China: Marine Gps Navigator Market 2025

Marine Gps Navigator Market Size in China

The Chinese marine GPS navigator market dropped to $X in 2022, with a decrease of -5.4% against the previous year. Over the period under review, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +51.6% against 2015 indices. Over the period under review, the market attained the peak level at $X in 2021, and then reduced in the following year.

Marine Gps Navigator Production in China

In value terms, marine GPS navigator production shrank to $X in 2022 estimated in export price. Over the period under review, the total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -13.2% against 2019 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 35%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Marine Gps Navigator Exports

Exports from China

In 2022, approx. X units of marine or river navigation instruments and appliances were exported from China; growing by 23% against the year before. Overall, exports showed a resilient expansion. The pace of growth was the most pronounced in 2017 when exports increased by 289% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, marine GPS navigator exports reached $X in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 225% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), the UK (X units) and Singapore (X units) were the main destinations of marine GPS navigator exports from China, with a combined 34% share of total exports. South Korea, Australia, India, Malaysia, Japan, Germany, Vietnam, the Philippines, the Netherlands and Thailand lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of +111.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for marine GPS navigator exported from China were South Korea ($X), Singapore ($X) and Malaysia ($X), together comprising 24% of total exports. The United States, Japan, the UK, the Netherlands, Australia, Germany, Vietnam, the Philippines, India and Thailand lagged somewhat behind, together accounting for a further 34%.

Among the main countries of destination, the Netherlands, with a CAGR of +91.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average marine GPS navigator export price amounted to $X per unit, declining by -14.9% against the previous year. Overall, the export price saw a abrupt curtailment. The growth pace was the most rapid in 2021 an increase of 75%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to the UK ($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 Malaysia (-6.2%), while the prices for the other major destinations experienced a decline.

Marine Gps Navigator Imports

Imports into China

In 2022, approx. X units of marine or river navigation instruments and appliances were imported into China; growing by 5.8% compared with 2021. Overall, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.5% 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 +99.3% against 2018 indices. The pace of growth appeared the most rapid in 2021 with an increase of 70%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, marine GPS navigator imports dropped modestly to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by 23%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the UK (X units) constituted the largest supplier of marine GPS navigator to China, accounting for a 33% share of total imports. Moreover, marine GPS navigator imports from the UK exceeded the figures recorded by the second-largest supplier, France (X units), sevenfold. The United States (X units) ranked third in terms of total imports with a 2.3% share.

From 2012 to 2022, the average annual growth rate of volume from the UK stood at +15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+10.6% per year) and the United States (-11.4% per year).

In value terms, the largest marine GPS navigator suppliers to China were Japan ($X), Norway ($X) and the UK ($X), with a combined 59% share of total imports.

Among the main suppliers, the UK, with a CAGR of +4.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average marine GPS navigator import price stood at $X per unit in 2022, with a decrease of -5.8% against the previous year. Overall, the import price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when the average import price increased by 8.7% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+3,029.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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