Japan: Oil Dispensing Pump Market 2024

Oil Dispensing Pump Market Size in Japan

The Japanese oil dispensing pump market rose significantly to $X.1B in 2022, with an increase of X% against the previous year. Overall, consumption, however, saw a perceptible decline. Over the period under review, the market reached the maximum level at $X.5B in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Oil Dispensing Pump Production in Japan

In value terms, oil dispensing pump production expanded markedly to $X.2B in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced shrinkage. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. Oil dispensing pump production peaked at $X.4B in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Oil Dispensing Pump Exports

Exports from Japan

In 2022, exports of petrol and oil dispensing pumps from Japan fell sharply to X units, waning by X% against the previous year's figure. Over the period under review, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, oil dispensing pump exports dropped remarkably to $X in 2022. Overall, exports recorded a deep reduction. The pace of growth was the most pronounced in 2016 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia (X units), the Philippines (X units) and Vietnam (X units) were the main destinations of oil dispensing pump exports from Japan, with a combined X% share of total exports. Malaysia, Pakistan, Thailand, Taiwan (Chinese) and Azerbaijan lagged somewhat behind, together comprising a further X%.

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

In value terms, Indonesia ($X), the Philippines ($X) and Vietnam ($X) appeared to be the largest markets for oil dispensing pump exported from Japan worldwide, with a combined X% share of total exports. Malaysia, Pakistan, Thailand, Taiwan (Chinese) and Azerbaijan lagged somewhat behind, together accounting for a further X%.

Azerbaijan, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination 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, remaining stable against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Taiwan (Chinese) ($X per unit) and Malaysia ($X per unit), while the average price for exports to Azerbaijan ($X per unit) and Vietnam ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (X%), while the prices for the other major destinations experienced a decline.

Oil Dispensing Pump Imports

Imports into Japan

Oil dispensing pump imports into Japan dropped sharply to X units in 2022, with a decrease of X% on 2021 figures. In general, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then contracted notably in the following year.

In value terms, oil dispensing pump imports reduced dramatically to $X in 2022. Overall, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then contracted rapidly in the following year.

Imports by Country

The United States (X units), Taiwan (Chinese) (X units) and Italy (X units) were the main suppliers of oil dispensing pump imports to Japan, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (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 Japan were the United States ($X), Taiwan (Chinese) ($X) and Italy ($X), with a combined X% share of total imports.

In terms of the main suppliers, Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average oil dispensing pump import price stood at $X per unit in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per unit) and Italy ($X per unit), while the price for the Czech Republic ($X per unit) and Germany ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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