In 2023, the sold production of process control valves, gate valves, globe valves, and other valves in the UK stood at 625 million euros. Looking ahead, the forecasted values indicate a gradual decline from 617.2 million euros in 2024 to 594.5 million euros by 2028. This declining trend represents a year-on-year decrease of approximately 0.95% on average from 2024 onwards. The compound annual growth rate (CAGR) for the period 2024-2028 is approximately -0.92%, suggesting a steady reduction in production over five years.

Future trends to watch for include:

Market demand changes due to technological advancements in valve design and materials.
The impact of regulatory changes on production and exports.
Potential shifts in industrial demands due to global economic factors and green energy initiatives.