Spain - Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Fuel or Lubricating Pump in Spain - 2023
Contents:
- Price for Fuel or Lubricating Pump in Spain (CIF) - 2023
- Price for Fuel or Lubricating Pump in Spain (FOB) - 2023
- Imports of Fuel or Lubricating Pump in Spain
- Exports of Fuel or Lubricating Pump in Spain
Price for Fuel or Lubricating Pump in Spain (CIF) - 2023
In June 2023, the average fuel or lubricating pump import price amounted to $10.7 per unit, falling by -5.9% against the previous month. Over the period under review, the import price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 15% month-to-month. The import price peaked at $13.6 per unit in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Switzerland ($24.0 per unit), while the price for China ($4.5 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fuel or Lubricating Pump in Spain (FOB) - 2023
The average fuel or lubricating pump export price stood at $7.7 per unit in June 2023, with a decrease of -12.2% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 24% against the previous month. Over the period under review, the average export prices reached the maximum at $8.8 per unit in May 2023, and then shrank in the following month.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Portugal ($16.3 per unit), while the average price for exports to Kazakhstan ($6.1 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fuel or Lubricating Pump in Spain
In 2022, after three years of growth, there was decline in supplies from abroad of fuel, lubricating or cooling-medium pumps for internal combustion engines, when their volume decreased by -1.6% to 16M units. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 147% against the previous year. Over the period under review, imports hit record highs at 17M units in 2021, and then fell in the following year.
In value terms, fuel or lubricating pump imports totaled $197M in 2022. In general, imports showed a perceptible decline. The growth pace was the most rapid in 2021 with an increase of 6.3%. Over the period under review, imports attained the maximum at $217M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Fuel or Lubricating Pump in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 56.1 | 53.6 | 57.9 | 68.4 | 6.8% |
| Czech Republic | 51.6 | 25.6 | 29.2 | 30.8 | -15.8% |
| France | 32.7 | 26.1 | 13.5 | 14.4 | -23.9% |
| Romania | 12.7 | 12.3 | 9.9 | 11.1 | -4.4% |
| China | 6.4 | 6.3 | 10.4 | 10.7 | 18.7% |
| Slovakia | 9.8 | 5.3 | 7.7 | 9.3 | -1.7% |
| Poland | 8.5 | 11.8 | 15.4 | 7.4 | -4.5% |
| Italy | 5.5 | 4.1 | 4.9 | 6.4 | 5.2% |
| Mexico | 6.6 | 3.0 | 3.7 | 4.2 | -14.0% |
| Others | 26.8 | 26.8 | 33.2 | 34.7 | 9.0% |
| Total | 217 | 175 | 186 | 197 | -3.2% |
Top Suppliers of Fuel or Lubricating Pump to Spain in 2022:
- Germany (4.8M units)
- China (2.4M units)
- Czech Republic (2.0M units)
- Italy (1.3M units)
- France (1.2M units)
- Slovakia (0.9M units)
- Romania (0.8M units)
- Mexico (0.7M units)
- Poland (0.4M units)
Exports of Fuel or Lubricating Pump in Spain
After three years of growth, shipments abroad of fuel, lubricating or cooling-medium pumps for internal combustion engines decreased by -13.2% to 21M units in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 192% against the previous year. Over the period under review, the exports hit record highs at 24M units in 2021, and then reduced in the following year.
In value terms, fuel or lubricating pump exports shrank to $137M in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 23%. As a result, the exports attained the peak of $148M, and then fell in the following year.
| Export of Fuel or Lubricating Pump in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 17.2 | 23.8 | 35.5 | 37.9 | 30.1% |
| France | 35.0 | 39.3 | 43.9 | 29.1 | -6.0% |
| Poland | 8.6 | 10.9 | 11.3 | 10.2 | 5.9% |
| Morocco | 5.8 | 4.8 | 1.9 | 8.2 | 12.2% |
| Portugal | 6.9 | 6.3 | 6.8 | 7.0 | 0.5% |
| United Kingdom | 1.9 | 2.0 | 4.8 | 5.1 | 39.0% |
| Russia | 2.1 | 1.9 | 7.5 | 4.4 | 28.0% |
| Italy | 3.7 | 2.9 | 4.2 | 3.8 | 0.9% |
| Kazakhstan | 0.3 | 0.2 | 0.4 | 3.2 | 120.1% |
| Turkey | 1.1 | 1.0 | 1.6 | 3.1 | 41.3% |
| Bulgaria | 1.2 | 1.0 | 1.3 | 1.1 | -2.9% |
| Others | 32.4 | 26.3 | 29.3 | 23.9 | -9.6% |
| Total | 116 | 120 | 148 | 137 | 5.7% |
Top Export Markets for Fuel or Lubricating Pump from Spain in 2022:
- Germany (6.2M units)
- France (4.9M units)
- Poland (1.6M units)
- Morocco (0.8M units)
- Italy (0.7M units)
- United Kingdom (0.7M units)
- Russia (0.7M units)
- Turkey (0.6M units)
- Portugal (0.6M units)
- Kazakhstan (0.5M units)
- Bulgaria (0.4M units)
This report provides an in-depth analysis of the market for fuel or lubricating pump in Spain. 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 28131165 - Fuel, lubricating or cooling-medium pumps for internal combustion engines
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
-
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
-
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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