South-Eastern Asia: Marine Gps Navigator Market 2024

Marine Gps Navigator Market Size in South-Eastern Asia

In 2022, the Southeast Asian marine GPS navigator market decreased by X% to $X, falling for the second year in a row after two years of growth. The total consumption indicated slight growth from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Marine Gps Navigator Production in South-Eastern Asia

In value terms, marine GPS navigator production expanded slightly to $X in 2022 estimated in export price. The total production indicated a prominent expansion from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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Marine Gps Navigator Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of marine or river navigation instruments and appliances increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, marine GPS navigator exports shrank to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Malaysia (X units) and Singapore (X units) dominates exports structure, together generating X% of total exports. The following exporters - Thailand (X units) and the Philippines (X units) - each recorded a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Singapore ($X) remains the largest marine GPS navigator supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports. It was followed by the Philippines, with a X% share.

In Singapore, marine GPS navigator exports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and the Philippines (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, waning by X% against the previous year. In general, the export price, however, showed a moderate increase. The pace of growth appeared the most rapid 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 2015; however, from 2016 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 Philippines ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced mixed trends in the export price figures.

Marine Gps Navigator Imports

Imports in South-Eastern Asia

In 2022, approx. X units of marine or river navigation instruments and appliances were imported in South-Eastern Asia; waning by X% against the previous year's figure. In general, imports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, marine GPS navigator imports expanded markedly to $X in 2022. Overall, imports recorded a pronounced decrease. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Singapore dominates imports structure, recording X units, which was near X% of total imports in 2022. It was distantly followed by Indonesia (X units), the Philippines (X units), Malaysia (X units), Thailand (X units) and Vietnam (X units), together comprising a X% share of total imports.

Imports into Singapore decreased at an average annual rate of X% from 2012 to 2022. At the same time, the Philippines (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Indonesia (X%), Malaysia (X%) and Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Philippines and Vietnam increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported marine or river navigation instruments and appliances in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

In Singapore, marine GPS navigator imports contracted by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Indonesia (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 when the import price increased by X%. The level of import peaked at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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