Russian Federation: 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 Russian Federation

The Russian fuel or lubricating pump market dropped to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption saw a perceptible shrinkage. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, fuel or lubricating pump production declined to $X in 2022 estimated in export price. Over the period under review, production saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

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

Exports from the Russian Federation

In 2022, approx. X units of fuel, lubricating or cooling-medium pumps for internal combustion engines were exported from Russia; which is down by X% against the year before. Overall, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at X units in 2021, and then contracted rapidly in the following year.

In value terms, fuel or lubricating pump exports declined markedly to $X in 2022. Over the period under review, exports saw a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X units), Uzbekistan (X units) and Azerbaijan (X units) were the main destinations of fuel or lubricating pump exports from Russia, together comprising X% of total exports. Turkey, Ukraine, Latvia, Armenia, China, Kyrgyzstan, Thailand, Egypt and Moldova lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) emerged as the key foreign market for fuel, lubricating or cooling-medium pumps for internal combustion engines exports from Russia, comprising X% of total exports. The second position in the ranking was taken by China ($X), with an X% share of total exports. It was followed by Latvia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Kazakhstan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Latvia (X% per year).

Export Prices by Country

The average fuel or lubricating pump export price stood at $X per unit in 2022, surging by X% against the previous year. Overall, the export price, however, showed a perceptible descent. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Egypt ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (X%), 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 the Russian Federation

Fuel or lubricating pump imports into Russia declined significantly to X units in 2022, with a decrease of X% compared with the year before. In general, imports, however, saw a remarkable increase. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X units in 2021, and then declined notably in the following year.

In value terms, fuel or lubricating pump imports reduced sharply to $X in 2022. Overall, imports, however, saw a moderate increase. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then contracted markedly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of fuel or lubricating pump to Russia, accounting for a X% share of total imports. Moreover, fuel or lubricating pump imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), more than tenfold. The third position in this ranking was taken by Germany (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Germany (X% per year).

In value terms, China ($X) constituted the largest supplier of fuel, lubricating or cooling-medium pumps for internal combustion engines to Russia, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with an X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the average fuel or lubricating pump import price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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