Belgium - Taps, Cocks, Valves And Similar Appliances - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Belgium - Taps, Cocks, Valves And Similar Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Tap and Valve Price in Belgium - 2023

Contents:

  1. Tap and Valve Price in Belgium (CIF) - 2022
  2. Tap and Valve Price in Belgium (FOB) - 2022
  3. Tap and Valve Imports in Belgium
  4. Tap and Valve Exports in Belgium

Tap and Valve Price in Belgium (CIF) - 2022

In 2022, the average tap and valve import price amounted to $23,370 per ton, surging by 23% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $27,670 per ton in 2014; however, from 2015 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 the United States ($49,154 per ton), while the price for China ($12,427 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Tap and Valve Price in Belgium (FOB) - 2022

In 2022, the average tap and valve export price amounted to $48,694 per ton, jumping by 33% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($117,558 per ton), while the average price for exports to Turkey ($24,968 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 France (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Tap and Valve Imports in Belgium

In 2022, after three years of growth, there was significant decline in purchases abroad of taps, cocks, valves and similar appliances, when their volume decreased by -45.4% to 37K tons. Over the period under review, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 47% against the previous year.

In value terms, tap and valve imports fell markedly to $874M in 2022. Overall, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 43%.

Import of Tap and Valve in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany291420481289-0.2%
Italy1081621951357.7%
Netherlands75.912912383.63.3%
France65.288.310073.13.9%
China32.144.180.557.821.7%
United States43.448.148.836.1-6.0%
United Kingdom24.530.234.121.4-4.4%
Poland10.015.028.020.326.6%
Denmark19.335.833.819.1-0.3%
Spain14.419.018.919.09.7%
Austria11.415.119.916.012.0%
Czech Republic12.712.917.915.15.9%
Others75.997.612288.55.3%
Total7841,1181,3038743.7%

Top Suppliers of Tap and Valve to Belgium in 2022:

  1. Germany (9.7K tons)
  2. Italy (6.1K tons)
  3. Netherlands (4.8K tons)
  4. China (4.7K tons)
  5. France (3.1K tons)
  6. Poland (1.2K tons)
  7. Czech Republic (0.9K tons)
  8. Spain (0.9K tons)
  9. Denmark (0.8K tons)
  10. Austria (0.8K tons)
  11. United States (0.7K tons)
  12. United Kingdom (0.5K tons)

Tap and Valve Exports in Belgium

In 2022, overseas shipments of taps, cocks, valves and similar appliances decreased by -60.8% to 12K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 110% against the previous year.

In value terms, tap and valve exports declined significantly to $576M in 2022. Over the period under review, exports, however, posted a perceptible expansion. The pace of growth appeared the most rapid in 2020 with an increase of 67%.

Export of Tap and Valve in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany96.415617997.60.4%
Netherlands63.895.111159.4-2.4%
France47.680.490.548.30.5%
China21.735.262.534.917.2%
Mexico10.026.963.134.651.2%
United States32.348.348.930.3-2.1%
Italy14.528.146.022.716.1%
United Kingdom14.423.042.918.38.3%
Japan14.134.133.715.94.1%
Poland11.621.231.415.08.9%
Luxembourg12.520.328.313.21.8%
Turkey7.916.119.911.814.3%
Czech Republic5.38.812.46.99.2%
Others175289333167-1.5%
Total5278821,1035763.0%

Top Export Markets for Tap and Valve from Belgium in 2022:

  1. Germany (2257.0 tons)
  2. Netherlands (1773.1 tons)
  3. France (890.8 tons)
  4. Poland (560.6 tons)
  5. Turkey (471.6 tons)
  6. Luxembourg (436.4 tons)
  7. China (410.9 tons)
  8. United States (371.7 tons)
  9. Italy (344.9 tons)
  10. United Kingdom (322.8 tons)
  11. Mexico (294.4 tons)
  12. Japan (245.0 tons)
  13. Czech Republic (216.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tap and valve market in Belgium. 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 28121420 - Pneumatic filters, regulators and lubricators
  • Prodcom 28121450 - Valves for the control of oleohydraulic power transmission for pipes, boiler shells, tanks, vats and the like
  • Prodcom 28121480 - Valves for the control of pneumatic power transmission for pipes, boiler shells, tanks, vats and the like
  • 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)
  • Prodcom 28141160 - Check valves for pipes, boiler shells, tanks, vats and the like
  • Prodcom 28141170 - Valves for pneumatic tyres and inner-tubes
  • Prodcom 28141180 - Safety or relief valves for pipes, boiler shells, tanks, vats and the like
  • 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 28141313 - Other process control valves, temperature regulators
  • 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 28141333 - Other gate valves, of cast iron
  • Prodcom 28141335 - Other gate valves, of steel
  • Prodcom 28141337 - Other gate valves, other
  • Prodcom 28141353 - Globe valves, of cast iron
  • Prodcom 28141355 - Globe valves, of steel
  • Prodcom 28141357 - Other globe valves
  • Prodcom 28141373 - Ball and plug valves
  • Prodcom 28141375 - Butterfly valves
  • Prodcom 28141377 - Diaphragm valves
  • Prodcom 28141380 - Other appliances

Country coverage:

  • Belgium

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Belgium
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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