Russian Federation - Pressure-Reducing, Control, Check and Safety Valves - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Russian Federation - Pressure-Reducing, Control, Check and Safety Valves - Market Analysis, Forecast, Size, Trends And Insights

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Pressure-Reducing Iron Valve Price in Russia - 2022

Contents:

  1. Pressure-Reducing Iron Valve Price in Russia (CIF) - 2022
  2. Pressure-Reducing Iron Valve Price in Russia (FOB) - 2022
  3. Pressure-Reducing Iron Valve Imports in Russia
  4. Pressure-Reducing Iron Valve Exports in Russia

Pressure-Reducing Iron Valve Price in Russia (CIF) - 2022

In 2022, the average pressure-reducing iron valve import price amounted to $6.9 per unit, reducing by -2.2% against the previous year. Over the period under review, the import price saw a slight contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 14% against the previous year. Over the period under review, average import prices reached the maximum at $8.5 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($128 per unit), while the price for Belarus ($1.1 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 States (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Pressure-Reducing Iron Valve Price in Russia (FOB) - 2022

In 2022, the average pressure-reducing iron valve export price amounted to $11 per unit, surging by 20% against the previous year. In general, the export price, however, showed a noticeable contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 77% against the previous year. Over the period under review, the average export prices reached the peak figure at $17 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($8.8 per unit), while the average price for exports to Turkmenistan ($1.7 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 Myanmar (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Pressure-Reducing Iron Valve Imports in Russia

In 2022, purchases abroad of pressure-reducing, control, check and safety valves decreased by -9.5% to 12M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, imports reached the peak of 13M units, and then declined in the following year.

In value terms, pressure-reducing iron valve imports fell to $84M in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. As a result, imports reached the peak of $95M, and then shrank in the following year.

Import of Pressure-Reducing Iron Valve in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.29.014.314.015.0%
Germany11.19.911.812.84.9%
France3.82.26.510.339.4%
Italy14.417.419.16.9-21.7%
Poland4.03.54.84.97.0%
South Korea1.81.72.32.38.5%
Czech Republic2.74.13.02.2-6.6%
Israel1.12.61.51.817.8%
Belarus1.31.62.41.811.5%
Hungary0.31.21.41.778.3%
Ukraine0.70.70.70.5-10.6%
Others19.518.826.924.88.3%
Total69.972.994.783.86.2%

Top Suppliers of Pressure-Reducing Iron Valve to Russia in 2022:

  1. China (6.0M units)
  2. Belarus (1.6M units)
  3. Italy (1.0M units)
  4. Poland (0.7M units)
  5. Germany (0.5M units)
  6. Hungary (0.3M units)
  7. South Korea (0.3M units)
  8. Israel (0.2M units)
  9. Czech Republic (0.2M units)
  10. France (0.2M units)
  11. Ukraine (0.1M units)

Pressure-Reducing Iron Valve Exports in Russia

In 2022, pressure-reducing iron valve exports from Russia declined rapidly to 1.3M units, shrinking by -27.4% against the previous year's figure. In general, exports saw a sharp reduction. The smallest decline of -24.3% was in 2021. Over the period under review, the exports hit record highs at 3.8M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, pressure-reducing iron valve exports shrank to $14M in 2022. Overall, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 34% against the previous year. The exports peaked at $19M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Pressure-Reducing Iron Valve in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan8,6493,8273,2511,148-49.0%
Belarus2,3281,9002,105804-29.8%
Bangladesh2510.416861334.7%
Azerbaijan5083252175905.1%
Ukraine4376655445346.9%
Lithuania9.848.846.5377237.6%
France93.863.212629246.0%
Uzbekistan30139563363.4-40.5%
Others6,8544,6188,7699,43011.2%
Total19,43111,84215,85813,850-10.7%

Top Export Markets for Pressure-Reducing Iron Valve from Russia in 2022:

  1. Belarus (314.0K units)
  2. Azerbaijan (301.8K units)
  3. Kazakhstan (209.9K units)
  4. Lithuania (106.5K units)
  5. Ukraine (84.2K units)
  6. Bangladesh (69.7K units)
  7. France (62.8K units)
  8. Uzbekistan (12.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pressure-reducing iron valve market in the Russian Federation. 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:

  • Russia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Russian Federation
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Pressure-Reducing, Control, Check and Safety Valves - Russia