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

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

The French market for process control, gate, globe and other valves stood at $X in 2022, flattening at the previous year. In general, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +44.1% against 2018 indices. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Production of Process Control, Gate, Globe and Other Valves in France

In value terms, production of process control, gate, globe and other valves stood at $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt contraction. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Process Control, Gate, Globe and Other Valves

Exports from France

For the third consecutive year, France recorded decline in overseas shipments of process control, gate, globe and other valves, which decreased by -8.6% to X tons in 2022. Over the period under review, exports recorded a noticeable downturn. The pace of growth was the most pronounced in 2014 with an increase of 12% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of process control, gate, globe and other valves declined to $X in 2022. Overall, exports saw a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of 7% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Belgium (X tons) and Spain (X tons) were the main destinations of exports of process control, gate, globe and other valves from France, with a combined 28% share of total exports. Italy, China, Morocco, South Korea, the UK, the United States, the Netherlands, Algeria, the Czech Republic and Poland lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +4.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the United States ($X) constituted the largest markets for process control, gate, globe and other valves exported from France worldwide, with a combined 31% share of total exports. These countries were followed by the UK, Belgium, Spain, South Korea, Italy, the Netherlands, Morocco, the Czech Republic, Poland and Algeria, which together accounted for a further 36%.

South Korea, with a CAGR of +4.4%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for process control, gate, globe and other valves stood at $X per ton in 2022, growing by 3.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 9.7%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Algeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Process Control, Gate, Globe and Other Valves

Imports into France

In 2022, imports of process control, gate, globe and other valves into France fell slightly to X tons, with a decrease of -4.4% on the previous year. The total import volume increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 35%. Over the period under review, imports of hit record highs at X tons in 2021, and then reduced in the following year.

In value terms, imports of process control, gate, globe and other valves contracted modestly to $X in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of $X, and then declined modestly in the following year.

Imports by Country

China (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of imports of process control, gate, globe and other valves to France, with a combined 72% share of total imports. These countries were followed by Spain, Belgium, the United States and the UK, which together accounted for a further 14%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +10.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest process control, gate, globe and other valves suppliers to France were Germany ($X), Italy ($X) and China ($X), together accounting for 59% of total imports. The United States, Spain, Belgium and the UK lagged somewhat behind, together comprising a further 24%.

Belgium, with a CAGR of +17.5%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for process control, gate, globe and other valves stood at $X per ton in 2022, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2018 an increase of 40%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($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 UK (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :