Southern Asia: Radio Navigation Apparatus Market 2025

Radio Navigation Apparatus Market Size in Southern Asia

The South Asian radio navigation apparatus market amounted to $X in 2021, surging by 4.2% against the previous year. The total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -2.4% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Radio Navigation Apparatus Production in Southern Asia

In value terms, radio navigation apparatus production rose slightly to $X in 2021 estimated in export price. The total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -4.0% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 22%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Radio Navigation Apparatus Exports

Exports in Southern Asia

In 2021, shipments abroad of radio navigational aid apparatus increased by 6.4% to X tons, rising for the second year in a row after two years of decline. In general, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 513% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, radio navigation apparatus exports contracted to $X in 2021. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 882% against the previous year. As a result, the exports reached the peak of $X, and then declined slightly in the following year.

Exports by Country

India dominates exports structure, resulting at X tons, which was near 95% of total exports in 2021. Bangladesh (X tons) took a relatively small share of total exports.

India was also the fastest-growing in terms of the radio navigational aid apparatus exports, with a CAGR of +16.4% from 2012 to 2021. At the same time, Bangladesh (+13.7%) displayed positive paces of growth. From 2012 to 2021, the share of India increased by +3.4 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest radio navigation apparatus supplier in Southern Asia, comprising 99% of total exports. The second position in the ranking was held by Bangladesh ($X), with a 0.3% share of total exports.

In India, radio navigation apparatus exports expanded at an average annual rate of +32.6% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, with a decrease of -7.8% against the previous year. Overall, the export price, however, showed a buoyant increase. The pace of growth was the most pronounced in 2017 an increase of 177%. Over the period under review, the export prices reached the maximum at $X per ton in 2020, and then reduced in the following year.

Prices varied noticeably country of origin: the country with the highest price was India ($X per ton), while Bangladesh stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+14.0%).

Radio Navigation Apparatus Imports

Imports in Southern Asia

In 2021, imports of radio navigational aid apparatus in Southern Asia reduced to X tons, declining by -1.7% against the year before. Overall, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 161% against the previous year. As a result, imports attained the peak of X tons, and then declined slightly in the following year.

In value terms, radio navigation apparatus imports expanded notably to $X in 2021. In general, imports, however, showed significant growth. The growth pace was the most rapid in 2020 with an increase of 106% against the previous year. The level of import peaked in 2021 and is likely to continue growth in years to come.

Imports by Country

India prevails in imports structure, resulting at X tons, which was near 92% of total imports in 2021. Sri Lanka (X tons) and Pakistan (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to radio navigation apparatus imports into India stood at +26.0%. At the same time, Pakistan (+38.5%) and Sri Lanka (+6.9%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +38.5% from 2012-2021. While the share of India (+20 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Sri Lanka (-8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported radio navigational aid apparatus in Southern Asia, comprising 95% of total imports. The second position in the ranking was held by Sri Lanka ($X), with a 1.5% share of total imports.

In India, radio navigation apparatus imports expanded at an average annual rate of +34.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Sri Lanka (+9.4% per year) and Pakistan (+8.2% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2021, picking up by 7.9% against the previous year. Over the period under review, the import price posted prominent growth. The growth pace was the most rapid in 2018 an increase of 84%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was India ($X per ton), while Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+6.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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