Overview of the Global Market for Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines

Market Size for Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines

The global fuel or lubricating pump market contracted to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the global market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

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

In value terms, fuel or lubricating pump production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Global production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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

Exports

In 2022, overseas shipments of fuel, lubricating or cooling-medium pumps for internal combustion engines increased by X% to X units, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the global exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, fuel or lubricating pump exports dropped to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X%. The global exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, China (X units), distantly followed by Germany (X units), Mexico (X units), Italy (X units), the Czech Republic (X units) and Romania (X units) represented the main exporters of fuel, lubricating or cooling-medium pumps for internal combustion engines, together generating X% of total exports. France (X units), the United States (X units), India (X units), Thailand (X units), Spain (X units), Turkey (X units) and Poland (X units) followed a long way behind the leaders.

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

In value terms, Germany ($X), China ($X) and the United States ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of global exports. The Czech Republic, Mexico, Italy, France, Romania, Thailand, Turkey, India, Poland and Spain lagged somewhat behind, together accounting for a further X%.

Turkey, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average fuel or lubricating pump export price amounted to $X per unit, shrinking by X% against the previous year. In general, the export price continues to indicate a slight contraction. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

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

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

Imports

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 consecutive year after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, global imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, fuel or lubricating pump imports declined slightly to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Global imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units), distantly followed by Germany (X units) and Mexico (X units) were the main importers of fuel, lubricating or cooling-medium pumps for internal combustion engines, together comprising X% of total imports. The following importers - China (X units), Slovakia (X units), the UK (X units), France (X units), Thailand (X units), India (X units), Brazil (X units), Poland (X units), the Czech Republic (X units) and Hungary (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to fuel or lubricating pump imports into the United States stood at X%. At the same time, Slovakia (X%), India (X%), Poland (X%), China (X%), Thailand (X%), the UK (X%), Mexico (X%), Brazil (X%), Hungary (X%) and France (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Germany and the Czech Republic experienced a relatively flat trend pattern. From 2012 to 2022, the share of Slovakia and India increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported fuel, lubricating or cooling-medium pumps for internal combustion engines worldwide, comprising X% of global imports. The second position in the ranking was held by Germany ($X), with a X% share of global imports. It was followed by China, with a X% share.

In the United States, fuel or lubricating pump imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

Import Prices by Country

The average fuel or lubricating pump import price stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the import price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Global import price peaked 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 China ($X per unit), while Slovakia ($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 Czech Republic (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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