Markets
Industrial Valves TOP 10 export countries
in million Euro ; total export : 4,807.4 million Euro (+ 6.2 %)
China USA
France Netherlands
Italy Austria
United Kingdom Poland
Switzwerland Czech Republic
0 100 200 300 400 500 600 Jan . - Dec . 2022 Jan . - Dec . 2021
Source : VDMA , Destatis
-6.8% 25.7 % 8.7 % 8.3 % 0.0 % 11.4 % 13.4 %
8.8 % 12.2 % -5.7%
Exports to the UK rose to EUR 198.4 million , and fittings worth EUR 247.8 million were shipped to the Netherlands .
Broad customer structure offers growth opportunities
The order books of the German valve industry are still quite full . The longterm prospects are promising . Even if the important customer chemical industry is currently weakening , other sectors still offer good growth opportunities . The valve industry , for example , sees itself in line with other component manufacturers as an enabler of climate change . The trend topic of hydrogen is also a growth segment . Therefore , the focus of the EU as well as the current US government on sustainability issues is not inconvenient . In China , the industry is hoping for better business as the economy begins to recover . remained 6.8 percent below the previous year ’ s level . Valves worth EUR 577.0 million were shipped to the People ’ s Republic . By contrast , exports to the USA , the second most important customer country , rose by a strong 25.7 percent to EUR 481.6 million . They were thus once again above the level of EUR 436.4 million of 2019 . Exports to
France climbed by 8.7 percent . The country continued to maintain third place among the most important sales markets with an offtake volume of EUR 283.6 million . With exports up 13.4 percent and 8.3 percent , respectively , the United Kingdom and the Netherlands now also managed to return to export levels above those of 2019 .
About VDMA With more than 3,500 members , the VDMA is the largest network organisation and an important voice for the machinery and equipment manufacturing industry in Germany and Europe . The association represents the common economic , technical and scientific interests of this unique and diverse industry .
www . somas . se
Passion for valves for decades
For over 75 years Somas has manufactured , marketed and sold valves and actuators to customers all over the world . But did you know that it all started with cutlery ?
Several decades later , we are proud to say that we have only improved with age . Our products are represented in several different business areas , including the pulp and paper industry , shipping and engine applications .
Whatever you need , we are here to help . That ’ s what passion for valves means to us !
It ’ s all about making the complex simple www . valve-world . net Valve World April 2023
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