Vietnam - Petrol And Oil Dispensing Pumps - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOil Dispensing Pump Price in Vietnam - 2022
Contents:
- Oil Dispensing Pump Price in Vietnam (CIF) - 2022
- Oil Dispensing Pump Price in Vietnam (FOB) - 2022
- Oil Dispensing Pump Imports in Vietnam
- Oil Dispensing Pump Exports in Vietnam
Oil Dispensing Pump Price in Vietnam (CIF) - 2022
The average oil dispensing pump import price stood at $1,751 per unit in 2022, with a decrease of -4.8% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 13%. As a result, import price attained the peak level of $1,944 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($1,797 per unit) and the United States ($1,763 per unit), while the price for India ($1,747 per unit) and Japan ($1,752 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Oil Dispensing Pump Price in Vietnam (FOB) - 2022
The average oil dispensing pump export price stood at $2,338 per unit in 2022, which is down by -12.1% against the previous year. In general, the export price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 79% against the previous year. As a result, the export price attained the peak level of $3,259 per unit. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cambodia ($2,500 per unit), while the average price for exports to Lao People's Democratic Republic ($1,285 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 Cambodia (-2.9%), while the prices for the other major destinations experienced a decline.
Oil Dispensing Pump Imports in Vietnam
For the third consecutive year, Vietnam recorded decline in supplies from abroad of petrol and oil dispensing pumps, which decreased by -8.4% to 2.3K units in 2022. Over the period under review, imports faced a sharp shrinkage. Over the period under review, imports attained the maximum at 4.9K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, oil dispensing pump imports dropped to $4M in 2022. Overall, imports saw a dramatic downturn. Imports peaked at $8.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Oil Dispensing Pump in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 5,326 | 4,240 | 3,674 | 3,162 | -16.0% |
China | 1,074 | 556 | 312 | 568 | -19.1% |
Italy | 188 | 174 | 155 | 109 | -16.6% |
India | 8.2 | 13.5 | 10.8 | 94.3 | 125.7% |
United States | 384 | 145 | 64.7 | 47.6 | -50.1% |
South Korea | 489 | 1,764 | 54.7 | 10.8 | -71.9% |
Russia | 1,257 | N/A | 304 | N/A | -50.8% |
Others | 171 | 389 | 66.8 | 55.4 | -31.3% |
Total | 8,897 | 7,282 | 4,642 | 4,046 | -23.1% |
Top Suppliers of Oil Dispensing Pump to Vietnam in 2022:
- Japan (1805.0 units)
- China (324.0 units)
- Italy (62.0 units)
- India (54.0 units)
- United States (27.0 units)
- South Korea (6.0 units)
Oil Dispensing Pump Exports in Vietnam
After two years of decline, overseas shipments of petrol and oil dispensing pumps increased by 8.9% to 49 units in 2022. Over the period under review, exports, however, showed a sharp downturn. The exports peaked at 125 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, oil dispensing pump exports declined slightly to $115K in 2022. Overall, exports, however, saw a drastic downturn. The exports peaked at $204K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Oil Dispensing Pump in Vietnam (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 186 | 143 | 82.2 | 103 | -17.9% |
Cambodia | 3.4 | N/A | N/A | 10.0 | 43.3% |
Lao People's Democratic Republic | 15.2 | 21.3 | 37.5 | 1.3 | -55.9% |
Others | N/A | 1.2 | N/A | N/A | 0% |
Total | 204 | 166 | 120 | 115 | -17.4% |
Top Export Markets for Oil Dispensing Pump from Vietnam in 2022:
- Japan (44.0 units)
- Cambodia (4.0 units)
- Lao People's Democratic Republic (1.0 units)
This report provides an in-depth analysis of the oil dispensing pump market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28131105 - Petrol and oil dispensing pumps, unit
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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