Middle East: Butterfly Valve Market 2020

Butterfly Valve Market Size in Middle East

The revenue of the butterfly valve market in Middle East amounted to $X in 2017, increasing by X% against the previous year. The butterfly valve consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, when market value increased by X% against the previous year. The level of butterfly valve consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Butterfly Valve Production in Middle East

In 2017, approx. X units of butterfly valves were produced in Middle East; stabilizing at the previous year. The butterfly valve production continues to indicate a slight slump. The most prominent rate of growth was recorded in 2015, when it surged by X% against the previous year. Over the period under review, the butterfly valve production attained its maximum volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Butterfly Valve Exports in Middle East

The exports amounted to X units in 2017, standing approx. at the previous year. The butterfly valve exports continue to indicate a strong increase. The growth pace was the most rapid in 2012, with an increase of X% against the previous year. The volume of exports peaked of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, butterfly valve exports totaled $X in 2017. The butterfly valve exports continue to indicate a strong growth. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Butterfly Valve Exports by Country in Middle East

Turkey represented the main exporter of butterfly valves in Middle East, with the volume of exports amounting to X units, which was approx. X% of total exports in 2017. The United Arab Emirates (X units) took a X% share (based on tons) of total exports, which put it in second place, followed by Israel (X%). Saudi Arabia (X units) occupied the mild share of total exports.

Turkey was also the fastest growing in terms of the butterfly valves exports, with a CAGR of +X% from 2007 to 2017. At the same time, the United Arab Emirates (+X%) displayed positive paces of growth. Saudi Arabia experienced a relatively flat trend pattern. By contrast, Israel (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Israel increased by X% percentage points, while the United Arab Emirates (-X%) and Turkey (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest butterfly valve supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global exports. It was followed by Israel, with a X% share.

In Turkey, butterfly valve exports increased 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: the United Arab Emirates (+X% per year) and Israel (-X% per year).

Butterfly Valve Export Prices by Country in Middle East

The butterfly valve export price in Middle East stood at $X per unit in 2017, rising by X% against the previous year. The butterfly valve export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, an increase of X% against the previous year. The level of export price peaked of $X per unit in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Israel ($X per unit), while Turkey ($X per thousand units) was amongst the lowest.

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

Butterfly Valve Imports in Middle East

In 2017, imports of butterfly valves in Middle East amounted to X units, rising by X% against the previous year. The total imports indicated a prominent increase from 2007 to 2017: its volume 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 butterfly valve imports decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2012, when imports increased by X% against the previous year. The volume of imports peaked of X units in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, butterfly valve imports totaled $X in 2017. The total imports indicated a strong expansion 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 butterfly valve imports decreased by -X% against 2014 indices. Over the period under review, the butterfly valve imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Butterfly Valve Imports by Country in Middle East

The United Arab Emirates (X units) and Saudi Arabia (X units) represented roughly X% of total imports of butterfly valves in 2017. It was distantly followed by Turkey (X units), Iraq (X units), Iran (X units) and Oman (X units), together generating X% share of total imports. Kuwait (X units) occupied the mild share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Iraq (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest butterfly valve markets worldwide were Saudi Arabia ($X), the United Arab Emirates ($X) and Turkey ($X), with a combined X% share of total imports. These countries were followed by Iran, Oman, Kuwait and Iraq, which together accounted for a further X%.

Among the main importing countries , Iraq (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Butterfly Valve Import Prices by Country in Middle East

The butterfly valve import price in Middle East stood at $X per unit in 2017, falling by -X% against the previous year. The butterfly valve import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, an increase of X% against the previous year. The level of import price peaked of $X per unit in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Turkey ($X per unit), while Iraq ($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 Oman (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform