France: Market for Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines 2024

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

In 2021, after two years of growth, there was significant decline in the French fuel or lubricating pump market, when its value decreased by -99.9% to $X. In general, consumption faced a sharp reduction. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

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

In value terms, fuel or lubricating pump production rose markedly to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 21%. Fuel or lubricating pump production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

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

Exports from France

In 2021, approx. X units of fuel, lubricating or cooling-medium pumps for internal combustion engines were exported from France; rising by 33% compared with the year before. In general, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +8.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +38.8% against 2018 indices. The most prominent rate of growth was recorded in 2015 when exports increased by 62% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, fuel or lubricating pump exports soared to $X in 2021. The total export value increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), Romania (X units) and Spain (X units) were the main destinations of fuel or lubricating pump exports from France, together accounting for 49% of total exports. These countries were followed by Belgium, the UK, the Czech Republic, Poland, Morocco, Sweden, Italy, Turkey, South Korea and Brazil, which together accounted for a further 39%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +71.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Spain ($X) and Belgium ($X) were the largest markets for fuel or lubricating pump exported from France worldwide, together comprising 36% of total exports. These countries were followed by the UK, Romania, Sweden, Italy, Morocco, Turkey, South Korea, Poland, the Czech Republic and Brazil, which together accounted for a further 41%.

Among the main countries of destination, the Czech Republic, with a CAGR of +35.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average fuel or lubricating pump export price stood at $X per unit in 2021, waning by -10.1% against the previous year. Over the period under review, the export price saw a perceptible contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 32%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Sweden ($X per unit), while the average price for exports to Romania ($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 Spain (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into France

Fuel or lubricating pump imports into France surged to X units in 2021, growing by 72% compared with the year before. In general, total imports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fuel or lubricating pump imports surged to $X in 2021. Overall, imports, however, recorded a pronounced setback. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest fuel or lubricating pump supplier to France, accounting for a 59% share of total imports. Moreover, fuel or lubricating pump imports from Germany exceeded the figures recorded by the second-largest supplier, Spain (X units), eightfold. Poland (X units) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-1.1% per year) and Poland (+20.0% per year).

In value terms, Germany ($X) constituted the largest supplier of fuel, lubricating or cooling-medium pumps for internal combustion engines to France, comprising 45% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 9.4% share of total imports. It was followed by Spain, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-7.8% per year) and Spain (-2.5% per year).

Import Prices by Country

The average fuel or lubricating pump import price stood at $X per unit in 2021, dropping by -32.6% against the previous year. In general, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 20% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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