Cuba: Gps Navigator Market 2022

Gps Navigator Market Size in Cuba

The Cuban gps navigator market amounted to $X in 2021, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a noticeable decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Gps Navigator Exports

Exports from Cuba

In 2021, the amount of aeronautical or space navigation instruments and appliances exported from Cuba soared to X units, rising by X% against the year before. Over the period under review, exports continue to indicate a relatively flat trend pattern. The exports peaked at X units in 2017; afterwards, it flattened through to 2021.

In value terms, gps navigator exports stood at $X in 2021. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for gps navigator exports from Cuba, with a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia was relatively modest.

In value terms, Russia ($X) also remains the key foreign market for gps navigator exports from Cuba.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia totaled +X%.

Export Prices by Country

The average gps navigator export price stood at $X per unit in 2021, falling by -X% against the previous year. Over the period under review, the export price, however, showed perceptible growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then declined markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to +X% per year.

Gps Navigator Imports

Imports into Cuba

Gps navigator imports into Cuba rose remarkably to X units in 2021, surging by X% against the year before. In general, imports, however, recorded a slight curtailment. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, gps navigator imports expanded modestly to $X in 2021. Over the period under review, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Russia (X units) constituted the largest gps navigator supplier to Cuba, accounting for a X% share of total imports. Moreover, gps navigator imports from Russia exceeded the figures recorded by the second-largest supplier, Canada (X units), fourfold. The third position in this ranking was taken by Ukraine (X units), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-X% per year) and Ukraine (-X% per year).

In value terms, Russia ($X) constituted the largest supplier of gps navigator to Cuba, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Russia stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-X% per year) and France (+X% per year).

Import Prices by Country

In 2021, the average gps navigator import price amounted to $X per unit, which is down by -X% against the previous year. Over the period under review, the import price showed a abrupt decline. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably countryorigin: the country with the highest price was France ($X per unit), while the price for Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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