U.S. - Safety Or Relief Valves For Pipes, Boiler Shells, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

U.S. - Safety Or Relief Valves For Pipes, Boiler Shells, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights

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Safety Valve Price in the United States - 2023

Contents:

  1. Safety Valve Price in the United States (FOB) - 2023
  2. Safety Valve Price in the United States (CIF) - 2022
  3. Safety Valve Exports in the United States
  4. Safety Valve Imports in the United States

Safety Valve Price in the United States (FOB) - 2023

In September 2023, the average safety valve export price amounted to $177K per ton, shrinking by -19.6% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 44% against the previous month. As a result, the export price attained the peak level of $239K per ton. From August 2023 to September 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Canada ($318K per ton), while the average price for exports to Mexico ($42,796 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 Canada (+1.7%), while the prices for the other major destinations experienced a decline.

Safety Valve Price in the United States (CIF) - 2022

In 2022, the average safety valve import price amounted to $54,643 per ton, surging by 7.7% against the previous year. Over the period under review, the import price posted buoyant growth. The growth pace was the most rapid in 2019 when the average import price increased by 67%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($688,629 per ton), while the price for Mexico ($22,842 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Safety Valve Exports in the United States

For the third consecutive year, the United States recorded decline in overseas shipments of safety or relief valves for pipes, boiler shells, tanks and vats, which decreased by -27.8% to 4.3K tons in 2022. Over the period under review, exports continue to indicate a sharp slump. The smallest decline of -14.7% was in 2021.

In value terms, safety valve exports reduced to $750M in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 10% against the previous year. As a result, the exports reached the peak of $844M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Safety Valve in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada1411251231583.9%
Mexico11183.387.51140.9%
Germany63.764.161.375.25.7%
China42.349.741.943.71.1%
United Kingdom28.441.020.027.9-0.6%
United Arab Emirates19.928.515.016.8-5.5%
Singapore35.848.013416.3-23.1%
Norway10.449.78.412.15.2%
Others312355320286-2.9%
Total765844811750-0.7%

Top Export Markets for Safety Valve from the United States in 2022:

  1. Mexico (5149.5 tons)
  2. Canada (626.9 tons)
  3. China (306.4 tons)
  4. United Arab Emirates (263.1 tons)
  5. Norway (142.7 tons)
  6. Germany (126.6 tons)
  7. United Kingdom (124.6 tons)
  8. Singapore (73.9 tons)

Safety Valve Imports in the United States

In 2022, the amount of safety or relief valves for pipes, boiler shells, tanks and vats imported into the United States expanded remarkably to 8.5K tons, increasing by 12% on the previous year. In general, imports, however, saw a relatively flat trend pattern.

In value terms, safety valve imports surged to $466M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern indicated some 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 Safety Valve in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico84.471.810612413.7%
Germany54.441.550.953.3-0.7%
Canada57.734.437.051.8-3.5%
China30.421.730.344.513.5%
Italy22.420.325.531.411.9%
Taiwan (Chinese)28.829.830.431.32.8%
United Kingdom37.518.916.719.3-19.9%
France46.419.415.618.4-26.5%
Japan14.914.217.015.82.0%
Israel9.33.27.313.011.8%
Switzerland3.62.04.48.834.7%
Singapore0.91.13.24.874.7%
Others44.948.241.249.93.6%
Total4363273864662.2%

Top Suppliers of Safety Valve to the United States in 2022:

  1. Mexico (5427.7 tons)
  2. China (545.2 tons)
  3. Taiwan (Chinese) (486.3 tons)
  4. France (453.4 tons)
  5. Germany (304.2 tons)
  6. Japan (235.1 tons)
  7. Italy (231.8 tons)
  8. Israel (201.3 tons)
  9. Singapore (153.6 tons)
  10. Switzerland (135.5 tons)
  11. Canada (75.3 tons)
  12. United Kingdom (8.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the safety valve market in the U.S.. 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 28141180 - Safety or relief valves for pipes, boiler shells, tanks, vats and the like

Country coverage:

  • United States

Data coverage:

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