MENA: Marine Gps Navigator Market 2024

Marine Gps Navigator Market Size in MENA

The MENA's marine GPS navigator market fell modestly to $X in 2022, remaining relatively unchanged against the previous year. Overall, consumption showed strong growth. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Marine Gps Navigator Production in MENA

In value terms, marine GPS navigator production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, showed a strong increase. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Marine Gps Navigator Exports

Exports in MENA

In 2022, the amount of marine or river navigation instruments and appliances exported in MENA contracted notably to X units, with a decrease of X% compared with 2021. Overall, exports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, marine GPS navigator exports contracted significantly to $X in 2022. Over the period under review, exports, however, posted prominent growth. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X units), the United Arab Emirates (X units) and Israel (X units) represented roughly X% of total exports in 2022. It was distantly followed by Bahrain (X units), making up a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Bahrain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Israel ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Bahrain lagged somewhat behind, comprising a further X%.

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

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2014; however, from 2015 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 Turkey ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

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

Marine Gps Navigator Imports

Imports in MENA

In 2022, the amount of marine or river navigation instruments and appliances imported in MENA amounted to X units, growing by X% compared with the previous year. Overall, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, marine GPS navigator imports fell to $X in 2022. Over the period under review, imports posted a measured expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Algeria was the main importer of marine or river navigation instruments and appliances in MENA, with the volume of imports accounting for X units, which was approx. X% of total imports in 2022. Turkey (X units) took the second position in the ranking, distantly followed by the United Arab Emirates (X units). All these countries together held approx. X% share of total imports. Israel (X units) and Syrian Arab Republic (X units) followed a long way behind the leaders.

Imports into Algeria increased at an average annual rate of X% from 2012 to 2022. At the same time, Syrian Arab Republic (X%), the United Arab Emirates (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Israel (X%) illustrated a downward trend over the same period. While the share of Algeria (X p.p.) and Syrian Arab Republic (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Israel (X p.p.) and Turkey (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest marine GPS navigator importing markets in MENA were the United Arab Emirates ($X), Turkey ($X) and Israel ($X), together accounting for X% of total imports. Algeria and Syrian Arab Republic lagged somewhat behind, together accounting for a further X%.

Algeria, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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

The import price in MENA stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while Algeria ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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