Bahrain: Gps Navigator Market 2024

Gps Navigator Market Size in Bahrain

The Bahraini GPS navigator market rose remarkably to $X in 2023, picking up by X% against the previous year. In general, consumption, however, continues to indicate a pronounced setback. Consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Gps Navigator Production in Bahrain

In value terms, GPS navigator production soared to $X in 2023 estimated in export price. In general, production, however, recorded a deep setback. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Gps Navigator Exports

Exports from Bahrain

In 2023, after three years of growth, there was significant decline in overseas shipments of aeronautical or space navigation instruments and appliances, when their volume decreased by X% to X units. Over the period under review, exports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2022 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, GPS navigator exports shrank to $X in 2023. Overall, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

The United States (X units), Germany (X units) and the UK (X units) were the main destinations of GPS navigator exports from Bahrain. Moreover, GPS navigator exports in the United States exceeded the figures recorded by the second-largest exporter, Germany, twofold.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) remains the key foreign market for aeronautical or space navigation instruments and appliances exports from Bahrain, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2023, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the UK (X% per year).

Export Prices by Country

In 2023, the average GPS navigator export price amounted to $X per unit, picking up by X% against the previous year. Overall, the export price enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Kuwait ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X.4%), while the prices for the other major destinations experienced more modest paces of growth.

Gps Navigator Imports

Imports into Bahrain

In 2023, after two years of growth, there was decline in purchases abroad of aeronautical or space navigation instruments and appliances, when their volume decreased by X% to X units. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at X units in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, GPS navigator imports shrank to $X in 2023. In general, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Turkey (X units) constituted the largest supplier of GPS navigator to Bahrain, with a X% share of total imports. Moreover, GPS navigator imports from Turkey exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), more than tenfold. The third position in this ranking was held by the UK (X units), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and the UK (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of aeronautical or space navigation instruments and appliances to Bahrain, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and the UK (X% per year).

Import Prices by Country

The average GPS navigator import price stood at $X per unit in 2023, almost unchanged from the previous year. Over the period under review, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked at $X per unit in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from Turkey ($X per unit) and the United Arab Emirates ($X per unit), while the price for the United States ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform