Belgium: Market for Process Control, Gate, Globe and Other Valves 2024

Market Size for Process Control, Gate, Globe and Other Valves in Belgium

The Belgian market for process control, gate, globe and other valves fell to $X in 2022, which is down by X% against the previous year. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Process Control, Gate, Globe and Other Valves in Belgium

In value terms, production of process control, gate, globe and other valves dropped to $X in 2022 estimated in export price. In general, production, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production of growth failed to regain momentum.

Exports of Process Control, Gate, Globe and Other Valves

Exports from Belgium

In 2022, shipments abroad of process control, gate, globe and other valves decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw moderate growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked at X tons in 2021, and then fell rapidly in the following year.

In value terms, exports of process control, gate, globe and other valves dropped to $X in 2022. Overall, exports, however, saw tangible growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

France (X tons), Germany (X tons) and the Netherlands (X tons) were the main destinations of exports of process control, gate, globe and other valves from Belgium, together accounting for X% of total exports. Spain, Italy, Poland, Portugal, the United States, Turkey, Luxembourg, Austria, the UK and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Germany ($X) constituted the largest markets for process control, gate, globe and other valves exported from Belgium worldwide, with a combined X% share of total exports. Spain, the United States, Italy, the UK, China, Poland, Turkey, Portugal, Luxembourg and Austria lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Spain, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for process control, gate, globe and other valves stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 the United States ($X per ton), while the average price for exports to Germany ($X 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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Process Control, Gate, Globe and Other Valves

Imports into Belgium

After two years of growth, supplies from abroad of process control, gate, globe and other valves decreased by X% to X tons in 2022. Over the period under review, imports, however, posted slight growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then fell sharply in the following year.

In value terms, imports of process control, gate, globe and other valves shrank slightly to $X in 2022. In general, total imports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

China (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of imports of process control, gate, globe and other valves to Belgium, with a combined X% share of total imports. The Netherlands, France, Spain, Austria and Denmark lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest process control, gate, globe and other valves suppliers to Belgium were Germany ($X), China ($X) and Italy ($X), with a combined X% share of total imports.

Among the main suppliers, China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for process control, gate, globe and other valves stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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