Report Update Nov 1, 2024

Iraq - Petrol and Oil Dispensing Pumps - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Iraq: Oil Dispensing Pump Market 2024

Oil Dispensing Pump Market Size in Iraq

The Iraqi oil dispensing pump market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption, however, continues to indicate a drastic downturn. Oil dispensing pump consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Oil Dispensing Pump Exports

Exports from Iraq

Oil dispensing pump exports from Iraq amounted to X units in 2014, remaining relatively unchanged against 2013 figures. In general, exports recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2014 and are expected to retain growth in years to come.

In value terms, oil dispensing pump exports totaled $X in 2014. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2014 and are expected to retain growth in years to come.

Exports by Country

Turkey (X units) was the main destination for oil dispensing pump exports from Iraq, with a approx. 100% share of total exports.

From 2014 to 2014, the average annual rate of growth in terms of volume to Turkey was relatively modest.

From 2014 to 2014, the average annual rate of growth in terms of value to Turkey was relatively modest.

Oil Dispensing Pump Imports

Imports into Iraq

In 2021, purchases abroad of petrol and oil dispensing pumps was finally on the rise to reach X units after two years of decline. In general, imports, however, recorded a drastic downturn. The growth pace was the most rapid in 2015 when imports increased by 154%. Imports peaked at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, oil dispensing pump imports soared to $X in 2021. Overall, imports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of 301%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest oil dispensing pump supplier to Iraq, with a 63% share of total imports. Moreover, oil dispensing pump imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. Turkey (X units) ranked third in terms of total imports with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +21.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-18.8% per year) and Turkey (-2.3% per year).

In value terms, China ($X) constituted the largest supplier of petrol and oil dispensing pumps to Iraq, comprising 69% of total imports. The second position in the ranking was taken by Turkey ($X), with a 17% share of total imports. It was followed by the United Arab Emirates, with a 4.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +27.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-7.6% per year) and the United Arab Emirates (-24.7% per year).

Import Prices by Country

The average oil dispensing pump import price stood at $X per unit in 2021, dropping by -36.7% against the previous year. In general, the import price saw a abrupt downturn. The pace of growth was the most pronounced in 2018 an increase of 75% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for petrol and oil dispensing pumps in the world?

China remains the largest oil dispensing pump consuming country worldwide, comprising approx. 25% of total volume. Moreover, oil dispensing pump consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by Belgium, with a 7.6% share.

What are the largest producers of petrol and oil dispensing pumps in the world?

The country with the largest volume of oil dispensing pump production was China, accounting for 38% of total volume. Moreover, oil dispensing pump production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The third position in this ranking was occupied by Italy, with a 7.6% share.

What are the leading suppliers of petrol and oil dispensing pumps to Iraq?

In value terms, China constituted the largest supplier of oil dispensing pump to Iraq, comprising 63% of total imports. The second position in the ranking was occupied by Turkey, with a 9.6% share of total imports. It was followed by South Korea, with a 9.5% share.

What is the average export price for petrol and oil dispensing pumps in Iraq?

The average oil dispensing pump export price stood at $188 per unit in 2014, therefore, remained relatively stable against the previous year.

What is the average import price for petrol and oil dispensing pumps in Iraq?

In 2020, the average oil dispensing pump import price amounted to $396 per unit, picking up by 20% against the previous year.

This report provides an in-depth analysis of the oil dispensing pump market in Iraq. 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:

Iraq

Data coverage:

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