Singapore - 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 Singapore - 2022
Contents:
- Pressure-Reducing Iron Valve Price in Singapore (CIF) - 2022
- Pressure-Reducing Iron Valve Price in Singapore (FOB) - 2022
- Pressure-Reducing Iron Valve Imports in Singapore
- Pressure-Reducing Iron Valve Exports in Singapore
Pressure-Reducing Iron Valve Price in Singapore (CIF) - 2022
The average pressure-reducing iron valve import price stood at $12 per unit in 2022, picking up by 2.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2018 an increase of 18% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($12 per unit) and the United States ($12 per unit), while the price for South Korea ($12 per unit) and Malaysia ($12 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Pressure-Reducing Iron Valve Price in Singapore (FOB) - 2022
The average pressure-reducing iron valve export price stood at $12 per unit in 2022, rising by 7.3% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 15%. The export price peaked at $12 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Philippines ($12 per unit) and Vietnam ($12 per unit), while the average price for exports to Taiwan (Chinese) ($12 per unit) and China ($12 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (-1.6%), while the prices for the other major destinations experienced a decline.
Pressure-Reducing Iron Valve Imports in Singapore
In 2022, imports of pressure-reducing, control, check and safety valves into Singapore contracted modestly to 5.6M units, remaining relatively unchanged against 2021. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. Over the period under review, imports reached the maximum at 5.7M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, pressure-reducing iron valve imports expanded to $67M in 2022. The total import value increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Pressure-Reducing Iron Valve in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.3 | 14.1 | 17.7 | 19.5 | 13.6% |
| United States | 16.6 | 15.5 | 17.3 | 16.2 | -0.8% |
| Germany | 4.4 | 2.9 | 3.8 | 6.7 | 15.0% |
| South Korea | 2.2 | 2.6 | 2.6 | 3.4 | 15.6% |
| Malaysia | 2.0 | 1.7 | 3.4 | 2.5 | 7.7% |
| United Kingdom | 2.4 | 2.3 | 2.0 | 2.2 | -2.9% |
| India | 2.2 | 1.0 | 1.9 | 2.1 | -1.5% |
| France | 2.3 | 1.9 | 2.0 | 2.0 | -4.6% |
| Italy | 1.9 | 3.4 | 1.5 | 1.9 | 0.0% |
| Japan | 3.1 | 1.2 | 1.6 | 1.7 | -18.1% |
| Switzerland | 0.5 | 0.3 | 0.5 | 1.4 | 40.9% |
| Taiwan (Chinese) | 0.8 | 0.7 | 1.5 | 1.3 | 17.6% |
| Hungary | 0.5 | 0.5 | 1.8 | 1.1 | 30.1% |
| Others | 8.4 | 7.5 | 8.2 | 5.2 | -14.8% |
| Total | 60.7 | 55.8 | 65.8 | 67.1 | 3.4% |
Top Suppliers of Pressure-Reducing Iron Valve to Singapore in 2022:
- China (1634.9K units)
- United States (1357.6K units)
- Germany (566.0K units)
- South Korea (288.2K units)
- Malaysia (207.6K units)
- United Kingdom (186.8K units)
- India (172.3K units)
- France (166.1K units)
- Italy (159.9K units)
- Japan (141.9K units)
- Switzerland (121.3K units)
- Taiwan (Chinese) (108.0K units)
- Hungary (93.3K units)
Pressure-Reducing Iron Valve Exports in Singapore
In 2022, exports of pressure-reducing, control, check and safety valves from Singapore amounted to 4.4M units, growing by 4.1% compared with 2021 figures. The total export volume increased at an average annual rate of +8.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, pressure-reducing iron valve exports rose sharply to $51M in 2022. The total export value increased at an average annual rate of +8.0% 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 2021 when exports increased by 15%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Pressure-Reducing Iron Valve in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kuwait | 2.6 | 5.4 | 11.2 | 9.6 | 54.6% |
| Malaysia | 7.8 | 8.3 | 9.2 | 9.1 | 5.3% |
| Indonesia | 5.7 | 6.4 | 10.0 | 4.7 | -6.2% |
| China | 3.1 | 4.3 | 2.1 | 4.7 | 14.9% |
| Thailand | 1.5 | 1.2 | 1.4 | 2.6 | 20.1% |
| Taiwan (Chinese) | 1.4 | 0.9 | 0.4 | 2.2 | 16.3% |
| United States | 1.7 | 1.0 | 1.2 | 2.2 | 9.0% |
| Philippines | 1.9 | 1.5 | 1.2 | 1.9 | 0.0% |
| Japan | 1.6 | 1.1 | 1.7 | 1.7 | 2.0% |
| Netherlands | 0.7 | 1.5 | 0.8 | 1.6 | 31.7% |
| South Korea | 0.5 | 0.9 | 0.5 | 1.6 | 47.4% |
| Vietnam | 1.9 | 1.6 | 0.9 | 1.5 | -7.6% |
| Australia | 1.2 | 0.6 | 1.2 | 1.2 | 0.0% |
| Others | 9.5 | 5.4 | 4.2 | 6.8 | -10.5% |
| Total | 40.9 | 40.1 | 46.0 | 51.5 | 8.0% |
Top Export Markets for Pressure-Reducing Iron Valve from Singapore in 2022:
- Kuwait (822.2K units)
- Malaysia (775.2K units)
- Indonesia (403.5K units)
- China (401.2K units)
- Thailand (223.4K units)
- United States (191.9K units)
- Taiwan (Chinese) (183.8K units)
- Philippines (158.7K units)
- Japan (148.9K units)
- Netherlands (138.6K units)
- South Korea (135.2K units)
- Vietnam (131.7K units)
- Australia (100.8K units)
This report provides an in-depth analysis of the pressure-reducing iron valve market in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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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