EU: Market for Process Control, Gate, Globe and Other Valves 2025

Market Size for Process Control, Gate, Globe and Other Valves in the EU

The EU market for process control, gate, globe and other valves expanded remarkably to $X in 2022, picking up by 10% against the previous year. The market value increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Process Control, Gate, Globe and Other Valves in the EU

In value terms, production of process control, gate, globe and other valves skyrocketed to $X in 2022 estimated in export price. Over the period under review, production saw a mild shrinkage. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Process Control, Gate, Globe and Other Valves

Exports in the EU

In 2022, the amount of process control, gate, globe and other valves exported in the European Union reduced to X tons, falling by -5% compared with 2021. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 8.5%. Over the period under review, the exports of hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of process control, gate, globe and other valves reduced to $X in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 16%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

In 2022, Italy (X tons) and Germany (X tons) were the largest exporters of process control, gate, globe and other valves in the European Union, together making up 52% of total exports. It was distantly followed by Spain (X tons), Poland (X tons), the Czech Republic (X tons) and France (X tons), together constituting a 25% share of total exports. The following exporters - Denmark (X tons), the Netherlands (X tons), Austria (X tons) and Portugal (X tons) - together made up 12% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Poland (with a CAGR of +4.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest process control, gate, globe and other valves supplying countries in the European Union were Germany ($X), Italy ($X) and France ($X), with a combined 62% share of total exports. The Czech Republic, Spain, Poland, the Netherlands, Denmark, Austria and Portugal lagged somewhat behind, together accounting for a further 27%.

Poland, with a CAGR of +7.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2013 an increase of 7.9%. Over the period under review, the export prices attained the maximum at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.2%), while the other leaders experienced more modest paces of growth.

Imports of Process Control, Gate, Globe and Other Valves

Imports in the EU

Imports of process control, gate, globe and other valves reduced slightly to X tons in 2022, with a decrease of -1.8% against the previous year's figure. The total import volume increased at an average annual rate of +2.7% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. As a result, imports reached the peak of X tons, and then contracted slightly in the following year.

In value terms, imports of process control, gate, globe and other valves contracted slightly to $X in 2022. The total import value increased at an average annual rate of +3.9% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 21%. As a result, imports attained the peak of $X, and then contracted modestly in the following year.

Imports by Country

In 2022, Germany (X tons), distantly followed by France (X tons), Spain (X tons), Italy (X tons), Poland (X tons) and the Netherlands (X tons) represented the main importers of process control, gate, globe and other valves, together generating 66% of total imports. Belgium (X tons), the Czech Republic (X tons), Austria (X tons), Romania (X tons), Denmark (X tons), Sweden (X tons) and Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Hungary (with a CAGR of +9.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest process control, gate, globe and other valves importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined 45% share of total imports. These countries were followed by Italy, Poland, Spain, the Czech Republic, Austria, Belgium, Denmark, Sweden, Hungary and Romania, which together accounted for a further 44%.

In terms of the main importing countries, Hungary, with a CAGR of +10.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2018 an increase of 12% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sweden ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+2.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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