Sweden: Market for Process Control, Gate, Globe and Other Valves 2024

Market Size for Process Control, Gate, Globe and Other Valves in Sweden

The Swedish market for process control, gate, globe and other valves expanded rapidly to $X in 2022, picking up by X% against the previous year. In general, consumption showed strong growth. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Production of Process Control, Gate, Globe and Other Valves in Sweden

In value terms, production of process control, gate, globe and other valves contracted to $X in 2022 estimated in export price. Overall, production recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2020 with an increase of X%. Production of peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Process Control, Gate, Globe and Other Valves

Exports from Sweden

In 2022, overseas shipments of process control, gate, globe and other valves increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a pronounced curtailment. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of process control, gate, globe and other valves amounted to $X in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Norway (X tons), Poland (X tons) and Germany (X tons) were the main destinations of exports of process control, gate, globe and other valves from Sweden, together comprising X% of total exports. Denmark, Finland, China, Austria, the United States, Italy, the UK, France, Latvia and the Czech Republic lagged somewhat behind, together accounting for a further X%.

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

In value terms, Norway ($X), Germany ($X) and the United States ($X) appeared to be the largest markets for process control, gate, globe and other valves exported from Sweden worldwide, with a combined X% share of total exports. China, Finland, Denmark, Poland, Austria, the UK, France, Italy, the Czech Republic and Latvia lagged somewhat behind, together comprising a further X%.

Austria, with a CAGR of X%, saw 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

The average export price for process control, gate, globe and other valves stood at $X per ton in 2022, leveling off at the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.

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

Imports of Process Control, Gate, Globe and Other Valves

Imports into Sweden

In 2022, the amount of process control, gate, globe and other valves imported into Sweden expanded markedly to X tons, with an increase of X% compared with the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of process control, gate, globe and other valves expanded notably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

China (X tons), Denmark (X tons) and Germany (X tons) were the main suppliers of imports of process control, gate, globe and other valves to Sweden, together comprising X% of total imports. Italy, Poland, Finland, Spain, France, the Czech Republic, Austria, the United States, Portugal and the UK lagged somewhat behind, together accounting for a further X%.

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

In value terms, Germany ($X), Denmark ($X) and China ($X) constituted the largest process control, gate, globe and other valves suppliers to Sweden, with a combined X% share of total imports. Italy, Poland, Finland, the United States, France, the UK, the Czech Republic, Spain, Austria and Portugal lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the United States, 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

The average import price for process control, gate, globe and other valves stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :