Global Radio Navigation Apparatus Market 2024

Radio Navigation Apparatus Market Size

The global radio navigation apparatus market expanded remarkably to $X in 2022, growing by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Global consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Radio Navigation Apparatus Production

In value terms, radio navigation apparatus production dropped to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Global production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Radio Navigation Apparatus Exports

Exports

In 2022, shipments abroad of radio navigational aid apparatus increased by X% to X units, rising for the second year in a row after five years of decline. Overall, exports, however, showed a perceptible reduction. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The global exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, radio navigation apparatus exports reached $X in 2022. Over the period under review, exports, however, showed a pronounced reduction. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the global exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, China (X units) represented the major exporter of radio navigational aid apparatus, creating X% of total exports. The Philippines (X units) ranks second in terms of the total exports with a X% share, followed by Taiwan (Chinese) (X%), Hungary (X%) and Hong Kong SAR (X%). The following exporters - Israel (X units), Vietnam (X units), Poland (X units), the United States (X units), India (X units) and Mexico (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to radio navigation apparatus exports from China stood at X%. At the same time, the Philippines (X%), Vietnam (X%), India (X%), Hungary (X%), Poland (X%) and Israel (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. The United States experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (X%), Mexico (X%) and Taiwan (Chinese) (X%) illustrated a downward trend over the same period. China (X p.p.), the Philippines (X p.p.), Hungary (X p.p.), Israel (X p.p.), Vietnam (X p.p.), Poland (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the global exports, while Taiwan (Chinese) saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest radio navigation apparatus supplying countries worldwide were China ($X), the United States ($X) and Vietnam ($X), together comprising X% of global exports. Taiwan (Chinese), Poland, Hungary, the Philippines, Mexico, India, Hong Kong SAR and Israel lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, the Philippines, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average radio navigation apparatus export price stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per unit), while Israel ($X per unit) was amongst the lowest.

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

Radio Navigation Apparatus Imports

Imports

In 2022, supplies from abroad of radio navigational aid apparatus increased by X% to X units, rising for the second consecutive year after three years of decline. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, global imports attained the peak figure at X units in 2012; afterwards, it flattened through to 2022.

In value terms, radio navigation apparatus imports totaled $X in 2022. Over the period under review, imports, however, continue to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, global imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units), distantly followed by the United States (X units), Japan (X units) and Italy (X units) represented the key importers of radio navigational aid apparatus, together generating X% of total imports. The following importers - India (X units), Brazil (X units), the UK (X units), Taiwan (Chinese) (X units), Hong Kong SAR (X units), the Netherlands (X units), Mexico (X units), Hungary (X units) and Germany (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Japan ($X) and China ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of global imports. Germany, the UK, the Netherlands, India, Italy, Brazil, Hungary, Mexico, Hong Kong SAR and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average radio navigation apparatus import price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the import price saw a pronounced curtailment. The growth pace was the most rapid in 2018 an increase of X%. Global import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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