Price for Navigational Instruments and Appliances; Parts and Accessories in Ireland - 2023

Contents:

  1. Price for Navigational Instruments and Appliances; Parts and Accessories in Ireland (CIF) - 2022
  2. Price for Navigational Instruments and Appliances; Parts and Accessories in Ireland (FOB) - 2022
  3. Imports of Navigational Instruments and Appliances; Parts and Accessories in Ireland
  4. Exports of Navigational Instruments and Appliances; Parts and Accessories in Ireland

Price for Navigational Instruments and Appliances; Parts and Accessories in Ireland (CIF) - 2022

The average import price for navigational instruments and appliances; parts and accessorieses stood at $183,611 per ton in 2022, jumping by 34% against the previous year. In general, the import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of 136%. Over the period under review, average import prices attained the peak figure at $225,021 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 China ($1,437,891 per ton), while the price for France ($28,734 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.3%), while the prices for the other major suppliers experienced a decline.

Price for Navigational Instruments and Appliances; Parts and Accessories in Ireland (FOB) - 2022

The average export price for navigational instruments and appliances; parts and accessorieses stood at $223,488 per ton in 2022, with a decrease of -35.8% against the previous year. Overall, the export price saw a abrupt descent. The pace of growth was the most pronounced in 2013 when the average export price increased by 83% against the previous year. Over the period under review, the average export prices hit record highs at $1,006,431 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($850,750 per ton), while the average price for exports to Switzerland ($60,084 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Navigational Instruments and Appliances; Parts and Accessories in Ireland

In 2022, approx. 17 tons of navigational instruments and appliances; parts and accessorieses were imported into Ireland; growing by 13% against the previous year's figure. Overall, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year.

In value terms, imports of navigational instruments and appliances; parts and accessorieses skyrocketed to $3.1M in 2022. Over the period under review, total imports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Navigational Instruments and Appliances; Parts and Accessories in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4521,0597421,073-9.6%
United States34332919371127.5%
France532431673258-21.4%
Norway22225.981.22544.6%
United Kingdom50.313839.214141.0%
NetherlandsN/A41.530.810962.1%
TurkeyN/AN/A0.183.483300.0%
Others18027127546437.1%
Total2,7792,2962,0333,0943.6%

Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Ireland in 2022:

  1. France (9.0 tons)
  2. United States (2.9 tons)
  3. United Kingdom (1.0 tons)
  4. Turkey (0.8 tons)
  5. China (0.7 tons)
  6. Norway (0.4 tons)
  7. Netherlands (0.3 tons)

Exports of Navigational Instruments and Appliances; Parts and Accessories in Ireland

In 2022, exports of navigational instruments and appliances; parts and accessorieses from Ireland reduced sharply to 1 tons, dropping by -36% on 2021 figures. In general, exports saw a noticeable decline. The most prominent rate of growth was recorded in 2021 when exports increased by 48% against the previous year. As a result, the exports reached the peak of 1.6 tons, and then fell significantly in the following year.

In value terms, exports of navigational instruments and appliances; parts and accessorieses fell markedly to $233K in 2022. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 101%. As a result, the exports attained the peak of $568K, and then dropped dramatically in the following year.

Export of Navigational Instruments and Appliances; Parts and Accessories in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom85.310839.271.1-5.9%
Denmark5.5N/A20337.389.3%
SpainN/AN/AN/A28.20%
Switzerland2.83.61.223.6103.5%
Canada3.258.1N/A17.576.2%
United States18912.062.213.1-58.9%
Qatar1.41.5N/A5.355.9%
Singapore7.933.841.92.0-36.7%
United Arab Emirates65.14.822.5N/A-41.2%
Others88.960.019835.3-26.5%
Total449282568233-19.6%

Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Ireland in 2022:

  1. Switzerland (392.0 kg)
  2. United Kingdom (145.0 kg)
  3. Canada (125.0 kg)
  4. Spain (118.0 kg)
  5. Qatar (51.0 kg)
  6. Denmark (50.0 kg)
  7. United States (30.0 kg)
  8. Singapore (24.0 kg)

Source: IndexBox Market Intelligence Platform

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