Valve – CRI Report https://www.cri-report.com market research vender! Tue, 31 Oct 2017 02:44:25 +0000 en-US hourly 1 https://www.cri-report.com/wp-content/uploads/2021/01/cropped-shcrilogo-c.jpg Valve – CRI Report https://www.cri-report.com 32 32 Analysis on Valve Industry in China, 2017 https://www.cri-report.com/industry-analysis/manufacturing/analysis-on-valve-industry-in-china-2017/ https://www.cri-report.com/industry-analysis/manufacturing/analysis-on-valve-industry-in-china-2017/#respond Tue, 31 Oct 2017 02:44:25 +0000 https://www.cri-report.com/?p=253 The valve industry is featured with small scale of production and low industry concentration in China. According to statistics, China has over 3,000 valve manufacturing enterprises, which is the largest in the world. However, most of these enterprises are of small scale and family-owned, among which there are no more than 500 enterprises with annual sales revenue reaching CNY 5 million, and only a dozen enterprises with annual sales revenue exceeding CNY 100 million. The total market share of the first ten enterprises is only around 8% and 9%. Low…

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]]> The valve industry is featured with small scale of production and low industry concentration in China. According to statistics, China has over 3,000 valve manufacturing enterprises, which is the largest in the world. However, most of these enterprises are of small scale and family-owned, among which there are no more than 500 enterprises with annual sales revenue reaching CNY 5 million, and only a dozen enterprises with annual sales revenue exceeding CNY 100 million. The total market share of the first ten enterprises is only around 8% and 9%. Low industry concentration brings about many bad effects, such as outdated technology, low-price competition and less influential brands.

From January to December in 2016, China imported 859,210,000 sets of valves, with an increase of 18.9% YOY. The import value was USD 5,379,357,000, decreasing by 5% YOY. The following chart describes import volume of valves in China in 2016.

Chart Import Volume of Valve in China, 2016

Month Import Volume (ten thousand sets) Import Value (USD, thousand) YoY Comparison in Quantity (%) YoY Comparison in Value (%)
January 5,666 420,499 -19 -13.3
February 4,877 330,936 -4 -16.1
March 7,454 490,142 2.5 -10.1
April 6,466 464,660 13.7 -8.2
May 6,726 448,111 -1.7 -5.5
June 7,278 462,349 41.4 -7.9
July 5,737 428,305 -5.3 -19.9
August 7,619 433,078 47.8 2
September 7,395 465,967 48.5 -4.2
October 8,175 444,942 63.3 7.9
November 8,837 490,889 35.3 15.4
December 9,616 498,931 27.6 6.1

Source: General Administration of Customs of the People’s Republic of China

 

Related reports:

Research Report on China Valve Industry, 2017-2021

According to CRI, there are currently over 3,000 valve manufacturing enterprises in China.

Research Report on China Valve Industry, 2010-2019

The competition among valve manufacturers is fierce and no one has yet monopolized the global market.

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