Netherlands: 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 the Netherlands

The Dutch fuel or lubricating pump market fell to $X in 2021, shrinking by -13.9% against the previous year. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +4.5% against 2019 indices. Fuel or lubricating pump consumption peaked at $X in 2020, and then declined in the following year.

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

In value terms, fuel or lubricating pump production contracted to $X in 2021 estimated in export price. In general, production, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2014 when the production volume increased by 50% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then declined in the following year.

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

Exports from the Netherlands

In 2021, the amount of fuel, lubricating or cooling-medium pumps for internal combustion engines exported from the Netherlands surged to X units, growing by 46% on the year before. Over the period under review, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 47%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, fuel or lubricating pump exports surged to $X in 2021. The total export value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 27% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X units), the UK (X units) and France (X units) were the main destinations of fuel or lubricating pump exports from the Netherlands, with a combined 49% share of total exports. These countries were followed by Belgium, Spain, Hungary, the United States, the United Arab Emirates, Italy, China and Poland, which together accounted for a further 33%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +51.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fuel or lubricating pump exported from the Netherlands were Germany ($X), the UK ($X) and the United States ($X), together accounting for 35% of total exports. These countries were followed by France, Belgium, Spain, China, Hungary, Italy, Poland and the United Arab Emirates, which together accounted for a further 27%.

In terms of the main countries of destination, China, with a CAGR of +48.0%, recorded the highest growth rate of 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 -18.6% against the previous year. Overall, the export price recorded a drastic downturn. The pace of growth was the most pronounced in 2014 when the average export price increased by 22%. Over the period under review, the average export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to the United Arab Emirates ($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 China (-2.6%), while the prices for the other major destinations experienced a decline.

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

Imports into the Netherlands

In 2021, the amount of fuel, lubricating or cooling-medium pumps for internal combustion engines imported into the Netherlands soared to X units, growing by 57% on the previous year. Overall, imports posted a tangible expansion. 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 soared to $X in 2021. Over the period under review, imports, however, continue to indicate a noticeable descent. The growth pace was the most rapid in 2017 when imports increased by 29%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Germany (X units) and Belgium (X units) were the main suppliers of fuel or lubricating pump imports to the Netherlands, with a combined 48% share of total imports. These countries were followed by Italy, the United States, Turkey, the UK, Japan, India and France, which together accounted for a further 43%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +25.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fuel or lubricating pump suppliers to the Netherlands were Germany ($X), the United States ($X) and the UK ($X), with a combined 48% share of total imports. These countries were followed by Belgium, Italy, Japan, China, France, Turkey and India, which together accounted for a further 37%.

Among the main suppliers, Turkey, with a CAGR of +18.9%, recorded 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

In 2021, the average fuel or lubricating pump import price amounted to $X per unit, shrinking by -25.3% against the previous year. Over the period under review, the import price showed a perceptible setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 17%. Over the period under review, average import prices reached the maximum at $X per unit in 2019; however, from 2020 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 the United States ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+0.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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