Eastern Asia: Radio Navigation Apparatus Market 2025

Radio Navigation Apparatus Market Size in Eastern Asia

In 2021, after two years of decline, there was significant growth in the East Asian radio navigation apparatus market, when its value increased by 9.3% to $X. Overall, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Radio Navigation Apparatus Production in Eastern Asia

In value terms, radio navigation apparatus production rose notably to $X in 2021 estimated in export price. Overall, production, however, saw a pronounced decrease. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Radio Navigation Apparatus Exports

Exports in Eastern Asia

In 2021, shipments abroad of radio navigational aid apparatus increased by 6.3% to X tons for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2015 with an increase of 29%. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, radio navigation apparatus exports amounted to $X in 2021. Overall, exports, however, continue to indicate a abrupt curtailment. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) and Taiwan (Chinese) (X tons) represented roughly 76% of total exports in 2021. Japan (X tons) took the next position in the ranking, followed by South Korea (X tons). All these countries together held approx. 22% share of total exports. Hong Kong SAR (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of -0.6%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, China ($X) remains the largest radio navigation apparatus supplier in Eastern Asia, comprising 54% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 25% share of total exports. It was followed by Japan, with a 12% share.

In China, radio navigation apparatus exports contracted by an average annual rate of -10.0% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (-6.1% per year) and Japan (-19.2% per year).

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, increasing by 7.3% against the previous year. Overall, the export price, however, saw a slight slump. The most prominent rate of growth was recorded in 2018 when the export price increased by 8% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.7%), while the other leaders experienced a decline in the export price figures.

Radio Navigation Apparatus Imports

Imports in Eastern Asia

In 2021, imports of radio navigational aid apparatus in Eastern Asia stood at X tons, growing by 12% on 2020 figures. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 20%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, radio navigation apparatus imports soared to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Japan (X tons) was the largest importer of radio navigational aid apparatus, creating 66% of total imports. China (X tons) ranks second in terms of the total imports with a 19% share, followed by Hong Kong SAR (9.6%). South Korea (X tons) held a minor share of total imports.

Japan experienced a relatively flat trend pattern with regard to volume of imports of radio navigational aid apparatus. At the same time, Hong Kong SAR (+1.9%) and China (+1.8%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +1.9% from 2012-2021. By contrast, South Korea (-6.3%) illustrated a downward trend over the same period. China (+3.6 p.p.) and Hong Kong SAR (+2 p.p.) significantly strengthened its position in terms of the total imports, while South Korea saw its share reduced by -3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest radio navigation apparatus importing markets in Eastern Asia were Japan ($X), China ($X) and Hong Kong SAR ($X), with a combined 93% share of total imports.

Among the main importing countries, China, with a CAGR of +5.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2021, rising by 10% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 12%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+4.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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