New Zealand: Gps Navigator Market 2024

Gps Navigator Market Size in New Zealand

The New Zealand GPS navigator market skyrocketed to $X in 2023, increasing by X% against the previous year. Over the period under review, consumption, however, showed a noticeable downturn. Consumption peaked at $X in 2012; however, from 2013 to 2023, consumption failed to regain momentum.

Gps Navigator Production in New Zealand

In value terms, GPS navigator production expanded remarkably to $X in 2023 estimated in export price. In general, production, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

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Gps Navigator Exports

Exports from New Zealand

In 2023, shipments abroad of aeronautical or space navigation instruments and appliances decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. In general, exports showed a deep setback. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, GPS navigator exports reduced notably to $X in 2023. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

The UK (X units) was the main destination for GPS navigator exports from New Zealand, accounting for a X% share of total exports. Moreover, GPS navigator exports to the UK exceeded the volume sent to the second major destination, the United States (X units), threefold. The third position in this ranking was held by Singapore (X units), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Singapore (X% per year).

In value terms, the United States ($X), the UK ($X) and Singapore ($X) were the largest markets for GPS navigator exported from New Zealand worldwide, together accounting for X% of total exports.

Among the main countries of destination, the UK, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average GPS navigator export price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price, however, continues to indicate prominent growth. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Cook Islands ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Gps Navigator Imports

Imports into New Zealand

In 2023, gps navigator imports into New Zealand rose rapidly to X units, growing by X% against 2022. Over the period under review, imports saw a resilient increase. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2023, imports failed to regain momentum.

In value terms, GPS navigator imports reached $X in 2023. In general, imports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, the United States (X units) constituted the largest GPS navigator supplier to New Zealand, accounting for a X% share of total imports. Moreover, GPS navigator imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X units), fivefold. France (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and France (X% per year).

In value terms, the United States ($X) constituted the largest supplier of aeronautical or space navigation instruments and appliances to New Zealand, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and France (X% per year).

Import Prices by Country

The average GPS navigator import price stood at $X per unit in 2023, shrinking by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The import price peaked at $X per unit in 2022, and then fell modestly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were Australia ($X per unit) and Sweden ($X per unit), while the price for Italy ($X per unit) and Canada ($X per unit) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform