Report Update: May 1, 2024

Pakistan - Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends And Insights

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Price for Fuel or Lubricating Pump in Pakistan - 2023

Price for Fuel or Lubricating Pump in Pakistan (CIF) - 2023

In February 2023, the average fuel or lubricating pump import price amounted to $27.6 per unit, which is down by -19.5% against the previous month. Over the period under review, the import price recorded a noticeable contraction. The pace of growth was the most pronounced in January 2023 when the average import price increased by 32% month-to-month. The import price peaked at $36.8 per unit in February 2022; however, from March 2022 to February 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Japan ($32.9 per unit), while the price for Turkey ($14.7 per unit) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Thailand (+2.1%), while the prices for the other major suppliers experienced a decline.

Price for Fuel or Lubricating Pump in Pakistan (FOB) - 2022

In 2022, the average fuel or lubricating pump export price amounted to $1.2 per unit, which is down by -42.2% against the previous year. In general, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the average export price increased by 114%. Over the period under review, the average export prices hit record highs at $9.3 per unit in 2018; however, from 2019 to 2022, the 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 Turkey ($5.3 per unit), while the average price for exports to the United Arab Emirates ($0.9 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 the United Arab Emirates (-2.5%), while the prices for the other major destinations experienced a decline.

Imports of Fuel or Lubricating Pump in Pakistan

In 2022, the amount of fuel, lubricating or cooling-medium pumps for internal combustion engines imported into Pakistan shrank modestly to 1.3M units, with a decrease of -3.6% compared with 2021. Over the period under review, imports faced a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 8.3%. Over the period under review, imports hit record highs at 2.9M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, fuel or lubricating pump imports amounted to $26M in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 97% against the previous year. Imports peaked at $27M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Fuel or Lubricating Pump in Pakistan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Brazil	14.9	5.9	15.1	14.8	-0.2%
United Arab Emirates	1.8	1.2	2.6	2.5	11.6%
Thailand	2.6	1.0	2.0	2.0	-8.4%
Japan	1.7	1.4	1.9	1.9	3.8%
China	1.2	1.5	1.9	1.9	16.6%
United States	1.4	0.8	0.4	0.8	-17.0%
Turkey	0.5	0.4	0.3	0.4	-7.2%
Germany	0.3	N/A	0.2	0.2	-12.6%
Others	2.2	0.7	1.0	1.3	-16.1%
Total	26.5	13.0	25.5	25.8	-0.9%

Top Suppliers of Fuel or Lubricating Pump to Pakistan in 2022:

Brazil (259.0K units)
China (228.3K units)
Thailand (224.8K units)
United Arab Emirates (213.8K units)
Japan (151.3K units)
United States (97.3K units)
Turkey (46.3K units)
Germany (15.3K units)

Exports of Fuel or Lubricating Pump in Pakistan

After three years of growth, shipments abroad of fuel, lubricating or cooling-medium pumps for internal combustion engines decreased by -10.5% to 284K units in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 393% against the previous year. As a result, the exports attained the peak of 318K units, and then reduced in the following year.

In value terms, fuel or lubricating pump exports dropped dramatically to $341K in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 158% against the previous year. As a result, the exports attained the peak of $659K, and then contracted remarkably in the following year.

Export of Fuel or Lubricating Pump in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	37.0	13.9	327	210	78.4%
Germany	89.7	75.0	108	69.6	-8.1%
Turkey	22.3	57.5	44.3	28.4	8.4%
Poland	7.0	36.5	34.5	22.2	46.9%
Guyana	N/A	25.5	15.5	N/A	-39.2%
Others	22.6	47.1	130	10.5	-22.5%
Total	179	256	659	341	24.0%

Top Export Markets for Fuel or Lubricating Pump from Pakistan in 2022:

United Arab Emirates (245.2K units)
Germany (26.4K units)
Poland (6.4K units)
Turkey (5.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for fuel or lubricating pump in Pakistan. 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:

Pakistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Pakistan
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023