Eastern Asia: Marine Gps Navigator Market 2024

Marine Gps Navigator Market Size in Eastern Asia

The East Asian marine GPS navigator market rose markedly to $X in 2022, growing by X% against the previous year. Overall, consumption posted a moderate expansion. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Marine Gps Navigator Production in Eastern Asia

In value terms, marine GPS navigator production totaled $X in 2022 estimated in export price. Overall, production recorded a buoyant expansion. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Marine Gps Navigator Exports

Exports in Eastern Asia

Marine GPS navigator exports rose markedly to X units in 2022, surging by X% compared with the year before. Overall, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, marine GPS navigator exports dropped to $X in 2022. Total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of $X, leveling off in the following year.

Exports by Country

In 2022, Taiwan (Chinese) (X units) was the key exporter of marine or river navigation instruments and appliances, mixing up X% of total exports. China (X units) took the second position in the ranking, distantly followed by Hong Kong SAR (X units). All these countries together held near X% share of total exports. Japan (X units) followed a long way behind the leaders.

Taiwan (Chinese) was also the fastest-growing in terms of the marine or river navigation instruments and appliances exports, with a CAGR of X% from 2012 to 2022. At the same time, Japan (X%) and China (X%) displayed positive paces of growth. By contrast, Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of Taiwan (Chinese) (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Japan (X p.p.), China (X p.p.) and Hong Kong SAR (X p.p.) displayed negative dynamics.

In value terms, Taiwan (Chinese) ($X) remains the largest marine GPS navigator supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with a X% share of total exports. It was followed by China, with a X% share.

In Taiwan (Chinese), marine GPS navigator exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, falling by X% against the previous year. In general, the export price showed a deep setback. The pace of growth was the most pronounced in 2015 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced a decline in the export price figures.

Marine Gps Navigator Imports

Imports in Eastern Asia

In 2022, approx. X units of marine or river navigation instruments and appliances were imported in Eastern Asia; picking up by X% against the year before. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, marine GPS navigator imports declined to $X in 2022. In general, imports, however, recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China represented the key importer of marine or river navigation instruments and appliances in Eastern Asia, with the volume of imports accounting for X units, which was near X% of total imports in 2022. It was distantly followed by Taiwan (Chinese) (X units), South Korea (X units) and Japan (X units), together comprising a X% share of total imports. Hong Kong SAR (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to marine GPS navigator imports into China stood at X%. At the same time, Taiwan (Chinese) (X%) and Japan (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2022. South Korea experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and Taiwan (Chinese) increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), South Korea ($X) and Japan ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Japan, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :