Report Update Nov 1, 2024

Benelux - Direction Finding Compasses - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Benelux: Direction Finding Compass Market 2024

Direction Finding Compass Exports

Exports in Benelux

For the fourth consecutive year, Benelux recorded growth in overseas shipments of direction finding compasses, which increased by 65% to X units in 2021. In general, exports showed slight growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, direction finding compass exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a moderate increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands prevails in exports structure, finishing at X units, which was near 95% of total exports in 2021. It was distantly followed by Belgium (X units), making up a 5.3% share of total exports.

The Netherlands was also the fastest-growing in terms of the direction finding compasses exports, with a CAGR of +3.4% from 2012 to 2021. Belgium (-11.6%) illustrated a downward trend over the same period. While the share of the Netherlands (+13 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belgium (-13.3 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest direction finding compass supplier in Benelux, comprising 93% of total exports. The second position in the ranking was taken by Belgium ($X), with a 6.7% share of total exports.

In the Netherlands, direction finding compass exports expanded at an average annual rate of +2.5% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per unit, with an increase of 6.8% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2015 an increase of 21%. The level of export peaked in 2021 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+27.6%).

Direction Finding Compass Imports

Imports in Benelux

In 2021, supplies from abroad of direction finding compasses increased by 28% to X units, rising for the third year in a row after three years of decline. Total imports indicated slight growth from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +117.7% against 2018 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 42%. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, direction finding compass imports skyrocketed to $X in 2021. Over the period under review, imports showed a measured expansion. The pace of growth was the most pronounced in 2020 when imports increased by 54% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

The Netherlands was the major importer of direction finding compasses in Benelux, with the volume of imports resulting at X units, which was approx. 84% of total imports in 2021. It was distantly followed by Belgium (X units), making up a 16% share of total imports.

The Netherlands was also the fastest-growing in terms of the direction finding compasses imports, with a CAGR of +2.0% from 2012 to 2021. At the same time, Belgium (+1.5%) displayed positive paces of growth. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported direction finding compasses in Benelux, comprising 88% of total imports. The second position in the ranking was held by Belgium ($X), with a 12% share of total imports.

In the Netherlands, direction finding compass imports increased at an average annual rate of +3.4% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per unit, surging by 13% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 65% against the previous year. Over the period under review, import prices attained the peak figure in 2021 and is likely to see gradual growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Belgium stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.3%).

Source: IndexBox Platform

This report provides an in-depth analysis of the direction finding compass market in Benelux. 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:

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Benelux, split by region and country
Trade (exports and imports) in Benelux
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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. 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. 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
- Belgium
- Luxembourg
- Netherlands
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