Eastern Asia: Radio Navigation Apparatus Market 2024

Radio Navigation Apparatus Market Size in Eastern Asia

The East Asian radio navigation apparatus market dropped to $X in 2022, with a decrease of X% against the previous year. Overall, consumption continues to indicate a perceptible descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Radio Navigation Apparatus Production in Eastern Asia

In value terms, radio navigation apparatus production shrank to $X in 2022 estimated in export price. Over the period under review, production saw a drastic downturn. The growth pace was the most rapid in 2021 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Radio Navigation Apparatus Exports

Exports in Eastern Asia

In 2022, overseas shipments of radio navigational aid apparatus increased by X% to X units, rising for the second consecutive year after four years of decline. Over the period under review, exports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, radio navigation apparatus exports rose markedly to $X in 2022. Overall, exports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China was the largest exporting country with an export of about X units, which resulted at X% of total exports. Taiwan (Chinese) (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Hong Kong SAR (X%). The following exporters - South Korea (X units) and Japan (X units) - each resulted at a X% share of total exports.

China was also the fastest-growing in terms of the radio navigational aid apparatus exports, with a CAGR of X% from 2012 to 2022. Hong Kong SAR (X%), South Korea (X%), Taiwan (Chinese) (X%) and Japan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and Hong Kong SAR 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 ($X) remains the largest radio navigation apparatus supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

In China, radio navigation apparatus exports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (X% per year) and South Korea (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 recorded a mild curtailment. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while Hong Kong SAR ($X 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) (X%), while the other leaders experienced mixed trends in the export price figures.

Radio Navigation Apparatus Imports

Imports in Eastern Asia

In 2022, approx. X units of radio navigational aid apparatus were imported in Eastern Asia; jumping by X% on the previous year's figure. Overall, imports saw a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, radio navigation apparatus imports reached $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) represented the largest importer of radio navigational aid apparatus, constituting X% of total imports. Japan (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Taiwan (Chinese) (X%) and Hong Kong SAR (X%). South Korea (X units) took a relatively small share of total imports.

China was also the fastest-growing in terms of the radio navigational aid apparatus imports, with a CAGR of X% from 2012 to 2022. At the same time, Taiwan (Chinese) (X%), Japan (X%) and South Korea (X%) displayed positive paces of growth. By contrast, Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest radio navigation apparatus importing markets in Eastern Asia were Japan ($X), China ($X) and South Korea ($X), together accounting for X% of total imports.

China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, which is down by X% against the previous year. In general, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :