U.S.: Market for Process Control, Gate, Globe and Other Valves 2025

Market Size for Process Control, Gate, Globe and Other Valves in the U.S.

In 2022, the U.S. market for process control, gate, globe and other valves increased by 13% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the immediate term.

Production of Process Control, Gate, Globe and Other Valves in the U.S.

In value terms, production of process control, gate, globe and other valves fell modestly to $X in 2022. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by 9.1% against the previous year. Production of peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Process Control, Gate, Globe and Other Valves

Exports from the U.S.

In 2022, shipments abroad of process control, gate, globe and other valves was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a deep slump. The pace of growth appeared the most rapid in 2017 when exports increased by 21%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of process control, gate, globe and other valves amounted to $X in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada (X tons), Mexico (X tons) and China (X tons) were the main destinations of exports of process control, gate, globe and other valves from the United States, with a combined 62% share of total exports. Brazil, India, Australia, the Netherlands, Germany, Argentina, Thailand, Saudi Arabia, South Korea and the UK lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of +1.0%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for process control, gate, globe and other valves exported from the United States were Canada ($X), Mexico ($X) and China ($X), together accounting for 45% of total exports. These countries were followed by Germany, the UK, Brazil, South Korea, the Netherlands, Australia, India, Saudi Arabia, Thailand and Argentina, which together accounted for a further 24%.

In terms of the main countries of destination, Germany, with a CAGR of +8.2%, saw the highest growth rate of 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 2022, the average export price for process control, gate, globe and other valves amounted to $X per ton, with an increase of 10% against the previous year. Overall, the export price saw a resilient expansion. The growth pace was the most rapid in 2020 when the average export price increased by 140% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Argentina ($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 the UK (+36.0%), 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 the U.S.

In 2022, after five years of growth, there was significant decline in overseas purchases of process control, gate, globe and other valves, when their volume decreased by -22.5% to X tons. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 19% against the previous year. Imports peaked at X tons in 2021, and then shrank notably in the following year.

In value terms, imports of process control, gate, globe and other valves surged to $X in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest process control, gate, globe and other valves supplier to the United States, with a 40% 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, Taiwan (Chinese) (X tons), threefold. Japan (X tons) ranked third in terms of total imports with a 9.3% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+14.4% per year) and Japan (-2.0% per year).

In value terms, the largest process control, gate, globe and other valves suppliers to the United States were China ($X), Mexico ($X) and Japan ($X), with a combined 50% share of total imports. Germany, Taiwan (Chinese), Italy, Canada, the UK, South Korea, India and Vietnam lagged somewhat behind, together comprising a further 32%.

Among the main suppliers, Vietnam, with a CAGR of +32.4%, recorded the highest growth rate of 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

The average import price for process control, gate, globe and other valves stood at $X per ton in 2022, jumping by 49% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for process control, gate, globe and other valves increased by +60.1% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :