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

Sri Lanka - 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 Sri Lanka - 2022

Contents:

  1. Price for Process Control, Gate, Globe and Other Valves in Sri Lanka (CIF) - 2022
  2. Price for Process Control, Gate, Globe and Other Valves in Sri Lanka (FOB) - 2022
  3. Imports of Process Control, Gate, Globe and Other Valves in Sri Lanka
  4. Exports of Process Control, Gate, Globe and Other Valves in Sri Lanka

Price for Process Control, Gate, Globe and Other Valves in Sri Lanka (CIF) - 2022

The average import price for process control, gate, globe and other valves stood at $12,772 per ton in 2022, picking up by 1.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2018 an increase of 25% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($44,996 per ton), while the price for China ($5,536 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Process Control, Gate, Globe and Other Valves in Sri Lanka (FOB) - 2022

In 2022, the average export price for process control, gate, globe and other valves amounted to $7,017 per ton, shrinking by -5.4% against the previous year. In general, the export price showed a mild curtailment. The pace of growth appeared the most rapid in 2018 an increase of 100%. As a result, the export price attained the peak level of $23,220 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mali ($13,320 per ton), while the average price for exports to Thailand ($4,876 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mali (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Process Control, Gate, Globe and Other Valves in Sri Lanka

In 2022, the amount of process control, gate, globe and other valves imported into Sri Lanka shrank remarkably to 3.3K tons, declining by -22.4% against the previous year's figure. Over the period under review, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 3.9% against the previous year.

In value terms, imports of process control, gate, globe and other valves shrank remarkably to $42M in 2022. In general, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year.

Import of Process Control, Gate, Globe and Other Valves in Sri Lanka (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20.122.121.911.4-17.2%
India2.74.75.92.92.4%
Malaysia3.73.23.82.9-7.8%
South Korea0.60.80.22.969.1%
Germany2.91.31.52.8-1.2%
Italy1.30.60.81.67.2%
France6.30.70.20.4-60.1%
Thailand1.51.01.30.1-59.5%
Others21.611.517.917.2-7.3%
Total60.745.953.542.3-11.3%

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

  1. China (2051.1 tons)
  2. Malaysia (362.6 tons)
  3. India (302.4 tons)
  4. South Korea (187.8 tons)
  5. Italy (96.7 tons)
  6. Germany (62.7 tons)
  7. France (15.8 tons)
  8. Thailand (9.9 tons)

Exports of Process Control, Gate, Globe and Other Valves in Sri Lanka

In 2022, approx. 228 tons of process control, gate, globe and other valves were exported from Sri Lanka; jumping by 52% compared with 2021 figures. In general, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 272%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, exports of process control, gate, globe and other valves soared to $1.6M in 2022. Overall, exports recorded a modest expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 144%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Process Control, Gate, Globe and Other Valves in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand654N/A1237615.2%
Australia257151262205-7.3%
Maldives12235.684.765.8-18.6%
India84.611.342.546.7-18.0%
Seychelles6.90.4N/A28.259.9%
Pakistan144N/A2.122.6-46.1%
Bangladesh55.10.852.521.4-27.0%
Oman98.413777.72.8-69.5%
Others12711946944451.8%
Total1,5504561,1131,5971.0%

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

  1. Thailand (156.0 tons)
  2. Australia (22.2 tons)
  3. India (8.8 tons)
  4. Maldives (6.9 tons)
  5. Seychelles (4.3 tons)
  6. Pakistan (2.2 tons)
  7. Bangladesh (0.5 tons)
  8. Oman (0.1 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 Sri Lanka. 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:

  • Sri Lanka

Data coverage:

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