U.S. - Pressure-Reducing, Control, Check and Safety Valves - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPressure-Reducing Iron Valve Price in the United States - 2023
Contents:
- Pressure-Reducing Iron Valve Price in the United States (CIF) - 2022
- Pressure-Reducing Iron Valve Price in the United States (FOB) - 2023
- Pressure-Reducing Iron Valve Imports in the United States
- Pressure-Reducing Iron Valve Exports in the United States
Pressure-Reducing Iron Valve Price in the United States (CIF) - 2022
The average pressure-reducing iron valve import price stood at $8.2 per unit in 2022, falling by -1.7% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pressure-reducing iron valve import price decreased by -3.8% against 2020 indices. The growth pace was the most rapid in 2019 when the average import price increased by 34%. Over the period under review, average import prices reached the peak figure at $8.5 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($16 per unit), while the price for Taiwan (Chinese) ($3.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Pressure-Reducing Iron Valve Price in the United States (FOB) - 2023
The average pressure-reducing iron valve export price stood at $288 per unit in September 2023, surging by 5.8% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 18% month-to-month. The export price peaked in September 2023.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Canada ($831 per unit), while the average price for exports to Argentina ($102 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Pressure-Reducing Iron Valve Imports in the United States
Pressure-reducing iron valve imports into the United States soared to 65M units in 2022, growing by 18% against the previous year's figure. The total import volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, pressure-reducing iron valve imports skyrocketed to $531M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 21%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Pressure-Reducing Iron Valve in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 165 | 142 | 161 | 178 | 2.6% |
| China | 38.5 | 44.7 | 60.8 | 81.5 | 28.4% |
| Japan | 28.2 | 25.7 | 41.0 | 45.6 | 17.4% |
| Germany | 34.9 | 29.0 | 34.8 | 42.0 | 6.4% |
| Italy | 36.8 | 31.3 | 34.0 | 41.8 | 4.3% |
| South Korea | 19.7 | 22.4 | 30.5 | 31.9 | 17.4% |
| Canada | 20.6 | 16.1 | 15.9 | 18.3 | -3.9% |
| Taiwan (Chinese) | 2.3 | 5.0 | 7.6 | 12.0 | 73.4% |
| Others | 78.1 | 64.1 | 73.6 | 79.7 | 0.7% |
| Total | 424 | 380 | 459 | 531 | 7.8% |
Top Suppliers of Pressure-Reducing Iron Valve to the United States in 2022:
- China (19.6M units)
- Mexico (11.1M units)
- Japan (9.1M units)
- Italy (6.9M units)
- Germany (4.7M units)
- South Korea (3.8M units)
- Taiwan (Chinese) (3.0M units)
- Canada (1.1M units)
Pressure-Reducing Iron Valve Exports in the United States
In 2022, overseas shipments of pressure-reducing, control, check and safety valves were finally on the rise to reach 28M units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a deep slump. Over the period under review, the exports reached the peak figure at 35M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, pressure-reducing iron valve exports expanded significantly to $425M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Pressure-Reducing Iron Valve in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 101 | 85.7 | 98.5 | 122 | 6.5% |
| Mexico | 50.5 | 46.9 | 44.3 | 51.0 | 0.3% |
| China | 34.6 | 25.9 | 33.1 | 35.8 | 1.1% |
| Germany | 28.9 | 20.6 | 22.8 | 25.5 | -4.1% |
| United Kingdom | 25.7 | 28.0 | 15.6 | 23.2 | -3.4% |
| South Korea | 10.7 | 18.1 | 15.9 | 17.2 | 17.1% |
| Singapore | 18.8 | 16.2 | 12.6 | 12.8 | -12.0% |
| Japan | 11.9 | 12.0 | 10.2 | 10.7 | -3.5% |
| Brazil | 11.6 | 8.9 | 11.6 | 8.9 | -8.5% |
| Australia | 6.9 | 6.2 | 7.2 | 7.4 | 2.4% |
| France | 7.1 | 4.4 | 6.3 | 6.6 | -2.4% |
| United Arab Emirates | 8.4 | 6.5 | 6.6 | 4.1 | -21.3% |
| Dominican Republic | 1.5 | 0.8 | 0.7 | 4.0 | 38.7% |
| Others | 99.5 | 83.7 | 89.6 | 95.9 | -1.2% |
| Total | 417 | 364 | 375 | 425 | 0.6% |
Top Export Markets for Pressure-Reducing Iron Valve from the United States in 2022:
- Mexico (6.7M units)
- China (3.7M units)
- Germany (3.7M units)
- Canada (2.3M units)
- United Kingdom (1.1M units)
- France (1.0M units)
- South Korea (0.7M units)
- Singapore (0.6M units)
- Dominican Republic (0.5M units)
- Japan (0.5M units)
- Brazil (0.4M units)
- Australia (0.4M units)
- United Arab Emirates (0.4M units)
This report provides an in-depth analysis of the pressure-reducing iron valve market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28141120 - Pressure-reducing valves of cast iron or steel, for pipes, b oiler shells, tanks, vats and the like (excluding those combined with lubricators or filters)
- Prodcom 28141140 - Pressure-reducing valves for pipes, boiler shells, tanks, vats and the like (excluding of cast iron or steel, those combined with filters or lubricators)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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