According to customs data, China brass valve manufacturing industry has a character of export prices fluctuate upward, and the U.S. market stands out, here below you will learn more about China's brass valve export amount, brass valve export quantity, brass valve export country in 2021.
1. General information of China brass valve export
Due to the further internationalization of the world economy, multinational companies continue to promote the development of the international brass valve market, and the regionalization of international trade has become another major feature. In addition, due to factors such as rising costs, the main producing countries of brass valves such as Italy, Japan, South Korea, etc. have shifted their industries to developing countries and regions, and China has thus become the main producer and exporter of low-end brass valves.
2. Types and amounts of China brass valve export
Judging from the product situation, China’s brass valve manufacturing industry has been able to produce more than a dozen types of products, such as gate valves, globe valves, ball valves, butterfly valves, safety valves, check valves, throttle valves, plug valves, pressure reducing valves, Diaphragm valves, traps, emergency shut-off valves, etc. At present, domestic brass valve production backbone enterprises have been able to design and manufacture various brass valves in accordance with international standards such as ISO international standards, DIN German standards, AWWA American standards, and some manufacturers' products have reached the international advanced level.
According to customs data, the export value of China's brass valve manufacturing industry from 2017 to 2020 showed an overall trend of first rising and then falling. In 2018, it was 16.624 billion US dollars, an increase of 13.5% year-on-year; in 2019 and 2020, the export of brass valve manufacturing industry The total amount dropped to 16.231 billion U.S. dollars and 16.045 billion U.S. dollars, respectively, down 3.93 and 1.86 percentage points year-on-year. In terms of export volume, China's export volume of brass valves has remained basically unchanged since 2017. For the whole year of 2020, 5.105 billion sets were exported, down 3.27% year-on-year.
3. Quality and price level of China brass valve export
Judging from the data in 2020 alone, since the technical level of China's brass valve manufacturing industry is relatively backward compared with Western developed countries such as the United States and Germany, China's exports of brass valves are mainly low-end and middle-end brass valves. The price level of China's imported high-end brass valves is relatively low. In 2020, the average export price of Chinese brass valves is US$3.20/set.
But if the timeline is stretched, from 2017 to 2020, the average export price of China's brass valve manufacturing industry has risen from US$2.89/set in 2017 to US$3.53/set in 2020, an increase of 10.73%.
According to data from the General Administration of Customs of China, among the six categories of China's brass valve exports in 2020, the largest amount is "other brass valves, faucets, cocks and parts of similar devices". The total exports are 11.318 billion yuan, accounting for yellow 71% of the total export value of copper valves. Followed by hydraulic or pneumatic transmission valves, with a total export of 3.574 billion US dollars, accounting for 22%.
4. Countries and regions of China brass valve export
According to data from the General Administration of Customs, the top three major exporters of Chinese brass valves in 2020 are the United States, Germany and the Russian Federation. In 2020, the value of brass valves sold by China to the United States, Germany and Russia totaled US$4.931 billion, accounting for 30.73% of total exports. Different from China's brass valve imports, in terms of brass valve exports, only brass valves exported to the United States accounted for more than 20% of the value, and exports to other countries accounted for less than 10%. Among China's brass valve export countries, the top ten countries are the United States, Germany, the Russian Federation, Japan, the United Kingdom, South Korea, the United Arab Emirates, Vietnam, Italy and Mexico. In 2020, China’s exports to the top ten countries total 8.267 billion US dollars, accounting for 51.52% of the total export value.
5. Conclusion of China brass valve export
In general, China’s current exports of brass valves are mainly low-end products. In terms of high-end products, due to the lack of technical levels of domestic manufacturers, the products produced cannot meet international standards, so there are fewer exports of high-end brass valves. Although at present, the domestic brass valve production backbone enterprises have been able to design and manufacture various brass valves according to international standards such as ISO international standards, DIN German standards, AWWA American standards, and some manufacturers’ products have reached the international advanced level. The brass valve manufacturing industry The overall level of the company has been greatly improved. However, compared with foreign countries, the quality of Chinese products is not stable enough, such as running, leaking, dripping, and leakage often appear in domestic brass valves. There is still a certain gap in the matching capabilities of brass valves compared with developed countries. Therefore, we believes that for a period of time in the future, the export status of China's brass valves will still be dominated by middle and low-end brass valves.
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