Report World - Pressure-Reducing, Control, Check and Safety Valves - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 14, 2023

World - Pressure-Reducing, Control, Check and Safety Valves - Market Analysis, Forecast, Size, Trends and Insights

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Global Pressure-Reducing Iron Valve Market 2023

Pressure-Reducing Iron Valve Market Size

For the fifth consecutive year, the global pressure-reducing iron valve market recorded growth in sales value, which increased by 0.3% to $X in 2021. The market value increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked in 2021 and is expected to retain growth in the immediate term.

Pressure-Reducing Iron Valve Production

In value terms, pressure-reducing iron valve production surged to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 99% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, global production growth remained at a somewhat lower figure.

Pressure-Reducing Iron Valve Exports

Exports

In 2021, the amount of pressure-reducing, control, check and safety valves exported worldwide surged to X units, increasing by 30% compared with 2020. The total export volume increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pressure-reducing iron valve exports surged to $X in 2021. The total export value increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The global exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, China (X units) represented the main exporter of pressure-reducing, control, check and safety valves, generating 28% of total exports. Mexico (X units) took a 12% share (based on physical terms) of total exports, which put it in second place, followed by Italy (12%) and Germany (6.9%). The following exporters - India (X units), Denmark (X units), Hungary (X units), South Korea (X units), Japan (X units), Taiwan (Chinese) (X units), Turkey (X units), Malaysia (X units) and the United States (X units) - together made up 22% of total exports.

Exports from China increased at an average annual rate of +10.1% from 2012 to 2021. At the same time, Taiwan (Chinese) (+26.0%), Mexico (+10.0%), India (+9.9%), Turkey (+8.5%), Hungary (+7.5%), Malaysia (+4.3%), Germany (+4.1%) and Italy (+1.5%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in the world, with a CAGR of +26.0% from 2012-2021. Denmark and Japan experienced a relatively flat trend pattern. By contrast, South Korea (-7.3%) and the United States (-16.1%) illustrated a downward trend over the same period. China (+13 p.p.), Mexico (+5.6 p.p.), Taiwan (Chinese) (+1.9 p.p.) and India (+1.8 p.p.) significantly strengthened its position in terms of the global exports, while South Korea and the United States saw its share reduced by -3.7% and -8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest pressure-reducing iron valve supplying countries worldwide were Germany ($X), China ($X) and the United States ($X), together accounting for 39% of global exports. These countries were followed by Italy, Mexico, Japan, South Korea, Denmark, Hungary, India, Taiwan (Chinese), Turkey and Malaysia, which together accounted for a further 34%.

Taiwan (Chinese), with a CAGR of +23.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average pressure-reducing iron valve export price amounted to $X per unit, waning by -9.3% against the previous year. Overall, the export price showed a mild curtailment. The pace of growth was the most pronounced in 2016 when the average export price increased by 6.3%. The global export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+17.7%), while the other global leaders experienced more modest paces of growth.

Pressure-Reducing Iron Valve Imports

Imports

Global pressure-reducing iron valve imports expanded slightly to X units in 2021, surging by 4.9% on 2020 figures. Overall, imports recorded resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 48%. Over the period under review, global imports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, pressure-reducing iron valve imports expanded markedly to $X in 2021. The total import value increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Nigeria (X units) was the largest importer of pressure-reducing, control, check and safety valves, committing 38% of total imports. It was distantly followed by the United States (X units), constituting a 16% share of total imports. China (X units), the UK (X units), Germany (X units), Spain (X units) and Russia (X units) followed a long way behind the leaders.

Nigeria was also the fastest-growing in terms of the pressure-reducing, control, check and safety valves imports, with a CAGR of +63.9% from 2012 to 2021. At the same time, the United States (+10.4%), the UK (+8.0%), Germany (+5.6%), Russia (+4.9%), Spain (+4.5%) and China (+4.0%) displayed positive paces of growth. From 2012 to 2021, the share of Nigeria and the United States increased by +37 and +2.4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest pressure-reducing iron valve importing markets worldwide were the United States ($X), China ($X) and Germany ($X), with a combined 30% share of global imports. Nigeria, the UK, Russia and Spain lagged somewhat behind, together comprising a further 11%.

In terms of the main importing countries, Nigeria, with a CAGR of +35.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average pressure-reducing iron valve import price amounted to $X per unit, picking up by 4.5% against the previous year. Over the period under review, the import price, however, saw a deep reduction. The pace of growth was the most pronounced in 2018 an increase of 6.2%. Global import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was China ($X per unit), while Nigeria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+0.4%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for pressure-reducing, control, check and safety valves in the world?
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The countries with the highest volumes of consumption in 2021 were Nigeria, China and the United States, together comprising 55% of global consumption.
What are the largest producers of pressure-reducing, control, check and safety valves in the world?
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China constituted the country with the largest volume of pressure-reducing iron valve production, accounting for 34% of total volume. Moreover, pressure-reducing iron valve production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was taken by Mexico, with a 7.5% share.
What are the leading exporters of pressure-reducing, control, check and safety valves in the world?
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In value terms, Germany, China and the United States appeared to be the countries with the highest levels of exports in 2021, with a combined 39% share of global exports. Italy, Mexico, Japan, South Korea, Denmark, Hungary, India, Taiwan Chinese), Turkey and Malaysia lagged somewhat behind, together accounting for a further 34%.
What are the leading importers of pressure-reducing, control, check and safety valves in the world?
+
In value terms, the largest pressure-reducing iron valve importing markets worldwide were the United States, China and Germany, together accounting for 30% of global imports. These countries were followed by Nigeria, the UK, Russia and Spain, which together accounted for a further 11%.
What is the average export price for pressure-reducing, control, check and safety valves in the world?
+
The average pressure-reducing iron valve export price stood at $30 per unit in 2021, which is down by -9.3% against the previous year.
What is the average import price for pressure-reducing, control, check and safety valves in the world?
+
The average pressure-reducing iron valve import price stood at $18 per unit in 2021, rising by 4.5% against the previous year.

This report provides an in-depth analysis of the global pressure-reducing iron valve market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 28141120 - Pressure-reducing valves of cast iron or steel, for pipes, b oiler shells, tanks, vats and the like (excluding those combined with lubricators or filters)
• Prodcom 28141140 - Pressure-reducing valves for pipes, boiler shells, tanks, vats and the like (excluding of cast iron or steel, those combined with filters or lubricators)

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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