Asia: Process Control Valve Market 2020

Process Control Valve Market Size in Asia

The revenue of the process control valve market in Asia amounted to $X in 2017, waning by -X% against the previous year. The total market indicated a slight growth 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 consumption decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2012, when market value increased by X% year-to-year. Over the period under review, the process control valve market attained its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Process Control Valve Production in Asia

In 2017, production of process control valves for pipes, boiler shells and tanks in Asia amounted to X units, coming up 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 only minor fluctuations in certain years. The pace of growth was the most pronounced in 2010, when it surged by X% year-to-year. The volume of process control valve production peaked in 2017, and is expected to retain its growth in the immediate term.

Process Control Valve Exports in Asia

In 2017, the amount of process control valves for pipes, boiler shells and tanks exported in Asia amounted to X units, surging by X% against the previous year. The total exports indicated a prominent increase 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 growth pace was the most rapid in 2014, when it surged by X% y-o-y. The volume of exports peaked in 2017, and are likely to see steady growth in the near future.

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. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Process Control Valve Exports by Country in Asia

China represented the key exporting country with an export of about X units, which accounted for X% of total exports. India (X units) took the second position in the ranking, followed by South Korea (X units), Japan (X units) and Taiwan, Chinese (X units). All these countries together took approx. X% share of total exports. 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 ($X) remains the largest process control valve supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

In China, process control valve exports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+X% per year) and South Korea (+X% per year).

Process Control Valve Export Prices by Country in Asia

In 2017, the process control valve export price in Asia amounted to $X per unit, reducing by -X% against the previous year. The process control valve export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, an increase of X% against the previous year. Over the period under review, the export prices for process control valves for pipes, boiler shells and tanks reached its maximum level of $X per unit in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

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.

Process Control Valve Imports in Asia

The imports stood at X units in 2017, jumping by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The growth pace was the most rapid 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, process control valve imports stood at $X in 2017. The total imports indicated a remarkable growth 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 imports decreased by -X% against 2014 indices. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Process Control Valve 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) represented the largest importers of process control valves for pipes, boiler shells and tanks, together creating 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.

From 2007 to 2017, average annual rates of growth with regard to process control valve imports into China stood at +X%. 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. Turkey (-X%), Malaysia (-X%), Iraq (-X%), India (-X%), Saudi Arabia (-X%), Indonesia (-X%), the United Arab Emirates (-X%) and China (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported process control valves for pipes, boiler shells and tanks in Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($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 stood at +X%. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and Japan (+X% per year).

Process Control Valve Import Prices by Country in Asia

In 2017, the process control valve import price in Asia amounted to $X per unit, dropping by -X% against the previous year. The process control valve import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, when it surged by X% year-to-year. The level of import price peaked 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