Asia: Sink Valve Market 2020

Sink Valve Market Size in Asia

The revenue of the sink valve market in Asia amounted to $X in 2017, falling by -X% against the previous year. The sink valve consumption continues to indicate an abrupt decline. The pace of growth appeared the most rapid in 2012, when market value increased by X% y-o-y. Over the period under review, the sink valve market attained its peak figure level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Sink Valve Production in Asia

In 2017, production of taps, cocks and valves for sinks, wash basins, bidets and water cisterns in Asia totaled X units, increasing by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2012, with an increase of X% against the previous year. The volume of sink valve production peaked in 2017, and is expected to retain its growth in the immediate term.

Sink Valve Exports in Asia

The exports stood at X units in 2017, increasing by X% against the previous year. The total exports indicated a strong expansion 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, when exports increased by X% against the previous year. The volume of exports peaked in 2017, and are likely to continue its growth in the immediate term.

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

Sink Valve Exports by Country in Asia

China was the largest exporting country with an export of around X units, which accounted for X% of total exports. 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%). The following exporters - Turkey (X units) and Thailand (X units) together made up X% of total exports.

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 ($X) remains the largest sink valve supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

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

Sink Valve Export Prices by Country in Asia

The sink valve export price in Asia stood at $X per unit in 2017, reducing by -X% against the previous year. The sink valve 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% y-o-y. The level of export price peaked 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.

Sink Valve Imports in Asia

In 2017, the amount of taps, cocks and valves for sinks, wash basins, bidets and water cisterns imported in Asia totaled X units, jumping 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 growth pace was the most rapid in 2011, when imports increased by X% y-o-y. Over the period under review, the sink valve imports attained its maximum volume in 2017, and are likely to see steady growth in the near future.

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

Sink 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) were the largest importers of taps, cocks and valves for sinks, wash basins, bidets and water cisterns, together comprising X% of total imports. Turkey (X units), Thailand (X units), Malaysia (X units), Taiwan, Chinese (X units) and Iraq (X units) occupied the minor share 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. While the share of Turkey (-X%), Malaysia (-X%), Iraq (-X%), India (-X%), Saudi Arabia (-X%), Indonesia (-X%), the United Arab Emirates (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported taps, cocks and valves for sinks, wash basins, bidets and water cisterns in Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

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

Sink Valve Import Prices by Country in Asia

The sink valve import price in Asia stood at $X per unit in 2017, waning by -X% against the previous year. The sink valve import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when it surged by X% against the previous year. Over the period under review, the import prices for taps, cocks and valves for sinks, wash basins, bidets and water cisterns reached its maximum level of $X per unit in 2014; however, from 2015 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 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