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

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

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Marine GPS Navigator Price in the UK - 2023

Contents:

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

Marine GPS Navigator Price in the UK (FOB) - 2022

The average marine GPS navigator export price stood at $628 per unit in 2022, remaining relatively unchanged against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 +65.0% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($1,800 per unit), while the average price for exports to Ukraine ($75 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 United Arab Emirates (+25.2%), while the prices for the other major destinations experienced more modest paces of growth.

Marine GPS Navigator Price in the UK (CIF) - 2022

In 2022, the average marine GPS navigator import price amounted to $373 per unit, with an increase of 22% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 30%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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 Italy ($3,549 per unit), while the price for Mexico ($53 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+51.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Marine GPS Navigator Exports in the UK

In 2022, the amount of marine or river navigation instruments and appliances exported from the UK dropped slightly to 395K units, which is down by -3% against the previous year's figure. In general, exports saw a deep contraction. The exports peaked at 649K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, marine GPS navigator exports shrank slightly to $248M in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year. As a result, the exports attained the peak of $254M, and then shrank slightly in the following year.

Export of Marine GPS Navigator in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States96.489.974.165.7-12.0%
United Arab Emirates9.022.047.733.154.4%
Germany12.110.621.128.432.9%
Italy10.912.121.414.810.7%
South Korea7.510.08.612.919.8%
France10.76.114.311.62.7%
Spain2.92.24.36.631.5%
Turkey19.76.35.84.0-41.2%
Netherlands1.92.34.93.826.0%
Ireland3.02.03.92.1-11.2%
Qatar0.20.20.31.7104.1%
Poland1.71.90.21.2-11.0%
UkraineN/AN/A0.10.6500.0%
Others70.656.147.661.1-4.7%
Total2472222542480.1%

Top Export Markets for Marine GPS Navigator from the UK in 2022:

  1. France (70.9K units)
  2. United Arab Emirates (56.1K units)
  3. United States (37.8K units)
  4. Netherlands (24.7K units)
  5. Spain (21.8K units)
  6. Germany (17.8K units)
  7. South Korea (14.0K units)
  8. Poland (8.9K units)
  9. Ukraine (8.6K units)
  10. Qatar (8.5K units)
  11. Italy (8.2K units)
  12. Ireland (7.8K units)
  13. Turkey (7.5K units)

Marine GPS Navigator Imports in the UK

In 2022, overseas purchases of marine or river navigation instruments and appliances were finally on the rise to reach 352K units after two years of decline. Over the period under review, imports, however, saw a abrupt slump. Imports peaked at 435K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, marine GPS navigator imports surged to $131M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Marine GPS Navigator in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States28.027.229.032.24.8%
Italy3.80.310.826.691.3%
France8.23.23.925.646.2%
Norway5.84.56.59.417.5%
Canada3.82.54.25.513.1%
Japan5.75.53.84.6-6.9%
Taiwan (Chinese)13.617.82.33.9-34.1%
China1.41.10.93.333.1%
MexicoN/A0.20.63.2300.0%
EstoniaN/A0.20.22.2231.7%
Netherlands5.94.79.61.5-36.7%
South Korea1.20.90.50.8-12.6%
BahrainN/AN/A0.70.1-85.7%
Others10.735.211.612.55.3%
Total88.210384.713114.1%

Top Suppliers of Marine GPS Navigator to the UK in 2022:

  1. Japan (60.5K units)
  2. Mexico (59.5K units)
  3. United States (34.7K units)
  4. France (30.4K units)
  5. China (25.8K units)
  6. Norway (24.8K units)
  7. Canada (22.7K units)
  8. Taiwan (Chinese) (21.6K units)
  9. Netherlands (11.2K units)
  10. South Korea (10.0K units)
  11. Italy (7.5K units)
  12. Estonia (7.5K units)
  13. Bahrain (3.6K units)

Source: IndexBox Market Intelligence Platform

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

  • United Kingdom

Data coverage:

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