Eastern Europe: Marine Gps Navigator Market 2025

Marine Gps Navigator Market Size in Eastern Europe

The East European marine GPS navigator market expanded notably to $X in 2021, surging by 11% against the previous year. Overall, consumption enjoyed a strong increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Marine Gps Navigator Production in Eastern Europe

In value terms, marine GPS navigator production rose markedly to $X in 2021 estimated in export price. Over the period under review, production showed a remarkable increase. The pace of growth was the most pronounced in 2019 when the production volume increased by 28% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Marine Gps Navigator Exports

Exports in Eastern Europe

In 2021, overseas shipments of marine or river navigation instruments and appliances were finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Overall, exports, however, recorded a drastic downturn. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, marine GPS navigator exports rose to $X in 2021. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by 115% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Estonia (X units), the Czech Republic (X units), Poland (X units) and Lithuania (X units), together resulting at 76% of total export. Latvia (X units) took a 6.6% share (based on physical terms) of total exports, which put it in second place, followed by Russia (5.6%) and Belarus (5.2%).

From 2012 to 2021, the biggest increases were in Belarus (with a CAGR of +172.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest marine GPS navigator supplying countries in Eastern Europe were Lithuania ($X), Russia ($X) and Estonia ($X), together comprising 61% of total exports.

In terms of the main exporting countries, Estonia, with a CAGR of +50.1%, recorded the highest rates of growth with regard to 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 2021, the export price in Eastern Europe amounted to $X per unit, dropping by -24.2% against the previous year. Overall, the export price, however, showed resilient growth. The growth pace was the most rapid in 2015 an increase of 111% against the previous year. The level of export peaked at $X per unit in 2020, and then dropped significantly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Russia ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+22.7%), while the other leaders experienced more modest paces of growth.

Marine Gps Navigator Imports

Imports in Eastern Europe

In 2021, purchases abroad of marine or river navigation instruments and appliances increased by 27% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 54%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, marine GPS navigator imports skyrocketed to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +10.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X units) and Poland (X units) were the largest importers of marine or river navigation instruments and appliances in Eastern Europe, together making up 65% of total imports. It was distantly followed by Estonia (X units), creating a 14% share of total imports. Belarus (X units), the Czech Republic (X units), Lithuania (X units), Ukraine (X units), Latvia (X units), Romania (X units) and Bulgaria (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Belarus (with a CAGR of +36.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest marine GPS navigator importing markets in Eastern Europe were Russia ($X), Poland ($X) and Estonia ($X), with a combined 73% share of total imports.

Estonia, with a CAGR of +30.8%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per unit, growing by 25% against the previous year. In general, the import price, however, showed a pronounced downturn. The pace of growth was the most pronounced in 2018 an increase of 25%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Latvia ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+8.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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