Northern America: Direction Finding Compass Market 2024

Direction Finding Compass Market Size in Northern America

The North American direction finding compass market rose rapidly to $X in 2022, growing by X% against the previous year. Over the period under review, consumption saw resilient growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Direction Finding Compass Production in Northern America

In value terms, direction finding compass production reached $X in 2022 estimated in export price. In general, production enjoyed resilient growth. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Direction Finding Compass Exports

Exports in Northern America

In 2022, the amount of direction finding compasses exported in Northern America reduced remarkably to X units, declining by X% compared with 2021 figures. Over the period under review, exports showed a abrupt slump. The growth pace was the most rapid in 2015 with an increase of X%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, direction finding compass exports dropped rapidly to $X in 2022. Overall, exports showed a deep slump. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, the United States (X units) was the key exporter of direction finding compasses, constituting X% of total exports. It was distantly followed by Canada (X units), making up a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to direction finding compass exports from the United States stood at X%. Canada (X%) illustrated a downward trend over the same period. While the share of Canada (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (X p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest direction finding compass supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled X%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, surging by X% against the previous year. In general, the export price, however, saw a perceptible contraction. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 the United States ($X per unit), while Canada stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Direction Finding Compass Imports

Imports in Northern America

For the fourth consecutive year, Northern America recorded decline in supplies from abroad of direction finding compasses, which decreased by X% to X units in 2022. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, direction finding compass imports dropped to $X in 2022. Over the period under review, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United States (X units) was the major importer of direction finding compasses, creating X% of total imports. It was distantly followed by Canada (X units), committing a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to direction finding compass imports into the United States stood at X%. Canada (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Canada increased by X percentage points.

In value terms, the United States ($X) constitutes the largest market for imported direction finding compasses in Northern America, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States was relatively modest.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, picking up by X% against the previous year. Import price indicated a tangible increase 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 import price increased by X% against 2017 indices. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per unit), while Canada totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :