Asia: Marine Gps Navigator Market 2024

Marine Gps Navigator Market Size in Asia

The Asian marine GPS navigator market rose remarkably to $X in 2022, increasing by X% against the previous year. In general, consumption showed a resilient expansion. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Marine Gps Navigator Production in Asia

In value terms, marine GPS navigator production declined to $X in 2022 estimated in export price. In general, production recorded a remarkable increase. The pace of growth was the most pronounced in 2016 when the production volume increased by X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Marine Gps Navigator Exports

Exports in Asia

In 2022, approx. X units of marine or river navigation instruments and appliances were exported in Asia; remaining relatively unchanged against the year before. Overall, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, marine GPS navigator exports dropped to $X in 2022. Over the period under review, exports showed temperate growth. The growth pace was the most rapid in 2021 when exports increased by X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Taiwan (Chinese) (X units) was the largest exporter of marine or river navigation instruments and appliances, committing X% of total exports. It was distantly followed by China (X units) and Hong Kong SAR (X units), together creating a X% share of total exports. The following exporters - Japan (X units) and Malaysia (X units) - together made up X% of total exports.

Exports from Taiwan (Chinese) increased at an average annual rate of X% from 2012 to 2022. At the same time, Malaysia (X%), Japan (X%) and China (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. By contrast, Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Taiwan (Chinese) and Malaysia increased by X and X percentage points, respectively.

In value terms, Taiwan (Chinese) ($X) remains the largest marine GPS navigator supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with an X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Taiwan (Chinese) totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (X% per year) and China (X% per year).

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2015 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the export prices remained 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 Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced a decline in the export price figures.

Marine Gps Navigator Imports

Imports in Asia

In 2022, approx. X units of marine or river navigation instruments and appliances were imported in Asia; surging by X% compared with the previous year. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, marine GPS navigator imports shrank to $X in 2022. Over the period under review, imports, however, saw a mild decrease. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) represented the largest importer of marine or river navigation instruments and appliances, generating X% of total imports. Singapore (X units) ranks second in terms of the total imports with a X% share, followed by Taiwan (Chinese) (X%), South Korea (X%) and Japan (X%). The following importers - Turkey (X units) and Hong Kong SAR (X units) - each recorded a X% share of total imports.

Imports into China increased at an average annual rate of X% from 2012 to 2022. At the same time, Taiwan (Chinese) (X%), Japan (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. South Korea experienced a relatively flat trend pattern. By contrast, Singapore (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) and Taiwan (Chinese) (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Singapore (X p.p.) and Hong Kong SAR (X 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 importing markets in Asia were China ($X), South Korea ($X) and Japan ($X), with a combined X% share of total imports. Turkey, Singapore, Hong Kong SAR and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Asia stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2015; however, from 2016 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 Turkey ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :