Ireland: Marine Gps Navigator Market 2025

Marine Gps Navigator Market Size in Ireland

The Irish marine GPS navigator market surged to $X in 2022, with an increase of 26% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Marine Gps Navigator Production in Ireland

In value terms, marine GPS navigator production soared to $X in 2022 estimated in export price. Overall, production posted resilient growth. The growth pace was the most rapid in 2016 with an increase of 1,034%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Marine Gps Navigator Exports

Exports by Country

The UK (X units) was the main destination for marine GPS navigator exports from Ireland, accounting for a 59% share of total exports. Moreover, marine GPS navigator exports to the UK exceeded the volume sent to the second major destination, Denmark (X units), twofold. The third position in this ranking was held by the United States (X units), with a 3% share.

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to +55.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+4.3% per year) and the United States (+53.1% per year).

In value terms, the largest markets for marine GPS navigator exported from Ireland were the UK ($X), Germany ($X) and South Korea ($X), together comprising 51% of total exports. Denmark and the United States lagged somewhat behind, together accounting for a further 19%.

Among the main countries of destination, the United States, with a CAGR of +53.2%, saw 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

The average marine GPS navigator export price stood at $X per unit in 2022, jumping by 22% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 312% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to the UK ($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 Germany (+30.8%), while the prices for the other major destinations experienced more modest paces of growth.

Marine Gps Navigator Imports

Imports by Country

In 2022, Japan (X units) constituted the largest supplier of marine GPS navigator to Ireland, accounting for a 43% share of total imports. Moreover, marine GPS navigator imports from Japan exceeded the figures recorded by the second-largest supplier, the UK (X units), fourfold. The third position in this ranking was taken by Germany (X units), with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan stood at -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-8.2% per year) and Germany (+25.5% per year).

In value terms, the United States ($X), Japan ($X) and the UK ($X) were the largest marine GPS navigator suppliers to Ireland, with a combined 70% share of total imports. France, Norway, Sweden, China, Germany and Canada lagged somewhat behind, together accounting for a further 23%.

In terms of the main suppliers, Sweden, with a CAGR of +58.5%, recorded the highest rates of growth with regard to 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 marine GPS navigator import price stood at $X per unit in 2022, with a decrease of -24% against the previous year. Over the period under review, the import price, however, continues to indicate pronounced growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 62% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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