China - Radio Navigational Aid Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRadio Navigation Apparatus Price in China - 2023
Contents:
- Radio Navigation Apparatus Price in China (FOB) - 2023
- Radio Navigation Apparatus Price in China (CIF) - 2022
- Radio Navigation Apparatus Exports in China
- Radio Navigation Apparatus Imports in China
Radio Navigation Apparatus Price in China (FOB) - 2023
The average radio navigation apparatus export price stood at $43.8 per unit in September 2023, dropping by -8.2% against the previous month. In general, the export price continues to indicate a mild slump. The most prominent rate of growth was recorded in February 2023 an increase of 21% month-to-month. As a result, the export price reached the peak level of $62.4 per unit. From March 2023 to September 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($187 per unit), while the average price for exports to Singapore ($9.1 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Radio Navigation Apparatus Price in China (CIF) - 2022
The average radio navigation apparatus import price stood at $44 per unit in 2022, reducing by -16.3% against the previous year. In general, the import price faced a dramatic shrinkage. The pace of growth was the most pronounced in 2013 a decrease of -7.6% against the previous year. Over the period under review, average import prices hit record highs at $930 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Hungary ($53 per unit), while the price for Taiwan (Chinese) ($15 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-19.4%), while the prices for the other major suppliers experienced a decline.
Radio Navigation Apparatus Exports in China
In 2022, radio navigation apparatus exports from China surged to 30M units, increasing by 23% compared with 2021. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 28%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, radio navigation apparatus exports soared to $1.6B in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 29%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Radio Navigation Apparatus in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 122 | 135 | 214 | 220 | 21.7% |
| Japan | 202 | 165 | 147 | 174 | -4.9% |
| Russia | 25.1 | 26.5 | 81.7 | 103 | 60.1% |
| Hong Kong SAR | 193 | 133 | 124 | 96.1 | -20.7% |
| India | 32.6 | 26.6 | 50.5 | 77.2 | 33.3% |
| Germany | 52.6 | 42.2 | 51.2 | 68.8 | 9.4% |
| Netherlands | 81.8 | 60.6 | 47.7 | 51.8 | -14.1% |
| Brazil | 41.4 | 25.7 | 35.7 | 43.6 | 1.7% |
| Italy | 22.1 | 17.7 | 27.2 | 35.9 | 17.6% |
| South Africa | 38.9 | 22.4 | 37.8 | 30.1 | -8.2% |
| Malaysia | 10.8 | 13.5 | 17.5 | 22.5 | 27.7% |
| Mexico | 11.7 | 9.6 | 14.9 | 20.5 | 20.6% |
| Singapore | 32.3 | 19.5 | 19.7 | 18.0 | -17.7% |
| Others | 333 | 306 | 427 | 604 | 22.0% |
| Total | 1,199 | 1,003 | 1,296 | 1,565 | 9.3% |
Top Export Markets for Radio Navigation Apparatus from China in 2022:
- United States (5.6M units)
- India (2.5M units)
- Hong Kong SAR (2.2M units)
- Brazil (1.7M units)
- Malaysia (1.2M units)
- Italy (1.0M units)
- Japan (1.0M units)
- Mexico (0.8M units)
- South Africa (0.8M units)
- Germany (0.8M units)
- Netherlands (0.7M units)
- Singapore (0.7M units)
- Russia (0.6M units)
Radio Navigation Apparatus Imports in China
For the fourth year in a row, China recorded growth in purchases abroad of radio navigational aid apparatus, which increased by 42% to 21M units in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 219% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, radio navigation apparatus imports surged to $903M in 2022. In general, imports showed resilient growth. The growth pace was the most rapid in 2021 when imports increased by 67%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Radio Navigation Apparatus in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 1.6 | 58.8 | 396 | 528 | 591.0% |
| Vietnam | 30.3 | 15.0 | 30.7 | 70.5 | 32.5% |
| United States | 64.8 | 62.3 | 46.0 | 62.0 | -1.5% |
| Russia | 0.5 | 0.8 | 4.6 | 32.9 | 303.7% |
| South Korea | 28.8 | 31.3 | 38.5 | 29.5 | 0.8% |
| Mexico | 17.3 | 18.7 | 15.5 | 28.4 | 18.0% |
| Germany | 70.3 | 19.5 | 9.5 | 25.7 | -28.5% |
| Japan | 93.2 | 102 | 53.9 | 24.3 | -36.1% |
| Taiwan (Chinese) | 8.9 | 8.1 | 10.0 | 11.7 | 9.5% |
| Thailand | 210 | 30.4 | 60.9 | 1.4 | -81.2% |
| Others | 61.3 | 108 | 93.9 | 88.6 | 13.1% |
| Total | 587 | 455 | 759 | 903 | 15.4% |
Top Suppliers of Radio Navigation Apparatus to China in 2022:
- Thailand (undefinedM units)
- Hungary (10.1M units)
- Vietnam (3.3M units)
- Russia (1.6M units)
- South Korea (1.3M units)
- Germany (0.9M units)
- Taiwan (Chinese) (0.8M units)
- Mexico (0.7M units)
- Japan (0.5M units)
- United States (0.3M units)
This report provides an in-depth analysis of the radio navigation apparatus market in China. 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 26512050 - Radio navigational aid apparatus (including radio beacons and radio buoys, receivers, radio compasses equipped with multiple aerials or with a directional frame aerial)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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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