Report Update: Nov 1, 2024

World - Direction Finding Compasses - Market Analysis, Forecast, Size, Trends And Insights

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Direction finding compass market

Direction finding compass market: get newly released datasets empowered by an Ai-driven BI tool. Information include consumption, companies, production, exports, imports, market size, market prices, and trade. Here is a breakdown by region, including the Middle East, EU, the U.K., the U.S., Russia, Africa, Latin America, and China. Market insights and forecast to 2030 are also featured in the snapshots.

Direction Finding Compass - World's Largest Markets

Rating	Country
1	China
2	Mexico
3	Russia
4	Turkey
5	Ethiopia

In value terms, China led the market, alone. The second position in the ranking was occupied by Mexico. It was followed by Russia.

In China, the direction finding compass market declined by an average annual rate of -12.7% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Mexico (-5.5% per year) and Russia (-0.9% per year).

Direction Finding Compass Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
India	6.9	5.2	8.1	8.1%
Belgium	252	270	9.8	-80.3%
Hong Kong SAR	14	13	12	-5.5%
Germany	263	151	139	-27.4%
China	431	317	198	-32.1%
France	344	194	202	-23.4%
Singapore	149	201	215	20.3%
Finland	249	249	248	-0.1%
Canada	156	219	299	38.4%
United States	656	422	350	-26.9%
United Kingdom	822	731	756	-4.1%
Average	236	199	173	-14.4%

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($756 per unit), while India ($8.1 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
Netherlands	26	42	58	50.9%
United Kingdom	85	62	39	-32.1%
Canada	34	34	36	2.4%
Germany	23	19	20	-7.1%
United States	17	14	18	4.5%
France	19	13	13	-15.6%
Sweden	5.6	9.2	9.9	32.9%
Russia	5.7	6.9	9.3	28.3%
Spain	13	7.2	7.2	-24.3%
Japan	8.5	4.8	3.9	-32.4%
Taiwan (Chinese)	1.1	2.2	3.3	78.0%
Ukraine	0.4	0.5	0.5	11.1%
Yemen	0.1	0.09	0.09	-7.3%
Average	22	23	22	1.1%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the Netherlands ($58 per unit), while Yemen ($0.1 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+78.0% per year), while the other global leaders experienced more modest paces of growth.

Direction Finding Compass - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
United States	39	39	40	1.1%
Netherlands	9.8	11	17	31.7%
United Kingdom	50	65	16	-43.2%
Canada	18	13	9.1	-28.3%
France	7.3	6.1	7.1	-1.5%

In value terms, the United States ($40M) constitutes the largest market for imported direction finding compasses worldwide, comprising 17% of global imports. The second position in the ranking was occupied by the Netherlands ($17M), with a 7.2% share of global imports. It was followed by the UK, with a 6.8% share.

In the United States, direction finding compass imports increased at an average annual rate of +1.1% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+31.7% per year) and the UK (-43.2% per year).

Direction Finding Compass - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
United States	54	44	37	-17.7%
Germany	24	27	26	3.6%
France	14	15	22	23.5%
United Kingdom	36	26	14	-38.8%
Finland	15	12	10	-15.6%

In value terms, the largest direction finding compass supplying countries worldwide were the United States ($37M), Germany ($26M) and France ($22M), together comprising 41% of global exports. These countries were followed by the UK, Finland, China, Canada, Singapore, Hong Kong SAR, India and Belgium, which together accounted for a further 26%.

In terms of the main exporting countries, Canada (+96.3% per year) 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.

Direction Finding Compass - Market Forecast

Depressed by shrinking demand for direction finding compass worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Direction Finding Compass - Product Coverage

HS 901410 - Navigational instruments and appliances; direction finding compasses

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global direction finding compass market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 26511120 - Direction finding compasses (including magnetic, gyroscopic, b innacle and position finding)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023