Russian Federation - Petrol And Oil Dispensing Pumps - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOil Dispensing Pump Price in Russia - 2022
Contents:
- Oil Dispensing Pump Price in Russia (CIF) - 2022
- Oil Dispensing Pump Price in Russia (FOB) - 2022
- Oil Dispensing Pump Imports in Russia
- Oil Dispensing Pump Exports in Russia
Oil Dispensing Pump Price in Russia (CIF) - 2022
The average oil dispensing pump import price stood at $169 per unit in 2022, reducing by -52.4% against the previous year. In general, the import price recorded a deep contraction. The growth pace was the most rapid in 2017 an increase of 30%. The import price peaked at $657 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($750 per unit), while the price for Belarus ($44 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+27.7%), while the prices for the other major suppliers experienced a decline.
Oil Dispensing Pump Price in Russia (FOB) - 2022
The average oil dispensing pump export price stood at $1,038 per unit in 2022, dropping by -29.6% against the previous year. Overall, the export price continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2013 when the average export price increased by 80%. Over the period under review, the average export prices attained the peak figure at $2,423 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($4,312 per unit), while the average price for exports to Belarus ($841 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 Belarus (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.
Oil Dispensing Pump Imports in Russia
In 2022, approx. 59K units of petrol and oil dispensing pumps were imported into Russia; with an increase of 8.7% compared with the year before. The total import volume increased at an average annual rate of +13.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, oil dispensing pump imports reduced sharply to $10M in 2022. In general, imports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 33%. As a result, imports reached the peak of $19M, and then fell rapidly in the following year.
| Import of Oil Dispensing Pump in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.4 | 3.2 | 2.8 | 3.6 | 14.5% |
| United States | 0.9 | 1.1 | 1.6 | 2.4 | 38.7% |
| Italy | 1.5 | 1.3 | 1.8 | 2.0 | 10.1% |
| Czech Republic | 0.7 | 0.5 | 0.8 | 0.2 | -34.1% |
| Belarus | 0.3 | 0.2 | 0.2 | N/A | -18.4% |
| Others | 10.7 | 8.3 | 12.1 | 1.8 | -44.8% |
| Total | 16.6 | 14.5 | 19.3 | 10.0 | -15.5% |
Top Suppliers of Oil Dispensing Pump to Russia in 2022:
- China (41.6K units)
- Italy (12.7K units)
- United States (3.2K units)
- Belarus (0.5K units)
- Czech Republic (0.4K units)
Oil Dispensing Pump Exports in Russia
In 2022, shipments abroad of petrol and oil dispensing pumps decreased by -18.3% to 2.7K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2020 with an increase of 3.4% against the previous year. The exports peaked at 3.3K units in 2021, and then shrank remarkably in the following year.
In value terms, oil dispensing pump exports shrank rapidly to $2.8M in 2022. In general, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. As a result, the exports reached the peak of $4.8M, and then dropped rapidly in the following year.
| Export of Oil Dispensing Pump in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 536 | 618 | 926 | 1,350 | 36.1% |
| Kazakhstan | 1,604 | 1,404 | 2,008 | 1,319 | -6.3% |
| Kyrgyzstan | 1,103 | 949 | 922 | 112 | -53.3% |
| Uzbekistan | 740 | 654 | 658 | N/A | -5.7% |
| Estonia | N/A | 203 | 213 | N/A | 4.9% |
| Others | 374 | 212 | 106 | N/A | -46.8% |
| Total | 4,358 | 4,041 | 4,833 | 2,781 | -13.9% |
Top Export Markets for Oil Dispensing Pump from Russia in 2022:
- Belarus (1605.0 units)
- Kazakhstan (1047.0 units)
- Kyrgyzstan (26.0 units)
This report provides an in-depth analysis of the oil dispensing pump market in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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