Australia and Oceania: Plug Valve Market 2020

Plug Valve Market Size in Australia and Oceania

The revenue of the plug valve market in Australia and Oceania amounted to $X in 2017, growing 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 remained consistent, with somewhat noticeable fluctuations being observed over the period under review. The growth pace was the most rapid in 2011, with an increase of X% y-o-y. Over the period under review, the plug valve market attained its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Plug Valve Production in Australia and Oceania

In 2017, plug valve production in Australia and Oceania amounted to X units, going up by X% against the previous year. The plug valve production continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016, when it surged by X% year-to-year. The volume of plug valve production peaked of X units in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Plug Valve Exports in Australia and Oceania

In 2017, exports of ball and plug valves in Australia and Oceania amounted to X units, declining by -X% against the previous year. The plug valve exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. The volume of exports peaked of X units in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, plug valve exports totaled $X in 2017. The plug valve exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Plug Valve Exports by Country in Australia and Oceania

Australia was the main exporting country with an export of about X units, which accounted for X% of total exports. It was distantly followed by New Zealand (X units), generating X% share of total exports.

Australia was also the fastest growing in terms of the ball and plug valves exports, with a CAGR of +X% from 2007 to 2017. New Zealand (-X%) illustrated a downward trend over the same period. While the share of New Zealand (X%) increased significantly in terms of the global exports from 2007-2017, the share of Australia (-X%) displayed negative dynamics.

In value terms, Australia ($X) remains the largest plug valve supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global exports.

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

Plug Valve Export Prices by Country in Australia and Oceania

The plug valve export price in Australia and Oceania stood at $X per unit in 2017, rising by X% against the previous year. The plug valve export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. In that year, the export prices for ball and plug valves reached their peak level of $X per unit. From 2015 to 2017, growth of the export prices for ball and plug valves failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was New Zealand ($X per unit), while Australia ($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 Australia (+X% per year).

Plug Valve Imports in Australia and Oceania

The imports amounted to X units in 2017, leveling off at 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 in certain years. The pace of growth appeared the most rapid in 2012, with an increase of X% y-o-y. The volume of imports peaked of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, plug valve imports stood at $X in 2017. The total imports indicated a temperate 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 plug 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.

Plug Valve Imports by Country in Australia and Oceania

Australia represented the major importing country with an import of about X units, which amounted to X% of total imports. It was distantly followed by New Zealand (X units), comprising X% share of total imports. Papua New Guinea (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to plug valve imports into Australia stood at +X%. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest growing importer in Australia and Oceania, with a CAGR of +X% from 2007-2017. By contrast, Papua New Guinea (-X%) illustrated a downward trend over the same period. Papua New Guinea (X%) significantly strengthened its position in terms of the global imports, while New Zealand and Australia saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

In value terms, Australia ($X) constitutes the largest market for imported ball and plug valves in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports. It was followed by Papua New Guinea, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Australia totaled +X%. In the other countries, the average annual rates were as follows: New Zealand (+X% per year) and Papua New Guinea (-X% per year).

Plug Valve Import Prices by Country in Australia and Oceania

The plug valve import price in Australia and Oceania stood at $X per unit in 2017, approximately equating the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009, when it surged by X% year-to-year. Over the period under review, the import prices for ball and plug valves attained its peak figure level of $X per unit in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in New Zealand ($X per unit) and Papua New Guinea ($X per unit), while Australia ($X per unit) and Papua New Guinea ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform