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

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

In 2022, the UK market for process control, gate, globe and other valves increased by 11% to $X, rising for the sixth consecutive year after two years of decline. Over the period under review, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +77.9% against 2016 indices. Consumption of peaked in 2022 and is expected to retain growth in the immediate term.

Production of Process Control, Gate, Globe and Other Valves in the UK

In value terms, production of process control, gate, globe and other valves declined slightly to $X in 2022 estimated in export price. Overall, production, however, showed a slight descent. The most prominent rate of growth was recorded in 2018 when the production volume increased by 15% against the previous year. Over the period under review, production of attained the peak level 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 the UK

In 2022, the amount of process control, gate, globe and other valves exported from the UK amounted to X tons, increasing by 3.7% compared with 2021 figures. Over the period under review, exports, however, showed a noticeable setback. The pace of growth was the most pronounced in 2018 with an increase of 17% against the previous year. Over the period under review, the exports of attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, exports of process control, gate, globe and other valves soared to $X in 2022. The total export value increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The exports peaked at $X in 2014; afterwards, it flattened through to 2022.

Exports by Country

Saudi Arabia (X tons), Ireland (X tons) and the United Arab Emirates (X tons) were the main destinations of exports of process control, gate, globe and other valves from the UK, with a combined 20% share of total exports. China, Norway, the United States, the Netherlands, Germany, Spain, Italy, India, Egypt and Angola lagged somewhat behind, together comprising a further 41%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +6.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Norway ($X) appeared to be the largest markets for process control, gate, globe and other valves exported from the UK worldwide, with a combined 28% share of total exports.

Among the main countries of destination, China, with a CAGR of +10.9%, saw 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

The average export price for process control, gate, globe and other valves stood at $X per ton in 2022, rising by 14% against the previous year. In general, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 an increase of 48%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average 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 United States ($X per ton), while the average price for exports to Egypt ($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 China (+11.1%), 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 UK

In 2022, imports of process control, gate, globe and other valves into the UK fell slightly to X tons, with a decrease of -2.8% against the year before. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. Over the period under review, imports of reached the maximum at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of process control, gate, globe and other valves expanded markedly to $X in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual 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 the UK, with a 47% 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, Italy (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.5% per year) and Germany (-2.0% per year).

In value terms, China ($X), the United States ($X) and Italy ($X) constituted the largest process control, gate, globe and other valves suppliers to the UK, with a combined 57% share of total imports. Germany, France, Spain, the Netherlands, the Czech Republic, India and Poland lagged somewhat behind, together comprising a further 26%.

The Czech Republic, with a CAGR of +21.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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, rising by 14% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the United States ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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