Africa: Process Control Valve Market 2020

Process Control Valve Market Size in Africa

The revenue of the process control valve market in Africa amounted to $X in 2017, shrinking by -X% against the previous year. The process control valve consumption continues to indicate a slight contraction. The pace of growth appeared the most rapid in 2013, when it surged by X% against the previous year. In that year, the process control valve market reached their peak level of $X. From 2014 to 2017, growth of the process control valve market stood at a somewhat lower level.

Process Control Valve Production in Africa

In 2017, process control valve production in Africa stood at X units, approximately equating the previous year. The process control valve production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when the output figure increased by X% year-to-year. The volume of process control valve production peaked in 2017, and is likely to continue its growth in the immediate term.

Process Control Valve Exports in Africa

The exports totaled X units in 2017, growing by X% against the previous year. The process control valve exports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2014, when it surged by X% y-o-y. In that year, the process control valve exports attained their peak volume of X units. From 2015 to 2017, growth of the process control valve exports failed to regain its momentum.

In value terms, process control 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 process control valve exports decreased by -X% against 2014 indices. Over the period under review, the process control valve exports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Process Control Valve Exports by Country in Africa

South Africa represented the largest exporting country with an export of about X units, which recorded X% of total exports. It was distantly followed by Tunisia (X units), achieving X% share of total exports.

South Africa was also the fastest growing in terms of the process control valves for pipes, boiler shells and tanks exports, with a CAGR of +X% from 2007 to 2017. At the same time, Tunisia (+X%) displayed positive paces of growth. From 2007 to 2017, the share of Tunisia and South Africa decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest process control valve supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Tunisia ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in South Africa stood at +X%.

Process Control Valve Export Prices by Country in Africa

In 2017, the process control valve export price in Africa amounted to $X per unit, declining by -X% against the previous year. The process control valve export price continues to indicate a slight descent. The growth pace was the most rapid in 2013, when it surged by X% against the previous year. In that year, the export prices for process control valves for pipes, boiler shells and tanks reached their peak level of $X per unit. From 2014 to 2017, growth of the export prices for process control valves for pipes, boiler shells and tanks failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Tunisia ($X per unit), while South Africa ($X per unit) was amongst the lowest.

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

Process Control Valve Imports in Africa

In 2017, approx. X units of process control valves for pipes, boiler shells and tanks were imported in Africa; remaining constant against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2008, when imports increased by X% against the previous year. Over the period under review, the process control valve imports reached its peak figure volume of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, process control valve imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the process control valve imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Process Control Valve Imports by Country in Africa

In 2017, Egypt (X units), distantly followed by South Africa (X units), Algeria (X units), Nigeria (X units) and Morocco (X units) represented the major importers of process control valves for pipes, boiler shells and tanks, together generating X% of total imports. Angola (X units), Ghana (X units), Tunisia (X units), Ethiopia (X units), Cote d'Ivoire (X units), Kenya (X units) and Djibouti (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Djibouti (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Egypt ($X) and Nigeria ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Algeria, Morocco, Angola, Tunisia, Ghana, Ethiopia, Kenya, Cote d'Ivoire and Djibouti lagged somewhat behind, together comprising a further X%.

Among the main importing countries , Djibouti (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Process Control Valve Import Prices by Country in Africa

In 2017, the process control valve import price in Africa amounted to $X per unit, dropping by -X% against the previous year. The process control valve import price continues to indicate a slight reduction. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. Over the period under review, the import prices for process control valves for pipes, boiler shells and tanks reached its maximum level of $X per unit in 2009; however, from 2010 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Nigeria ($X per unit), while Djibouti ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by South Africa (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform