Eastern Asia: Steel Globe Valves Market 2020

Steel Globe Valves Market Size in Eastern Asia

The revenue of the steel globe valves market in Eastern Asia amounted to $X in 2017, dropping by -X% against the previous year. The total market indicated a modest 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 steel globe valves consumption decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2012, when it surged by X% year-to-year. The level of steel globe valves consumption peaked of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Steel Globe Valves Production in Eastern Asia

In 2017, production of globe valves, of steel in Eastern Asia stood at X units, growing 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 relatively stable, with only minor fluctuations being observed over the period under review. The pace of growth appeared the most rapid in 2010, when the output figure increased by X% y-o-y. The volume of steel globe valves production peaked in 2017, and is expected to retain its growth in the immediate term.

Steel Globe Valves Exports in Eastern Asia

In 2017, approx. X units of globe valves, of steel were exported in Eastern Asia; jumping by X% against the previous year. The total exports indicated a strong 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 most prominent rate of growth was recorded in 2014, when exports increased by X% against the previous year. The volume of exports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, steel globe valves exports stood at $X in 2017. The total exports indicated a prominent 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. Over the period under review, the steel globe valves exports reached its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Steel Globe Valves Exports by Country in Eastern Asia

China dominates steel globe valves exports structure, finishing at X units, which was near X% of total exports in 2017. It was distantly followed by South Korea (X units), Japan (X units) and Taiwan, Chinese (X units), together making up X% share of total exports.

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

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

Steel Globe Valves Export Prices by Country in Eastern Asia

The steel globe valves export price in Eastern Asia stood at $X per unit in 2017, reducing by -X% against the previous year. The steel globe valves export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, when the export prices increased by X% against the previous year. The level of export price peaked of $X per unit in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

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.

Steel Globe Valves Imports in Eastern Asia

The imports amounted to X units in 2017, going up 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 pace of growth was the most pronounced in 2017, with an increase of X% y-o-y. In that year, the steel globe valves imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, steel globe valves imports totaled $X in 2017. The total imports indicated a tangible expansion 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 steel globe valves 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.

Steel Globe Valves Imports by Country in Eastern Asia

China represented the main importer of globe valves, of steel in Eastern Asia, with the volume of imports finishing at X units, which was approx. X% of total imports in 2017. South Korea (X units) took the second position in the ranking, followed by Japan (X units) and Taiwan, Chinese (X units). All these countries together held near X% share of total imports. 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 steel 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. From 2007 to 2017, the share of Taiwan, Chinese, South Korea and China 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, China ($X) constitutes the largest market for imported globe valves, of steel in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In China, steel globe valves imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Japan (+X% per year).

Steel Globe Valves Import Prices by Country in Eastern Asia

In 2017, the steel globe valves import price in Eastern Asia amounted to $X per unit, coming down by -X% against the previous year. The steel globe valves import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid 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.

There were significant differences in the average import prices amongst the major importing countries. In 2017, 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