Report Update: May 1, 2024

Belgium - Process Control, Gate, Globe and Other Valves - Market Analysis, Forecast, Size, Trends And Insights

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Price for Process Control, Gate, Globe and Other Valves in Belgium - 2023

Price for Process Control, Gate, Globe and Other Valves in Belgium (CIF) - 2023

The average import price for process control, gate, globe and other valves stood at $20,130 per ton in September 2023, shrinking by -17.8% against the previous month. In general, the import price recorded a mild descent. The pace of growth appeared the most rapid in December 2022 an increase of 57% month-to-month. As a result, import price attained the peak level of $27,537 per ton. From January 2023 to September 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was France ($35,962 per ton), while the price for Thailand ($7,056 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Spain (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Process Control, Gate, Globe and Other Valves in Belgium (FOB) - 2023

In September 2023, the average export price for process control, gate, globe and other valves amounted to $32,588 per ton, surging by 1.6% against the previous month. In general, export price indicated slight growth from September 2022 to September 2023: its price increased at an average monthly rate of +1.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, export price for process control, gate, globe and other valves increased by +18.4% against July 2023 indices. The pace of growth was the most pronounced in April 2023 when the average export price increased by 189% against the previous month. As a result, the export price attained the peak level of $33,342 per ton. From May 2023 to September 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was the UK ($47,892 per ton), while the average price for exports to Egypt ($8,060 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Process Control, Gate, Globe and Other Valves in Belgium

In 2022, after three years of growth, there was significant decline in overseas purchases of process control, gate, globe and other valves, when their volume decreased by -46.3% to 46K tons. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 139%. As a result, imports attained the peak of 86K tons, and then dropped remarkably in the following year.

In value terms, imports of process control, gate, globe and other valves dropped slightly to $897M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 33%.

Import of Process Control, Gate, Globe and Other Valves in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	200	218	247	223	3.7%
China	30.2	123	160	157	73.2%
Italy	79.8	92.0	116	110	11.3%
France	48.1	66.1	75.2	88.5	22.5%
Netherlands	55.4	57.8	67.6	65.0	5.5%
Spain	12.2	13.4	13.6	19.9	17.7%
Austria	10.7	14.8	17.5	18.2	19.4%
Others	125	164	200	214	19.6%
Total	562	749	897	897	16.9%

Top Suppliers of Process Control, Gate, Globe and Other Valves to Belgium in 2022:

China (11.9K tons)
Germany (8.9K tons)
Italy (4.8K tons)
Netherlands (4.6K tons)
France (2.8K tons)
Spain (1.0K tons)
Austria (0.8K tons)

Exports of Process Control, Gate, Globe and Other Valves in Belgium

After three years of growth, overseas shipments of process control, gate, globe and other valves decreased by -18.6% to 21K tons in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 157%.

In value terms, exports of process control, gate, globe and other valves contracted to $636M in 2022. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 73% against the previous year.

Export of Process Control, Gate, Globe and Other Valves in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	34.7	95.8	127	111	47.3%
Netherlands	45.2	53.8	64.8	66.3	13.6%
Germany	22.7	43.4	70.0	54.8	34.1%
Spain	7.1	30.5	38.0	48.2	89.3%
United States	24.0	30.1	30.7	32.3	10.4%
Italy	10.2	25.3	31.5	29.9	43.1%
United Kingdom	10.1	18.7	25.2	21.0	27.6%
China	8.9	17.5	28.7	19.2	29.2%
Poland	9.4	13.9	20.8	17.9	23.9%
Turkey	6.1	8.2	10.4	12.1	25.6%
Portugal	1.2	9.2	12.5	11.7	113.6%
Luxembourg	9.7	9.5	13.1	10.6	3.0%
Austria	3.1	6.3	7.9	7.2	32.4%
Others	138	208	223	194	12.0%
Total	330	570	703	636	24.4%

Top Export Markets for Process Control, Gate, Globe and Other Valves from Belgium in 2022:

France (3.9K tons)
Germany (3.1K tons)
Netherlands (2.7K tons)
Spain (1.8K tons)
Italy (1.1K tons)
Poland (0.8K tons)
Portugal (0.6K tons)
Turkey (0.5K tons)
United States (0.5K tons)
United Kingdom (0.4K tons)
Luxembourg (0.4K tons)
Austria (0.4K tons)
China (0.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for process control, gate, globe and other valves in Belgium. 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 28141233 - Mixing valves for sinks, wash basins, bidets, water cisterns etc. excluding valves for pressure-reducing or oleohydraulic/pneumatic power transmissions, check valves, s afety/relief valves
Prodcom 28141235 - Taps, cocks and valves for sinks, wash basins, bidets, water cisterns etc. excluding valves for pressurereducing/ oleohydraulic transmissions, check, safety, relief and mixing valves
Prodcom 28141253 - Central heating radiator thermostatic valves
Prodcom 28141255 - Central heating radiator valves, other
Prodcom 28141170 - Valves for pneumatic tyres and inner-tubes
Prodcom 28141315 - Process control valves for pipes, boiler shells, tanks etc. excluding valves for pressure-reducing or oleohydraulic/pneumatic power transmissions, check, s afety/relief valves, temp. regulators
Prodcom 28141353 - Globe valves, of cast iron
Prodcom 28141355 - Globe valves, of steel
Prodcom 28141373 - Ball and plug valves
Prodcom 28141375 - Butterfly valves
Prodcom 28141377 - Diaphragm valves

Country coverage:

Belgium

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belgium
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
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
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