Egypt: Oil Dispensing Pump Market 2025

Oil Dispensing Pump Market Size in Egypt

After two years of decline, the Egyptian oil dispensing pump market increased by 240% to $X in 2021. In general, consumption showed a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Oil Dispensing Pump Exports

Exports from Egypt

In 2021, shipments abroad of petrol and oil dispensing pumps decreased by -15.2% to X units, falling for the third year in a row after three years of growth. Over the period under review, exports showed a sharp descent. The pace of growth was the most pronounced in 2013 with an increase of 119%. Over the period under review, the exports reached the peak figure at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, oil dispensing pump exports contracted dramatically to $X in 2021. In general, exports faced a sharp setback. The pace of growth was the most pronounced in 2017 with an increase of 640% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Sudan (X units) was the main destination for oil dispensing pump exports from Egypt, accounting for a 61% share of total exports. Moreover, oil dispensing pump exports to Sudan exceeded the volume sent to the second major destination, Ghana (X units), threefold. The United Arab Emirates (X units) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Sudan totaled -21.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (+22.0% per year) and the United Arab Emirates (-25.6% per year).

In value terms, the United Arab Emirates ($X), Sudan ($X) and Saudi Arabia ($X) constituted the largest markets for oil dispensing pump exported from Egypt worldwide, with a combined 47% share of total exports. Ghana and Denmark lagged somewhat behind, together accounting for a further 1%.

In terms of the main countries of destination, Ghana, with a CAGR of +3.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average oil dispensing pump export price stood at $X per unit in 2021, dropping by -13.4% against the previous year. Over the period under review, the export price faced a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by 353%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Ghana ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+11.1%), while the prices for the other major destinations experienced a decline.

Oil Dispensing Pump Imports

Imports into Egypt

Oil dispensing pump imports into Egypt surged to X units in 2021, jumping by 262% compared with the year before. In general, imports enjoyed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, oil dispensing pump imports soared to $X in 2021. Overall, imports recorded a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X units), China (X units) and Canada (X units) were the main suppliers of oil dispensing pump imports to Egypt, together accounting for 72% of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +42.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest oil dispensing pump suppliers to Egypt were Italy ($X), China ($X) and Canada ($X), with a combined 67% share of total imports.

Among the main suppliers, Italy, with a CAGR of +38.6%, 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 average oil dispensing pump import price stood at $X per unit in 2021, falling by -10.2% against the previous year. Overall, the import price continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 44% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Argentina ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+3.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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