Israel: Pressure-Reducing Iron Valve Market 2024

Pressure-Reducing Iron Valve Market Size in Israel

In 2022, the Israeli pressure-reducing iron valve market decreased by X% to $X, falling for the second year in a row after four years of growth. In general, consumption, however, posted strong growth. 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 Israel

In value terms, pressure-reducing iron valve production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Pressure-reducing iron valve production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Pressure-Reducing Iron Valve Exports

Exports from Israel

In 2022, shipments abroad of pressure-reducing, control, check and safety valves increased by X% to X units, rising for the second year in a row after three years of decline. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, pressure-reducing iron valve exports rose modestly to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Brazil (X units), the United States (X units) and Argentina (X units) were the main destinations of pressure-reducing iron valve exports from Israel, with a combined X% share of total exports. China, Taiwan (Chinese), India, Denmark, Chile, Australia, France, Germany, South Korea and Norway lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for pressure-reducing iron valve exported from Israel were Brazil ($X), the United States ($X) and Argentina ($X), together accounting for X% of total exports. China, Taiwan (Chinese), India, Denmark, Australia, Germany, France, Chile, South Korea and Norway lagged somewhat behind, together accounting for a further X%.

Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average pressure-reducing iron valve export price amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pressure-Reducing Iron Valve Imports

Imports into Israel

In 2022, approx. X units of pressure-reducing, control, check and safety valves were imported into Israel; waning by X% compared with 2021 figures. Over the period under review, imports, however, recorded a slight increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, pressure-reducing iron valve imports fell markedly to $X in 2022. In general, imports, however, showed pronounced growth. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X units), the United States (X units) and Germany (X units) were the main suppliers of pressure-reducing iron valve imports to Israel, with a combined X% share of total imports. Taiwan (Chinese), China, Switzerland, France, Denmark, Belgium, Sweden and Japan lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest pressure-reducing iron valve suppliers to Israel were Italy ($X), the United States ($X) and Germany ($X), with a combined X% share of total imports. Taiwan (Chinese), China, Switzerland, France, Denmark, Belgium, Sweden and Japan lagged somewhat behind, together accounting for a further X%.

Taiwan (Chinese), with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average pressure-reducing iron valve import price amounted to $X per unit, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Denmark ($X per unit) and the United States ($X per unit), while the price for Italy ($X per unit) and France ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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