Global Marine Gps Navigator Market 2025

Marine Gps Navigator Market Size

The global marine GPS navigator market rose remarkably to $X in 2021, growing by 11% against the previous year. In general, consumption continues to indicate a strong expansion. Global consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Marine Gps Navigator Production

In value terms, marine GPS navigator production stood at $X in 2021 estimated in export price. Over the period under review, production posted a buoyant increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by 32% against the previous year. Over the period under review, global production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Marine Gps Navigator Exports

Exports

In 2021, global exports of marine or river navigation instruments and appliances skyrocketed to X units, increasing by 22% compared with 2020 figures. In general, exports, however, saw a relatively flat trend pattern. The global exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, marine GPS navigator exports surged to $X in 2021. The total export value increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Taiwan (Chinese) (X units) was the key exporter of marine or river navigation instruments and appliances, creating 35% of total exports. The United States (X units) held the second position in the ranking, followed by the Netherlands (X units), Mexico (X units), Japan (X units) and China (X units). All these countries together held approx. 41% share of total exports. Canada (X units), the UK (X units), Israel (X units) and India (X units) followed a long way behind the leaders.

Taiwan (Chinese) was also the fastest-growing in terms of the marine or river navigation instruments and appliances exports, with a CAGR of +30.1% from 2012 to 2021. At the same time, India (+23.8%), Canada (+15.0%), Israel (+11.0%), the Netherlands (+5.3%), China (+3.3%) and the United States (+1.9%) displayed positive paces of growth. By contrast, Mexico (-2.8%), Japan (-4.3%) and the UK (-5.6%) illustrated a downward trend over the same period. While the share of Taiwan (Chinese) (+32 p.p.), the Netherlands (+3.7 p.p.), Canada (+2.3 p.p.), the United States (+2 p.p.), India (+1.8 p.p.), Israel (+1.6 p.p.) and China (+1.6 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of the UK (-1.6 p.p.), Mexico (-1.8 p.p.) and Japan (-3.3 p.p.) displayed negative dynamics.

In value terms, the largest marine GPS navigator supplying countries worldwide were the United States ($X), Taiwan (Chinese) ($X) and the UK ($X), with a combined 43% share of global exports. The Netherlands, Japan, Israel, Mexico, Canada, China and India lagged somewhat behind, together comprising a further 27%.

India, with a CAGR of +42.7%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average marine GPS navigator export price stood at $X per unit in 2021, stabilizing at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.4%. The pace of growth appeared the most rapid in 2016 when the average export price increased by 38%. The global export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the UK ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+15.3%), while the other global leaders experienced more modest paces of growth.

Marine Gps Navigator Imports

Imports

Global marine GPS navigator imports amounted to X units in 2021, stabilizing at 2020. In general, imports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2014 with an increase of 19%. As a result, imports attained the peak of X units. From 2015 to 2021, the growth of global imports remained at a somewhat lower figure.

In value terms, marine GPS navigator imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X units) represented the key importer of marine or river navigation instruments and appliances, making up 34% of total imports. The Netherlands (X units) ranks second in terms of the total imports with a 13% share, followed by China (5.1%). The following importers - France (X units), Canada (X units), Mexico (X units), Australia (X units), Russia (X units), South Korea (X units), Spain (X units), Turkey (X units), Germany (X units) and the United Arab Emirates (X units) - together made up 24% of total imports.

From 2012 to 2021, average annual rates of growth with regard to marine GPS navigator imports into the United States stood at +5.4%. At the same time, Russia (+20.0%), Mexico (+16.0%), Turkey (+13.5%), China (+12.7%), the United Arab Emirates (+10.9%), the Netherlands (+7.2%), Germany (+6.9%), France (+6.8%) and Canada (+1.8%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing importer imported in the world, with a CAGR of +20.0% from 2012-2021. Australia experienced a relatively flat trend pattern. By contrast, South Korea (-3.0%) and Spain (-6.5%) illustrated a downward trend over the same period. The United States (+21 p.p.), the Netherlands (+9.1 p.p.), China (+4 p.p.), Mexico (+2.5 p.p.), France (+2.2 p.p.), Russia (+2.1 p.p.) and Turkey (+1.6 p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported marine or river navigation instruments and appliances worldwide, comprising 21% of global imports. The second position in the ranking was taken by the Netherlands ($X), with a 7.2% share of global imports. It was followed by South Korea, with a 7% share.

From 2012 to 2021, the average annual growth rate of value in the United States stood at +6.9%. In the other countries, the average annual rates were as follows: the Netherlands (+7.0% per year) and South Korea (+3.1% per year).

Import Prices by Country

In 2021, the average marine GPS navigator import price amounted to $X per unit, picking up by 17% against the previous year. Over the period under review, the import price showed a resilient expansion. The most prominent rate of growth was recorded in 2016 an increase of 46% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was South Korea ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+7.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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