Israel: Gps Navigator Market 2024

Gps Navigator Market Size in Israel

The Israeli GPS navigator market totaled $X in 2022, increasing by X% against the previous year. Overall, consumption, however, saw a noticeable decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Gps Navigator Production in Israel

In value terms, GPS navigator production rose markedly to $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. Production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Gps Navigator Exports

Exports from Israel

In 2022, shipments abroad of aeronautical or space navigation instruments and appliances increased by X% to X units, rising for the fourth year in a row after two years of decline. In general, exports recorded tangible growth. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, GPS navigator exports skyrocketed to $X in 2022. Overall, exports saw a buoyant increase. The growth pace was the most rapid in 2016 with an increase of X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

India (X units), the United States (X units) and the UK (X units) were the main destinations of GPS navigator exports from Israel, with a combined X% share of total exports. Brazil, Luxembourg, South Korea, Malta and Germany lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for GPS navigator exported from Israel were India ($X), the United States ($X) and the UK ($X), together accounting for X% of total exports. Brazil, Luxembourg, South Korea, Malta and Germany lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average GPS navigator export price amounted to $X per unit, falling by X% against the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, GPS navigator export price decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2015 an increase of X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($X per unit) and Malta ($X per unit), while the average price for exports to Luxembourg ($X per unit) and India ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Gps Navigator Imports

Imports into Israel

In 2022, supplies from abroad of aeronautical or space navigation instruments and appliances was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt descent. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, GPS navigator imports soared to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) constituted the largest GPS navigator supplier to Israel, accounting for a X% share of total imports. Moreover, GPS navigator imports from the United States exceeded the figures recorded by the second-largest supplier, Switzerland (X units), fivefold. The third position in this ranking was held by France (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and France (X% per year).

In value terms, the United States ($X) constituted the largest supplier of aeronautical or space navigation instruments and appliances to Israel, comprising X% of total imports. The second position in the ranking was held by Switzerland ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and France (X% per year).

Import Prices by Country

The average GPS navigator import price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of X% 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 2014 an increase of X%. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Brazil ($X per unit) and the United States ($X per unit), while the price for France ($X per unit) and Switzerland ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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