Southern Asia: Steel Globe Valves Market 2020

Steel Globe Valves Market Size in Southern Asia

The revenue of the steel globe valves market in Southern Asia amounted to $X in 2017, lowering by -X% against the previous year. The total market indicated a temperate 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. The most prominent rate of growth was recorded in 2008, when market value increased by X% y-o-y. Over the period under review, the steel globe valves market reached its maximum level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Steel Globe Valves Production in Southern Asia

In 2017, production of globe valves, of steel in Southern Asia totaled X units, jumping by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The growth pace was the most rapid in 2011, when the output figure increased by X% year-to-year. The volume of steel globe valves production peaked in 2017, and is expected to retain its growth in the near future.

Steel Globe Valves Exports in Southern Asia

In 2017, approx. X units of globe valves, of steel were exported in Southern Asia; picking up by X% against the previous year. The steel globe valves exports continue to indicate a remarkable growth. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. Over the period under review, the steel globe valves exports attained its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, steel globe valves exports amounted to $X in 2017. The steel globe valves exports continue to indicate a prominent expansion. Over the period under review, the steel globe valves exports reached its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Steel Globe Valves Exports by Country in Southern Asia

The countries with the highest levels of steel globe valves exports in 2017 were India (X units), together finishing at X% of total export.

India was also the fastest growing in terms of the globe valves, of steel exports, with a CAGR of +X% from 2007 to 2017. India (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest steel globe valves supplier in Southern Asia.

In India, steel globe valves exports expanded at an average annual rate of +X% over the period from 2007-2017.

Steel Globe Valves Export Prices by Country in Southern Asia

The steel globe valves export price in Southern Asia stood at $X per thousand units in 2017, coming down by -X% against the previous year. The steel globe valves export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% against the previous year. Over the period under review, the export prices for globe valves, of steel attained its peak figure level of $X per unit in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for India.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by India (-X% per year).

Steel Globe Valves Imports in Southern Asia

In 2017, imports of globe valves, of steel in Southern Asia amounted to X units, coming up by X% against the previous year. The total imports indicated a prominent 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 steel globe valves imports increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, steel globe valves imports totaled $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. The level of imports peaked of $X in 2016, and then declined slightly in the following year.

Steel Globe Valves Imports by Country in Southern Asia

In 2017, India (X units) represented the key importer for globe valves, of steel, creating X% of total imports. Sri Lanka (X units) ranks second in terms of the global imports with a X% share, followed by Pakistan (X%). The following importers - Bangladesh (X units) and Nepal (X units) each reached a X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to steel globe valves imports into India stood at +X%. At the same time, Nepal (+X%), Sri Lanka (+X%), Pakistan (+X%) and Bangladesh (+X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. While the share of Pakistan (-X%), Sri Lanka (-X%) and India (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported globe valves, of steel in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of global imports. It was followed by Sri Lanka, with a X% share.

In India, steel globe valves imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+X% per year) and Sri Lanka (+X% per year).

Steel Globe Valves Import Prices by Country in Southern Asia

In 2017, the steel globe valves import price in Southern Asia amounted to $X per unit, waning by -X% against the previous year. The steel globe valves import price continues to indicate a temperate setback. The pace of growth appeared the most rapid in 2011, an increase of X% y-o-y. Over the period under review, the import prices for globe valves, of steel reached its peak figure level of $X per unit in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Pakistan ($X per unit), while Sri Lanka ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Bangladesh (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform