Netherlands: Direction Finding Compass Market 2024

Direction Finding Compass Market Size in the Netherlands

The Dutch direction finding compass market surged to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption saw significant growth. Direction finding compass consumption peaked in 2022 and is likely to see gradual growth in the near future.

Direction Finding Compass Production in the Netherlands

In value terms, direction finding compass production reached $X in 2022 estimated in export price. Overall, production saw a significant increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Direction finding compass production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Direction Finding Compass Exports

Exports from the Netherlands

In 2022, overseas shipments of direction finding compasses decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X units, and then fell in the following year.

In value terms, direction finding compass exports reduced to $X in 2022. Over the period under review, exports, however, posted slight growth. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

The UK (X units), the United States (X units) and Germany (X units) were the main destinations of direction finding compass exports from the Netherlands, with a combined X% share of total exports. Italy, France, Denmark, Belgium, Norway, Latvia, Pakistan, Spain, China and Canada lagged somewhat behind, together comprising a further X%.

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

In value terms, the United States ($X), the UK ($X) and Norway ($X) appeared to be the largest markets for direction finding compass exported from the Netherlands worldwide, with a combined X% share of total exports. Germany, Pakistan, Spain, France, Canada, Italy, Belgium, Denmark, Latvia and China lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Pakistan, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average direction finding compass export price stood at $X per unit in 2022, declining by X% against the previous year. Overall, export price indicated a modest expansion from 2012 to 2022: its price 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, direction finding compass export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per unit in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Denmark ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Direction Finding Compass Imports

Imports into the Netherlands

In 2022, purchases abroad of direction finding compasses increased by X% to X units, rising for the fourth year in a row after three years of decline. Over the period under review, imports showed a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, direction finding compass imports skyrocketed to $X in 2022. In general, imports showed strong growth. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

The United States (X units), China (X units) and Germany (X units) were the main suppliers of direction finding compass imports to the Netherlands, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of direction finding compasses to the Netherlands, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Germany (X% per year).

Import Prices by Country

The average direction finding compass import price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the import price showed a slight shrinkage. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :