Asia: Steel Globe Valves Market 2020

Steel Globe Valves Market Size in Asia

The revenue of the steel globe valves market in Asia amounted to $X in 2017, shrinking by -X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2012, when market value increased by X% year-to-year. The level of steel globe valves consumption peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Steel Globe Valves Production in Asia

In 2017, approx. X units of globe valves, of steel were produced in Asia; jumping by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010, when the output figure increased by X% year-to-year. The volume of steel globe valves production peaked in 2017, and is expected to retain its growth in the near future.

Steel Globe Valves Exports in Asia

In 2017, the amount of globe valves, of steel exported in Asia amounted to X units, increasing by X% against the previous year. The total exports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. The volume of exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, steel globe valves exports totaled $X in 2017. The total exports indicated a strong 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 steel globe valves exports decreased by -X% against 2014 indices. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Steel Globe Valves Exports by Country in Asia

China was the largest exporter of globe valves, of steel in Asia, with the volume of exports recording X units, which was near X% of total exports in 2017. India (X units) ranks second in terms of the global exports with a X% share, followed by South Korea (X%), Japan (X%) and Taiwan, Chinese (X%). Turkey (X units) and Thailand (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, India (+X%), Turkey (+X%), Thailand (+X%) and Taiwan, Chinese (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. South Korea and Japan experienced a relatively flat trend pattern. While the share of Turkey (-X%), India (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest steel globe valves supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+X% per year) and South Korea (+X% per year).

Steel Globe Valves Export Prices by Country in Asia

The steel globe valves export price in Asia stood at $X per unit in 2017, waning by -X% against the previous year. The steel globe valves export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012, when it surged by X% year-to-year. Over the period under review, the export prices for globe valves, of steel attained its peak figure level of $X per unit in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Japan ($X per unit), while India ($X per thousand units) was amongst the lowest.

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

Steel Globe Valves Imports in Asia

In 2017, the amount of globe valves, of steel imported in Asia totaled X units, growing by X% 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 over the period under review. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. The volume of imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, steel globe valves imports totaled $X in 2017. The total imports indicated a strong expansion 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 steel globe valves imports decreased by -X% against 2014 indices. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Steel Globe Valves Imports by Country in Asia

In 2017, China (X units), distantly followed by the United Arab Emirates (X units), Saudi Arabia (X units), Indonesia (X units), South Korea (X units), Japan (X units) and India (X units) were the major importers of globe valves, of steel, together making up X% of total imports. The following importers - Turkey (X units), Thailand (X units), Malaysia (X units), Taiwan, Chinese (X units) and Iraq (X units) together made up X% of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Iraq (+X%), Malaysia (+X%), India (+X%), Indonesia (+X%), Turkey (+X%), Thailand (+X%), Saudi Arabia (+X%), the United Arab Emirates (+X%), Taiwan, Chinese (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. Japan experienced a relatively flat trend pattern. From 2007 to 2017, the share of Turkey, Malaysia, Iraq, India, Saudi Arabia, Indonesia, the United Arab Emirates and China decreased by -X%, -X%, -X%, -X%, -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported globe valves, of steel in Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Japan (+X% per year).

Steel Globe Valves Import Prices by Country in Asia

The steel globe valves import price in Asia stood at $X per unit in 2017, going down by -X% against the previous year. The steel globe valves import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% against the previous year. Over the period under review, the import prices for globe valves, of steel reached its maximum level of $X per unit in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was South Korea ($X per unit), while Indonesia ($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 Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform