Singapore - Process Control, Gate, Globe and Other Valves - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Process Control, Gate, Globe and Other Valves in Singapore - 2022
Contents:
- Price for Process Control, Gate, Globe and Other Valves in Singapore (CIF) - 2022
- Price for Process Control, Gate, Globe and Other Valves in Singapore (FOB) - 2022
- Imports of Process Control, Gate, Globe and Other Valves in Singapore
- Exports of Process Control, Gate, Globe and Other Valves in Singapore
Price for Process Control, Gate, Globe and Other Valves in Singapore (CIF) - 2022
In 2022, the average import price for process control, gate, globe and other valves amounted to $34,085 per ton, increasing by 12% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($34,085 per ton) and India ($34,085 per ton), while the price for Malaysia ($34,085 per ton) and Italy ($34,085 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Process Control, Gate, Globe and Other Valves in Singapore (FOB) - 2022
In 2022, the average export price for process control, gate, globe and other valves amounted to $34,690 per ton, growing by 3.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2013 an increase of 8.6% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Vietnam ($34,690 per ton) and Australia ($34,690 per ton), while the average price for exports to the UK ($34,690 per ton) and Thailand ($34,690 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Process Control, Gate, Globe and Other Valves in Singapore
In 2022, after three years of growth, there was decline in overseas purchases of process control, gate, globe and other valves, when their volume decreased by -3.7% to 29K tons. The total import volume increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 9.6% against the previous year. As a result, imports reached the peak of 30K tons, and then fell in the following year.
In value terms, imports of process control, gate, globe and other valves expanded rapidly to $984M in 2022. The total import value increased at an average annual rate of +9.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 10%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Process Control, Gate, Globe and Other Valves in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 213 | 192 | 227 | 243 | 4.5% |
China | 79.6 | 92.7 | 118 | 137 | 19.8% |
United Kingdom | 54.5 | 49.8 | 42.4 | 94.1 | 20.0% |
Japan | 44.8 | 58.4 | 85.5 | 73.7 | 18.0% |
France | 28.9 | 26.5 | 34.3 | 59.3 | 27.1% |
Malaysia | 39.4 | 53.8 | 43.6 | 54.0 | 11.1% |
Italy | 88.5 | 138 | 115 | 49.4 | -17.7% |
Germany | 34.7 | 33.5 | 44.2 | 48.7 | 12.0% |
India | 23.2 | 40.0 | 31.3 | 33.4 | 12.9% |
Taiwan (Chinese) | 11.4 | 9.6 | 18.2 | 27.6 | 34.3% |
South Korea | 15.3 | 16.2 | 27.1 | 25.3 | 18.3% |
Ireland | 4.1 | 5.9 | 9.2 | 19.1 | 67.0% |
Indonesia | 20.2 | 10.5 | 8.3 | 17.7 | -4.3% |
Others | 92.6 | 102 | 107 | 102 | 3.3% |
Total | 750 | 829 | 911 | 984 | 9.5% |
Top Suppliers of Process Control, Gate, Globe and Other Valves to Singapore in 2022:
- United States (7.1K tons)
- China (4.0K tons)
- United Kingdom (2.8K tons)
- Japan (2.2K tons)
- France (1.7K tons)
- Malaysia (1.6K tons)
- Italy (1.4K tons)
- Germany (1.4K tons)
- India (1.0K tons)
- Taiwan (Chinese) (0.8K tons)
- South Korea (0.7K tons)
- Ireland (0.6K tons)
- Indonesia (0.5K tons)
Exports of Process Control, Gate, Globe and Other Valves in Singapore
For the fourth year in a row, Singapore recorded growth in shipments abroad of process control, gate, globe and other valves, which increased by 2.5% to 23K tons in 2022. The total export volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 9.6% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of process control, gate, globe and other valves rose rapidly to $793M in 2022. The total export value increased at an average annual rate of +8.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 9.2% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
Export of Process Control, Gate, Globe and Other Valves in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 57.2 | 63.8 | 73.6 | 137 | 33.8% |
Indonesia | 86.7 | 104 | 115 | 82.2 | -1.8% |
Malaysia | 100 | 79.5 | 64.6 | 66.1 | -12.9% |
Saudi Arabia | 15.1 | 23.3 | 72.6 | 48.8 | 47.8% |
United States | 43.0 | 29.3 | 39.8 | 46.9 | 2.9% |
United Arab Emirates | 43.3 | 89.8 | 101 | 44.5 | 0.9% |
Thailand | 27.3 | 22.8 | 28.7 | 41.2 | 14.7% |
Japan | 42.1 | 35.5 | 28.2 | 37.3 | -4.0% |
Australia | 13.0 | 12.6 | 21.9 | 31.5 | 34.3% |
United Kingdom | 9.8 | 11.9 | 23.4 | 27.3 | 40.7% |
Vietnam | 12.7 | 11.8 | 9.0 | 20.8 | 17.9% |
Qatar | 7.8 | 17.9 | 16.7 | 20.2 | 37.3% |
Brazil | 1.7 | 7.3 | 7.9 | 14.6 | 104.8% |
Others | 170 | 178 | 142 | 175 | 1.0% |
Total | 630 | 688 | 744 | 793 | 8.0% |
Top Export Markets for Process Control, Gate, Globe and Other Valves from Singapore in 2022:
- China (4.0K tons)
- Indonesia (2.4K tons)
- Malaysia (1.9K tons)
- United States (1.4K tons)
- Saudi Arabia (1.4K tons)
- United Arab Emirates (1.3K tons)
- Thailand (1.2K tons)
- Japan (1.1K tons)
- Australia (0.9K tons)
- United Kingdom (0.8K tons)
- Qatar (0.6K tons)
- Vietnam (0.6K tons)
- Brazil (0.4K tons)
This report provides an in-depth analysis of the market for process control, gate, globe and other valves in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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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