.0% |
Top Suppliers of Marine GPS Navigator to South Korea in 2022:
- Israel (undefinedK units)
- United States (114.1K units)
- Japan (106.8K units)
- China (22.0K units)
- Norway (15.6K units)
- Canada (10.0K units)
Marine GPS Navigator Exports in South Korea
In 2022, shipments abroad of marine or river navigation instruments and appliances was finally on the rise to reach 108K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt decline. The exports peaked at 134K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, marine GPS navigator exports shrank slightly to $22M in 2022. Overall, exports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 3.4% against the previous year. Over the period under review, the exports reached the maximum at $27M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Marine GPS Navigator in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 5.1 | 4.2 | 4.5 | 5.6 | 3.2% |
| United States | 3.5 | 2.7 | 3.8 | 4.3 | 7.1% |
| China | 1.1 | 1.1 | 1.2 | 2.1 | 24.1% |
| United Kingdom | 1.2 | 0.9 | 0.6 | 1.0 | -5.9% |
| France | 2.3 | 2.4 | 1.2 | 0.7 | -32.7% |
| Australia | 0.7 | 1.0 | 1.0 | 0.6 | -5.0% |
| Turkey | 0.3 | 0.4 | 0.4 | 0.4 | 10.1% |
| Singapore | 1.0 | 0.4 | 0.3 | 0.4 | -26.3% |
| Indonesia | 2.6 | 0.7 | 0.4 | N/A | -60.8% |
| Others | 9.3 | 7.8 | 9.0 | 6.9 | -9.5% |
| Total | 27.2 | 21.7 | 22.4 | 22.0 | -6.8% |
Top Export Markets for Marine GPS Navigator from South Korea in 2022:
- Japan (38.1K units)
- United States (16.8K units)
- China (12.4K units)
- United Kingdom (7.0K units)
- France (4.5K units)
- Australia (3.6K units)
- Turkey (2.4K units)
- Singapore (1.5K units)
This report provides an in-depth analysis of the marine gps navigator market in Republic of Korea. 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:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- 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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