Netherlands: Oil Dispensing Pump Market 2024

Oil Dispensing Pump Market Size in the Netherlands

The Dutch oil dispensing pump market reduced to $X in 2021, declining by -7.7% against the previous year. In general, consumption continues to indicate a perceptible descent. Oil dispensing pump consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Oil Dispensing Pump Production in the Netherlands

In value terms, oil dispensing pump production dropped to $X in 2021 estimated in export price. Over the period under review, production saw a significant increase. The pace of growth was the most pronounced in 2013 when the production volume increased by 321% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then fell in the following year.

Oil Dispensing Pump Exports

Exports from the Netherlands

In 2021, approx. X units of petrol and oil dispensing pumps were exported from the Netherlands; growing by 1,158% on the previous year's figure. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by 2,520% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, oil dispensing pump exports reduced markedly to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 47%. The exports peaked at $X in 2020, and then dropped markedly in the following year.

Exports by Country

Germany (X units), Slovakia (X units) and Belgium (X units) were the main destinations of oil dispensing pump exports from the Netherlands, together accounting for 77% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of +385.8%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) remains the key foreign market for petrol and oil dispensing pumps exports from the Netherlands, comprising 37% of total exports. The second position in the ranking was held by Germany ($X), with a 15% share of total exports. It was followed by Slovakia, with a 6.9% share.

From 2012 to 2021, the average annual growth rate of value to Belgium amounted to +52.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+68.9% per year) and Slovakia (+160.2% per year).

Export Prices by Country

In 2021, the average oil dispensing pump export price amounted to $X per unit, dropping by -95.9% against the previous year. Overall, the export price faced a precipitous contraction. The most prominent rate of growth was recorded in 2014 an increase of 111%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Oman ($X per unit), while the average price for exports to Slovakia ($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 Oman (-24.6%), while the prices for the other major destinations experienced a decline.

Oil Dispensing Pump Imports

Imports into the Netherlands

In 2021, overseas purchases of petrol and oil dispensing pumps increased by 1,932% to X units, rising for the third year in a row after three years of decline. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, oil dispensing pump imports skyrocketed to $X in 2021. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the UK (X units) constituted the largest supplier of oil dispensing pump to the Netherlands, accounting for a 83% share of total imports. Moreover, oil dispensing pump imports from the UK exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold. Slovakia (X units) ranked third in terms of total imports with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the UK totaled +85.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+55.7% per year) and Slovakia (+68.1% per year).

In value terms, the UK ($X) constituted the largest supplier of petrol and oil dispensing pumps to the Netherlands, comprising 82% of total imports. The second position in the ranking was taken by Germany ($X), with a 6.5% share of total imports. It was followed by Italy, with a 1.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the UK stood at +88.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.9% per year) and Italy (+9.0% per year).

Import Prices by Country

The average oil dispensing pump import price stood at $X per unit in 2021, dropping by -38.8% against the previous year. Over the period under review, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 105%. Over the period under review, average import prices attained the peak figure 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 Germany ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+52.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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