Pakistan - Pressure-Reducing, Control, Check and Safety Valves - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPressure-Reducing Iron Valve Price in Pakistan - 2023
Contents:
- Pressure-Reducing Iron Valve Price in Pakistan (CIF) - 2022
- Pressure-Reducing Iron Valve Price in Pakistan (FOB) - 2022
- Pressure-Reducing Iron Valve Imports in Pakistan
- Pressure-Reducing Iron Valve Exports in Pakistan
Pressure-Reducing Iron Valve Price in Pakistan (CIF) - 2022
The average pressure-reducing iron valve import price stood at $12 per unit in 2022, remaining relatively unchanged against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pressure-reducing iron valve import price increased by +6.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 65% against the previous year. The import price peaked at $17 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($14 per unit), while the price for the United Arab Emirates ($4.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Pressure-Reducing Iron Valve Price in Pakistan (FOB) - 2022
The average pressure-reducing iron valve export price stood at $12 per unit in 2022, rising by 1.8% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 143%. As a result, the export price reached the peak level of $52 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($13 per unit), while the average price for exports to Bangladesh ($12 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 Egypt (+34.9%), while the prices for the other major destinations experienced more modest paces of growth.
Pressure-Reducing Iron Valve Imports in Pakistan
In 2022, purchases abroad of pressure-reducing, control, check and safety valves decreased by -47.5% to 271K units, falling for the second year in a row after two years of growth. Overall, imports showed a significant contraction. The growth pace was the most rapid in 2020 when imports increased by 49%. As a result, imports attained the peak of 813K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, pressure-reducing iron valve imports fell sharply to $3.2M in 2022. In general, imports saw a precipitous decrease. The smallest decline of -4% was in 2020. Imports peaked at $9.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Pressure-Reducing Iron Valve in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3,442 | 2,347 | 2,213 | 999 | -33.8% |
Italy | 1,979 | 647 | 697 | 416 | -40.5% |
United States | 389 | 1,123 | 678 | 271 | -11.4% |
South Korea | 79.9 | 1,507 | 208 | 218 | 39.7% |
Germany | 239 | 170 | 491 | 194 | -6.7% |
Thailand | 638 | 515 | 306 | 181 | -34.3% |
United Arab Emirates | 390 | 182 | 419 | 165 | -24.9% |
United Kingdom | 126 | 962 | 68.6 | 140 | 3.6% |
Canada | 131 | 199 | 263 | 104 | -7.4% |
Czech Republic | 306 | 479 | 5.4 | 96.4 | -32.0% |
Mexico | 154 | 46.9 | 174 | 68.7 | -23.6% |
Singapore | 336 | 106 | 104 | 68.3 | -41.2% |
Malaysia | 31.6 | 321 | 98.5 | 55.2 | 20.4% |
Others | 1,203 | 463 | 379 | 235 | -42.0% |
Total | 9,444 | 9,067 | 6,104 | 3,212 | -30.2% |
Top Suppliers of Pressure-Reducing Iron Valve to Pakistan in 2022:
- China (71.9K units)
- United Arab Emirates (38.9K units)
- Italy (33.2K units)
- United States (21.1K units)
- South Korea (17.1K units)
- Thailand (14.4K units)
- Germany (14.4K units)
- United Kingdom (11.1K units)
- Canada (7.7K units)
- Czech Republic (7.7K units)
- Singapore (5.5K units)
- Mexico (5.1K units)
- Malaysia (4.3K units)
Pressure-Reducing Iron Valve Exports in Pakistan
For the third consecutive year, Pakistan recorded decline in shipments abroad of pressure-reducing, control, check and safety valves, which decreased by -15.2% to 2.3K units in 2022. In general, exports showed a dramatic shrinkage. The smallest decline of -11.1% was in 2020. The exports peaked at 5.1K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, pressure-reducing iron valve exports declined to $29K in 2022. Over the period under review, exports recorded a dramatic decrease. The exports peaked at $132K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Pressure-Reducing Iron Valve in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 115 | 80.0 | 13.2 | 25.0 | -39.9% |
Bangladesh | 2.2 | 2.0 | 8.4 | 4.1 | 23.1% |
China | N/A | N/A | 2.9 | N/A | 0% |
Turkey | N/A | N/A | 7.6 | N/A | 0% |
Others | 15.0 | 1.1 | 1.7 | N/A | -66.3% |
Total | 132 | 83.1 | 33.7 | 29.1 | -39.6% |
Top Export Markets for Pressure-Reducing Iron Valve from Pakistan in 2022:
- United Kingdom (1989.0 units)
- Bangladesh (345.0 units)
This report provides an in-depth analysis of the pressure-reducing iron valve market in Pakistan. 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 28141120 - Pressure-reducing valves of cast iron or steel, for pipes, b oiler shells, tanks, vats and the like (excluding those combined with lubricators or filters)
- Prodcom 28141140 - Pressure-reducing valves for pipes, boiler shells, tanks, vats and the like (excluding of cast iron or steel, those combined with filters or lubricators)
Country coverage:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- 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.
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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
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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
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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
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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
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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
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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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