CIS: Check Valve Market 2024

Check Valve Market Size in CIS

The CIS check valve market contracted to $X in 2022, reducing by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Check Valve Production in CIS

In value terms, check valve production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Check Valve Exports

Exports in CIS

In 2022, approx. X tons of check valves for pipes, boiler shells, tanks and vats were exported in the CIS; dropping by X% compared with the year before. Over the period under review, exports, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then contracted sharply in the following year.

In value terms, check valve exports rose markedly to $X in 2022. Total exports indicated a notable 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Belarus (X tons) and Russia (X tons) represented the key exporters of check valves for pipes, boiler shells, tanks and vats in the CIS, together achieving X% of total exports. It was distantly followed by Kazakhstan (X tons), achieving an X% share of total exports. Armenia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Armenia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest check valve supplying countries in the CIS were Russia ($X), Belarus ($X) and Kazakhstan ($X), with a combined X% share of total exports. Armenia lagged somewhat behind, comprising a further X%.

Armenia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2015 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per ton), while Armenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced a decline in the export price figures.

Check Valve Imports

Imports in CIS

In 2022, approx. X tons of check valves for pipes, boiler shells, tanks and vats were imported in the CIS; reducing by X% against the previous year's figure. Total imports indicated a tangible increase from 2012 to 2022: its volume 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 2020 indices. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2021, and then shrank in the following year.

In value terms, check valve imports shrank notably to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Russia (X tons) represented the largest importer of check valves for pipes, boiler shells, tanks and vats, committing X% of total imports. It was distantly followed by Kazakhstan (X tons) and Uzbekistan (X tons), together committing a X% share of total imports. Belarus (X tons) and Azerbaijan (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Kazakhstan (X%), Azerbaijan (X%) and Belarus (X%) illustrated a downward trend over the same period. Russia (X p.p.) and Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while Azerbaijan, Belarus and Kazakhstan saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, Russia ($X) constitutes the largest market for imported check valves for pipes, boiler shells, tanks and vats in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Azerbaijan, with a X% share.

In Russia, check valve imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Azerbaijan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the import price recorded a mild curtailment. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Azerbaijan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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