United Kingdom: Marine Gps Navigator Market 2025

Marine Gps Navigator Market Size in the UK

The UK marine GPS navigator market stood at $X in 2022, flattening at the previous year. Over the period under review, consumption enjoyed a buoyant increase. Marine GPS navigator consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Marine Gps Navigator Production in the UK

In value terms, marine GPS navigator production declined to $X in 2022 estimated in export price. Overall, production recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 37% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Marine Gps Navigator Exports

Exports from the UK

In 2022, overseas shipments of marine or river navigation instruments and appliances decreased by -3% to X units, falling for the third consecutive year after two years of growth. Over the period under review, exports continue to indicate a perceptible reduction. The growth pace was the most rapid in 2019 when exports increased by 48%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, marine GPS navigator exports contracted slightly to $X in 2022. The total export value increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of 20% against the previous year. The exports peaked at $X in 2021, and then fell modestly in the following year.

Exports by Country

France (X units), the United Arab Emirates (X units) and the United States (X units) were the main destinations of marine GPS navigator exports from the UK, with a combined 42% share of total exports. The Netherlands, Spain, Germany, South Korea, Poland, Ukraine, Qatar, Italy, Ireland and Turkey lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of +46.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the United Arab Emirates ($X) and Germany ($X) were the largest markets for marine GPS navigator exported from the UK worldwide, together comprising 51% of total exports. Italy, South Korea, France, Spain, Turkey, the Netherlands, Ireland, Qatar, Poland and Ukraine lagged somewhat behind, together accounting for a further 24%.

Qatar, with a CAGR of +55.5%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average marine GPS navigator export price stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, marine GPS navigator export price increased by +65.0% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of 40% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Ukraine ($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 the United Arab Emirates (+25.2%), while the prices for the other major destinations experienced more modest paces of growth.

Marine Gps Navigator Imports

Imports into the UK

In value terms, marine GPS navigator imports soared to $X in 2022. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Japan (X units), Mexico (X units) and the United States (X units) were the main suppliers of marine GPS navigator imports to the UK, together accounting for 44% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +57.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest marine GPS navigator suppliers to the UK were the United States ($X), Italy ($X) and France ($X), with a combined 64% share of total imports. Norway, Canada, Japan, Taiwan (Chinese), China, Mexico, Estonia, the Netherlands and South Korea lagged somewhat behind, together comprising a further 26%.

Mexico, with a CAGR of +36.3%, saw the highest growth rate of 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, jumping by 22% against the previous year. Overall, the import price saw a strong expansion. The growth pace was the most rapid in 2019 when the average import price increased by 30% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+51.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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