Azerbaijan: Gps Navigator Market 2025

Gps Navigator Market Size in Azerbaijan

In 2022, the Azerbaijani GPS navigator market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, showed a significant expansion. Over the period under review, the market attained the maximum level at $X in 2021, and then shrank sharply in the following year.

Gps Navigator Production in Azerbaijan

In value terms, GPS navigator production rose remarkably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Gps Navigator Exports

Exports from Azerbaijan

In 2022, the amount of aeronautical or space navigation instruments and appliances exported from Azerbaijan skyrocketed to X units, rising by X% compared with the previous year. Overall, exports recorded a modest expansion. The growth pace was the most rapid in 2019 when exports increased by X%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, GPS navigator exports dropped remarkably to $X in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for GPS navigator exports from Azerbaijan, accounting for a X% share of total exports. Moreover, GPS navigator exports to the UK exceeded the volume sent to the second major destination, France (X units), sevenfold.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at X%.

In value terms, France ($X) and the UK ($X) appeared to be the largest markets for GPS navigator exported from Azerbaijan worldwide.

In terms of the main countries of destination, the UK, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average GPS navigator export price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price, however, showed significant growth. The growth pace was the most rapid in 2013 when the average export price increased by X%. The export price peaked at $X per unit in 2021, and then fell remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to the UK totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Gps Navigator Imports

Imports into Azerbaijan

In 2022, approx. X units of aeronautical or space navigation instruments and appliances were imported into Azerbaijan; declining by X% compared with 2021. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, GPS navigator imports surged to $X in 2022. Over the period under review, imports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X units), France (X units) and Germany (X units) were the main suppliers of GPS navigator imports to Azerbaijan, together accounting for X% of total imports. Russia, Ukraine, Switzerland and the UK lagged somewhat behind, together comprising a further X%.

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

In value terms, France ($X) constituted the largest supplier of aeronautical or space navigation instruments and appliances to Azerbaijan, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Switzerland, with a X% share.

From 2012 to 2022, the average annual growth rate of value from France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Switzerland (X% per year).

Import Prices by Country

The average GPS navigator import price stood at $X per unit in 2022, jumping by X% against the previous year. Overall, the import price saw a significant increase. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

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 France ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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