United Kingdom: Marine Gps Navigator Market 2024

Marine Gps Navigator Market Size in the UK

In 2022, the UK marine GPS navigator market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, the total consumption indicated a buoyant increase 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 increased by X% against 2020 indices. Marine GPS navigator consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Marine Gps Navigator Production in the UK

In value terms, marine GPS navigator production reduced to $X in 2022 estimated in export price. Over the period under review, production showed a pronounced decrease. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Marine Gps Navigator Exports

Exports from the UK

In 2022, overseas shipments of marine or river navigation instruments and appliances decreased by X% to X units, falling for the third consecutive year after three years of growth. In general, exports, however, saw a notable expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, marine GPS navigator exports reduced modestly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then declined in the following year.

Exports by Country

The United Arab Emirates (X units), Germany (X units) and Italy (X units) were the main destinations of marine GPS navigator exports from the UK, with a combined X% share of total exports. Singapore, South Korea, France, Taiwan (Chinese), India, Saudi Arabia, Spain, the United States, Canada and Turkey lagged somewhat behind, together comprising a further X%.

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

In value terms, the United States ($X), the United Arab Emirates ($X) and Germany ($X) appeared to be the largest markets for marine GPS navigator exported from the UK worldwide, with a combined X% share of total exports. Italy, South Korea, France, Taiwan (Chinese), Canada, Saudi Arabia, Spain, Turkey, Singapore and India lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of 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 marine GPS navigator export price stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the export price, however, showed a mild decrease. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to India ($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 Canada (X%), while the prices for the other major destinations experienced mixed trend patterns.

Marine Gps Navigator Imports

Imports into the UK

In 2022, approx. X units of marine or river navigation instruments and appliances were imported into the UK; growing by X% against 2021 figures. Over the period under review, total imports indicated a prominent increase from 2012 to 2022: its volume 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, marine GPS navigator imports soared to $X in 2022. In general, total imports indicated a prominent increase 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X units), the United States (X units) and France (X units) were the main suppliers of marine GPS navigator imports to the UK, with a combined X% share of total imports. China, Canada, Japan, Taiwan (Chinese), Estonia, Germany and the Netherlands lagged somewhat behind, together accounting for a further X%.

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

In value terms, the United States ($X), Italy ($X) and France ($X) were the largest marine GPS navigator suppliers to the UK, with a combined X% share of total imports. Canada, Japan, Taiwan (Chinese), China, Estonia, Germany and the Netherlands lagged somewhat behind, together accounting for a further X%.

Estonia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average marine GPS navigator import price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price, however, continues to indicate a slight downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2015 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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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