Russian Federation: Marine Gps Navigator Market 2025

Marine Gps Navigator Market Size in the Russian Federation

The Russian marine GPS navigator market reduced modestly to $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption, however, continues to indicate resilient growth. Over the period under review, the market hit record highs at $X in 2021, and then dropped slightly in the following year.

Marine Gps Navigator Production in the Russian Federation

In value terms, marine GPS navigator production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, posted a strong increase. The pace of growth was the most pronounced in 2019 with an increase of 94%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Marine Gps Navigator Exports

Exports from the Russian Federation

In 2022, the amount of marine or river navigation instruments and appliances exported from Russia surged to X units, with an increase of 26% against 2021 figures. Overall, exports showed a slight expansion. The pace of growth appeared the most rapid in 2015 with an increase of 173%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, marine GPS navigator exports soared to $X in 2022. In general, exports posted measured growth. The most prominent rate of growth was recorded in 2020 when exports increased by 165%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X units) was the main destination for marine GPS navigator exports from Russia, with a 87% share of total exports. It was followed by Azerbaijan (X units), with a 2.2% share of total exports. Germany (X units) ranked third in terms of total exports with a 1.6% share.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan stood at +35.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (-2.7% per year) and Germany (+6.5% per year).

In value terms, Kazakhstan ($X) emerged as the key foreign market for marine or river navigation instruments and appliances exports from Russia, comprising 57% of total exports. The second position in the ranking was held by Germany ($X), with a 7.4% share of total exports. It was followed by Azerbaijan, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value to Kazakhstan totaled +50.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+40.1% per year) and Azerbaijan (+16.3% per year).

Export Prices by Country

The average marine GPS navigator export price stood at $X per unit in 2022, waning by -4% against the previous year. Overall, the export price, however, showed a notable increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 111% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then reduced modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Finland ($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 (+31.5%), while the prices for the other major destinations experienced more modest paces of growth.

Marine Gps Navigator Imports

Imports into the Russian Federation

In 2022, after three years of growth, there was decline in supplies from abroad of marine or river navigation instruments and appliances, when their volume decreased by less than 0.1% to X units. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 47%. Over the period under review, imports hit record highs at X units in 2021, and then fell in the following year.

In value terms, marine GPS navigator imports declined remarkably to $X in 2022. Overall, imports continue to indicate a mild setback. The pace of growth appeared the most rapid in 2021 with an increase of 54% against the previous year. As a result, imports attained the peak of $X, and then dropped notably in the following year.

Imports by Country

The United States (X units), Taiwan (Chinese) (X units) and Mexico (X units) were the main suppliers of marine GPS navigator imports to Russia, together accounting for 64% of total imports. Lithuania, Germany, China, Sweden, the UK, Japan and Norway lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of +131.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Taiwan (Chinese) ($X) and Mexico ($X) were the largest marine GPS navigator suppliers to Russia, together comprising 78% of total imports. Lithuania, Germany, China, Sweden, Japan, the UK and Norway lagged somewhat behind, together comprising a further 21%.

Lithuania, with a CAGR of +116.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 -17.4% against the previous year. In general, the import price continues to indicate a slight descent. The most prominent rate of growth was recorded in 2015 an increase of 104%. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained 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 Japan ($X per unit), while the price for Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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