Eastern Asia: Sink Valve Market 2020

Sink Valve Market Size in Eastern Asia

The revenue of the sink valve market in Eastern Asia amounted to $X in 2017, lowering by -X% against the previous year. The sink valve consumption continues to indicate a deep reduction. The pace of growth was the most pronounced in 2014, when market value increased by X% against the previous year. The level of sink valve consumption peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Sink Valve Production in Eastern Asia

In 2017, the amount of taps, cocks and valves for sinks, wash basins, bidets and water cisterns produced in Eastern Asia totaled X units, jumping by X% against the previous year. The sink valve production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, when it surged by X% against the previous year. Over the period under review, the sink valve production attained its peak figure volume in 2017, and is expected to retain its growth in the immediate term.

Sink Valve Exports in Eastern Asia

The exports stood at X units in 2017, coming up by X% against the previous year. The total exports indicated a remarkable increase 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, with an increase of X% year-to-year. Over the period under review, the sink valve exports reached its maximum volume in 2017, and are expected to retain its growth in the near future.

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

Sink Valve Exports by Country in Eastern Asia

China dominates sink valve exports structure, finishing at X units, which was approx. X% of total exports in 2017. South Korea (X units) held the second position in the ranking, followed by Japan (X units) and Taiwan, Chinese (X units). All these countries together occupied approx. X% share of total exports.

China was also the fastest growing in terms of the taps, cocks and valves for sinks, wash basins, bidets and water cisterns 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 ($X) remains the largest sink valve supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

In China, sink 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).

Sink Valve Export Prices by Country in Eastern Asia

The sink valve export price in Eastern Asia stood at $X per unit in 2017, declining by -X% against the previous year. The sink valve export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, when it surged by X% y-o-y. Over the period under review, the export prices for taps, cocks and valves for sinks, wash basins, bidets and water cisterns attained its maximum level 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.

Sink Valve Imports in Eastern Asia

In 2017, approx. X units of taps, cocks and valves for sinks, wash basins, bidets and water cisterns were imported in Eastern Asia; picking up by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. In that year, the sink valve imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, sink valve imports totaled $X in 2017. The total imports indicated a pronounced 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 sink valve imports decreased by -X% against 2014 indices. Over the period under review, the sink valve imports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Sink Valve Imports by Country in Eastern Asia

In 2017, China (X units) represented the key importer for taps, cocks and valves for sinks, wash basins, bidets and water cisterns, making up X% of total imports. South Korea (X units) ranks second in terms of the global imports with a X% share, followed by Japan (X%) and Taiwan, Chinese (X%). China, Hong Kong SAR (X units) occupied the minor share of total imports.

China was also the fastest growing in terms of the taps, cocks and valves for sinks, wash basins, bidets and water cisterns 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. Taiwan, Chinese (-X%), South Korea (-X%) and China (-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, China ($X) constitutes the largest market for imported taps, cocks and valves for sinks, wash basins, bidets and water cisterns in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($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%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Japan (+X% per year).

Sink Valve Import Prices by Country in Eastern Asia

The sink valve import price in Eastern Asia stood at $X per unit in 2017, lowering by -X% against the previous year. The sink valve import price continues to indicate a relatively flat trend pattern. The pace of growth appeared 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.

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