U.S. Fluid Power Valve And Hose Fitting Market. Analysis And Forecast to 2030
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View PricingPrice for Fluid Power Valve and Hose Fitting in the United States - 2023
Contents:
- Price for Fluid Power Valve and Hose Fitting in the United States (CIF) - 2023
- Price for Fluid Power Valve and Hose Fitting in the United States (FOB) - 2023
- Imports of Fluid Power Valve and Hose Fitting in the United States
- Exports of Fluid Power Valve and Hose Fitting in the United States
Price for Fluid Power Valve and Hose Fitting in the United States (CIF) - 2023
In November 2023, the average import price for fluid power valves and hose fittings amounted to $48,664 per ton, surging by 20% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. Over the period under review, average import prices reached the maximum at $50,015 per ton in March 2023; however, from April 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($110K per ton), while the price for China ($18,513 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fluid Power Valve and Hose Fitting in the United States (FOB) - 2023
In November 2023, the average export price for fluid power valves and hose fittings amounted to $113K per ton, falling by -6.6% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 23% against the previous month. As a result, the export price attained the peak level of $138K per ton. From January 2023 to November 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($263K per ton), while the average price for exports to Mexico ($44,867 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fluid Power Valve and Hose Fitting in the United States
For the fourth year in a row, the United States recorded growth in supplies from abroad of fluid power valves and hose fittings, which increased by 20% to 69K tons in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 108%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of fluid power valves and hose fittings expanded sharply to $2.6B in 2022. The total import value increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 18% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Fluid Power Valve and Hose Fitting in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 556 | 552 | 601 | 647 | 5.2% |
| Germany | 383 | 303 | 369 | 429 | 3.9% |
| Japan | 382 | 292 | 386 | 397 | 1.3% |
| China | 140 | 135 | 186 | 223 | 16.8% |
| Italy | 156 | 113 | 158 | 194 | 7.5% |
| South Korea | 170 | 125 | 101 | 106 | -14.6% |
| France | 98.1 | 69.5 | 75.1 | 81.2 | -6.1% |
| Vietnam | 93.3 | 76.5 | 90.7 | 73.4 | -7.7% |
| India | 31.8 | 23.4 | 37.4 | 53.9 | 19.2% |
| Canada | 42.2 | 29.1 | 38.0 | 45.9 | 2.8% |
| Taiwan (Chinese) | 25.9 | 18.8 | 24.0 | 41.0 | 16.5% |
| Others | 319 | 292 | 325 | 354 | 3.5% |
| Total | 2,398 | 2,030 | 2,392 | 2,646 | 3.3% |
Top Suppliers of Fluid Power Valve and Hose Fitting to the United States in 2022:
- China (15.1K tons)
- Mexico (11.8K tons)
- Japan (9.1K tons)
- Italy (6.2K tons)
- Germany (5.7K tons)
- India (3.3K tons)
- South Korea (2.9K tons)
- Vietnam (2.5K tons)
- Taiwan (Chinese) (2.1K tons)
- Canada (1.6K tons)
- France (1.6K tons)
Exports of Fluid Power Valve and Hose Fitting in the United States
In 2022, the amount of fluid power valves and hose fittings exported from the United States totaled 20K tons, growing by 6.4% on 2021 figures. The total export volume increased at an average annual rate of +12.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 36% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of fluid power valves and hose fittings surged to $2.2B in 2022. The total export value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fluid Power Valve and Hose Fitting in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 491 | 386 | 393 | 477 | -1.0% |
| Canada | 339 | 296 | 345 | 417 | 7.1% |
| China | 241 | 214 | 232 | 196 | -6.7% |
| Germany | 125 | 112 | 132 | 163 | 9.3% |
| United Kingdom | 143 | 109 | 120 | 137 | -1.4% |
| Brazil | 89.5 | 92.4 | 102 | 136 | 15.0% |
| Singapore | 48.2 | 49.1 | 51.2 | 62.7 | 9.2% |
| South Korea | 46.3 | 37.6 | 44.5 | 48.1 | 1.3% |
| India | 24.4 | 20.1 | 26.5 | 38.9 | 16.8% |
| Others | 534 | 503 | 480 | 574 | 2.4% |
| Total | 2,080 | 1,818 | 1,927 | 2,250 | 2.7% |
Top Export Markets for Fluid Power Valve and Hose Fitting from the United States in 2022:
- Mexico (10.7K tons)
- China (1.4K tons)
- Canada (1.3K tons)
- United Kingdom (0.8K tons)
- Brazil (0.7K tons)
- Germany (0.7K tons)
- Singapore (0.4K tons)
- India (0.3K tons)
- South Korea (0.3K tons)
This report provides an in-depth analysis of the market for fluid power valve and hose fitting in the U.S.. 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:
- NAICS 332912 - Fluid power valve and hose fitting manufacturing
Companies mentioned:
- Hydraforce
- Husco International
- Circor International
- Dixon Valve & Coupling Company
- Versa Products Company
- Tactair Fluid Controls
- Mac Valves
- Sun Hydraulics Corporation
- Schrader-Bridgeport International Inc.
- Crane Co.
- Griswold Industries
- Young & Franklin
- Humphrey Products Company
- Valcor Engineering Corp
- Ross Operating Valve Company
- Servotronics
- Micro Pneumatic Logic
- Omega Flex
- Air-Way Manufacturing Company Inc
- Industrial Tube Company
- Olmsted Products Company
- Generant Company
- Fluid Line Products
- Craig Assembly
- Flexitech
- Faber Enterprises
- Tubular Instrumentation & Controls
- Industrial Specialties
- Crane Aerospace
- Norgren, Dvcc, Inc.
- Ebara America Corporation
- Crane International Holdings
- Crane Controls
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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 AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- 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 Exports
This Chapter is Available Only for the Professional Edition PRO- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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