Northern America: Plug Valve Market 2020

Plug Valve Market Size in Northern America

The revenue of the plug valve market in Northern America amounted to $X in 2017, declining by -X% against the previous year. The plug valve consumption continues to indicate a measured drop. The pace of growth was the most pronounced in 2011, with an increase of X% y-o-y. Over the period under review, the plug valve market attained its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Plug Valve Production in Northern America

Canada (X units) remains the largest plug valve producing country in Northern America, accounting for X% of total production.

Plug Valve Exports in Northern America

The exports totaled X units in 2017, going down by -X% against the previous year. The total exports 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 plug valve exports decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. The volume of exports peaked of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, plug valve exports totaled $X in 2017. The total exports 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 plug valve exports decreased by -X% against 2014 indices. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Plug Valve Exports by Country in Northern America

The countries with the highest levels of plug valve exports in 2017 were the U.S. (X units), together recording X% of total export.

The U.S. was also the fastest growing in terms of the ball and plug valves exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of the U.S. decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest plug valve supplier in Northern America.

In the U.S., plug valve exports expanded at an average annual rate of +X% over the period from 2007-2017.

Plug Valve Export Prices by Country in Northern America

The plug valve export price in Northern America stood at $X per unit in 2017, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017, when the export prices increased by X% y-o-y. In that year, the export prices for ball and plug valves reached their peak level, and is likely to continue its growth in the immediate term.

As there is only one major export destination, the average price level is determined by export prices for the U.S..

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year).

Plug Valve Imports in Northern America

In 2017, approx. X units of ball and plug valves were imported in Northern America; surging by X% against the previous year. The total imports indicated a temperate 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 plug valve imports decreased by -X% against 2014 indices. The growth pace was the most rapid in 2010, with an increase of X% y-o-y. The volume of imports peaked of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, plug valve imports totaled $X in 2017. The total imports indicated a significant growth 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 plug valve imports decreased by -X% against 2014 indices. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Plug Valve Imports by Country in Northern America

In 2017, the U.S. (X units) represented the key importers of ball and plug valves in Northern America, making up X% of total import.

The U.S. was also the fastest growing in terms of the ball and plug valves imports, with a CAGR of +X% from 2007 to 2017. While the share of the U.S. (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported ball and plug valves in Northern America.

In the U.S., plug valve imports increased at an average annual rate of +X% over the period from 2007-2017.

Plug Valve Import Prices by Country in Northern America

The plug valve import price in Northern America stood at $X per unit in 2017, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013, when it surged by X% year-to-year. In that year, the import prices for ball and plug valves attained their peak level of $X per unit. From 2014 to 2017, growth of the import prices for ball and plug valves failed to regain its momentum.

As there is only one major export destination, the average price level is determined by import prices for the U.S..

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year).

Source: IndexBox Platform