Report Update Nov 1, 2024

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

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Northern America: Oil Dispensing Pump Market 2024

Oil Dispensing Pump Exports

Exports in Northern America

In 2021, exports of petrol and oil dispensing pumps in Northern America rose slightly to X units, increasing by 4.1% against the year before. Overall, exports, however, saw a noticeable setback. The pace of growth was the most pronounced in 2018 with an increase of 18% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, oil dispensing pump exports dropped modestly to $X in 2021. In general, exports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 3.9%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States prevails in exports structure, accounting for X units, which was approx. 96% of total exports in 2021. Canada (X units) followed a long way behind the leaders.

The United States was also the fastest-growing in terms of the petrol and oil dispensing pumps exports, with a CAGR of -3.5% from 2012 to 2021. Canada (-15.6%) illustrated a downward trend over the same period. While the share of the United States (+8.2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Canada (-8.2 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest oil dispensing pump supplier in Northern America, comprising 97% of total exports. The second position in the ranking was taken by Canada ($X), with a 2.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United States amounted to -5.2%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2021, reducing by -5.2% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 12% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per unit), while Canada amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+15.1%).

Oil Dispensing Pump Imports

Imports in Northern America

For the fifth consecutive year, Northern America recorded growth in purchases abroad of petrol and oil dispensing pumps, which increased by 35% to X units in 2021. Over the period under review, imports saw a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of 62% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, oil dispensing pump imports soared to $X in 2021. In general, imports, however, recorded a relatively flat trend pattern. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The United States represented the main importing country with an import of around X units, which accounted for 90% of total imports. It was distantly followed by Canada (X units), achieving a 10% share of total imports.

The United States was also the fastest-growing in terms of the petrol and oil dispensing pumps imports, with a CAGR of +20.4% from 2012 to 2021. At the same time, Canada (+16.2%) displayed positive paces of growth. The United States (+3.5 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -3.4% from 2012 to 2021, respectively.

In value terms, the largest oil dispensing pump importing markets in Northern America were the United States ($X) and Canada ($X).

The United States, with a CAGR of +13.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per unit, rising by 6.8% against the previous year. In general, the import price, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2014 when the import price increased by 8.4% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-6.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The country with the largest volume of oil dispensing pump consumption was the United States, accounting for 87% of total volume. Moreover, oil dispensing pump consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, sevenfold.

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

Canada constituted the country with the largest volume of oil dispensing pump production, comprising approx. 100% of total volume.

What are the leading exporters of petrol and oil dispensing pumps in Northern America?

In value terms, the United States remains the largest oil dispensing pump supplier in Northern America, comprising 94% of total exports. The second position in the ranking was occupied by Canada, with a 5.9% share of total exports.

What are the leading importers of petrol and oil dispensing pumps in Northern America?

In value terms, Canada and the United States constituted the countries with the highest levels of imports in 2020.

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

The oil dispensing pump export price in Northern America stood at $889 per unit in 2020, picking up by 14% against the previous year.

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

The oil dispensing pump import price in Northern America stood at $119 per unit in 2020, with an increase of 3.4% against the previous year.

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

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023