Philippines - 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 the Philippines - 2023
Contents:
- Pressure-Reducing Iron Valve Price in the Philippines (CIF) - 2022
- Pressure-Reducing Iron Valve Price in the Philippines (FOB) - 2022
- Pressure-Reducing Iron Valve Imports in the Philippines
- Pressure-Reducing Iron Valve Exports in the Philippines
Pressure-Reducing Iron Valve Price in the Philippines (CIF) - 2022
In 2022, the average pressure-reducing iron valve import price amounted to $12 per unit, jumping by 48% against the previous year. Overall, the import price showed a remarkable increase. The pace of growth was the most pronounced in 2019 an increase of 191%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($12 per unit) and Thailand ($12 per unit), while the price for Singapore ($12 per unit) and Israel ($12 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+28.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Pressure-Reducing Iron Valve Price in the Philippines (FOB) - 2022
In 2022, the average pressure-reducing iron valve export price amounted to $12 per unit, declining by -4.2% against the previous year. Over the period under review, the export price, however, continues to indicate prominent growth. The pace of growth appeared the most rapid in 2014 an increase of 967%. As a result, the export price reached the peak level of $64 per unit. From 2015 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 highest price was recorded for prices to Australia ($12 per unit) and Japan ($12 per unit), while the average price for exports to Singapore ($12 per unit) and the UK ($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 Singapore (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.
Pressure-Reducing Iron Valve Imports in the Philippines
Pressure-reducing iron valve imports into the Philippines fell sharply to 1.1M units in 2022, waning by -38% on the previous year. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 97% against the previous year. Over the period under review, imports reached the peak figure at 2.1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, pressure-reducing iron valve imports fell to $13M in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. Imports peaked at $18M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Pressure-Reducing Iron Valve in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,893 | 2,445 | 3,953 | 3,891 | 10.4% |
| United States | 1,235 | 696 | 1,052 | 2,028 | 18.0% |
| Japan | 2,951 | 1,885 | 1,565 | 1,082 | -28.4% |
| Germany | 1,345 | 477 | 1,277 | 963 | -10.5% |
| Singapore | 979 | 1,262 | 1,712 | 895 | -2.9% |
| Malaysia | 625 | 364 | 737 | 656 | 1.6% |
| Canada | 103 | 160 | 135 | 615 | 81.4% |
| Hong Kong SAR | 52.7 | 976 | 758 | 548 | 118.3% |
| Australia | 972 | 338 | 209 | 423 | -24.2% |
| South Korea | 3,353 | 139 | 245 | 401 | -50.7% |
| Netherlands | 1,068 | 615 | 49.9 | 192 | -43.6% |
| India | 713 | 49.0 | 160 | 78.5 | -52.1% |
| Israel | 463 | 91.1 | 209 | 63.3 | -48.5% |
| Others | 1,578 | 839 | 1,972 | 1,051 | -12.7% |
| Total | 18,330 | 10,337 | 14,035 | 12,885 | -11.1% |
Top Suppliers of Pressure-Reducing Iron Valve to the Philippines in 2022:
- China (327.0K units)
- United States (170.4K units)
- Japan (91.0K units)
- Germany (80.9K units)
- Singapore (75.2K units)
- Malaysia (55.1K units)
- Canada (51.6K units)
- Hong Kong SAR (46.0K units)
- Australia (35.5K units)
- South Korea (33.7K units)
- Netherlands (16.1K units)
- India (6.6K units)
- Israel (5.3K units)
Pressure-Reducing Iron Valve Exports in the Philippines
Pressure-reducing iron valve exports from the Philippines surged to 303K units in 2022, growing by 115% against the previous year's figure. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, pressure-reducing iron valve exports soared to $3.5M in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Pressure-Reducing Iron Valve in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 43.7 | 765 | 1,048 | 1,798 | 245.2% |
| United States | 39.0 | 29.8 | 18.3 | 602 | 149.0% |
| United Kingdom | 48.5 | 52.3 | 85.4 | 520 | 120.5% |
| Australia | 755 | 175 | 497 | 411 | -18.3% |
| Germany | 1.6 | N/A | N/A | 139 | 342.9% |
| Papua New Guinea | N/A | 603 | N/A | 10.3 | -86.9% |
| Others | 86.1 | 3.2 | 70.8 | 58.1 | -12.3% |
| Total | 974 | 1,629 | 1,720 | 3,539 | 53.7% |
Top Export Markets for Pressure-Reducing Iron Valve from the Philippines in 2022:
- Japan (153.7K units)
- United States (51.5K units)
- United Kingdom (44.5K units)
- Australia (35.1K units)
- Germany (11.9K units)
- Papua New Guinea (0.9K units)
This report provides an in-depth analysis of the pressure-reducing iron valve market in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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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