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Spain - Direction Finding Compasses - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDirection Finding Compass Price in Spain - 2023
Contents:
- Direction Finding Compass Price in Spain (CIF) - 2022
- Direction Finding Compass Price in Spain (FOB) - 2023
- Direction Finding Compass Imports in Spain
- Direction Finding Compass Exports in Spain
Direction Finding Compass Price in Spain (CIF) - 2022
In 2022, the average direction finding compass import price amounted to $13 per unit, picking up by 2.7% against the previous year. Over the period under review, the import price enjoyed a strong expansion. The growth pace was the most rapid in 2017 when the average import price increased by 103%. As a result, import price attained the peak level of $13 per unit. From 2018 to 2022, the average import prices failed to regain momentum.
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 the UK ($147 per unit), while the price for Italy ($2.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+41.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Direction Finding Compass Price in Spain (FOB) - 2023
The average direction finding compass export price stood at $4.6 per unit in June 2023, shrinking by -42.4% against the previous month. In general, the export price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 386% month-to-month. As a result, the export price attained the peak level of $23.3 per unit. From January 2023 to June 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($14.7 per unit), while the average price for exports to France ($1.9 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Direction Finding Compass Imports in Spain
Direction finding compass imports into Spain rose sharply to 359K units in 2022, surging by 9.7% on the year before. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -8.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 66%. As a result, imports attained the peak of 390K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, direction finding compass imports expanded notably to $4.6M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +25.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +99.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 44% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
Import of Direction Finding Compass in Spain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 20.5 | 53.9 | 484 | 921 | 255.5% |
Belgium | 0.2 | 6.1 | 13.5 | 611 | 1351.0% |
Taiwan (Chinese) | 286 | 532 | 670 | 477 | 18.6% |
Italy | 18.1 | 50.7 | 17.4 | 291 | 152.4% |
France | 132 | 895 | 797 | 276 | 27.9% |
China | 257 | 230 | 268 | 265 | 1.0% |
India | 74.7 | 23.5 | 42.1 | 86.9 | 5.2% |
Others | 1,512 | 1,522 | 1,784 | 1,665 | 3.3% |
Total | 2,300 | 3,313 | 4,076 | 4,594 | 25.9% |
Top Suppliers of Direction Finding Compass to Spain in 2022:
- Italy (116.7K units)
- Belgium (84.5K units)
- China (43.0K units)
- France (38.4K units)
- Taiwan (Chinese) (29.9K units)
- India (22.5K units)
- United Kingdom (6.3K units)
Direction Finding Compass Exports in Spain
In 2022, the amount of direction finding compasses exported from Spain rose slightly to 336K units, picking up by 3.7% against 2021 figures. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 180%. As a result, the exports reached the peak of 348K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, direction finding compass exports declined notably to $1.8M in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 94%. As a result, the exports reached the peak of $2.1M, and then declined notably in the following year.
Export of Direction Finding Compass in Spain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 126 | 269 | 343 | 356 | 41.4% |
Bangladesh | N/A | 0.5 | N/A | 306 | 2373.9% |
Italy | 57.1 | 106 | 110 | 140 | 34.8% |
Norway | 20.5 | 80.6 | 107 | 80.8 | 58.0% |
Germany | 39.3 | 50.5 | 58.9 | 68.0 | 20.1% |
United Kingdom | 14.0 | 44.1 | 169 | 59.6 | 62.1% |
Portugal | 31.0 | 95.2 | 57.6 | 58.6 | 23.6% |
Poland | 13.8 | 58.6 | 94.9 | 58.6 | 61.9% |
Morocco | 14.2 | N/A | 4.0 | 49.9 | 52.0% |
Taiwan (Chinese) | 11.3 | N/A | 44.9 | 48.4 | 62.4% |
Belgium | 7.4 | 29.7 | 41.2 | 29.4 | 58.4% |
Netherlands | 6.2 | 25.7 | 29.9 | 28.5 | 66.3% |
Turkey | 5.0 | 2.0 | 18.2 | 20.7 | 60.6% |
Others | 468 | 338 | 1,053 | 485 | 1.2% |
Total | 814 | 1,099 | 2,132 | 1,790 | 30.0% |
Top Export Markets for Direction Finding Compass from Spain in 2022:
- France (104.9K units)
- Italy (33.7K units)
- Portugal (25.2K units)
- Germany (12.6K units)
- Poland (11.9K units)
- Norway (9.3K units)
- United Kingdom (8.1K units)
- Turkey (7.4K units)
- Taiwan (Chinese) (6.3K units)
- Bangladesh (6.3K units)
- Morocco (6.1K units)
- Netherlands (5.6K units)
- Belgium (5.0K units)
This report provides an in-depth analysis of the direction finding compass market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26511120 - Direction finding compasses (including magnetic, gyroscopic, b innacle and position finding)
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Imports of Direction Finding Compasses peaked at 74K units before experiencing a modest drop the following year. In terms of value, these imports sharply declined to $3.3M in 2023.
Explore the top import markets for GPS navigators around the world and discover key statistics and trends. Find out which countries lead the way in importing GPS navigation systems.
Imports of Direction Finding Compasses peaked at 74K units before experiencing a modest drop the following year. In terms of value, these imports sharply declined to $3.3M in 2023.
Explore the top import markets for GPS navigators around the world and discover key statistics and trends. Find out which countries lead the way in importing GPS navigation systems.