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

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

In 2022, after two years of decline, there was growth in the Tunisian market for process control, gate, globe and other valves, when its value increased by X% to $X. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Exports of Process Control, Gate, Globe and Other Valves

Exports from Tunisia

In 2022, shipments abroad of process control, gate, globe and other valves increased by X% to X tons, rising for the second year in a row after three years of decline. Overall, exports, however, continue to indicate a perceptible contraction. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of process control, gate, globe and other valves rose notably to $X in 2022. Over the period under review, exports continue to indicate notable growth. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

Spain (X tons), Italy (X tons) and France (X tons) were the main destinations of exports of process control, gate, globe and other valves from Tunisia, together accounting for X% of total exports. Morocco, Libya, the Czech Republic, the United States and Algeria lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for process control, gate, globe and other valves exported from Tunisia were Italy ($X), Spain ($X) and France ($X), with a combined X% share of total exports. Libya, Morocco, the United States, the Czech Republic and Algeria lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, the Czech Republic, with a CAGR of X%, saw the highest growth rate of the value of exports, 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 export price for process control, gate, globe and other valves amounted to $X per ton, with an increase of X% against the previous year. In general, the export price recorded a remarkable increase. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Morocco ($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 Czech Republic (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 Tunisia

In 2022, supplies from abroad of process control, gate, globe and other valves increased by X% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, imports, however, showed a slight slump. The growth pace was the most rapid in 2016 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of process control, gate, globe and other valves fell slightly to $X in 2022. Overall, imports, however, saw a noticeable slump. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of process control, gate, globe and other valves to Tunisia, with a X% share of total imports. Moreover, imports of process control, gate, globe and other valves from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. The third position in this ranking was held by Turkey (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Turkey (X% per year).

In value terms, China ($X), Italy ($X) and France ($X) appeared to be the largest process control, gate, globe and other valves suppliers to Tunisia, with a combined X% share of total imports. Spain, Germany, Turkey, the United States, Portugal and Algeria lagged somewhat behind, together comprising a further X%.

Algeria, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers 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, waning by X% against the previous year. Over the period under review, the import price showed a slight descent. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :