Eastern Europe: Pressure-Reducing Iron Valve Market 2024

Pressure-Reducing Iron Valve Market Size in Eastern Europe

In 2022, the East European pressure-reducing iron valve market decreased by X% to $X, falling for the second year in a row after four years of growth. The total consumption indicated a measured increase 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 decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Pressure-Reducing Iron Valve Production in Eastern Europe

In value terms, pressure-reducing iron valve production rose slightly to $X in 2022 estimated in export price. The total production indicated a perceptible increase 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Pressure-Reducing Iron Valve Exports

Exports in Eastern Europe

In 2022, overseas shipments of pressure-reducing, control, check and safety valves increased by X% to X units, rising for the sixth year in a row after two years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, pressure-reducing iron valve exports amounted to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Hungary was the major exporting country with an export of about X units, which recorded X% of total exports. The Czech Republic (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Poland (X%), Romania (X%), Bulgaria (X%), Belarus (X%) and Russia (X%).

From 2012 to 2022, average annual rates of growth with regard to pressure-reducing iron valve exports from Hungary stood at X%. At the same time, Bulgaria (X%), Belarus (X%) and Poland (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. The Czech Republic experienced a relatively flat trend pattern. By contrast, Russia (X%) and Romania (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Hungary, Bulgaria, Poland and Belarus increased by X, X, X and X percentage points, respectively.

In value terms, the largest pressure-reducing iron valve supplying countries in Eastern Europe were Hungary ($X), the Czech Republic ($X) and Poland ($X), together accounting for X% of total exports. Romania, Bulgaria, Russia and Belarus lagged somewhat behind, together accounting for a further X%.

Bulgaria, with a CAGR of X%, recorded the highest growth rate of 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

The export price in Eastern Europe stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the export price recorded a mild setback. The growth pace was the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 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 Romania ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Pressure-Reducing Iron Valve Imports

Imports in Eastern Europe

In 2022, after six years of growth, there was significant decline in overseas purchases of pressure-reducing, control, check and safety valves, when their volume decreased by X% to X units. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure at X units in 2021, and then dropped in the following year.

In value terms, pressure-reducing iron valve imports shrank slightly to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, Russia (X units), distantly followed by Poland (X units), the Czech Republic (X units), Romania (X units), Belarus (X units), Hungary (X units) and Ukraine (X units) were the key importers of pressure-reducing, control, check and safety valves, together comprising X% of total imports.

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

In value terms, the Czech Republic ($X), Poland ($X) and Russia ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports. Hungary, Romania, Ukraine and Belarus lagged somewhat behind, together comprising a further X%.

Hungary, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, approximately equating the previous year. In general, the import price, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 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 the Czech Republic ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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