Global Sink Valve Market 2020

Sink Valve Market Size

The global sink valve market revenue amounted to $X in 2017, going down by -X% against the previous year. Overall, sink valve consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, when market value increased by X% against the previous year. In that year, the global sink valve market reached their peak level of $X. From 2016 to 2017, growth of the global sink valve market failed to regain its momentum.

Sink Valve Production

In 2017, approx. X units of taps, cocks and valves for sinks, wash basins, bidets and water cisterns were produced worldwide; approximately reflecting the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2012, when the output figure increased by X% against the previous year. Global sink valve production peaked in 2017, and is expected to retain its growth in the near future.

Sink Valve Exports

Global exports amounted to X units in 2017, picking up by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014, with an increase of X% year-to-year. Over the period under review, the global sink valve exports attained its peak figure volume in 2017, and are likely to see steady growth in the near future.

In value terms, sink valve exports totaled $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the global sink valve exports attained its peak figure level of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Sink Valve Exports by Country

In 2017, China (X units), distantly followed by Italy (X units), Germany (X units), the U.S. (X units) and India (X units) represented the key exporters of taps, cocks and valves for sinks, wash basins, bidets and water cisterns, together constituting X% of total exports. The following exporters - Mexico (X units), the Czech Republic (X units), France (X units), Spain (X units), South Korea (X units), Japan (X units) and the UK (X units) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest sink valve markets worldwide were China ($X), Germany ($X) and the U.S. ($X), together comprising X% of global exports. Italy, Japan, France, Mexico, the UK, the Czech Republic, South Korea, Spain and India lagged somewhat behind, together accounting for a further X%.

India (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other global leaders experienced more modest paces of growth.

Sink Valve Export Prices by Country

The average sink valve export price stood at $X per unit in 2017, going down by -X% against the previous year. Overall, sink valve export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when it surged by X% y-o-y. Over the period under review, the average export prices for taps, cocks and valves for sinks, wash basins, bidets and water cisterns reached its peak figure level of $X per unit in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Japan ($X per unit), while India ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Korea (+X% per year), while the other global leaders experienced more modest paces of growth.

Sink Valve Imports

In 2017, approx. X units of taps, cocks and valves for sinks, wash basins, bidets and water cisterns were imported worldwide; coming up by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2010, when imports increased by X% against the previous year. Global imports peaked of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, sink valve imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. Global imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Sink Valve Imports by Country

In 2017, the U.S. (X units), distantly followed by China (X units) and Russia (X units) were the major importers of taps, cocks and valves for sinks, wash basins, bidets and water cisterns, together generating X% of total imports. The following importers - Germany (X units), Canada (X units), the United Arab Emirates (X units), France (X units), Saudi Arabia (X units), Mexico (X units), the UK (X units), the Netherlands (X units) and Indonesia (X units) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to sink valve imports into the U.S. stood at +X%. At the same time, Indonesia (+X%), Russia (+X%), China (+X%), Mexico (+X%), Saudi Arabia (+X%), the United Arab Emirates (+X%), Canada (+X%), the Netherlands (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. France experienced a relatively flat trend pattern. By contrast, the UK (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of China, Russia and the U.S. decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported taps, cocks and valves for sinks, wash basins, bidets and water cisterns worldwide, making up X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In the U.S., sink valve imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: China (+X% per year) and Germany (+X% per year).

Sink Valve Import Prices by Country

The average sink valve import price stood at $X per unit in 2017, reducing by -X% against the previous year. Overall, sink valve import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013, when it surged by X% against the previous year. Over the period under review, the average import prices for taps, cocks and valves for sinks, wash basins, bidets and water cisterns reached its maximum level of $X per unit in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($X per unit), while Indonesia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform