Report Update: May 1, 2024

Mexico - 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 Mexico - 2023

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

In October 2023, the average export price for process control, gate, globe and other valves amounted to $24,184 per ton, reducing by -6.7% against the previous month. Overall, export price indicated a moderate increase from October 2022 to October 2023: its price increased at an average monthly rate of +4.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for process control, gate, globe and other valves increased by +8.0% against July 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 33% against the previous month. Over the period under review, the average export prices attained the maximum at $25,910 per ton in September 2023, and then shrank in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($24,658 per ton), while the average price for exports to Panama amounted to $6,900 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.3%).

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

The average import price for process control, gate, globe and other valves stood at $7,375 per ton in October 2023, reducing by -62% against the previous month. In general, the import price showed a deep slump. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 104% against the previous month. Over the period under review, average import prices hit record highs at $23,397 per ton in November 2022; however, from December 2022 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($10,232 per ton), while the price for the United States ($4,123 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (-0.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of process control, gate, globe and other valves exported from Mexico skyrocketed to 97K tons, increasing by 27% compared with the previous year's figure. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 82%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of process control, gate, globe and other valves amounted to $1.8B in 2022. The total export value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Process Control, Gate, Globe and Other Valves in Mexico (Billion USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	1.4	1.3	1.5	1.6	4.6%
Others	0.1	0.1	0.1	0.1	0.0%
Total	1.6	1.4	1.6	1.8	4.0%

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

United States (90.2K tons)

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

In 2022, the amount of process control, gate, globe and other valves imported into Mexico rose markedly to 81K tons, surging by 6.3% against the previous year. Overall, imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by 78% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of process control, gate, globe and other valves rose rapidly to $1.7B in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 19%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Process Control, Gate, Globe and Other Valves in Mexico (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	714	588	638	713	-0.0%
China	294	302	405	482	17.9%
Germany	81.7	66.8	91.0	91.2	3.7%
Japan	66.7	52.8	56.5	56.3	-5.5%
Italy	58.1	40.4	45.7	50.7	-4.4%
South Korea	37.9	33.1	35.1	38.5	0.5%
Others	219	207	269	312	12.5%
Total	1,471	1,290	1,541	1,743	5.8%

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

China (40.7K tons)
United States (24.4K tons)
Japan (3.3K tons)
Italy (1.5K tons)
South Korea (1.4K tons)
Germany (1.2K 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 Mexico. 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:

Mexico

Data coverage:

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