Austria: Oil Dispensing Pump Market 2024

Oil Dispensing Pump Market Size in Austria

The Austrian oil dispensing pump market surged to $X in 2022, increasing by X% against the previous year. In general, consumption, however, saw a mild decrease. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Oil Dispensing Pump Production in Austria

In value terms, oil dispensing pump production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Oil Dispensing Pump Exports

Exports from Austria

After three years of growth, overseas shipments of petrol and oil dispensing pumps decreased by X% to X units in 2022. Overall, exports, however, continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at X units in 2021, and then dropped markedly in the following year.

In value terms, oil dispensing pump exports soared to $X in 2022. Over the period under review, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

The United States (X units) was the main destination for oil dispensing pump exports from Austria, with a X% share of total exports. Moreover, oil dispensing pump exports to the United States exceeded the volume sent to the second major destination, Switzerland (X units), ninefold. The third position in this ranking was taken by Kazakhstan (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Kazakhstan (X% per year).

In value terms, the United States ($X) remains the key foreign market for petrol and oil dispensing pumps exports from Austria, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Romania (X% per year).

Export Prices by Country

The average oil dispensing pump export price stood at $X per unit in 2022, jumping by X% against the previous year. Overall, the export price continues to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to Kazakhstan ($X 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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Oil Dispensing Pump Imports

Imports into Austria

In 2022, the amount of petrol and oil dispensing pumps imported into Austria expanded significantly to X units, with an increase of X% against the previous year. Over the period under review, total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, oil dispensing pump imports declined to $X in 2022. Overall, imports, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of oil dispensing pump to Austria, accounting for a X% share of total imports. Moreover, oil dispensing pump imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The third position in this ranking was taken by China (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and China (X% per year).

In value terms, the Netherlands ($X), Germany ($X) and Italy ($X) constituted the largest oil dispensing pump suppliers to Austria, together comprising X% of total imports. The Czech Republic, Poland, China and the UK lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average oil dispensing pump import price stood at $X per unit in 2022, waning by X% against the previous year. Overall, the import price showed a abrupt descent. The pace of growth appeared the most rapid in 2015 when the average import price decreased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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