Vietnam - Pressure-Reducing, Control, Check and Safety Valves - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPressure-Reducing Iron Valve Price in Vietnam - 2022
Contents:
- Pressure-Reducing Iron Valve Price in Vietnam (CIF) - 2022
- Pressure-Reducing Iron Valve Price in Vietnam (FOB) - 2022
- Pressure-Reducing Iron Valve Imports in Vietnam
- Pressure-Reducing Iron Valve Exports in Vietnam
Pressure-Reducing Iron Valve Price in Vietnam (CIF) - 2022
The average pressure-reducing iron valve import price stood at $11 per unit in 2022, remaining relatively unchanged against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 +1.9% against 2018 indices. The growth pace was the most rapid in 2014 when the average import price increased by 38% against the previous year. The import price peaked at $11 per unit in 2021, and then declined in the following year.
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 Singapore ($35 per unit), while the price for China ($8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Pressure-Reducing Iron Valve Price in Vietnam (FOB) - 2022
The average pressure-reducing iron valve export price stood at $11 per unit in 2022, falling by -11.1% against the previous year. Overall, the export price, however, saw prominent growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 64% against the previous year. The export price peaked at $13 per unit in 2021, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($16 per unit), while the average price for exports to Myanmar ($2.6 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 Cambodia (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.
Pressure-Reducing Iron Valve Imports in Vietnam
In 2022, imports of pressure-reducing, control, check and safety valves into Vietnam shrank to 2.4M units, which is down by -3.8% on the previous year's figure. In general, imports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 6.8%. Imports peaked at 2.6M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, pressure-reducing iron valve imports dropped to $27M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 9.6%. As a result, imports attained the peak of $28M, and then contracted in the following year.
Import of Pressure-Reducing Iron Valve in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 9.0 | 12.7 | 14.2 | 14.3 | 16.7% |
South Korea | 3.0 | 1.4 | 1.9 | 3.3 | 3.2% |
Japan | 2.3 | 2.4 | 2.7 | 1.8 | -7.8% |
Singapore | 1.4 | 1.4 | 0.8 | 1.5 | 2.3% |
Denmark | 0.3 | 0.6 | 0.6 | 0.6 | 26.0% |
Thailand | 0.5 | 0.6 | 0.7 | N/A | 18.3% |
Malaysia | 4.1 | 1.0 | 0.4 | N/A | -68.8% |
Others | 6.8 | 5.6 | 7.1 | 5.6 | -6.3% |
Total | 27.4 | 25.9 | 28.4 | 27.1 | -0.4% |
Top Suppliers of Pressure-Reducing Iron Valve to Vietnam in 2022:
- China (1793.9K units)
- South Korea (187.6K units)
- Japan (85.2K units)
- Singapore (43.5K units)
- Denmark (42.2K units)
Pressure-Reducing Iron Valve Exports in Vietnam
In 2022, after three years of growth, there was significant decline in shipments abroad of pressure-reducing, control, check and safety valves, when their volume decreased by -7% to 1.6M units. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 50% against the previous year. The exports peaked at 1.7M units in 2021, and then shrank in the following year.
In value terms, pressure-reducing iron valve exports reduced dramatically to $18M in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 79%. Over the period under review, the exports attained the peak figure at $22M in 2021, and then fell rapidly in the following year.
Export of Pressure-Reducing Iron Valve in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | N/A | 2.6 | 6.5 | 150.0% |
Netherlands | 0.7 | 1.1 | 3.4 | 4.4 | 84.6% |
South Korea | N/A | N/A | 1.5 | 1.2 | -20.0% |
United Kingdom | 0.8 | 0.9 | 0.3 | 0.2 | -37.0% |
Cambodia | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
Indonesia | 3.6 | 3.7 | 9.3 | N/A | 60.7% |
Mexico | 0.5 | 0.9 | N/A | N/A | 80.0% |
Myanmar | 0.1 | 0.1 | N/A | N/A | 0.0% |
Lao People's Democratic Republic | N/A | 4.9 | 0.2 | N/A | -95.9% |
Others | 2.2 | 2.6 | 4.5 | 5.8 | 38.1% |
Total | 8.0 | 14.4 | 21.9 | 18.1 | 31.3% |
Top Export Markets for Pressure-Reducing Iron Valve from Vietnam in 2022:
- United States (667.2K units)
- South Korea (330.1K units)
- Netherlands (276.6K units)
- Myanmar (14.4K units)
- United Kingdom (6.3K units)
This report provides an in-depth analysis of the pressure-reducing iron valve market in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the pressure-reducing iron valve market in Vietnam.
This report provides an in-depth analysis of the market for valves for pneumatic tyres and inner-tubes in Vietnam.
This report provides an in-depth analysis of the tap and valve market in Vietnam.
This report provides an in-depth analysis of the market for process control, gate, globe and other valves in Vietnam.
This report provides an in-depth analysis of the market for valves for the control of pneumatic power transmission for pipes, boiler shells, tanks and vats in Vietnam.
This report provides an in-depth analysis of the market for valves for the control of oleohydraulic power transmission for pipes, boiler shells, tanks and vats in Vietnam.
This report provides an in-depth analysis of the ball and plug valves market in Vietnam.
This report provides an in-depth analysis of the market for taps, cocks and valves for sinks, wash basins, bidets and water cisterns in Vietnam.
This report provides an in-depth analysis of the safety valve market in Vietnam.
This report provides an in-depth analysis of the market for process control valves for pipes, boiler shells and tanks in Vietnam.
Explore the world's best import markets for tap and valve products. Get key statistics and insights on the top countries importing these products. Discover the importance of these markets in the global trade of tap and valve.
In value terms, shavers, hair clippers and hair removing appliances imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to ...
In value terms, shavers, hair clippers and hair removing appliances exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to X>
In 2016, the amount of tap and valve imported worldwide stood at X tons, flattening at the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
In 2016, the amount of tap and valve imported worldwide stood at X tons, flattening at the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
Explore the top import markets for process control, gate, globe, and other valves. Find out the import values and key statistics of the world's leading countries. Discover the market trends and opportunities using IndexBox market intelligence platform.
Explore the world's best import markets for process control, gate, globe, and other valves. Get key statistics and numbers on the import value of valves in various countries.
Explore the world's best import markets for tap and valve products. Get key statistics and insights on the top countries importing these products. Discover the importance of these markets in the global trade of tap and valve.
In value terms, shavers, hair clippers and hair removing appliances imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to ...
In value terms, shavers, hair clippers and hair removing appliances exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to X>