Austria: Gps Navigator Market 2024

Gps Navigator Market Size in Austria

The Austrian GPS navigator market shrank markedly to $X in 2022, waning by X% against the previous year. In general, consumption, however, recorded a resilient increase. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Gps Navigator Production in Austria

In value terms, GPS navigator production declined to $X in 2022 estimated in export price. In general, production, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Gps Navigator Exports

Exports from Austria

In 2022, shipments abroad of aeronautical or space navigation instruments and appliances was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, GPS navigator exports surged to $X in 2022. Overall, exports recorded a strong increase. The pace of growth appeared the most rapid in 2019 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

China (X units) was the main destination for GPS navigator exports from Austria, with a X% share of total exports. Moreover, GPS navigator exports to China exceeded the volume sent to the second major destination, the United States (X units), threefold. The third position in this ranking was held by Hong Kong SAR (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Hong Kong SAR (X% per year).

In value terms, the largest markets for GPS navigator exported from Austria were the United States ($X), China ($X) and Hong Kong SAR ($X), together accounting for X% of total exports. Denmark, the UK, Thailand, Germany and France lagged somewhat behind, together comprising a further X%.

Denmark, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average GPS navigator 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, enjoyed a temperate increase. The pace of growth appeared the most rapid in 2019 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to China ($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 Denmark (X%), while the prices for the other major destinations experienced more modest paces of growth.

Gps Navigator Imports

Imports into Austria

In 2022, overseas purchases of aeronautical or space navigation instruments and appliances decreased by X% to X units for the first time since 2015, thus ending a six-year rising trend. Over the period under review, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, GPS navigator imports reduced to $X in 2022. Overall, total imports indicated buoyant growth 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

Canada (X units), the United States (X units) and the Netherlands (X units) were the main suppliers of GPS navigator imports to Austria, with a combined X% share of total imports.

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

In value terms, Canada ($X), the United States ($X) and the Netherlands ($X) constituted the largest GPS navigator suppliers to Austria, together accounting for X% of total imports.

The Netherlands, with a CAGR of X%, saw the highest growth rate of 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 GPS navigator import price amounted to $X per unit, with a decrease of X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X%. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices stood 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 ($X per unit), while the price for France ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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