Romania: Gps Navigator Market 2024

Gps Navigator Market Size in Romania

The Romanian GPS navigator market expanded rapidly to $X in 2022, with an increase of X% against the previous year. In general, consumption, however, recorded a pronounced descent. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Gps Navigator Production in Romania

In value terms, GPS navigator production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Gps Navigator Exports

Exports from Romania

For the third year in a row, Romania recorded growth in shipments abroad of aeronautical or space navigation instruments and appliances, which increased by X% to X units in 2022. Overall, exports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, GPS navigator exports reduced rapidly to $X in 2022. Over the period under review, exports, however, faced a abrupt contraction. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Serbia (X units), Moldova (X units) and Turkey (X units) were the main destinations of GPS navigator exports from Romania, together accounting for X% of total exports. The UK, Albania and Switzerland lagged somewhat behind, together accounting for a further X%.

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

In value terms, Albania ($X), Moldova ($X) and Switzerland ($X) were the largest markets for GPS navigator exported from Romania worldwide, with a combined X% share of total exports. Turkey, Serbia and the UK lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, the UK, with a CAGR of X%, recorded the highest growth rate of 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 GPS navigator export price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price, however, enjoyed a moderate increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a lower figure.

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

Gps Navigator Imports

Imports into Romania

GPS navigator imports into Romania surged to X units in 2022, rising by X% on the previous year. Overall, imports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, GPS navigator imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a slight slump. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X units) constituted the largest supplier of GPS navigator to Romania, with a X% share of total imports. Moreover, GPS navigator imports from Turkey exceeded the figures recorded by the second-largest supplier, the UK (X units), fivefold. The third position in this ranking was held by Germany (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Germany (X% per year).

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

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

Import Prices by Country

The average GPS navigator import price stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the import price, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for Moldova ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :