Italy: Oil Dispensing Pump Market 2024

Oil Dispensing Pump Market Size in Italy

The Italian oil dispensing pump market soared to $X in 2022, jumping by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Oil Dispensing Pump Production in Italy

In value terms, oil dispensing pump production soared to $X in 2022 estimated in export price. In general, production, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Oil dispensing pump production peaked in 2022 and is likely to see gradual growth in the near future.

Oil Dispensing Pump Exports

Exports from Italy

In 2022, overseas shipments of petrol and oil dispensing pumps increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, oil dispensing pump exports totaled $X in 2022. In general, exports posted buoyant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X units), France (X units) and Poland (X units) were the main destinations of oil dispensing pump exports from Italy, with a combined X% share of total exports. Australia, Brazil, the United States, Spain, China, Croatia, the Czech Republic, the Netherlands, Austria and Turkey lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for oil dispensing pump exported from Italy were the United States ($X), Germany ($X) and France ($X), together accounting for X% of total exports. Australia, Poland, the Czech Republic, Spain, the Netherlands, China, Austria, Brazil, Turkey and Croatia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Croatia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average oil dispensing pump export price stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 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 the United States ($X per unit), while the average price for exports to Croatia ($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 a decline.

Oil Dispensing Pump Imports

Imports into Italy

In 2022, the amount of petrol and oil dispensing pumps imported into Italy plummeted to X units, declining by X% on the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, oil dispensing pump imports shrank markedly to $X in 2022. Overall, imports recorded a slight downturn. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The Netherlands (X units), Germany (X units) and Spain (X units) were the main suppliers of oil dispensing pump imports to Italy, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest oil dispensing pump suppliers to Italy were the Netherlands ($X), Germany ($X) and the Czech Republic ($X), with a combined X% share of total imports. China, Spain, India, France, the UK and Slovenia lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2022, the average oil dispensing pump import price amounted to $X per unit, jumping by X% against the previous year. In general, the import price, however, saw a mild contraction. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :