Middle East: Sink Valve Market 2020

Sink Valve Market Size in Middle East

The revenue of the sink valve market in Middle East amounted to $X in 2017, picking up by X% against the previous year. The sink valve consumption continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2012, when market value increased by X% y-o-y. Over the period under review, the sink valve market reached its maximum level in 2017, and is expected to retain its growth in the near future.

Sink Valve Production in Middle East

The sink valve production totaled X units in 2017, picking up by X% against the previous year. The sink valve production continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2012, when the output figure increased by X% against the previous year. The volume of sink valve production peaked in 2017, and is expected to retain its growth in the immediate term.

Sink Valve Exports in Middle East

In 2017, approx. X units of taps, cocks and valves for sinks, wash basins, bidets and water cisterns were exported in Middle East; flattening at the previous year. The sink valve exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2012, when exports increased by X% year-to-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, sink valve exports amounted to $X in 2017. The sink valve exports continue to indicate a strong expansion. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Sink Valve Exports by Country in Middle East

Turkey represented the largest exporting country with an export of about X units, which finished at X% of total exports. The United Arab Emirates (X units) ranks second in terms of the global exports with a X% share, followed by Israel (X%). Saudi Arabia (X units) followed a long way behind the leaders.

Turkey was also the fastest growing in terms of the taps, cocks and valves for sinks, wash basins, bidets and water cisterns 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. While the share of Israel (X%) increased significantly in terms of the global exports from 2007-2017, the share of the United Arab Emirates (-X%) and Turkey (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Turkey, sink 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).

Sink Valve Export Prices by Country in Middle East

The sink valve export price in Middle East stood at $X per unit in 2017, coming up by X% against the previous year. The sink valve export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017, an increase of X% against the previous year. Over the period under review, the export prices for taps, cocks and valves for sinks, wash basins, bidets and water cisterns attained its maximum level of $X per unit in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, 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.

Sink Valve Imports in Middle East

The imports stood at X units in 2017, rising by X% against the previous year. The total imports indicated a strong expansion 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 sink valve imports decreased by -X% against 2013 indices. The pace of growth appeared the most rapid in 2012, with an increase of X% y-o-y. Over the period under review, the sink valve imports attained its maximum volume of X units in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, sink valve imports amounted to $X in 2017. The total imports indicated a remarkable 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 sink valve imports decreased by -X% against 2014 indices. Over the period under review, the sink valve imports attained its maximum level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Sink 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 taps, cocks and valves for sinks, wash basins, bidets and water cisterns in 2017. Turkey (X units) held the second position in the ranking, followed by Iraq (X units), Iran (X units) and Oman (X units). All these countries together took near X% share of total imports. Kuwait (X units) took the slight 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 sink valve markets worldwide were Saudi Arabia ($X), the United Arab Emirates ($X) and Turkey ($X), with a combined X% share of total imports. Iran, Oman, Kuwait and Iraq lagged somewhat behind, together accounting for a further X%.

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

Sink Valve Import Prices by Country in Middle East

The sink valve import price in Middle East stood at $X per unit in 2017, waning by -X% against the previous year. The sink valve import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when the import prices increased by X% against the previous year. Over the period under review, the import prices for taps, cocks and valves for sinks, wash basins, bidets and water cisterns attained its maximum level 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