Slovakia: Gps Navigator Market 2024

Gps Navigator Market Size in Slovakia

The Slovak GPS navigator market reached $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, continues to indicate a deep slump. Consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Gps Navigator Production in Slovakia

In value terms, GPS navigator production rose sharply to $X in 2022 estimated in export price. Overall, production, however, saw a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of X%. Production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Gps Navigator Exports

Exports from Slovakia

In 2022, overseas shipments of aeronautical or space navigation instruments and appliances increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, GPS navigator exports reduced markedly to $X in 2022. Over the period under review, exports posted a strong increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Nigeria (X units) was the main destination for GPS navigator exports from Slovakia, accounting for a X% share of total exports. It was followed by Azerbaijan (X units), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Nigeria was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (X% per year) and Serbia (X% per year).

In value terms, the largest markets for GPS navigator exported from Slovakia were Nigeria ($X), Azerbaijan ($X) and Serbia ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Nigeria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average GPS navigator export price amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price faced a sharp contraction. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

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 Azerbaijan ($X per unit), while the average price for exports to Nigeria ($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 Serbia (X%).

Gps Navigator Imports

Imports into Slovakia

In 2022, approx. X units of aeronautical or space navigation instruments and appliances were imported into Slovakia; rising by X% on the year before. Overall, imports enjoyed pronounced growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, GPS navigator imports reduced slightly to $X in 2022. Over the period under review, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The United States (X units), Taiwan (Chinese) (X units) and the Czech Republic (X units) were the main suppliers of GPS navigator imports to Slovakia, with a combined X% share of total imports. Germany, Slovenia and China lagged somewhat behind, together accounting for a further X%.

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

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

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

Import Prices by Country

In 2022, the average GPS navigator import price amounted to $X per unit, shrinking by X% against the previous year. Overall, the import price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :