MERCOSUR: Gps Navigator Market 2024

Gps Navigator Market Size in MERCOSUR

The MERCOSUR GPS navigator market expanded markedly to $X in 2023, increasing by X% against the previous year. In general, consumption, however, showed a abrupt slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Gps Navigator Production in MERCOSUR

In value terms, GPS navigator production rose markedly to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Gps Navigator Exports

Exports in MERCOSUR

In 2023, the amount of aeronautical or space navigation instruments and appliances exported in MERCOSUR shrank significantly to X units, reducing by X% against 2022. Overall, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, the exports reached the peak of X units, and then contracted markedly in the following year.

In value terms, GPS navigator exports skyrocketed to $X in 2023. In general, exports, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Brazil dominates exports structure, resulting at X units, which was approx. X% of total exports in 2023. It was distantly followed by Colombia (X units), committing a X% share of total exports.

Brazil 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. Colombia (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Colombia (X p.p.) displayed negative dynamics.

In value terms, Brazil ($X) remains the largest GPS navigator supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Brazil stood at X%.

Export Prices by Country

In 2023, the export price in MERCOSUR amounted to $X per unit, rising by X% against the previous year. In general, the export price, however, recorded a perceptible reduction. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of export peaked at $X per unit in 2019; however, from 2020 to 2023, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Brazil ($X per unit), while Colombia totaled $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Colombia (X%).

Gps Navigator Imports

Imports in MERCOSUR

In 2023, approx. X units of aeronautical or space navigation instruments and appliances were imported in MERCOSUR; surging by X% against the previous year's figure. In general, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of import peaked at X units in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

In value terms, GPS navigator imports skyrocketed to $X in 2023. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 when imports increased by X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in years to come.

Imports by Country

Brazil dominates imports structure, finishing at X units, which was approx. X% of total imports in 2023. Colombia (X units) ranks second in terms of the total imports with an X% share, followed by Chile (X%). Argentina (X units) and Peru (X units) followed a long way behind the leaders.

Imports into Brazil decreased at an average annual rate of X% from 2012 to 2023. At the same time, Chile (X%) and Colombia (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2023. By contrast, Peru (X%) and Argentina (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Brazil, Colombia and Chile increased by X, X and X percentage points, respectively.

In value terms, Brazil ($X) constitutes the largest market for imported aeronautical or space navigation instruments and appliances in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Colombia ($X), with an X% share of total imports. It was followed by Argentina, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Brazil was relatively modest. In the other countries, the average annual rates were as follows: Colombia (X% per year) and Argentina (X% per year).

Import Prices by Country

In 2023, the import price in MERCOSUR amounted to $X per unit, picking up by X% against the previous year. Overall, the import price enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2015 an increase of X%. The level of import peaked in 2023 and is likely to continue growth in years to come.

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

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

Source: IndexBox Platform