Price for Navigational Instruments and Appliances; Parts and Accessories in the Netherlands - 2023

Contents:

  1. Price for Navigational Instruments and Appliances; Parts and Accessories in the Netherlands (FOB) - 2022
  2. Price for Navigational Instruments and Appliances; Parts and Accessories in the Netherlands (CIF) - 2023
  3. Exports of Navigational Instruments and Appliances; Parts and Accessories in the Netherlands
  4. Imports of Navigational Instruments and Appliances; Parts and Accessories in the Netherlands

Price for Navigational Instruments and Appliances; Parts and Accessories in the Netherlands (FOB) - 2022

In 2022, the average export price for navigational instruments and appliances; parts and accessorieses amounted to $289,477 per ton, dropping by -5% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for navigational instruments and appliances; parts and accessorieses decreased by -10.7% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 23% against the previous year. The export price peaked at $324,058 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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 the UK ($394,419 per ton), while the average price for exports to Spain ($178,511 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Navigational Instruments and Appliances; Parts and Accessories in the Netherlands (CIF) - 2023

The average import price for navigational instruments and appliances; parts and accessorieses stood at $455K per ton in December 2023, growing by 37% against the previous month. Overall, import price indicated tangible growth from December 2022 to December 2023: its price increased at an average monthly rate of +2.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for navigational instruments and appliances; parts and accessorieses increased by +40.1% against October 2023 indices. The growth pace was the most rapid in February 2023 when the average import price increased by 52% month-to-month. The import price peaked at $578K per ton in September 2023; however, from October 2023 to December 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($967K per ton), while the price for Mexico ($105K per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Hungary (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Navigational Instruments and Appliances; Parts and Accessories in the Netherlands

Exports of navigational instruments and appliances; parts and accessorieses from the Netherlands surged to 392 tons in 2022, rising by 35% compared with the previous year's figure. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of navigational instruments and appliances; parts and accessorieses soared to $113M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.3% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Navigational Instruments and Appliances; Parts and Accessories in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.512.39.510.98.6%
United Kingdom7.36.05.310.111.4%
Morocco3.91.71.28.429.1%
Malaysia3.42.01.77.932.4%
France5.04.67.37.313.4%
Spain2.73.35.56.332.6%
Germany6.55.57.66.1-2.1%
Italy2.53.95.85.530.1%
South Africa0.70.91.02.552.9%
China4.73.02.62.5-19.0%
Denmark1.31.22.62.422.7%
Greece1.31.52.12.320.9%
Poland2.21.92.42.1-1.5%
Others33.030.533.739.36.0%
Total82.878.188.311310.9%

Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from the Netherlands in 2022:

  1. Morocco (38.2 tons)
  2. Spain (35.4 tons)
  3. United States (30.5 tons)
  4. France (29.6 tons)
  5. United Kingdom (25.6 tons)
  6. Germany (24.9 tons)
  7. Italy (22.8 tons)
  8. Malaysia (22.5 tons)
  9. Poland (11.5 tons)
  10. Denmark (11.2 tons)
  11. China (10.5 tons)
  12. Greece (8.8 tons)
  13. South Africa (8.7 tons)

Imports of Navigational Instruments and Appliances; Parts and Accessories in the Netherlands

In 2022, imports of navigational instruments and appliances; parts and accessorieses into the Netherlands soared to 428 tons, picking up by 21% against the previous year. The total import volume increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of navigational instruments and appliances; parts and accessorieses rose markedly to $111M in 2022. The total import value increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Navigational Instruments and Appliances; Parts and Accessories in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States24.044.248.668.341.7%
Germany13.411.510.28.7-13.4%
Japan3.25.34.76.727.9%
Italy4.77.410.24.70.0%
HungaryN/A2.24.74.746.2%
MexicoN/A2.13.13.732.7%
Norway1.62.21.71.72.0%
Taiwan (Chinese)0.1N/A1.41.6152.0%
United Kingdom2.82.91.51.6-17.0%
China1.91.22.01.4-9.7%
Denmark2.01.01.01.2-15.7%
France1.04.61.10.8-7.2%
Australia12.5N/AN/A0.1-80.0%
Others13.75.27.45.4-26.7%
Total81.089.997.511111.1%

Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to the Netherlands in 2022:

  1. United States (161.3 tons)
  2. Hungary (56.4 tons)
  3. Japan (46.6 tons)
  4. Germany (39.9 tons)
  5. Mexico (37.6 tons)
  6. Italy (20.8 tons)
  7. China (13.1 tons)
  8. Taiwan (Chinese) (7.1 tons)
  9. Norway (6.9 tons)
  10. Denmark (5.7 tons)
  11. United Kingdom (3.2 tons)
  12. France (2.3 tons)
  13. Australia (0.4 tons)

Source: IndexBox Market Intelligence Platform

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