Belgium: Market for Process Control, Gate, Globe and Other Valves 2025

Market Size for Process Control, Gate, Globe and Other Valves in Belgium

In 2022, after three years of growth, there was decline in the Belgian market for process control, gate, globe and other valves, when its value decreased by -5% to $X. In general, the total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +41.5% against 2018 indices. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Production of Process Control, Gate, Globe and Other Valves in Belgium

In value terms, production of process control, gate, globe and other valves expanded modestly to $X in 2022 estimated in export price. Overall, production saw resilient growth. The pace of growth was the most pronounced in 2019 with an increase of 122%. Production of peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Process Control, Gate, Globe and Other Valves

Exports from Belgium

In 2022, shipments abroad of process control, gate, globe and other valves decreased by -64.9% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 136%. Over the period under review, the exports of reached the maximum at X tons in 2021, and then dropped sharply in the following year.

In value terms, exports of process control, gate, globe and other valves shrank markedly to $X in 2022. Over the period under review, exports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 73% against the previous year. The exports peaked at $X in 2021, and then declined remarkably in the following year.

Exports by Country

The Netherlands (X tons), Germany (X tons) and France (X tons) were the main destinations of exports of process control, gate, globe and other valves from Belgium, together accounting for 39% of total exports. These countries were followed by Poland, Turkey, Luxembourg, the UK, the United States, Italy, the Czech Republic, Japan, China and Slovenia, which together accounted for a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +7.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for process control, gate, globe and other valves exported from Belgium were the Netherlands ($X), France ($X) and Germany ($X), with a combined 32% share of total exports. These countries were followed by the United States, China, the UK, Italy, Japan, Poland, Luxembourg, Turkey, the Czech Republic and Slovenia, which together accounted for a further 32%.

Slovenia, with a CAGR of +5.4%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for process control, gate, globe and other valves amounted to $X per ton, rising by 43% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Process Control, Gate, Globe and Other Valves

Imports into Belgium

In 2022, after two years of growth, there was significant decline in overseas purchases of process control, gate, globe and other valves, when their volume decreased by -47% to X tons. In general, imports continue to indicate a mild decrease. The pace of growth was the most pronounced in 2021 with an increase of 59%. As a result, imports attained the peak of X tons, and then shrank significantly in the following year.

In value terms, imports of process control, gate, globe and other valves contracted notably to $X in 2022. Overall, imports showed a slight slump. The pace of growth appeared the most rapid in 2020 with an increase of 33%. Over the period under review, imports of reached the maximum at $X in 2021, and then shrank notably in the following year.

Imports by Country

Germany (X tons), Italy (X tons) and China (X tons) were the main suppliers of imports of process control, gate, globe and other valves to Belgium, together comprising 56% of total imports. The Netherlands, France, Poland, Spain, the Czech Republic, Austria, Denmark and the United States lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +24.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and France ($X) constituted the largest process control, gate, globe and other valves suppliers to Belgium, with a combined 57% share of total imports. These countries were followed by the Netherlands, China, the United States, Spain, Austria, Poland, Denmark and the Czech Republic, which together accounted for a further 32%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +15.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for process control, gate, globe and other valves stood at $X per ton in 2022, growing by 35% against the previous year. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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