JERSEY CITY, N.J.- The number of cargo thefts in the U.S. fell last year compared to 2013, but the average value of the thefts rose, according to industry analysts.

Cargo theft prevention and recovery service provider CargoNet said there were 844 cargo theft incidents last year, down sharply from 1,098 in 2013, but the average value per incident increased to $181,681.

For all of 2014, $89.5 million in stolen cargo in the U.S. was reported to CargoNet.  Electronics losses were the costliest, with the average heist value of $549,539, and totaling over $42 million for the year.

Cargo was most often stolen from warehouse locations, due in part to a significant amount of fraudulent pickups in the trucking industry, according to CargoNet. Truck stops were the second most common location, with 130 recorded. In 2014, Georgia recorded the most cargo thefts from truck stops with 26.

And while another logistics security services provider FreightWatch International reported lower instances of cargo theft last year with 794, a 12-percent drop from 2013, they agree that theft of electronics increased the average value of heists by 36 percent year-over year, to $232,924.

Florida, although dropping in total incident count, experienced an eight-percent uptick in its percentage of nationwide thefts, bringing it from third in 2013 into the top spot for 2014 with 21 percent of the total, FreightWatch claims.

Second in line was California, followed by Texas, Georgia and New Jersey.

CargoNet expects to see more than 200 cargo thefts in first-quarter 2015 alone. So far, more than 120 incidents have been recorded and 9.5 percent have been high-value thefts in excess of $500,000.