Thailand: Gps Navigator Market 2024

Gps Navigator Market Size in Thailand

The Thai GPS navigator market totaled $X in 2023, growing by X% against the previous year. In general, consumption, however, continues to indicate a pronounced setback. Consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Gps Navigator Production in Thailand

In value terms, GPS navigator production rose significantly to $X in 2023 estimated in export price. Over the period under review, production, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

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Gps Navigator Exports

Exports from Thailand

For the third year in a row, Thailand recorded growth in shipments abroad of aeronautical or space navigation instruments and appliances, which increased by X% to X units in 2023. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2023 and are likely to see gradual growth in the immediate term.

In value terms, GPS navigator exports soared to $X in 2023. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2015 when exports increased by X%. The exports peaked in 2023 and are expected to retain growth in the near future.

Exports by Country

Singapore (X units) was the main destination for GPS navigator exports from Thailand, with a X% share of total exports. Moreover, GPS navigator exports to Singapore exceeded the volume sent to the second major destination, France (X units), sixfold. The United States (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to Singapore amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and the United States (X% per year).

In value terms, Singapore ($X) remains the key foreign market for aeronautical or space navigation instruments and appliances exports from Thailand, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Sweden, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Singapore totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Sweden (X% per year).

Export Prices by Country

The average GPS navigator export price stood at $X per unit in 2023, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, posted a strong expansion. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Gps Navigator Imports

Imports into Thailand

In 2023, overseas purchases of aeronautical or space navigation instruments and appliances increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2023, imports remained at a lower figure.

In value terms, GPS navigator imports surged to $X in 2023. In general, imports posted a significant expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imports peaked in 2023 and are likely to continue growth in the near future.

Imports by Country

In 2023, the United States (X units) constituted the largest supplier of GPS navigator to Thailand, accounting for a X% share of total imports. Moreover, GPS navigator imports from the United States exceeded the figures recorded by the second-largest supplier, France (X units), fourfold. The Netherlands (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and the Netherlands (X% per year).

In value terms, the United States ($X) constituted the largest supplier of aeronautical or space navigation instruments and appliances to Thailand, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2023, 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: France (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The average GPS navigator import price stood at $X per unit in 2023, remaining stable against the previous year. In general, the import price saw a buoyant expansion. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform