CIS: Steel Globe Valves Market 2020

Steel Globe Valves Market Size in CIS

The revenue of the steel globe valves market in CIS amounted to $X in 2017, surging by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations over the period under review. The pace of growth appeared the most rapid in 2010, with an increase of X% against the previous year. Over the period under review, the steel globe valves market reached its maximum level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Steel Globe Valves Production in CIS

In 2017, production of globe valves, of steel in CIS stood at X units, approximately equating the previous year. The steel globe valves production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, with an increase of X% year-to-year. Over the period under review, the steel globe valves production attained its maximum volume in 2017, and is expected to retain its growth in the near future.

Steel Globe Valves Exports in CIS

In 2017, steel globe valves exports in CIS stood at X units, jumping by X% against the previous year. The steel globe valves exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, when exports increased by X% year-to-year. Over the period under review, the steel globe valves exports attained its peak figure volume of X units in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, steel globe valves exports stood at $X in 2017. The total exports indicated a moderate increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the steel globe valves exports decreased by -X% against 2012 indices. In that year, the steel globe valves exports reached their peak level of $X. From 2013 to 2017, growth of the steel globe valves exports stood at a somewhat lower level.

Steel Globe Valves Exports by Country in CIS

In 2017, Russia (X units) represented the key exporter for globe valves, of steel, committing X% of total exports. It was distantly followed by Belarus (X units) and Kazakhstan (X units), together making up X% share of total exports.

Russia experienced a relatively flat trend pattern of globe valves, of steel exports. At the same time, Belarus (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. Russia (X%) significantly strengthened its position in terms of the global exports, while Kazakhstan and Belarus saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

In value terms, Russia ($X) remains the largest steel globe valves supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global exports. It was followed by Kazakhstan, with a X% share.

In Russia, steel globe valves exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (+X% per year) and Kazakhstan (+X% per year).

Steel Globe Valves Export Prices by Country in CIS

The steel globe valves export price in CIS stood at $X per unit in 2017, going up by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when it surged by X% year-to-year. Over the period under review, the export prices for globe valves, of steel reached its peak figure level of $X per unit in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Belarus ($X per unit) and Russia ($X per unit), while Kazakhstan ($X per unit) and Russia ($X per unit) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kazakhstan (+X% per year), while the other leaders experienced more modest paces of growth.

Steel Globe Valves Imports in CIS

In 2017, approx. X units of globe valves, of steel were imported in CIS; going up by X% against the previous year. The steel globe valves imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2012, when it surged by X% year-to-year. In that year, the steel globe valves imports attained their peak volume of X units. From 2013 to 2017, growth of the steel globe valves imports failed to regain its momentum.

In value terms, steel globe valves imports amounted to $X in 2017. The steel globe valves imports continue to indicate a strong growth. Over the period under review, the steel globe valves imports attained its peak figure level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Steel Globe Valves Imports by Country in CIS

Russia dominates steel globe valves imports structure, amounting to X units, which was approx. X% of total imports in 2017. Kazakhstan (X units) took a X% share (based on tons) of total imports, which put it in second place, followed by Belarus (X%) and Azerbaijan (X%).

From 2007 to 2017, average annual rates of growth with regard to steel globe valves imports into Russia stood at +X%. At the same time, Azerbaijan (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. Kazakhstan experienced a relatively flat trend pattern. Belarus (-X%), Azerbaijan (-X%) and Russia (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported globe valves, of steel in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports. It was followed by Azerbaijan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Russia totaled +X%. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Azerbaijan (+X% per year).

Steel Globe Valves Import Prices by Country in CIS

In 2017, the steel globe valves import price in CIS amounted to $X per thousand units, picking up by X% against the previous year. The steel globe valves import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when it surged by X% year-to-year. The level of import price peaked of $X per unit in 2009; however, from 2010 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Azerbaijan ($X per unit), while Russia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kazakhstan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform