EU: Marine Gps Navigator Market 2024

Marine Gps Navigator Market Size in the EU

In 2022, the EU marine GPS navigator market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption continues to indicate a strong increase. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Marine Gps Navigator Production in the EU

In value terms, marine GPS navigator production shrank slightly to $X in 2022 estimated in export price. The total production indicated temperate growth 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, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Marine Gps Navigator Exports

Exports in the EU

For the third consecutive year, the European Union recorded growth in overseas shipments of marine or river navigation instruments and appliances, which increased by X% to X units in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by X%. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, marine GPS navigator exports contracted to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X%. The level of export peaked at $X in 2021, and then contracted slightly in the following year.

Exports by Country

In 2022, the Netherlands (X units) represented the key exporter of marine or river navigation instruments and appliances, mixing up X% of total exports. Greece (X units) ranks second in terms of the total exports with an X% share, followed by Italy (X%), France (X%), Germany (X%) and Denmark (X%). Poland (X units) followed a long way behind the leaders.

Exports from the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Greece (X%), Poland (X%), Italy (X%), Denmark (X%) and France (X%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Germany (X%) illustrated a downward trend over the same period. The Netherlands (X p.p.), Greece (X p.p.), France (X p.p.), Denmark (X p.p.) and Poland (X p.p.) significantly strengthened its position in terms of the total exports, while Italy and Germany saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X), France ($X) and Germany ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Italy, Denmark, Poland and Greece lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price recorded a abrupt setback. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices remained at a lower figure.

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 France ($X per unit), while Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Marine Gps Navigator Imports

Imports in the EU

In 2022, the amount of marine or river navigation instruments and appliances imported in the European Union stood at X units, remaining stable against the previous year. In general, imports recorded a strong expansion. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, marine GPS navigator imports reduced to $X in 2022. Total imports indicated a resilient expansion 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

The Netherlands represented the main importer of marine or river navigation instruments and appliances in the European Union, with the volume of imports recording X units, which was near X% of total imports in 2022. France (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Spain (X%), Germany (X%), Poland (X%), Denmark (X%), Finland (X%) and Italy (X%).

From 2012 to 2022, average annual rates of growth with regard to marine GPS navigator imports into the Netherlands stood at X%. At the same time, Poland (X%), Finland (X%), Denmark (X%), France (X%), Italy (X%), Spain (X%) and Germany (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of the Netherlands, Poland and Finland increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported marine or river navigation instruments and appliances in the European Union, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by France, with a X% share.

In the Netherlands, marine GPS navigator imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Germany (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price recorded a noticeable reduction. The growth pace was the most rapid in 2019 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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