ASEAN: Gps Navigator Market 2024

Gps Navigator Market Size in ASEAN

The ASEAN GPS navigator market rose slightly to $X in 2022, picking up by X% against the previous year. Overall, consumption, however, showed a noticeable slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Gps Navigator Production in ASEAN

In value terms, GPS navigator production rose to $X in 2022 estimated in export price. In general, production, however, recorded a noticeable decline. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Gps Navigator Exports

Exports in ASEAN

After two years of decline, shipments abroad of aeronautical or space navigation instruments and appliances increased by X% to X units in 2022. Overall, exports posted a prominent expansion. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, GPS navigator exports surged to $X in 2022. In general, exports enjoyed notable growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Indonesia represented the key exporting country with an export of around X units, which resulted at X% of total exports. It was distantly followed by Singapore (X units) and Malaysia (X units), together achieving a X% share of total exports. Thailand (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to GPS navigator exports from Indonesia stood at X%. At the same time, Thailand (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. Singapore experienced a relatively flat trend pattern. Indonesia (X p.p.), Malaysia (X p.p.) and Thailand (X p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Singapore ($X) remains the largest GPS navigator supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

In Singapore, GPS navigator exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, waning by X% against the previous year. In general, the export price showed a deep contraction. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure 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 amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced mixed trends in the export price figures.

Gps Navigator Imports

Imports in ASEAN

In 2022, purchases abroad of aeronautical or space navigation instruments and appliances increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed a pronounced expansion. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, GPS navigator imports shrank to $X in 2022. Over the period under review, imports enjoyed resilient growth. 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 in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the two major importers of aeronautical or space navigation instruments and appliances, namely Singapore and Malaysia, represented more than two-thirds of total import.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%).

In value terms, Singapore ($X) constitutes the largest market for imported aeronautical or space navigation instruments and appliances in ASEAN, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with a X% share of total imports.

In Singapore, GPS navigator imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, declining by X% against the previous year. Import price indicated a moderate increase from 2012 to 2022: its price 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, GPS navigator import price decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per unit), while Malaysia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%).

Source: IndexBox Platform