South-Eastern Asia: Market for Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines 2024

Market Size for Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines in South-Eastern Asia

The Southeast Asian fuel or lubricating pump market dropped to $X in 2022, which is down by X% against the previous year. The total consumption indicated a temperate increase from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines in South-Eastern Asia

In value terms, fuel or lubricating pump production fell modestly to $X in 2022 estimated in export price. The total production indicated a tangible expansion from 2012 to 2022: its value 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, production increased by X% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Exports of Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines

Exports in South-Eastern Asia

In 2022, shipments abroad of fuel, lubricating or cooling-medium pumps for internal combustion engines decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Total exports indicated a modest 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, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, fuel or lubricating pump exports declined slightly to $X in 2022. Total exports indicated a prominent expansion from 2012 to 2022: its value 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then declined in the following year.

Exports by Country

Thailand dominates exports structure, amounting to X units, which was near X% of total exports in 2022. It was distantly followed by Vietnam (X units), generating a X% share of total exports. The following exporters - Singapore (X units) and Indonesia (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to fuel or lubricating pump exports from Thailand stood at X%. At the same time, Vietnam (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Singapore experienced a relatively flat trend pattern. By contrast, Indonesia (X%) illustrated a downward trend over the same period. While the share of Vietnam (X p.p.) and Thailand (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Indonesia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest fuel or lubricating pump supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by Singapore, with a X% share.

In Thailand, fuel or lubricating pump exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, with a decrease of X% against the previous year. Export price indicated noticeable growth from 2012 to 2022: its price 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, fuel or lubricating pump export price decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines

Imports in South-Eastern Asia

In 2022, purchases abroad of fuel, lubricating or cooling-medium pumps for internal combustion engines increased by X% to X units, rising for the second year in a row after two years of decline. Total imports indicated a noticeable 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 growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, fuel or lubricating pump imports contracted to $X in 2022. In general, imports, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Thailand represented the largest importer of fuel, lubricating or cooling-medium pumps for internal combustion engines in South-Eastern Asia, with the volume of imports recording X units, which was near X% of total imports in 2022. Malaysia (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Singapore (X%) and Indonesia (X%). Vietnam (X units) took a relatively small share of total imports.

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

In value terms, Thailand ($X), Indonesia ($X) and Malaysia ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Malaysia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, waning by X% against the previous year. Overall, the import price showed a abrupt decline. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, import prices hit record highs at $X 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 importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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