Report Cuba - Aeronautical or Space Navigation Instruments and Appliances - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Cuba - Aeronautical or Space Navigation Instruments and Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Gps Navigator Market 2024

Gps Navigator Market Size in Cuba

After two years of growth, the Cuban GPS navigator market decreased by -18.1% to $X in 2021. In general, consumption recorded a abrupt downturn. Consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Gps Navigator Exports

Exports from Cuba

In 2021, shipments abroad of aeronautical or space navigation instruments and appliances decreased by 0% to X units, falling for the second consecutive year after two years of decline. In general, exports faced a dramatic contraction. The smallest decline of -50% was in 2020. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, GPS navigator exports reduced modestly to $X in 2021. Over the period under review, exports showed a pronounced curtailment. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for GPS navigator exports from Cuba, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at -29.3%.

In value terms, Russia ($X) also remains the key foreign market for aeronautical or space navigation instruments and appliances exports from Cuba.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to +59.1%.

Export Prices by Country

In 2021, the average GPS navigator export price amounted to $X per unit, reducing by -2.7% against the previous year. Over the period under review, the export price, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 95%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020, and then declined modestly in the following year.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to +32.1% per year.

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Gps Navigator Imports

Imports into Cuba

After two years of growth, overseas purchases of aeronautical or space navigation instruments and appliances decreased by -17% to X units in 2021. In general, imports showed a deep setback. The pace of growth was the most pronounced in 2019 with an increase of 238% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, GPS navigator imports declined dramatically to $X in 2021. Overall, imports recorded a abrupt slump. The growth pace was the most rapid in 2019 with an increase of 182%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Russia (X units) constituted the largest supplier of GPS navigator to Cuba, with a 63% share of total imports. Moreover, GPS navigator imports from Russia exceeded the figures recorded by the second-largest supplier, Canada (X units), fourfold. The third position in this ranking was taken by Ukraine (X units), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia totaled +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-16.9% per year) and Ukraine (-18.1% per year).

In value terms, the largest GPS navigator suppliers to Cuba were Russia ($X), Canada ($X) and France ($X), with a combined 87% share of total imports. Spain and Ukraine lagged somewhat behind, together accounting for a further 13%.

Spain, with a CAGR of +33.8%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average GPS navigator import price stood at $X per unit in 2021, falling by -6.9% against the previous year. Over the period under review, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2014 an increase of 61% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per unit), while the price for Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of GPS navigator consumption was China, comprising approx. 22% of total volume. Moreover, GPS navigator consumption in China exceeded the figures recorded by the second-largest consumer, the UK, twofold. The third position in this ranking was held by the United States, with a 10% share.
The countries with the highest volumes of production in 2021 were China, the UK and the United States, with a combined 44% share of global production.
In value terms, Russia, Canada and France appeared to be the largest GPS navigator suppliers to Cuba, with a combined 87% share of total imports. These countries were followed by Spain and Ukraine, which together accounted for a further 13%.
In value terms, Russia remains the key foreign market for aeronautical or space navigation instruments and appliances exports from Cuba.
In 2021, the average GPS navigator export price amounted to $33,950 per unit, dropping by -2.7% against the previous year.
In 2021, the average GPS navigator import price amounted to $2,892 per unit, waning by -6.9% against the previous year.

This report provides an in-depth analysis of the gps navigator market in Cuba. 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 26511150 - Instruments and appliances for aeronautical or space navigation (excluding compasses)

Country coverage:

  • Cuba

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Cuba
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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