Recently, according to import and export value and quantity datum of valve accessories (for pipeline, boiler, can, barrel and similar items) and their prices and quantity statistical results in 2017, import and export value of volume accessories in Mar increased 38.24% YOY from last year.
First, for import volume, it reached 9400 tons, up by 38.24% YOY from last year. In 2016, import volume of valve accessories was 32.1 thousand tons, up by 7.36% YOY from a year earlier.
CAGR of import volume of valve accessories was 4.41% in 2013-2016.
For import value, CAGR of it in 2013-2016 was 1.80%.
Import value of valve accessories in Jan-Mar, 2017 was USD 289.13 million in China, up by 26.97% YOY from last year. In 2016, import value of valve accessories was USD 1058.80 million, up by 0.42% from a year earlier.
Besides, for export volume, it reached 73 thousand tons in Jan-Mar, 2017, up by 7.99% YOY from last year. In 2016, export volume of valve accessories was 298.9 thousand tons in China, down by 5.35% YOY from a year earlier.
For export value, it was USD 476.35 million in Jan-Mar, 2017, up by 8.43% YOY from last year. Export value of valve accessories in 2016 was USD 1970.47 million, down by 9.42% YOY from the year earlier.
Reference:
Research Report on China Valve Industry, 2017-2021
According to CRI, there are over 3,000 valve manufacturing enterprises in China currently, ranking the world’s first.