Eastern Asia: Iron Globe Valve Market 2020

Iron Globe Valve Market Size in Eastern Asia

The revenue of the iron globe valve market in Eastern Asia amounted to $X in 2017, dropping by -X% against the previous year. The iron globe valve consumption continues to indicate a drastic slump. The pace of growth appeared the most rapid in 2014, when it surged by X% against the previous year. The level of iron globe valve consumption peaked of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Iron Globe Valve Production in Eastern Asia

In 2017, approx. X units of globe valves, of cast iron were produced in Eastern Asia; rising by X% against the previous year. The iron globe valve production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015, with an increase of X% year-to-year. The volume of iron globe valve production peaked in 2017, and is likely to see steady growth in the immediate term.

Iron Globe Valve Exports in Eastern Asia

In 2017, iron globe valve exports in Eastern Asia stood at X units, coming up by X% against the previous year. The total exports indicated a prominent growth 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 pace of growth appeared the most rapid in 2014, when it surged by X% year-to-year. Over the period under review, the iron globe valve exports attained its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, iron globe valve exports stood at $X in 2017. The total exports 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. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Iron Globe Valve Exports by Country in Eastern Asia

China dominates iron globe valve exports structure, accounting for X units, which was near X% of total exports in 2017. South Korea (X units) ranks second in terms of the global exports with a X% share, followed by Japan (X%) and Taiwan, Chinese (X%).

China was also the fastest growing in terms of the globe valves, of cast iron exports, with a CAGR of +X% from 2007 to 2017. At the same time, Taiwan, Chinese (+X%) displayed positive paces of growth. South Korea and Japan experienced a relatively flat trend pattern. While the share of China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, 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: Japan (+X% per year) and South Korea (+X% per year).

Iron Globe Valve Export Prices by Country in Eastern Asia

In 2017, the iron globe valve export price in Eastern Asia amounted to $X per unit, waning by -X% against the previous year. The iron globe valve export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, when it surged by X% y-o-y. Over the period under review, the export prices for globe valves, of cast iron reached its peak figure level of $X per unit in 2013; however, from 2014 to 2017, it 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 Japan ($X per unit), while South Korea ($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 South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Iron Globe Valve Imports in Eastern Asia

In 2017, the amount of globe valves, of cast iron imported in Eastern Asia stood at X units, rising by X% against 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2017, when imports increased by X% year-to-year. In that year, the iron globe valve imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, iron globe valve imports amounted to $X in 2017. The total imports indicated a noticeable 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 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.

Iron Globe Valve Imports by Country in Eastern Asia

China was the main importing country with an import of about X units, which resulted at X% of total imports. South Korea (X units) took a X% share (based on tons) of total imports, which put it in second place, followed by Japan (X%) and Taiwan, Chinese (X%). China, Hong Kong SAR (X units) followed a long way behind the leaders.

China was also the fastest growing in terms of the globe valves, of cast iron imports, with a CAGR of +X% from 2007 to 2017. At the same time, Taiwan, Chinese (+X%) and South Korea (+X%) displayed positive paces of growth. Japan and China, Hong Kong SAR experienced a relatively flat trend pattern. While the share of Taiwan, Chinese (-X%), South Korea (-X%) and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported globe valves, of cast iron in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China amounted to +X%. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and Japan (+X% per year).

Iron Globe Valve Import Prices by Country in Eastern Asia

The iron globe valve import price in Eastern Asia stood at $X per unit in 2017, waning by -X% against the previous year. The iron globe valve import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, an increase of X% against the previous year. The level of import price peaked of $X per unit in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was South Korea ($X per unit), while Taiwan, Chinese ($X per unit) 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