South Africa - 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 South Africa - 2023
Contents:
- Pressure-Reducing Iron Valve Price in South Africa (CIF) - 2022
- Pressure-Reducing Iron Valve Price in South Africa (FOB) - 2022
- Pressure-Reducing Iron Valve Imports in South Africa
- Pressure-Reducing Iron Valve Exports in South Africa
Pressure-Reducing Iron Valve Price in South Africa (CIF) - 2022
The average pressure-reducing iron valve import price stood at $5.6 per unit in 2022, rising by 21% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2013 an increase of 23%. As a result, import price attained the peak level of $6 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($19 per unit), while the price for Taiwan (Chinese) ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Pressure-Reducing Iron Valve Price in South Africa (FOB) - 2022
In 2022, the average pressure-reducing iron valve export price amounted to $3.6 per unit, dropping by -5.9% against the previous year. In general, the export price saw a slight downturn. The growth pace was the most rapid in 2021 an increase of 22%. Over the period under review, the average export prices hit record highs at $4.4 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($7.5 per unit), while the average price for exports to Lesotho ($1.5 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 Mozambique (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Pressure-Reducing Iron Valve Imports in South Africa
Pressure-reducing iron valve imports into South Africa dropped to 3.8M units in 2022, with a decrease of -12.1% compared with 2021. In general, imports continue to indicate a slight decline. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, imports attained the peak of 4.4M units, and then declined in the following year.
In value terms, pressure-reducing iron valve imports rose remarkably to $22M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 6.7%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Pressure-Reducing Iron Valve in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.3 | 5.6 | 6.8 | 7.0 | 9.7% |
| Italy | 3.8 | 4.0 | 2.3 | 2.2 | -16.7% |
| China | 1.5 | 1.6 | 2.4 | 2.2 | 13.6% |
| Israel | 1.3 | 0.9 | 1.2 | 2.0 | 15.4% |
| United States | 1.7 | 1.1 | 1.2 | 1.2 | -11.0% |
| United Kingdom | 1.1 | 0.9 | 0.8 | 0.9 | -6.5% |
| India | 0.3 | 0.1 | 0.1 | 0.7 | 32.6% |
| Czech Republic | 0.7 | 0.8 | 0.6 | 0.5 | -10.6% |
| Denmark | 2.0 | 1.0 | 0.9 | 0.5 | -37.0% |
| Austria | 0.1 | 0.1 | 0.2 | 0.4 | 58.7% |
| Taiwan (Chinese) | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Thailand | 0.3 | 0.2 | 0.2 | 0.1 | -30.7% |
| Others | 3.2 | 2.7 | 3.5 | 3.8 | 5.9% |
| Total | 21.4 | 19.0 | 20.3 | 21.5 | 0.2% |
Top Suppliers of Pressure-Reducing Iron Valve to South Africa in 2022:
- China (1114.7K units)
- Germany (972.3K units)
- Israel (456.1K units)
- Italy (313.0K units)
- India (130.6K units)
- Taiwan (Chinese) (101.9K units)
- Czech Republic (91.4K units)
- Denmark (81.0K units)
- Austria (72.0K units)
- United Kingdom (69.4K units)
- United States (63.0K units)
- Thailand (17.9K units)
Pressure-Reducing Iron Valve Exports in South Africa
Pressure-reducing iron valve exports from South Africa totaled 2.8M units in 2022, approximately equating 2021. Overall, exports, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. The exports peaked at 3.2M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, pressure-reducing iron valve exports fell to $10M in 2022. In general, exports, however, saw a slight shrinkage. The growth pace was the most rapid in 2021 when exports increased by 41%. As a result, the exports reached the peak of $11M, and then dropped in the following year.
| Export of Pressure-Reducing Iron Valve in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 1,746 | 1,488 | 1,705 | 1,853 | 2.0% |
| Swaziland | 1,013 | 587 | 1,114 | 1,261 | 7.6% |
| Botswana | 1,737 | 889 | 1,275 | 1,024 | -16.2% |
| Zimbabwe | 1,143 | 1,392 | 1,182 | 985 | -4.8% |
| Democratic Republic of the Congo | 1,010 | 322 | 1,822 | 822 | -6.6% |
| Mozambique | 671 | 662 | 899 | 768 | 4.6% |
| Mali | 42.8 | 201 | 326 | 490 | 125.4% |
| Zambia | 445 | 431 | 504 | 350 | -7.7% |
| Ghana | 37.6 | 39.9 | 79.3 | 292 | 98.0% |
| Lesotho | 471 | 180 | 245 | 273 | -16.6% |
| Others | 2,284 | 1,406 | 1,597 | 2,013 | -4.1% |
| Total | 10,600 | 7,596 | 10,746 | 10,131 | -1.5% |
Top Export Markets for Pressure-Reducing Iron Valve from South Africa in 2022:
- Namibia (818.2K units)
- Botswana (379.5K units)
- Swaziland (371.6K units)
- Zimbabwe (212.0K units)
- Lesotho (183.1K units)
- Mozambique (153.8K units)
- Democratic Republic of the Congo (109.4K units)
- Zambia (89.0K units)
- Mali (65.9K units)
- Ghana (61.9K units)
This report provides an in-depth analysis of the pressure-reducing iron valve market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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
-
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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