Latin America and the Caribbean: Process Control Valve Market 2020

Process Control Valve Market Size in Latin America and the Caribbean

The revenue of the process control valve market in Latin America and the Caribbean amounted to $X in 2017, going up by X% against the previous year. The total market indicated a prominent expansion 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 process control valve consumption decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2015, with an increase of X% year-to-year. In that year, the process control valve market reached their peak level of $X. From 2016 to 2017, growth of the process control valve market stood at a somewhat lower level.

Process Control Valve Production in Latin America and the Caribbean

The process control valve production totaled X units in 2017, remaining stable against the previous year. The process control valve production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. Over the period under review, the process control valve production attained its peak figure volume in 2017, and is likely to continue its growth in the immediate term.

Process Control Valve Exports in Latin America and the Caribbean

In 2017, approx. X units of process control valves for pipes, boiler shells and tanks were exported in Latin America and the Caribbean; falling by -X% against the previous year. The process control valve exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009, when exports increased by X% against the previous year. Over the period under review, the process control valve exports reached its peak figure volume of X units in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, process control valve exports totaled $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The level of exports peaked in 2017, and are likely to continue its growth in the near future.

Process Control Valve Exports by Country in Latin America and the Caribbean

In 2017, Mexico (X units) represented the key exporter for process control valves for pipes, boiler shells and tanks, generating X% of total exports. It was distantly followed by Brazil (X units) and Argentina (X units), together achieving X% share of total exports.

From 2007 to 2017, average annual rates of growth with regard to process control valve exports from Mexico stood at -X%. At the same time, Brazil (+X%) and Argentina (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Mexico increased by X% percentage points, while Argentina (-X%) and Brazil (-X%) saw their share reduced.

In value terms, Mexico ($X) remains the largest process control valve supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports. It was followed by Argentina, with a X% share.

In Mexico, process control valve exports expanded 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: Brazil (+X% per year) and Argentina (+X% per year).

Process Control Valve Export Prices by Country in Latin America and the Caribbean

In 2017, the process control valve export price in Latin America and the Caribbean amounted to $X per unit, jumping by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008, when the export prices increased by X% year-to-year. Over the period under review, the export prices for process control valves for pipes, boiler shells and tanks reached its peak figure level in 2017, and is expected to retain its growth in the near future.

Export prices varied noticeably by the country of destination; the country with the highest export price was Brazil ($X per unit), while Argentina ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mexico (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Process Control Valve Imports in Latin America and the Caribbean

In 2017, the amount of process control valves for pipes, boiler shells and tanks imported in Latin America and the Caribbean amounted to X units, jumping by X% against the previous year. The total imports indicated a noticeable 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. Based on 2017 figures, the process control valve imports decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2010, when it surged by X% year-to-year. The volume of imports peaked of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, process control valve imports amounted to $X in 2017. The total imports indicated a remarkable 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 process control valve imports decreased by -X% against 2014 indices. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Process Control Valve Imports by Country in Latin America and the Caribbean

Mexico represented the largest importing country with an import of about X units, which resulted at X% of total imports. Brazil (X units) occupied the second position in the ranking, followed by Argentina (X units), Peru (X units), Colombia (X units) and Chile (X units). All these countries together held near X% share of total imports. Ecuador (X units) held the minor share of total imports.

Imports into Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Peru (+X%), Argentina (+X%), Brazil (+X%) and Chile (+X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Colombia experienced a relatively flat trend pattern. By contrast, Ecuador (-X%) illustrated a downward trend over the same period. While the share of Peru (-X%), Argentina (-X%), Brazil (-X%) and Mexico (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported process control valves for pipes, boiler shells and tanks in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Argentina, with a X% share.

In Mexico, process control valve imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Argentina (+X% per year).

Process Control Valve Import Prices by Country in Latin America and the Caribbean

In 2017, the process control valve import price in Latin America and the Caribbean amounted to $X per unit, increasing by X% against the previous year. The process control valve import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when it surged by X% against the previous year. In that year, the import prices for process control valves for pipes, boiler shells and tanks attained their peak level of $X per unit. From 2009 to 2017, growth of the import prices for process control valves for pipes, boiler shells and tanks failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Chile ($X per unit), while Peru ($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 Ecuador (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform