Report Update: May 1, 2024

Portugal - Radio Navigational Aid Apparatus - Market Analysis, Forecast, Size, Trends And Insights

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Radio Navigation Apparatus Price in Portugal - 2023

Radio Navigation Apparatus Price in Portugal (CIF) - 2022

In 2022, the average radio navigation apparatus import price amounted to $109 per unit, which is down by -20.7% against the previous year. Overall, the import price saw a deep downturn. The pace of growth was the most pronounced in 2018 an increase of 29% against the previous year. Over the period under review, average import prices hit record highs at $203 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Spain ($160 per unit), while the price for France ($83 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Radio Navigation Apparatus Price in Portugal (FOB) - 2022

In 2022, the average radio navigation apparatus export price amounted to $88 per unit, with a decrease of -19.3% against the previous year. Overall, the export price faced a deep setback. The growth pace was the most rapid in 2019 when the average export price increased by 18%. The export price peaked at $302 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($178 per unit), while the average price for exports to Spain ($61 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 Angola (-2.6%), while the prices for the other major destinations experienced a decline.

Radio Navigation Apparatus Imports in Portugal

In 2022, purchases abroad of radio navigational aid apparatus decreased by -14% to 632K units for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, imports reached the peak of 735K units, and then reduced in the following year.

In value terms, radio navigation apparatus imports dropped dramatically to $69M in 2022. In general, imports showed a perceptible downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. As a result, imports attained the peak of $101M, and then dropped sharply in the following year.

Import of Radio Navigation Apparatus in Portugal (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	13.8	24.8	42.3	40.2	42.8%
Germany	35.4	16.2	18.1	18.1	-20.0%
Spain	6.5	6.6	5.5	4.0	-14.9%
France	0.6	0.7	1.3	1.2	26.0%
China	3.8	1.5	2.3	1.2	-31.9%
Netherlands	2.5	2.7	1.1	1.0	-26.3%
Czech Republic	11.9	20.9	25.9	N/A	47.5%
Others	4.8	5.7	4.7	3.2	-12.6%
Total	79.1	79.0	101	68.9	-4.5%

Top Suppliers of Radio Navigation Apparatus to Portugal in 2022:

Poland (367.8K units)
Germany (184.2K units)
Spain (25.2K units)
France (14.9K units)
China (12.3K units)
Netherlands (7.8K units)
Czech Republic (0.2K units)

Radio Navigation Apparatus Exports in Portugal

For the third consecutive year, Portugal recorded decline in shipments abroad of radio navigational aid apparatus, which decreased by -72.3% to 112K units in 2022. Overall, exports showed a precipitous curtailment. The smallest decline of -13% was in 2020. Over the period under review, the exports hit record highs at 1.6M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, radio navigation apparatus exports contracted rapidly to $9.9M in 2022. In general, exports recorded a dramatic descent. The smallest decline of -28.4% was in 2020. The exports peaked at $250M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Radio Navigation Apparatus in Portugal (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	59.8	33.1	4.7	4.1	-59.1%
United States	2.2	0.9	0.3	2.6	5.7%
Angola	0.3	0.7	0.4	0.9	44.2%
Spain	16.4	14.8	15.1	0.7	-65.1%
Poland	1.6	N/A	N/A	0.4	-37.0%
Germany	26.9	20.9	21.5	0.2	-80.5%
United Kingdom	133	98.1	0.3	0.1	-90.9%
Others	10.2	10.9	1.9	0.9	-55.5%
Total	250	179	44.3	9.9	-65.9%

Top Export Markets for Radio Navigation Apparatus from Portugal in 2022:

France (60.1K units)
United States (20.4K units)
Spain (12.0K units)
Poland (6.6K units)
Angola (4.9K units)
United Kingdom (1.2K units)
Germany (1.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the radio navigation apparatus market in Portugal. 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:

Portugal

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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