U.S. Industrial Valve Market. Analysis And Forecast to 2025
Update: COVID-19 Impact
Industrial Valve Market - The U.S. Keeps the Leading Share in Global Industrial Valve Imports, Totaling to nearly 13,6 Billion USD in 2015
Photo: © gornostaj / Bigstockphoto
The U.S. is the global leader in imports on the industrial valve market, accounting for a X% share (based on USD). It was distantly followed by China (X%), Germany (X%), and Canada (X%). In 2015, U.S. industrial valve imports totaled X million USD, which was X million USD (X%) less than the year before.
From 2007 to 2015, U.S. industrial valve imports showed mixed dynamics. A significant drop in 2009 was followed by steady growth over the next five years, until imports leveled off by -X% in 2015.
In 2010, U.S. industrial valve imports nearly recovered to their pre-recession levels. Since 2011, imports remained increasingly above the levels of 2008.
Supported by a positive imports trend of the recent years, the U.S. continues to be one of the biggest markets for global exporters.
China, Mexico, Japan, and Germany were the main suppliers of industrial valves into the U.S., with a combined share of X% of total U.S. imports in 2015. From 2007 to 2015, China (+X% per year) and Mexico (+X% per year) were the fastest growing suppliers. China improved its position in the U.S. import structure, from X% in 2007 to X% in 2015, while Mexico's share increased by +X percentage points to X%. The other countries recorded modest paces of growth over the same period.
From 2007 to 2015, the U.S. was a net importer of industrial valves. However, exports grew faster than imports on average over the period under review, and generally stood close to imports. Net US imports of industrial valves fluctuated substantially over the period under review, leading to a fall from X million USD in 2007 to X million USD in 2015.
Do you want to know more about the U.S. industrial valve market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- industrial valve market share
- industrial valve prices
- industrial valve industry
- industrial valve sales
- industrial valve market forecast
- industrial valve price forecast
- key industrial valve producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the industrial valve market 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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