CIS: Iron Globe Valve Market 2020

Iron Globe Valve Market Size in CIS

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

Iron Globe Valve Production in CIS

In 2017, production of globe valves, of cast iron in CIS totaled X units, approximately mirroring the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. Over the period under review, the iron globe valve production attained its peak figure volume in 2017, and is likely to continue its growth in the immediate term.

Iron Globe Valve Exports in CIS

In 2017, the amount of globe valves, of cast iron exported in CIS stood at X units, coming up by X% against the previous year. The iron globe valve exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, when exports increased 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, iron globe valve exports stood at $X in 2017. The total exports 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 iron globe valve exports decreased by -X% against 2012 indices. In that year, the iron globe valve exports reached their peak level of $X. From 2013 to 2017, growth of the iron globe valve exports stood at a somewhat lower level.

Iron Globe Valve Exports by Country in CIS

In 2017, Russia (X units) was the main exporter for globe valves, of cast iron, comprising X% of total exports. Belarus (X units) occupied 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 globe valves, of cast iron 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. Russia (X%) significantly strengthened its position in terms of the global exports, while Kazakhstan and Belarus saw its share reduced by -X% and -X% from 2007 to 2017, respectively.

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

In Russia, iron globe valve exports increased 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: Belarus (+X% per year) and Kazakhstan (+X% per year).

Iron Globe Valve Export Prices by Country in CIS

The iron globe valve export price in CIS stood at $X per unit in 2017, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, an increase of X% y-o-y. The level of export price peaked 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.

Iron Globe Valve Imports in CIS

The imports stood at X units in 2017, surging by X% against the previous year. The iron globe valve imports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2012, when imports increased by X% y-o-y. In that year, the iron globe valve imports reached their peak volume of X units. From 2013 to 2017, growth of the iron globe valve imports failed to regain its momentum.

In value terms, iron globe valve imports amounted to $X in 2017. The iron globe valve imports continue to indicate a prominent growth. Over the period under review, the iron globe valve imports reached its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Iron Globe Valve Imports by Country in CIS

Russia dominates iron globe valve imports structure, resulting at X units, which was approx. 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%).

From 2007 to 2017, average annual rates of growth with regard to iron globe valve imports into Russia stood at +X%. 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. From 2007 to 2017, the share of Belarus, Azerbaijan and Russia decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported globe valves, of cast iron in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports. It was followed by Azerbaijan, with a X% share.

In Russia, iron globe valve imports 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: Kazakhstan (+X% per year) and Azerbaijan (+X% per year).

Iron Globe Valve Import Prices by Country in CIS

In 2017, the iron globe valve import price in CIS amounted to $X per thousand units, increasing by X% against the previous year. The iron globe 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% year-to-year. Over the period under review, the import prices for globe valves, of cast iron attained its peak figure level of $X per unit in 2009; however, from 2010 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 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