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

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

The Israeli market for process control, gate, globe and other valves surged to $X in 2022, growing by 24% against the previous year. In general, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +2.1% 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 +34.4% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

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

In value terms, production of process control, gate, globe and other valves amounted to $X in 2022 estimated in export price. In general, production saw a mild decrease. The most prominent rate of growth was recorded in 2018 with an increase of 29% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Process Control, Gate, Globe and Other Valves

Exports from Israel

In 2022, overseas shipments of process control, gate, globe and other valves increased by 16% to X tons, rising for the fourth consecutive year after four years of decline. The total export volume increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 16% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of process control, gate, globe and other valves reached $X in 2022. Overall, total exports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.2% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of 22%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

The United States (X tons) was the main destination for exports of process control, gate, globe and other valves from Israel, with a 23% share of total exports. Moreover, exports of process control, gate, globe and other valves to the United States exceeded the volume sent to the second major destination, China (X tons), threefold. Spain (X tons) ranked third in terms of total exports with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to +1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+2.2% per year) and Spain (+9.9% per year).

In value terms, the United States ($X) remains the key foreign market for process control, gate, globe and other valves exports from Israel, comprising 23% of total exports. The second position in the ranking was held by China ($X), with a 7.2% share of total exports. It was followed by Spain, with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +3.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+4.1% per year) and Spain (+11.9% per year).

Export Prices by Country

In 2022, the average export price for process control, gate, globe and other valves amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2017 an increase of 13%. The export price peaked at $X per ton in 2021, and then declined slightly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mexico ($X per ton) and South Africa ($X per ton), while the average price for exports to Germany ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+1.8%), 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 Israel

In 2022, approx. X tons of process control, gate, globe and other valves were imported into Israel; increasing by 95% against the year before. Overall, imports enjoyed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of process control, gate, globe and other valves skyrocketed to $X in 2022. In general, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the United States (X tons) and Germany (X tons) were the main suppliers of imports of process control, gate, globe and other valves to Israel, together accounting for 33% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +8.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest process control, gate, globe and other valves suppliers to Israel were China ($X), the United States ($X) and Germany ($X), together accounting for 49% of total imports.

China, with a CAGR of +10.2%, recorded the highest growth rate of the value of imports, in terms of 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, which is down by -36.1% against the previous year. Over the period under review, the import price recorded a perceptible descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by 12% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then declined markedly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and China ($X per ton), while the price for South Korea ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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