EU: Check Valve Market 2024

Check Valve Market Size in the EU

In 2022, the EU check valve market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Check Valve Production in the EU

In value terms, check valve production reached $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Check Valve Exports

Exports in the EU

Check valve exports reduced slightly to X tons in 2022, dropping by X% compared with the previous year's figure. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, check valve exports reduced to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; 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%. Over the period under review, the exports attained the peak figure at $X in 2019; afterwards, it flattened through to 2022.

Exports by Country

Italy (X tons) and Germany (X tons) were the key exporters of check valves for pipes, boiler shells, tanks and vats in 2022, finishing at approx. X% and X% of total exports, respectively. Spain (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by France (X%), the Netherlands (X%), Poland (X%) and the Czech Republic (X%).

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

In value terms, Germany ($X) remains the largest check valve supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Italy ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany stood at X%. In the other countries, the average annual rates were as follows: Italy (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the export price increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

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

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

Check Valve Imports

Imports in the EU

In 2022, approx. X tons of check valves for pipes, boiler shells, tanks and vats were imported in the European Union; rising by X% compared with the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, check valve imports rose slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

The countries with the highest levels of check valve imports in 2022 were Germany (X tons), France (X tons), Italy (X tons), Spain (X tons), Poland (X tons), Belgium (X tons), the Netherlands (X tons) and Ireland (X tons), together resulting at X% of total import. The Czech Republic (X tons), Austria (X tons), Denmark (X tons), Hungary (X tons) and Romania (X tons) followed a long way behind the leaders.

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

In value terms, the largest check valve importing markets in the European Union were Germany ($X), France ($X) and Italy ($X), with a combined X% share of total imports. The Netherlands, Poland, Belgium, Spain, the Czech Republic, Austria, Ireland, Hungary, Denmark and Romania lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Ireland, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the import price in the European Union amounted to $X per ton, stabilizing at the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per ton), while Spain ($X per ton) 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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