South-Eastern Asia: Oil Dispensing Pump Market 2024

Oil Dispensing Pump Market Size in South-Eastern Asia

The Southeast Asian oil dispensing pump market reached $X in 2022, rising by X% against the previous year. Over the period under review, consumption, however, continues to indicate a noticeable slump. 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 South-Eastern Asia

In value terms, oil dispensing pump production expanded markedly to $X in 2022 estimated in export price. In general, production, however, saw a pronounced reduction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Oil Dispensing Pump Exports

Exports in South-Eastern Asia

Oil dispensing pump exports surged to X units in 2022, increasing by X% on the previous year. In general, exports enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, oil dispensing pump exports dropped to $X in 2022. Overall, exports, however, faced a abrupt decline. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore dominates exports structure, amounting to X units, which was approx. X% of total exports in 2022. It was distantly followed by Thailand (X units), mixing up a X% share of total exports.

Exports from Singapore increased at an average annual rate of X% from 2012 to 2022. At the same time, Thailand (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Thailand (X p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest oil dispensing pump supplying countries in South-Eastern Asia were Singapore ($X) and Thailand ($X).

Among the main exporting countries, Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, declining by X% against the previous year. In general, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while Singapore amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%).

Oil Dispensing Pump Imports

Imports in South-Eastern Asia

In 2022, after two years of growth, there was significant decline in overseas purchases of petrol and oil dispensing pumps, when their volume decreased by X% to X units. Over the period under review, imports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, oil dispensing pump imports declined sharply to $X in 2022. In general, imports showed a pronounced setback. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Malaysia (X units) and Singapore (X units) represented roughly X% of total imports in 2022. It was distantly followed by the Philippines (X units), Indonesia (X units), Myanmar (X units) and Thailand (X units), together constituting a X% share of total imports. Vietnam (X units) took a little share of total imports.

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

In value terms, the largest oil dispensing pump importing markets in South-Eastern Asia were Malaysia ($X), Indonesia ($X) and Thailand ($X), with a combined X% share of total imports.

Among the main importing countries, Indonesia, 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 more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, increasing by X% against the previous year. Import price indicated a temperate increase 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, oil dispensing pump import price decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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