Report Update Nov 1, 2024

Paraguay - Marine or River Navigation Instruments and Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Paraguay: Marine Gps Navigator Market 2024

Marine Gps Navigator Market Size in Paraguay

The Paraguayan marine GPS navigator market dropped to $X in 2022, waning by -4.7% against the previous year. In general, consumption, however, showed a strong expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Marine Gps Navigator Production in Paraguay

In value terms, marine GPS navigator production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of 93%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Marine Gps Navigator Exports

Exports from Paraguay

In 2022, after two years of decline, there was significant decline in shipments abroad of marine or river navigation instruments and appliances, when their volume decreased by -50% to X units. Overall, exports, however, enjoyed a remarkable increase. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, marine GPS navigator exports shrank rapidly to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Argentina (X units) was the main destination for marine GPS navigator exports from Paraguay, accounting for a 80% share of total exports. Moreover, marine GPS navigator exports to Argentina exceeded the volume sent to the second major destination, the United States (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Argentina totaled -23.9%.

In value terms, Argentina ($X) remains the key foreign market for marine or river navigation instruments and appliances exports from Paraguay, comprising 86% of total exports. The second position in the ranking was taken by the United States ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Argentina totaled +20.2%.

Export Prices by Country

The average marine GPS navigator export price stood at $X per unit in 2022, stabilizing at the previous year. In general, the export price, however, saw a abrupt descent. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per unit), while the average price for exports to the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (-6.4%).

Marine Gps Navigator Imports

Imports into Paraguay

In 2022, overseas purchases of marine or river navigation instruments and appliances decreased by -69.4% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2014 when imports increased by 250%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, marine GPS navigator imports contracted dramatically to $X in 2022. Over the period under review, imports, however, saw a perceptible expansion. The growth pace was the most rapid in 2014 when imports increased by 288%. Over the period under review, imports hit record highs at $X in 2021, and then shrank markedly in the following year.

Imports by Country

China (X units), the United States (X units) and Taiwan (Chinese) (X units) were the main suppliers of marine GPS navigator imports to Paraguay, together accounting for 71% of total imports. Japan, Spain, Brazil, the UK, Hong Kong SAR and the Netherlands lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +50.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of marine or river navigation instruments and appliances to Paraguay, comprising 53% of total imports. The second position in the ranking was held by China ($X), with a 19% share of total imports. It was followed by Taiwan (Chinese), with a 7.6% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +27.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-8.3% per year) and Taiwan (Chinese) (+36.5% per year).

Import Prices by Country

In 2022, the average marine GPS navigator import price amounted to $X per unit, surging by 14% against the previous year. Overall, the import price showed a strong increase. The most prominent rate of growth was recorded in 2013 an increase of 123%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+35.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the marine gps navigator market in Paraguay. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 26511180 - Instruments and appliances for navigation (including for marine or river navigation) (excluding for aeronautical or space navigation, compasses)

Country coverage:

Paraguay

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Paraguay
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023