Philippines - Process Control, Gate, Globe and Other Valves - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Process Control, Gate, Globe and Other Valves in the Philippines - 2023
Contents:
- Price for Process Control, Gate, Globe and Other Valves in the Philippines (CIF) - 2022
- Price for Process Control, Gate, Globe and Other Valves in the Philippines (FOB) - 2022
- Imports of Process Control, Gate, Globe and Other Valves in the Philippines
- Exports of Process Control, Gate, Globe and Other Valves in the Philippines
Price for Process Control, Gate, Globe and Other Valves in the Philippines (CIF) - 2022
The average import price for process control, gate, globe and other valves stood at $29,719 per ton in 2022, which is down by -3.5% against the previous year. In general, the import price, however, showed a significant increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 144%. Over the period under review, average import prices attained the maximum at $30,807 per ton in 2021, and then dropped in the following year.
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 India ($29,719 per ton), while the price for the United Arab Emirates ($11,439 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+27.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Process Control, Gate, Globe and Other Valves in the Philippines (FOB) - 2022
In 2022, the average export price for process control, gate, globe and other valves amounted to $37,587 per ton, approximately equating the previous year. Over the period under review, the export price, however, continues to indicate a significant increase. The pace of growth was the most pronounced in 2015 an increase of 786%. Over the period under review, the average export prices reached the peak figure at $153,067 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Vietnam ($37,587 per ton) and Australia ($37,587 per ton), while the average price for exports to Thailand ($37,586 per ton) and South Korea ($37,587 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+30.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Process Control, Gate, Globe and Other Valves in the Philippines
In 2022, approx. 5.6K tons of process control, gate, globe and other valves were imported into the Philippines; with an increase of 14% against the year before. Over the period under review, imports, however, saw a abrupt curtailment.
In value terms, imports of process control, gate, globe and other valves expanded notably to $168M in 2022. In general, imports, however, saw a pronounced decrease.
| Import of Process Control, Gate, Globe and Other Valves in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 65.8 | 42.5 | 48.7 | 60.0 | -3.0% |
| Japan | 30.3 | 25.3 | 19.4 | 19.7 | -13.4% |
| United States | 14.0 | 12.9 | 10.3 | 12.3 | -4.2% |
| Singapore | 16.9 | 12.1 | 13.5 | 9.5 | -17.5% |
| Germany | 11.0 | 9.8 | 8.7 | 7.6 | -11.6% |
| Thailand | 7.5 | 4.8 | 6.1 | 7.3 | -0.9% |
| Italy | 4.3 | 4.2 | 3.4 | 6.2 | 13.0% |
| South Korea | 6.9 | 5.7 | 5.0 | 6.1 | -4.0% |
| India | 5.2 | 3.9 | 2.7 | 5.0 | -1.3% |
| Taiwan (Chinese) | 2.8 | 5.1 | 4.6 | 4.4 | 16.3% |
| Malaysia | 4.5 | 2.3 | 3.9 | 4.4 | -0.7% |
| Netherlands | 2.2 | 2.1 | 1.7 | 4.0 | 22.1% |
| United Arab Emirates | 1.1 | 0.8 | 2.5 | 1.5 | 10.9% |
| Others | 21.4 | 15.9 | 21.2 | 19.5 | -3.1% |
| Total | 194 | 147 | 152 | 168 | -4.7% |
Top Suppliers of Process Control, Gate, Globe and Other Valves to the Philippines in 2022:
- China (2020.1 tons)
- Japan (662.2 tons)
- United States (414.5 tons)
- Singapore (320.3 tons)
- Germany (256.5 tons)
- Thailand (246.3 tons)
- Italy (210.1 tons)
- South Korea (206.6 tons)
- India (169.3 tons)
- Taiwan (Chinese) (147.0 tons)
- Malaysia (146.9 tons)
- United Arab Emirates (135.3 tons)
- Netherlands (133.0 tons)
Exports of Process Control, Gate, Globe and Other Valves in the Philippines
In 2022, shipments abroad of process control, gate, globe and other valves decreased by -34.7% to 1.9K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a precipitous decrease. The pace of growth appeared the most rapid in 2020 with an increase of 48%. As a result, the exports reached the peak of 12K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of process control, gate, globe and other valves declined rapidly to $73M in 2022. Overall, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2020 when exports increased by 58%. As a result, the exports reached the peak of $415M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Process Control, Gate, Globe and Other Valves in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 82.7 | 235 | 74.8 | 41.1 | -20.8% |
| Japan | 9.1 | 11.2 | 10.6 | 11.2 | 7.2% |
| China | 88.5 | 102 | 11.8 | 7.6 | -55.9% |
| Taiwan (Chinese) | 7.6 | 18.2 | 9.5 | 6.2 | -6.6% |
| Australia | 3.0 | 2.0 | 1.6 | 1.9 | -14.1% |
| South Korea | 41.8 | 20.1 | 0.5 | 1.4 | -67.8% |
| Thailand | 0.4 | 0.1 | 0.3 | 1.1 | 40.1% |
| Hong Kong SAR | 28.4 | 25.1 | 0.9 | 0.5 | -74.0% |
| Others | 1.3 | 1.3 | 2.4 | 1.6 | 7.2% |
| Total | 263 | 415 | 112 | 72.7 | -34.9% |
Top Export Markets for Process Control, Gate, Globe and Other Valves from the Philippines in 2022:
- Vietnam (1093.1 tons)
- Japan (298.9 tons)
- China (203.5 tons)
- Taiwan (Chinese) (164.5 tons)
- Australia (51.1 tons)
- South Korea (38.3 tons)
- Thailand (29.4 tons)
- Hong Kong SAR (12.7 tons)
This report provides an in-depth analysis of the market for process control, gate, globe and other valves in the Philippines. 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 28141233 - Mixing valves for sinks, wash basins, bidets, water cisterns etc. excluding valves for pressure-reducing or oleohydraulic/pneumatic power transmissions, check valves, s afety/relief valves
- Prodcom 28141235 - Taps, cocks and valves for sinks, wash basins, bidets, water cisterns etc. excluding valves for pressurereducing/ oleohydraulic transmissions, check, safety, relief and mixing valves
- Prodcom 28141253 - Central heating radiator thermostatic valves
- Prodcom 28141255 - Central heating radiator valves, other
- Prodcom 28141170 - Valves for pneumatic tyres and inner-tubes
- Prodcom 28141315 - Process control valves for pipes, boiler shells, tanks etc. excluding valves for pressure-reducing or oleohydraulic/pneumatic power transmissions, check, s afety/relief valves, temp. regulators
- Prodcom 28141353 - Globe valves, of cast iron
- Prodcom 28141355 - Globe valves, of steel
- Prodcom 28141373 - Ball and plug valves
- Prodcom 28141375 - Butterfly valves
- Prodcom 28141377 - Diaphragm valves
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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
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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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