
Sri Lanka - Fuel, Lubricating or Cooling-Medium Pumps for Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSri Lanka: Market for Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines 2025
Market Size for Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines in Sri Lanka
The Sri Lankan fuel or lubricating pump market surged to $X in 2021, growing by 99% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a strong expansion. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.
Exports of Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines
Exports from Sri Lanka
In 2021, exports of fuel, lubricating or cooling-medium pumps for internal combustion engines from Sri Lanka reduced rapidly to X units, shrinking by -86.7% compared with the year before. Over the period under review, exports saw a dramatic setback. The most prominent rate of growth was recorded in 2020 when exports increased by 1,163% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports failed to regain momentum.
In value terms, fuel or lubricating pump exports dropped sharply to $X in 2021. In general, exports recorded a abrupt setback. The growth pace was the most rapid in 2020 when exports increased by 766% against the previous year. As a result, the exports attained the peak of $X, and then shrank significantly in the following year.
Exports by Country
Oman (X units) was the main destination for fuel or lubricating pump exports from Sri Lanka, with a 53% share of total exports. Moreover, fuel or lubricating pump exports to Oman exceeded the volume sent to the second major destination, Germany (X units), threefold. The third position in this ranking was held by Kuwait (X units), with a 9.4% share.
From 2012 to 2021, the average annual growth rate of volume to Oman amounted to -10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-26.3% per year) and Kuwait (-15.7% per year).
In value terms, the largest markets for fuel or lubricating pump exported from Sri Lanka were South Korea ($X), Germany ($X) and Singapore ($X), with a combined 57% share of total exports. Oman, Maldives, Kuwait, Seychelles and Thailand lagged somewhat behind, together comprising a further 16%.
Seychelles, with a CAGR of +10.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.
Export Prices by Country
The average fuel or lubricating pump export price stood at $X per unit in 2021, waning by -8.9% against the previous year. Overall, the export price, however, posted prominent growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 134% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the average export prices failed to regain momentum.
Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per unit), while the average price for exports to Kuwait ($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 Germany (+24.6%), 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 Sri Lanka
Fuel or lubricating pump imports into Sri Lanka skyrocketed to X units in 2021, growing by 117% on 2020 figures. Overall, imports showed a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 250%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, fuel or lubricating pump imports soared to $X in 2021. In general, imports showed buoyant growth. The growth pace was the most rapid in 2013 with an increase of 220% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.
Imports by Country
In 2021, India (X units) constituted the largest fuel or lubricating pump supplier to Sri Lanka, with a 44% share of total imports. Moreover, fuel or lubricating pump imports from India exceeded the figures recorded by the second-largest supplier, Japan (X units), fourfold. The third position in this ranking was held by China (X units), with a 12% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from India totaled +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+6.0% per year) and China (+0.2% per year).
In value terms, India ($X), Japan ($X) and China ($X) constituted the largest fuel or lubricating pump suppliers to Sri Lanka, together comprising 52% of total imports. These countries were followed by Taiwan (Chinese) and Thailand, which together accounted for a further 5.7%.
In terms of the main suppliers, Thailand, with a CAGR of +25.4%, saw the highest growth rate of 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 -10.6% against the previous year. In general, the import price, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2018 an increase of 43% against the previous year. The import price peaked at $X per unit in 2020, and then reduced in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per unit), while the price for Taiwan (Chinese) ($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 (+23.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for fuel or lubricating pump in Sri Lanka. 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 28131165 - Fuel, lubricating or cooling-medium pumps for internal combustion engines
Country coverage:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
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