Report Update Apr 1, 2024

Puerto Rico - Marine or River Navigation Instruments and Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Marine Gps Navigator Market 2024

Marine Gps Navigator Exports

Exports by Country

Taiwan (Chinese) (X units) and South Africa (less than X units) were the main exporters of marine or river navigation instruments and appliances in 2021, resulting at near 35% and less than 0.1% of total exports, respectively. The United States (X units) held the next position in the ranking, followed by the Netherlands (X units), Mexico (X units), Japan (X units) and China (X units). All these countries together held near 41% share of total exports. Canada (X units), the UK (X units), Israel (X units), India (X units) and Hong Kong SAR (X units) took a minor share of total exports.

From 2012 to 2021, marine GPS navigator exports from expanded with a Taiwan (Chinese) of +30.1%, while South Africa (-52.3%) experienced a sharp downturn unchanged over the same period. At the same time, India (+23.8%), Canada (+15.0%), Israel (+11.0%), the Netherlands (+5.3%), China (+3.3%) and the United States (+1.9%) displayed positive paces of growth. By contrast, Mexico (-2.8%), Japan (-4.3%), the UK (-5.6%), Hong Kong SAR (-7.7%) and Hungary (-27.6%) illustrated a downward trend over the same period. While the share of Taiwan (Chinese) (+32 p.p.), the Netherlands (+3.7 p.p.), Canada (+2.3 p.p.), the United States (+2 p.p.), India (+1.8 p.p.), Israel (+1.6 p.p.) and China (+1.6 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of the UK (-1.6 p.p.), Mexico (-1.8 p.p.), Japan (-3.3 p.p.), Hungary (-4.6 p.p.) and South Africa (-32.5 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 supplying countries from Puerto Rico were the United States ($X), Taiwan (Chinese) ($X) and the UK ($X), with a combined 43% share of total exports. These countries were followed by the Netherlands, Japan, Israel, Mexico, Canada, China, India, Hong Kong SAR and South Africa, which together accounted for a further 28%.

India, with a CAGR of +42.7%, 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.

Marine Gps Navigator Imports

Imports by Country

The United States represented the main importer of marine or river navigation instruments and appliances in the world, with the volume of imports recording X units, which was approx. 34% of total imports in 2021. The Netherlands (X units) ranks second in terms of the total imports with a 13% share, followed by China (5.1%). France (X units), Canada (X units), Mexico (X units), Australia (X units), Russia (X units), South Korea (X units), Spain (X units), Turkey (X units), Germany (X units) and the United Arab Emirates (X units) held a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to marine GPS navigator imports into the United States stood at +5.4%. At the same time, Russia (+20.0%), Mexico (+16.0%), Turkey (+13.5%), China (+12.7%), the United Arab Emirates (+10.9%), the Netherlands (+7.2%), Germany (+6.9%), France (+6.8%) and Canada (+1.8%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing importer imported in the world, with a CAGR of +20.0% from 2012-2021. Australia experienced a relatively flat trend pattern. By contrast, South Korea (-3.0%) and Spain (-6.5%) illustrated a downward trend over the same period. While the share of the United States (+21 p.p.), the Netherlands (+9.1 p.p.), China (+4 p.p.), Mexico (+2.5 p.p.), France (+2.2 p.p.), Russia (+2.1 p.p.) and Turkey (+1.6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported marine or river navigation instruments and appliances into Puerto Rico, comprising 21% of global imports. The second position in the ranking was held by the Netherlands ($X), with a 7.2% share of global imports. It was followed by South Korea, with a 7% share.

In the United States, marine GPS navigator imports increased at an average annual rate of +6.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Netherlands (+7.0% per year) and South Korea (+3.1% per year).

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Frequently Asked Questions (FAQ) :

What are the largest markets for marine or river navigation instruments and appliances in the world?

The country with the largest volume of marine GPS navigator consumption was China, accounting for 20% of total volume. Moreover, marine GPS navigator consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was taken by the United States, with a 6.2% share.

What are the largest producers of marine or river navigation instruments and appliances in the world?

China remains the largest marine GPS navigator producing country worldwide, accounting for 19% of total volume. Moreover, marine GPS navigator production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), twofold. The third position in this ranking was held by India, with an 8.3% share.

What are the leading suppliers of marine or river navigation instruments and appliances to Puerto Rico?

In value terms, the United States constitutes the largest market for imported marine or river navigation instruments and appliances into Puerto Rico, comprising 21% of global imports. The second position in the ranking was held by the Netherlands, with a 7.2% share of global imports. It was followed by South Korea, with a 7% share.

What are the leading importers of marine or river navigation instruments and appliances from Puerto Rico?

In value terms, the United States, Taiwan Chinese) and the UK appeared to be the countries with the highest levels of exports in 2021, with a combined 43% share of total exports. The Netherlands, Japan, Israel, Mexico, Canada, China, India, Hong Kong SAR and South Africa lagged somewhat behind, together comprising a further 28%.

This report provides an in-depth analysis of the marine gps navigator market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 26511180 - Instruments and appliances for navigation (including for marine or river navigation) (excluding for aeronautical or space navigation, compasses)

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023