Middle East: Marine Gps Navigator Market 2024

Marine Gps Navigator Market Size in the Middle East

The Middle Eastern marine GPS navigator market fell slightly to $X in 2022, approximately equating the previous year. Overall, consumption, however, enjoyed a strong expansion. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Marine Gps Navigator Production in the Middle East

In value terms, marine GPS navigator production shrank to $X in 2022 estimated in export price. Overall, production, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Marine Gps Navigator Exports

Exports in the Middle East

In 2022, approx. X units of marine or river navigation instruments and appliances were exported in the Middle East; declining by X% against the year before. In general, exports, however, showed buoyant growth. The growth pace was 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 failed to regain momentum.

In value terms, marine GPS navigator exports declined remarkably to $X in 2022. Over the period under review, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Turkey (X units), the United Arab Emirates (X units) and Israel (X units) represented the key exporter of marine or river navigation instruments and appliances in the Middle East, achieving X% of total export. It was distantly followed by Bahrain (X units), creating a X% share of total exports.

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

In value terms, the largest marine GPS navigator supplying countries in the Middle East were Turkey ($X), Israel ($X) and the United Arab Emirates ($X), with a combined X% share of total exports. Bahrain lagged somewhat behind, comprising a further X%.

Bahrain, 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 Middle East stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2014; however, 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 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 the Middle East

In 2022, purchases abroad of marine or river navigation instruments and appliances decreased by X% to X units, falling for the second consecutive year after six years of growth. Over the period under review, imports, however, recorded a notable expansion. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, marine GPS navigator imports reduced to $X in 2022. Overall, imports, however, saw perceptible growth. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X units) was the key importer of marine or river navigation instruments and appliances, constituting X% of total imports. The United Arab Emirates (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Israel (X%) and Syrian Arab Republic (X%). The following importers - Qatar (X units), Bahrain (X units) and Kuwait (X units) - each resulted at an X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to marine GPS navigator imports into Turkey stood at X%. At the same time, Syrian Arab Republic (X%), Qatar (X%), the United Arab Emirates (X%) and Bahrain (X%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. By contrast, Kuwait (X%) and Israel (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.), Syrian Arab Republic (X p.p.), Qatar (X p.p.) and Kuwait (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 United Arab Emirates ($X), Turkey ($X) and Israel ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Qatar, Syrian Arab Republic, Kuwait and Bahrain lagged somewhat behind, together comprising a further X%.

Syrian Arab Republic, 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 more modest paces of growth.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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