Netherlands: Direction Finding Compass Market 2025

Direction Finding Compass Market Size in the Netherlands

In 2021, after two years of growth, there was significant decline in the Dutch direction finding compass market, when its value decreased by -56.9% to $X. Overall, consumption recorded a pronounced setback. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Direction Finding Compass Exports

Exports from the Netherlands

In 2021, direction finding compass exports from the Netherlands skyrocketed to X units, with an increase of 64% compared with the previous year. Over the period under review, exports saw tangible growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, direction finding compass exports skyrocketed to $X in 2021. Overall, exports saw noticeable growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X units), Denmark (X units) and Japan (X units) were the main destinations of direction finding compass exports from the Netherlands, together comprising 38% of total exports. These countries were followed by the United States, Singapore, Vietnam, Italy, France, Germany, Spain, the United Arab Emirates, Norway and Switzerland, which together accounted for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of +42.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for direction finding compass exported from the Netherlands were the UK ($X), the United States ($X) and Denmark ($X), with a combined 29% share of total exports. Norway, Germany, France, Italy, Spain, Singapore, Vietnam, the United Arab Emirates, Switzerland and Japan lagged somewhat behind, together accounting for a further 37%.

Switzerland, with a CAGR of +29.7%, recorded the highest rates of growth with regard to the value of exports, among 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

The average direction finding compass export price stood at $X per unit in 2021, rising by 8.3% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 16%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Direction Finding Compass Imports

Imports into the Netherlands

In 2021, purchases abroad of direction finding compasses increased by 18% to X units, rising for the third consecutive year after three years of decline. Over the period under review, total imports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +110.5% against 2018 indices. The growth pace was the most rapid in 2020 when imports increased by 37% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, direction finding compass imports soared to $X in 2021. Overall, imports continue to indicate noticeable growth. The growth pace was the most rapid in 2020 when imports increased by 53%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

China (X units), France (X units) and the United States (X units) were the main suppliers of direction finding compass imports to the Netherlands, together accounting for 52% of total imports. Germany, Japan, New Zealand, Latvia, Spain, Italy, the UK, India, Taiwan (Chinese) and Hungary lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2021, the biggest increases were recorded for New Zealand (with a CAGR of +166.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of direction finding compasses to the Netherlands, comprising 40% of total imports. The second position in the ranking was taken by Germany ($X), with a 15% share of total imports. It was followed by France, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.2% per year) and France (+14.9% per year).

Import Prices by Country

The average direction finding compass import price stood at $X per unit in 2021, surging by 14% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, direction finding compass import price increased by +10.7% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of 88% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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