Finland: Gps Navigator Market 2024

Gps Navigator Market Size in Finland

The Finnish GPS navigator market declined markedly to $X in 2022, with a decrease of X% against the previous year. Overall, consumption showed a sharp reduction. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Gps Navigator Production in Finland

In value terms, GPS navigator production shrank dramatically to $X in 2022 estimated in export price. In general, production saw a dramatic contraction. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Gps Navigator Exports

Exports from Finland

In 2022, overseas shipments of aeronautical or space navigation instruments and appliances increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, exports showed strong growth. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, GPS navigator exports soared to $X in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Canada (X units), the United States (X units) and Norway (X units) were the main destinations of GPS navigator exports from Finland, together comprising X% of total exports. Singapore, the UK and Malaysia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) remains the key foreign market for aeronautical or space navigation instruments and appliances exports from Finland, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and the United States (X% per year).

Export Prices by Country

The average GPS navigator export price stood at $X per unit in 2022, rising by X% against the previous year. In general, the export price posted a strong expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Norway ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Gps Navigator Imports

Imports into Finland

In 2022, gps navigator imports into Finland skyrocketed to X units, picking up by X% compared with the previous year. Over the period under review, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, GPS navigator imports soared to $X in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X units), the UK (X units) and Malaysia (X units) were the main suppliers of GPS navigator imports to Finland, together accounting for X% of total imports. Hong Kong SAR, Germany, Singapore, China, Ireland and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and Malaysia ($X) constituted the largest GPS navigator suppliers to Finland, together comprising X% of total imports. Singapore, Hong Kong SAR, Germany, China, Ireland and the Netherlands lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Hong Kong SAR, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average GPS navigator import price stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the import price, however, showed a prominent increase. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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