U.S. - Marine Or River Navigation Instruments And Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMarine GPS Navigator Price in the United States - 2023
Contents:
- Marine GPS Navigator Price in the United States (CIF) - 2023
- Marine GPS Navigator Price in the United States (FOB) - 2022
- Marine GPS Navigator Imports in the United States
- Marine GPS Navigator Exports in the United States
Marine GPS Navigator Price in the United States (CIF) - 2023
The average marine GPS navigator import price stood at $313 per unit in July 2023, growing by 43% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.2%. Over the period under review, average import prices attained the peak figure at $351 per unit in December 2022; however, from January 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was China ($595 per unit), while the price for Canada ($24.7 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+12.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Marine GPS Navigator Price in the United States (FOB) - 2022
The average marine GPS navigator export price stood at $626 per unit in 2022, growing by 16% against the previous year. Overall, the export price saw a prominent increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 23%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
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 South Korea ($3,580 per unit), while the average price for exports to Taiwan (Chinese) ($250 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 (+29.8%), while the prices for the other major destinations experienced more modest paces of growth.
Marine GPS Navigator Imports in the United States
In 2022, the amount of marine or river navigation instruments and appliances imported into the United States dropped sharply to 1.6M units, declining by -22.5% on the previous year's figure. Overall, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 6.1% against the previous year. As a result, imports reached the peak of 2.1M units, and then plummeted in the following year.
In value terms, marine GPS navigator imports rose modestly to $438M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 7.8%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
Import of Marine GPS Navigator in the United States (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 113 | 191 | 168 | 190 | 18.9% |
Mexico | 101 | 106 | 138 | 129 | 8.5% |
Japan | 17.3 | 15.4 | 28.1 | 27.7 | 17.0% |
China | 59.2 | 9.0 | 8.7 | 9.5 | -45.7% |
Malaysia | 1.9 | 5.1 | 7.2 | 6.8 | 53.0% |
Canada | 12.2 | 5.3 | 7.1 | 5.4 | -23.8% |
Others | 76.3 | 63.8 | 69.6 | 69.5 | -3.1% |
Total | 380 | 396 | 427 | 438 | 4.8% |
Top Suppliers of Marine GPS Navigator to the United States in 2022:
- Taiwan (Chinese) (686.9K units)
- Mexico (640.4K units)
- China (69.9K units)
- Japan (69.9K units)
- Canada (52.9K units)
- Malaysia (25.9K units)
Marine GPS Navigator Exports in the United States
In 2022, marine gps navigator exports from the United States shrank rapidly to 622K units, waning by -18.8% compared with the previous year's figure. Overall, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. The exports peaked at 768K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, marine GPS navigator exports declined to $389M in 2022. The total export value increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13%. As a result, the exports attained the peak of $412M, and then declined in the following year.
Export of Marine GPS Navigator in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 47.7 | 46.3 | 59.3 | 65.1 | 10.9% |
Australia | 29.6 | 30.2 | 38.7 | 57.8 | 25.0% |
South Korea | 28.4 | 40.7 | 39.2 | 33.6 | 5.8% |
Germany | 23.7 | 15.4 | 24.0 | 26.4 | 3.7% |
France | 33.5 | 32.9 | 25.8 | 21.4 | -13.9% |
Taiwan (Chinese) | 10.0 | 8.8 | 17.2 | 20.6 | 27.2% |
Mexico | 14.1 | 13.8 | 18.8 | 20.5 | 13.3% |
United Kingdom | 12.4 | 14.1 | 17.6 | 17.2 | 11.5% |
Norway | 7.0 | 9.7 | 6.9 | 16.3 | 32.5% |
Netherlands | 36.2 | 41.8 | 37.8 | 11.0 | -32.8% |
China | 9.0 | 13.8 | 15.4 | 10.5 | 5.3% |
Japan | 21.9 | 14.0 | 17.9 | 7.4 | -30.3% |
India | 2.5 | 2.7 | 8.2 | 6.6 | 38.2% |
Others | 61.4 | 81.7 | 85.2 | 74.6 | 6.7% |
Total | 337 | 366 | 412 | 389 | 4.9% |
Top Export Markets for Marine GPS Navigator from the United States in 2022:
- Canada (133.1K units)
- Australia (105.2K units)
- Taiwan (Chinese) (82.4K units)
- Mexico (57.4K units)
- Netherlands (40.5K units)
- China (27.8K units)
- United Kingdom (24.8K units)
- India (15.4K units)
- France (13.9K units)
- Japan (12.8K units)
- Norway (9.5K units)
- South Korea (9.4K units)
- Germany (7.6K units)
This report provides an in-depth analysis of the marine gps navigator market in the U.S.. 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 States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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