Price for Navigational Instruments and Appliances; Parts and Accessories in Saudi Arabia - 2022
Contents:
- Price for Navigational Instruments and Appliances; Parts and Accessories in Saudi Arabia (FOB) - 2022
- Price for Navigational Instruments and Appliances; Parts and Accessories in Saudi Arabia (CIF) - 2022
- Exports of Navigational Instruments and Appliances; Parts and Accessories in Saudi Arabia
- Imports of Navigational Instruments and Appliances; Parts and Accessories in Saudi Arabia
Price for Navigational Instruments and Appliances; Parts and Accessories in Saudi Arabia (FOB) - 2022
The average export price for navigational instruments and appliances; parts and accessorieses stood at $324,294 per ton in 2021, dropping by -27.9% against the previous year. Overall, the export price, however, continues to indicate resilient growth. The growth pace was the most rapid in 2018 an increase of 422%. Over the period under review, the average export prices attained the maximum at $1,272,038 per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($4,502,647 per ton), while the average price for exports to the United Arab Emirates ($51,429 per ton) was amongst the lowest.
From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+1,362.1%), while the prices for the other major destinations experienced a decline.
Price for Navigational Instruments and Appliances; Parts and Accessories in Saudi Arabia (CIF) - 2022
The average import price for navigational instruments and appliances; parts and accessorieses stood at $447,311 per ton in 2021, picking up by 30% against the previous year. Over the period under review, the import price saw a strong expansion. The growth pace was the most rapid in 2013 an increase of 155%. As a result, import price attained the peak level of $614,488 per ton. From 2014 to 2021, 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 the UK ($4,322,958 per ton), while the price for Germany ($433,116 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+32.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Navigational Instruments and Appliances; Parts and Accessories in Saudi Arabia
In 2022, shipments abroad of navigational instruments and appliances; parts and accessorieses decreased by -62.9% to 582 kg, falling for the second consecutive year after two years of growth. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 445%. As a result, the exports reached the peak of 1.6 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of navigational instruments and appliances; parts and accessorieses skyrocketed to $696K in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -2.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 93% against the previous year. As a result, the exports attained the peak of $713K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Navigational Instruments and Appliances; Parts and Accessories in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Germany | N/A | 306 | 0% | ||
| United Arab Emirates | 431 | 159 | -63.1% | ||
| United States | 137 | 29.4 | -78.5% | ||
| China | N/A | 10.6 | 0% | ||
| Kuwait | 62.7 | 3.2 | -94.9% | ||
| Bahrain | 18.3 | N/A | 0% | ||
| Others | 63.8 | N/A | 0% | ||
| Total | 713 | 508 | -28.8% | ||
Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Saudi Arabia in 2022:
- United Arab Emirates (3094.0 kg)
- China (183.0 kg)
- United States (69.0 kg)
- Germany (68.0 kg)
- Kuwait (2.0 kg)
Imports of Navigational Instruments and Appliances; Parts and Accessories in Saudi Arabia
In 2021, the amount of navigational instruments and appliances; parts and accessorieses imported into Saudi Arabia shrank to 15 tons, dropping by -4% on the previous year. Over the period under review, imports saw a dramatic curtailment.
In value terms, imports of navigational instruments and appliances; parts and accessorieses skyrocketed to $6.8M in 2021. The total import value increased at an average annual rate of +8.0% from 2019 to 2021; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Navigational Instruments and Appliances; Parts and Accessories in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United Kingdom | 471 | 1,548 | 2,953 | 150.4% | |
| United States | 2,289 | 1,159 | 1,502 | -19.0% | |
| Netherlands | 591 | 679 | 564 | -2.3% | |
| Germany | 952 | 354 | 472 | -29.6% | |
| France | N/A | 663 | 371 | -44.0% | |
| Japan | N/A | 303 | N/A | 0% | |
| Austria | 358 | N/A | N/A | 0% | |
| Others | 1,164 | 723 | 935 | -10.4% | |
| Total | 5,825 | 5,429 | 6,796 | 8.0% | |
Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Saudi Arabia in 2022:
- United States (2.2 tons)
- Germany (1.1 tons)
- United Kingdom (0.7 tons)
- Netherlands (0.6 tons)
- France (0.2 tons)
350
This report provides an in-depth analysis of the gps navigator market in Saudi Arabia.
325
This report provides an in-depth analysis of the direction finding compass market in Saudi Arabia.
311
This report provides an in-depth analysis of the marine gps navigator market in Saudi Arabia.
453
This report provides an in-depth analysis of the global gps navigator market.
407
This report provides an in-depth analysis of the global direction finding compass market.
444
This report provides an in-depth analysis of the global marine gps navigator market.
350
This report provides an in-depth analysis of the gps navigator market in Saudi Arabia.
325
This report provides an in-depth analysis of the direction finding compass market in Saudi Arabia.
311
This report provides an in-depth analysis of the marine gps navigator market in Saudi Arabia.
453
This report provides an in-depth analysis of the global gps navigator market.
Nothing found. Please try again.
