Finland - Process Control, Gate, Globe and Other Valves - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Finland - 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 Finland - 2023

Contents:

  1. Price for Process Control, Gate, Globe and Other Valves in Finland (FOB) - 2023
  2. Price for Process Control, Gate, Globe and Other Valves in Finland (CIF) - 2023
  3. Exports of Process Control, Gate, Globe and Other Valves in Finland
  4. Imports of Process Control, Gate, Globe and Other Valves in Finland

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

In September 2023, the average export price for process control, gate, globe and other valves amounted to $41,799 per ton, increasing by 13% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.6%. The growth pace was the most rapid in November 2022 when the average export price increased by 25% month-to-month. Over the period under review, the average export prices attained the maximum at $41,812 per ton in May 2023; afterwards, it flattened through to September 2023.

There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was the Netherlands ($78,254 per ton), while the average price for exports to Latvia ($15,034 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 China (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In September 2023, the average import price for process control, gate, globe and other valves amounted to $36,356 per ton, increasing by 13% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.4%. The growth pace was the most rapid in April 2023 an increase of 31% m-o-m. The import price peaked in September 2023.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Sweden ($52,876 per ton), while the price for Austria ($18,107 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 the Netherlands (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the third year in a row, Finland recorded decline in shipments abroad of process control, gate, globe and other valves, which decreased by -4.5% to 8K tons in 2022. In general, exports recorded a pronounced curtailment. The smallest decline of -0.3% was in 2021.

In value terms, exports of process control, gate, globe and other valves shrank to $265M in 2022. Over the period under review, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 2% against the previous year.

Export of Process Control, Gate, Globe and Other Valves in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany25.930.229.229.94.9%
China46.446.942.528.7-14.8%
Sweden27.225.128.528.51.6%
Russia31.719.021.615.9-20.5%
Poland7.69.214.610.19.9%
Estonia6.66.37.48.910.5%
France7.08.49.68.98.3%
United States13.38.87.58.6-13.5%
Indonesia1.22.72.08.592.0%
Netherlands10.39.38.98.4-6.6%
Italy10.07.98.47.3-10.0%
Spain6.23.72.95.8-2.2%
Denmark1.93.32.54.533.3%
Others12811611791.0-10.7%
Total323297303265-6.4%

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

  1. China (1148.2 tons)
  2. Sweden (1104.5 tons)
  3. Germany (778.3 tons)
  4. Poland (591.1 tons)
  5. Russia (363.5 tons)
  6. Indonesia (330.7 tons)
  7. United States (300.6 tons)
  8. Estonia (293.7 tons)
  9. France (261.1 tons)
  10. Italy (239.5 tons)
  11. Denmark (179.4 tons)
  12. Spain (176.5 tons)
  13. Netherlands (160.6 tons)

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

In 2022, approx. 9.5K tons of process control, gate, globe and other valves were imported into Finland; growing by 16% against the previous year. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of process control, gate, globe and other valves rose notably to $265M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Process Control, Gate, Globe and Other Valves in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany55.761.168.073.39.6%
Sweden22.428.527.330.711.1%
Italy23.119.825.427.05.3%
Poland20.223.623.723.65.3%
Denmark16.325.219.722.811.8%
China24.014.915.421.7-3.3%
Spain7.46.66.87.3-0.5%
Austria5.85.96.46.43.3%
Others56.248.442.852.1-2.5%
Total2312342352654.7%

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

  1. Germany (1.9K tons)
  2. Denmark (1.2K tons)
  3. China (1.1K tons)
  4. Italy (1.0K tons)
  5. Poland (1.0K tons)
  6. Sweden (0.9K tons)
  7. Austria (0.5K tons)
  8. Spain (0.4K 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 Finland. 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:

  • Finland

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Finland
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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