Italy: Check Valve Market 2025

Check Valve Market Size in Italy

The Italian check valve market fell markedly to $X in 2021, waning by -48.5% against the previous year. Overall, consumption, however, enjoyed a buoyant expansion. As a result, consumption attained the peak level of $X, and then contracted dramatically in the following year.

Check Valve Production in Italy

In value terms, check valve production surged to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2017 when the production volume increased by 20%. Check valve production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Check Valve Exports

Exports from Italy

Check valve exports from Italy soared to X units in 2021, growing by 65% against 2020 figures. In general, exports showed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, check valve exports expanded notably to $X in 2021. The total export value increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2013 with an increase of 21%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X units), Germany (X units) and Canada (X units) were the main destinations of check valve exports from Italy, with a combined 29% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +71.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and France ($X) appeared to be the largest markets for check valve exported from Italy worldwide, together comprising 29% of total exports. The United States, Saudi Arabia, Canada, the United Arab Emirates, Spain, Poland, the UK, Russia, Singapore and Peru lagged somewhat behind, together comprising a further 39%.

Among the main countries of destination, Canada, with a CAGR of +46.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average check valve export price amounted to $X per unit, dropping by -36.1% against the previous year. In general, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2013 when the average export price increased by 17% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Canada ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-2.8%), while the prices for the other major destinations experienced a decline.

Check Valve Imports

Imports into Italy

In 2021, purchases abroad of check valves for pipes, boiler shells, tanks and vats increased by 139% to X units, rising for the third year in a row after two years of decline. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, check valve imports skyrocketed to $X in 2021. Overall, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest check valve supplier to Italy, with a 66% share of total imports. Moreover, check valve imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), sixfold. France (X units) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +26.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+16.0% per year) and France (+21.5% per year).

In value terms, China ($X), Germany ($X) and the United States ($X) constituted the largest check valve suppliers to Italy, together comprising 71% of total imports.

In terms of the main suppliers, China, with a CAGR of +19.4%, saw 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

In 2021, the average check valve import price amounted to $X per unit, shrinking by -37.6% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 34% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-5.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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