Mexico - 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 Mexico - 2023
Contents:
- Pressure-Reducing Iron Valve Price in Mexico (FOB) - 2023
- Pressure-Reducing Iron Valve Price in Mexico (CIF) - 2022
- Pressure-Reducing Iron Valve Exports in Mexico
- Pressure-Reducing Iron Valve Imports in Mexico
Pressure-Reducing Iron Valve Price in Mexico (FOB) - 2023
In August 2023, the average pressure-reducing iron valve export price amounted to $4.6 per unit, picking up by 16% against the previous month. In general, export price indicated a buoyant expansion from August 2022 to August 2023: its price increased at an average monthly rate of +6.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, pressure-reducing iron valve export price increased by +74.5% against June 2023 indices. The pace of growth appeared the most rapid in September 2022 an increase of 51% against the previous month. Over the period under review, the average export prices hit record highs in August 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From August 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to +6.0% per month.
Pressure-Reducing Iron Valve Price in Mexico (CIF) - 2022
In 2022, the average pressure-reducing iron valve import price amounted to $12 per unit, picking up by 21% against the previous year. Overall, the import price saw a buoyant increase. The pace of growth was the most pronounced in 2015 an increase of 186% against the previous year. Over the period under review, average import prices reached the peak figure at $41 per unit in 2016; however, from 2017 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 Germany ($15 per unit), while the price for China ($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 United States (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Pressure-Reducing Iron Valve Exports in Mexico
In 2022, approx. 63M units of pressure-reducing, control, check and safety valves were exported from Mexico; growing by 18% on 2021 figures. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 151% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, pressure-reducing iron valve exports amounted to $201M in 2022. In general, exports, however, saw a perceptible slump. Over the period under review, the exports attained the maximum at $219M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Pressure-Reducing Iron Valve in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 200 | 156 | 172 | 198 | -0.3% |
Others | 18.9 | 5.5 | 4.5 | 3.1 | -45.3% |
Total | 219 | 162 | 176 | 201 | -2.8% |
Top Export Markets for Pressure-Reducing Iron Valve from Mexico in 2022:
- United States (62.3M units)
Pressure-Reducing Iron Valve Imports in Mexico
In 2022, imports of pressure-reducing, control, check and safety valves into Mexico soared to 11M units, growing by 19% compared with the year before. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 40%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, pressure-reducing iron valve imports surged to $132M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Pressure-Reducing Iron Valve in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 11.3 | 11.0 | 13.3 | 51.0 | 65.3% |
United States | 46.9 | 41.8 | 48.6 | 49.1 | 1.5% |
China | 5.5 | 4.2 | 6.0 | 6.2 | 4.1% |
Italy | 5.0 | 2.8 | 4.5 | 4.1 | -6.4% |
Czech Republic | 0.4 | 0.7 | 2.1 | 3.0 | 95.7% |
Hungary | 1.6 | 2.9 | 3.3 | 3.0 | 23.3% |
South Korea | 3.1 | 1.9 | 2.3 | 3.0 | -1.1% |
Spain | 4.4 | 2.5 | 0.7 | 1.0 | -39.0% |
Others | 11.4 | 11.5 | 11.4 | 11.8 | 1.2% |
Total | 89.4 | 79.3 | 92.1 | 132 | 13.9% |
Top Suppliers of Pressure-Reducing Iron Valve to Mexico in 2022:
- United States (4.0M units)
- Germany (3.4M units)
- China (1.6M units)
- Italy (0.5M units)
- South Korea (0.4M units)
- Czech Republic (0.3M units)
- Hungary (0.2M units)
- Spain (0.2M units)
This report provides an in-depth analysis of the pressure-reducing iron valve market in Mexico. 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:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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
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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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In July 2022, the safety valve price amounted to $3.1 per unit (CIF, Mexico), falling by -6.7% against the previous month.
The price of the Check Valve in June 2023 was $16,188 per ton (CIF, Mexico), showing a decrease of -41.6% compared to the previous month.
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