Report Update: Apr 1, 2024

Ethiopia - Petrol And Oil Dispensing Pumps - Market Analysis, Forecast, Size, Trends And Insights

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Oil Dispensing Pump Price in Ethiopia - 2022

Oil Dispensing Pump Price in Ethiopia (CIF) - 2022

In 2022, the average oil dispensing pump import price amounted to $1,101 per unit, rising by 6.8% against the previous year. Overall, the import price recorded a notable expansion. The most prominent rate of growth was recorded in 2014 an increase of 144%. As a result, import price reached the peak level of $2,500 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($8,589 per unit), while the price for the United States ($212 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Oil Dispensing Pump Price in Ethiopia (FOB) - 2022

In 2022, the average oil dispensing pump export price amounted to $2.7 per unit, approximately equating the previous year. Over the period under review, the export price faced a significant contraction. The pace of growth was the most pronounced in 2016 when the average export price increased by 37,262%. As a result, the export price attained the peak level of $2,802 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($5 per unit), while the average price for exports to Kenya ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (-6.7%), while the prices for the other major destinations experienced a decline.

Oil Dispensing Pump Imports in Ethiopia

In 2022, the amount of petrol and oil dispensing pumps imported into Ethiopia reduced markedly to 2.1K units, falling by -44% on the year before. Over the period under review, imports continue to indicate a noticeable downturn. The growth pace was the most rapid in 2021 with an increase of 113%. As a result, imports reached the peak of 3.7K units, and then dropped significantly in the following year.

In value terms, oil dispensing pump imports contracted markedly to $2.3M in 2022. Overall, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 105%. As a result, imports attained the peak of $3.8M, and then reduced sharply in the following year.

Import of Oil Dispensing Pump in Ethiopia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	419	326	1,855	1,271	44.8%
Turkey	324	160	37.6	261	-7.0%
India	133	330	815	218	17.9%
Japan	23.9	6.6	23.3	70.6	43.5%
United States	147	0.1	171	12.5	-56.0%
Others	855	1,045	923	454	-19.0%
Total	1,902	1,868	3,825	2,287	6.3%

Top Suppliers of Oil Dispensing Pump to Ethiopia in 2022:

Turkey (1011.0 units)
India (738.0 units)
China (148.0 units)
United States (59.0 units)
Japan (50.0 units)

Oil Dispensing Pump Exports in Ethiopia

In 2022, approx. 3 units of petrol and oil dispensing pumps were exported from Ethiopia; approximately equating 2021 figures. Overall, exports showed a abrupt setback. The smallest decline of 99.9% was in 2021. The exports peaked at 4 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, oil dispensing pump exports amounted to $8 in 2022. Over the period under review, exports showed a sharp descent. The smallest decline of -59.5% was in 2020. Over the period under review, the exports hit record highs at $37 in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Oil Dispensing Pump in Ethiopia (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Cote d'Ivoire	7.0	5.0	N/A	5.0	-10.6%
United Arab Emirates	22.0	8.0	N/A	2.0	-55.0%
Kenya	2.0	1.0	N/A	1.0	-20.6%
Sudan	N/A	1.0	N/A	N/A	0%
Angola	4.0	N/A	N/A	N/A	0%
Others	2.0	N/A	N/A	N/A	0%
Total	37.0	15.0	N/A	8.0	-40.0%

Top Export Markets for Oil Dispensing Pump from Ethiopia in 2022:

United Arab Emirates (1.0 units)
Cote d'Ivoire (1.0 units)
Kenya (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the oil dispensing pump market in Ethiopia. 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 28131105 - Petrol and oil dispensing pumps, unit

Country coverage:

Ethiopia

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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