CIS: Plug Valve Market 2020

Plug Valve Market Size in CIS

The revenue of the plug valve market in CIS amounted to $X in 2017, growing by X% against the previous year. The total market indicated a strong 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 consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010, when market value increased by X% y-o-y. Over the period under review, the plug valve market reached its peak figure level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Plug Valve Production in CIS

In 2017, the amount of ball and plug valves produced in CIS amounted to X units, rising 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 over the period under review. The most prominent rate of growth was recorded in 2009, with an increase of X% year-to-year. Over the period under review, the plug valve production reached its peak figure volume in 2017, and is expected to retain its growth in the near future.

Plug Valve Exports in CIS

In 2017, the amount of ball and plug valves exported in CIS totaled X units, rising by X% against the previous year. The plug valve exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, with an increase of X% year-to-year. Over the period under review, the plug valve exports reached its maximum volume of X units in 2013; however, from 2014 to 2017, it failed to regain its momentum.

In value terms, plug valve exports stood at $X in 2017. The total exports indicated a moderate 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 plug valve exports decreased by -X% against 2012 indices. In that year, the plug valve exports attained their peak level of $X. From 2013 to 2017, growth of the plug valve exports stood at a somewhat lower level.

Plug Valve Exports by Country in CIS

Russia represented the largest exporting country with an export of around X units, which recorded X% of total exports. Belarus (X units) held a X% share (based on tons) of total exports, which put it in second place, followed by Kazakhstan (X%).

Russia experienced a relatively flat trend pattern of ball and plug valves exports. At the same time, Belarus (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest growing exporter in CIS, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Russia increased by X% percentage points, while Kazakhstan (-X%) and Belarus (-X%) saw their share reduced.

In value terms, Russia ($X) remains the largest plug valve supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global exports. It was followed by Kazakhstan, with a X% share.

In Russia, plug valve exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Belarus (+X% per year) and Kazakhstan (+X% per year).

Plug Valve Export Prices by Country in CIS

In 2017, the plug valve export price in CIS amounted to $X per unit, jumping by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when the export prices increased by X% against the previous year. Over the period under review, the export prices for ball and plug valves reached its maximum level of $X per unit in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Belarus ($X per unit) and Russia ($X per unit), while Kazakhstan ($X per unit) and Russia ($X per unit) were amongst the lowest.

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

Plug Valve Imports in CIS

In 2017, approx. X units of ball and plug valves were imported in CIS; surging by X% against the previous year. The plug valve imports continue to indicate a prominent growth. The pace of growth appeared the most rapid in 2012, when it surged by X% against the previous year. In that year, the plug valve imports reached their peak volume of X units. From 2013 to 2017, growth of the plug valve imports failed to regain its momentum.

In value terms, plug valve imports stood at $X in 2017. The plug valve imports continue to indicate a strong increase. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Plug Valve Imports by Country in CIS

Russia dominates plug valve imports structure, finishing at X units, which was near X% of total imports in 2017. Kazakhstan (X units) ranks second in terms of the global imports with a X% share, followed by Belarus (X%) and Azerbaijan (X%).

Imports into Russia increased at an average annual rate of +X% from 2007 to 2017. At the same time, Azerbaijan (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. Kazakhstan experienced a relatively flat trend pattern. Belarus (-X%), Azerbaijan (-X%) and Russia (-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, Russia ($X) constitutes the largest market for imported ball and plug valves in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports. It was followed by Azerbaijan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Russia amounted to +X%. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Azerbaijan (+X% per year).

Plug Valve Import Prices by Country in CIS

The plug valve import price in CIS stood at $X per thousand units in 2017, growing by X% against the previous year. The plug valve import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, an increase of X% y-o-y. The level of import price peaked of $X per unit in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Azerbaijan ($X per unit), while Russia ($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 Kazakhstan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform