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

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

The Spanish market for process control, gate, globe and other valves shrank to $X in 2022, dropping by -12.3% against the previous year. In general, consumption recorded a noticeable curtailment. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of process control, gate, globe and other valves fell modestly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by 12% against the previous year. Production of peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Process Control, Gate, Globe and Other Valves

Exports from Spain

In 2022, approx. X tons of process control, gate, globe and other valves were exported from Spain; increasing by 7.2% against the year before. The total export volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 13% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of process control, gate, globe and other valves fell modestly to $X in 2022. The total export value increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

France (X tons) was the main destination for exports of process control, gate, globe and other valves from Spain, accounting for a 18% share of total exports. Moreover, exports of process control, gate, globe and other valves to France exceeded the volume sent to the second major destination, Italy (X tons), threefold. The third position in this ranking was taken by Portugal (X tons), with a 6.6% share.

From 2012 to 2022, the average annual growth rate of volume to France totaled +8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+9.0% per year) and Portugal (+0.3% per year).

In value terms, the largest markets for process control, gate, globe and other valves exported from Spain were France ($X), Italy ($X) and Portugal ($X), together comprising 29% of total exports. Germany, the UK, Saudi Arabia, the United States, Poland, China, Mexico, Morocco, Argentina and Belgium lagged somewhat behind, together comprising a further 33%.

Mexico, with a CAGR of +9.1%, saw the highest growth rate of 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, shrinking by -7.4% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 18%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Belgium ($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 Portugal (+5.9%), 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 Spain

In 2022, supplies from abroad of process control, gate, globe and other valves increased by 3.1% to X tons, rising for the second consecutive year after three years of decline. The total import volume increased at an average annual rate of +2.3% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 18%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of process control, gate, globe and other valves reached $X in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest process control, gate, globe and other valves supplier to Spain, accounting for a 57% share of total imports. Moreover, imports of process control, gate, globe and other valves from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. Italy (X tons) ranked third in terms of total imports with an 8.5% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.1% per year) and Italy (-3.8% per year).

In value terms, China ($X) constituted the largest supplier of process control, gate, globe and other valves to Spain, comprising 39% of total imports. The second position in the ranking was held by Germany ($X), with a 14% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.2% per year) and Italy (-3.9% per year).

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 -3% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 10% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :