MENA: Marine Gps Navigator Market 2024

Marine Gps Navigator Market Size in MENA

In 2023, the MENA's marine GPS navigator market increased by X% to $X, rising for the second year in a row after two years of decline. The total consumption indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2021 indices. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2023, consumption remained at a lower figure.

Marine Gps Navigator Production in MENA

In value terms, marine GPS navigator production reduced to $X in 2023 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2023, production growth remained at a somewhat lower figure.

Marine Gps Navigator Exports

Exports in MENA

In 2023, marine gps navigator exports in MENA fell markedly to X units, declining by X% compared with 2022 figures. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

In value terms, marine GPS navigator exports reduced remarkably to $X in 2023. Over the period under review, exports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2023, the exports remained at a lower figure.

Exports by Country

Israel (X units) and Turkey (X units) prevails in exports structure, together achieving X% of total exports. Egypt (X units) and the United Arab Emirates (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Egypt (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X) emerged as the largest marine GPS navigator supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

In Israel, marine GPS navigator exports declined by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Turkey (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2023, the export price in MENA amounted to $X per unit, jumping by X% against the previous year. In general, the export price, however, recorded a pronounced decline. The pace of growth appeared the most rapid in 2014 when the export price increased by X%. The level of export peaked at $X per unit in 2016; however, from 2017 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Egypt ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced a decline in the export price figures.

Marine Gps Navigator Imports

Imports in MENA

In 2023, purchases abroad of marine or river navigation instruments and appliances was finally on the rise to reach X units after two years of decline. Over the period under review, imports enjoyed pronounced growth. The growth pace was the most rapid in 2017 with an increase of X%. As a result, imports reached the peak of X units. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, marine GPS navigator imports skyrocketed to $X in 2023. Overall, imports showed prominent growth. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in the near future.

Imports by Country

Turkey (X units) and the United Arab Emirates (X units) prevails in imports structure, together comprising X% of total imports. Oman (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Algeria (X%) and Iran (X%). Israel (X units) and Morocco (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Algeria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Israel ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Algeria, Morocco, Oman and Iran lagged somewhat behind, together comprising a further X%.

Algeria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per unit in 2023, picking up by X% against the previous year. In general, the import price posted a modest expansion. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per unit), while Iran ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform