Report Update: Nov 1, 2024

U.S. - Taps, Cocks, Valves And Similar Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Tap And Valve Prices in the United States

U.S. Tap And Valve Export Price in July 2022

In July 2022, the tap and valve price amounted to $21 per unit (FOB, US), increasing by 11% against the previous month. Over the last six months, it increased at an average monthly rate of +5.9%. The growth pace was the most rapid in May 2022 an increase of 42% month-to-month. As a result, the export price attained the peak level of $23.7K per thousand units. From June 2022 to July 2022, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In July 2022, the country with the highest price was Canada ($139 per unit), while the average price for exports to Estonia ($102 per thousand units) was amongst the lowest.

From January 2022 to July 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

U.S. Tap And Valve Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was valves; pressure reducing, for pipes, boiler shells, tanks, vats or the like ($245 per unit), while the average price for exports of check valves for pipes, boiler shells, tanks and vats ($14 per unit) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for the following types: process control, gate, globe and other valves (+7.6%), while the prices for the other products experienced more modest paces of growth.

U.S. Tap And Valve Exports

In August 2022, exports of taps, cocks, valves and similar appliances from the United States reduced modestly to 39M units, declining by -4.9% against the month before. Overall, exports showed a noticeable contraction. The growth pace was the most rapid in June 2022 when exports increased by 25% against the previous month. The exports peaked at 53M units in April 2022; however, from May 2022 to August 2022, the exports failed to regain momentum.

In value terms, tap and valve exports expanded rapidly to $904M (IndexBox estimates) in August 2022. The total export value increased at an average monthly rate of +3.5% from January 2022 to August 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain months. The growth pace was the most rapid in March 2022 when exports increased by 23% m-o-m. The exports peaked in August 2022.

U.S. Tap And Valve Exports by Type

Process control, gate, globe and other valves (31M units) was the largest type of tap and valve exported from the United States, with a 79% share of total exports. Moreover, process control, gate, globe and other valves exceeded the volume of the second product type, check valves for pipes, boiler shells, tanks and vats (3.3M units), ninefold. Safety or relief valves for pipes, boiler shells, tanks and vats (2.6M units) ranked third in terms of total exports with a 6.7% share.

From January 2022 to August 2022, the average monthly rate of growth in terms of the volume of export of process control, gate, globe and other valves amounted to -4.1%. With regard to the other exported products, the following average monthly rates of growth were recorded: check valves for pipes, boiler shells, tanks and vats (-0.2% per month) and safety or relief valves for pipes, boiler shells, tanks and vats (+6.1% per month).

In value terms, process control, gate, globe and other valves ($602M) remains the largest type of tap and valve exported from the United States, comprising 67% of total exports. The second position in the ranking was taken by valves; for oleohydraulic or pneumatic transmissions ($140M), with a 16% share of total exports. It was followed by safety or relief valves for pipes, boiler shells, tanks and vats, with an 8.7% share.

From January 2022 to August 2022, the average monthly growth rate of the export volume of process control, gate, globe and other valves stood at +3.2%. With regard to the other exported products, the following average monthly rates of growth were recorded: valves; for oleohydraulic or pneumatic transmissions (+2.2% per month) and safety or relief valves for pipes, boiler shells, tanks and vats (+8.5% per month).

U.S. Tap And Valve Exports by Country

Mexico (18M units) was the main destination for tap and valve exports from the United States, with a 44% share of total exports. Moreover, tap and valve exports to Mexico exceeded the volume sent to the second major destination, Belgium (3.7M units), fivefold. Estonia (3.2M units) ranked third in terms of total exports with a 7.9% share.

From January 2022 to July 2022, the average monthly rate of growth in terms of volume to Mexico stood at +2.4%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Belgium (-8.5% per month) and Estonia (+7.5% per month).

In value terms, the largest markets for tap and valve exported from the United States were Canada ($182M), Mexico ($116M) and China ($75M), together accounting for 44% of total exports. Germany, Japan, France, the Netherlands, Belgium, Colombia and Estonia lagged somewhat behind, together accounting for a further 16%.

Estonia, with a CAGR of +11.2%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tap and valve market in the U.S.. 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 28121420 - Pneumatic filters, regulators and lubricators
Prodcom 28121450 - Valves for the control of oleohydraulic power transmission for pipes, boiler shells, tanks, vats and the like
Prodcom 28121480 - Valves for the control of pneumatic power transmission for pipes, boiler shells, tanks, vats and the like
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)
Prodcom 28141160 - Check valves for pipes, boiler shells, tanks, vats and the like
Prodcom 28141170 - Valves for pneumatic tyres and inner-tubes
Prodcom 28141180 - Safety or relief valves for pipes, boiler shells, tanks, vats and the like
Prodcom 28141233 - Mixing valves for sinks, wash basins, bidets, water cisterns etc. excluding valves for pressure-reducing or oleohydraulic/pneumatic power transmissions, check valves, s afety/relief valves
Prodcom 28141235 - Taps, cocks and valves for sinks, wash basins, bidets, water cisterns etc. excluding valves for pressurereducing/ oleohydraulic transmissions, check, safety, relief and mixing valves
Prodcom 28141253 - Central heating radiator thermostatic valves
Prodcom 28141255 - Central heating radiator valves, other
Prodcom 28141313 - Other process control valves, temperature regulators
Prodcom 28141315 - Process control valves for pipes, boiler shells, tanks etc. excluding valves for pressure-reducing or oleohydraulic/pneumatic power transmissions, check, s afety/relief valves, temp. regulators
Prodcom 28141333 - Other gate valves, of cast iron
Prodcom 28141335 - Other gate valves, of steel
Prodcom 28141337 - Other gate valves, other
Prodcom 28141353 - Globe valves, of cast iron
Prodcom 28141355 - Globe valves, of steel
Prodcom 28141357 - Other globe valves
Prodcom 28141373 - Ball and plug valves
Prodcom 28141375 - Butterfly valves
Prodcom 28141377 - Diaphragm valves
Prodcom 28141380 - Other appliances

Country coverage:

United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the U.S.
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023