Thailand - Petrol And Oil Dispensing Pumps - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOil Dispensing Pump Price in Thailand - 2023
Contents:
- Oil Dispensing Pump Price in Thailand (CIF) - 2022
- Oil Dispensing Pump Price in Thailand (FOB) - 2022
- Oil Dispensing Pump Imports in Thailand
- Oil Dispensing Pump Exports in Thailand
Oil Dispensing Pump Price in Thailand (CIF) - 2022
In 2022, the average oil dispensing pump import price amounted to $1,087 per unit, with a decrease of -22.3% against the previous year. Overall, the import price continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2019 an increase of 24%. Over the period under review, average import prices attained the peak figure at $1,944 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($4,534 per unit), while the price for China ($633 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Oil Dispensing Pump Price in Thailand (FOB) - 2022
In 2022, the average oil dispensing pump export price amounted to $223 per unit, dropping by -50.9% against the previous year. Over the period under review, the export price recorded a sharp descent. The pace of growth appeared the most rapid in 2016 an increase of 17%. Over the period under review, the average export prices attained the peak figure at $3,200 per unit in 2013; however, from 2014 to 2022, 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 Lao People's Democratic Republic ($1,917 per unit), while the average price for exports to Tonga ($1.1 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 Libya (-2.9%), while the prices for the other major destinations experienced a decline.
Oil Dispensing Pump Imports in Thailand
Oil dispensing pump imports into Thailand soared to 6.6K units in 2022, with an increase of 20% against the previous year's figure. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, oil dispensing pump imports dropped to $7.1M in 2022. Over the period under review, imports, however, continue to indicate a deep contraction. The smallest decline of -5.4% was in 2021. Over the period under review, imports attained the maximum at $9.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Oil Dispensing Pump in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.7 | 4.4 | 3.6 | 3.2 | -12.0% |
| Japan | 1.3 | 1.8 | 2.3 | 1.9 | 13.5% |
| Turkey | 0.2 | 0.2 | 0.7 | 1.2 | 81.7% |
| Germany | N/A | N/A | 0.3 | 0.4 | 33.3% |
| United States | 1.2 | 0.8 | 0.2 | 0.3 | -37.0% |
| Italy | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| India | 0.2 | 0.2 | 0.2 | N/A | 0.0% |
| Brazil | 2.0 | 0.1 | N/A | N/A | -95.0% |
| Others | 0.3 | 0.5 | 0.2 | 0.1 | -30.7% |
| Total | 9.8 | 8.1 | 7.6 | 7.1 | -10.2% |
Top Suppliers of Oil Dispensing Pump to Thailand in 2022:
- China (5005.0 units)
- Turkey (453.0 units)
- Japan (428.0 units)
- United States (300.0 units)
- Germany (183.0 units)
- Italy (106.0 units)
- India (14.0 units)
Oil Dispensing Pump Exports in Thailand
For the fourth consecutive year, Thailand recorded growth in overseas shipments of petrol and oil dispensing pumps, which increased by 79% to 13K units in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 91%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, oil dispensing pump exports contracted to $2.9M in 2022. In general, exports, however, saw a deep reduction. The smallest decline of -0.9% was in 2021. The exports peaked at $4.3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Oil Dispensing Pump in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 1,074 | 1,210 | 1,058 | 1,416 | 9.7% |
| Papua New Guinea | 1.7 | 10.8 | 11.9 | 12.8 | 96.0% |
| Kiribati | N/A | N/A | N/A | 7.1 | 0% |
| Burkina Faso | N/A | N/A | N/A | 5.8 | 0% |
| Tonga | N/A | N/A | N/A | 1.5 | 0% |
| Others | 3,209 | 2,075 | 2,195 | 1,419 | -23.8% |
| Total | 4,285 | 3,296 | 3,265 | 2,862 | -12.6% |
Top Export Markets for Oil Dispensing Pump from Thailand in 2022:
- Myanmar (8.0K units)
- Kiribati (2.1K units)
- Tonga (1.3K units)
- Papua New Guinea (0.3K units)
- Burkina Faso (0.3K units)
This report provides an in-depth analysis of the oil dispensing pump market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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
-
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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