Croatia: Marine Gps Navigator Market 2025

Marine Gps Navigator Market Size in Croatia

The Croatian marine GPS navigator market was estimated at $X in 2022, with an increase of 1.7% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Marine Gps Navigator Production in Croatia

In value terms, marine GPS navigator production contracted modestly to $X in 2022 estimated in export price. In general, production continues to indicate a pronounced increase. The pace of growth was the most pronounced in 2015 when the production volume increased by 209% against the previous year. Marine GPS navigator production peaked at $X in 2019; afterwards, it flattened through to 2022.

Marine Gps Navigator Exports

Exports from Croatia

In 2022, shipments abroad of marine or river navigation instruments and appliances decreased by -50.9% to X units for the first time since 2015, thus ending a six-year rising trend. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 438%. The exports peaked at X units in 2021, and then shrank notably in the following year.

In value terms, marine GPS navigator exports contracted slightly to $X in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 208%. The exports peaked at $X in 2021, and then declined modestly in the following year.

Exports by Country

Germany (X units), Slovenia (X units) and the United States (X units) were the main destinations of marine GPS navigator exports from Croatia, together comprising 59% of total exports. Montenegro, the Netherlands, Serbia, China, Bosnia and Herzegovina and Turkey lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +85.4%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for marine or river navigation instruments and appliances exports from Croatia, comprising 38% of total exports. The second position in the ranking was taken by Germany ($X), with a 12% share of total exports. It was followed by China, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +93.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+58.5% per year) and China (+48.7% per year).

Export Prices by Country

The average marine GPS navigator export price stood at $X per unit in 2022, with an increase of 98% against the previous year. In general, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of 141%. As a result, the export price reached the peak level of $X per unit. From 2014 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 the United States ($X per unit), while the average price for exports to Turkey ($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 Germany (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Marine Gps Navigator Imports

Imports into Croatia

In 2022, after two years of growth, there was significant decline in supplies from abroad of marine or river navigation instruments and appliances, when their volume decreased by -29.9% to X units. Over the period under review, total imports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by 71%. Imports peaked at X units in 2021, and then reduced markedly in the following year.

In value terms, marine GPS navigator imports declined to $X in 2022. Overall, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.2% 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 +29.9% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of 44% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, the Netherlands (X units) constituted the largest supplier of marine GPS navigator to Croatia, accounting for a 65% share of total imports. Moreover, marine GPS navigator imports from the Netherlands exceeded the figures recorded by the second-largest supplier, the United States (X units), fivefold. The third position in this ranking was taken by Italy (X units), with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled +62.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+21.1% per year) and Italy (+16.7% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of marine or river navigation instruments and appliances to Croatia, comprising 57% of total imports. The second position in the ranking was held by the United States ($X), with a 16% share of total imports. It was followed by Norway, with an 8.2% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to +65.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+28.4% per year) and Norway (+6.7% per year).

Import Prices by Country

In 2022, the average marine GPS navigator import price amounted to $X per unit, rising by 23% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2015 when the average import price increased by 38% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a 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 UK ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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