MENA: Gps Navigator Market 2024

Gps Navigator Market Size in MENA

The MENA's GPS navigator market expanded to $X in 2023, with an increase of X% against the previous year. Over the period under review, consumption, however, continues to indicate a slight curtailment. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Gps Navigator Production in MENA

In value terms, GPS navigator production rose sharply to $X in 2023 estimated in export price. In general, production, however, showed a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Gps Navigator Exports

Exports in MENA

In 2023, the amount of aeronautical or space navigation instruments and appliances exported in MENA soared to X units, growing by X% compared with 2022 figures. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, GPS navigator exports skyrocketed to $X in 2023. In general, exports saw a prominent increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. The level of export peaked in 2023 and is likely to see steady growth in the immediate term.

Exports by Country

Turkey dominates exports structure, reaching X units, which was approx. X% of total exports in 2023. It was distantly followed by the United Arab Emirates (X units) and Morocco (X units), together generating a X% share of total exports. Saudi Arabia (X units) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the aeronautical or space navigation instruments and appliances exports, with a CAGR of X% from 2012 to 2023. At the same time, Morocco (X%), Saudi Arabia (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Turkey (X p.p.) and Morocco (X p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest GPS navigator supplier in MENA, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Morocco, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Turkey stood at X%. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Morocco (X% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2023, declining by X% against the previous year. Overall, the export price showed a mild decline. The pace of growth was the most pronounced in 2019 when the export price increased by X%. The level of export 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 origin: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced mixed trends in the export price figures.

Gps Navigator Imports

Imports in MENA

After two years of growth, supplies from abroad of aeronautical or space navigation instruments and appliances decreased by X% to X units in 2023. Overall, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of X units, and then dropped in the following year.

In value terms, GPS navigator imports expanded remarkably to $X in 2023. Total imports indicated buoyant growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2023, the growth of imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X units) and Turkey (X units) prevails in imports structure, together creating X% of total imports. Qatar (X units) ranks next in terms of the total imports with a X% share, followed by Israel (X%). The following importers - Bahrain (X units), Algeria (X units) and Egypt (X units) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bahrain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest GPS navigator importing markets in MENA were Turkey ($X), the United Arab Emirates ($X) and Israel ($X), together accounting for X% of total imports.

Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in MENA amounted to $X per unit, rising by X% against the previous year. Overall, the import price, however, recorded a mild descent. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Egypt ($X per unit), while Qatar ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform