Between 2012 and 2022, the Ball and Plug Valves market in France experienced fluctuating volumes. Starting at 11.572 million kilograms in 2012, the market saw several declines, particularly sharp drops in 2016, 2017, and 2018. However, some recovery appeared in 2019 and 2020, followed by slight declines again in 2021 and 2022. Recent years show a stabilizing trend with minor decreases observed in 2021 and 2022. The most significant annual year-on-year changes included a 16.2% increase in 2012 and a 14.78% decrease in 2016. Over the past five years, the Compound Annual Growth Rate (CAGR) was 2.14%, suggesting modest but positive gains.
Future trends to watch for include technological advancements, regulatory changes, and shifts in industrial demand which could influence market volumes. Demand trends in key end-use industries like oil & gas, chemicals, and water supply will also significantly impact future market dynamics.
| # | 6 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 28,071,000 | 2023 | +0.69% | +3.77% | View data |
| 2 | 2 France | 8,599,700 | 2023 | -1.84% | -0.49% | |
| 3 | 3 Poland | 8,542,700 | 2023 | +3.01% | +1.6% | View data |
| 4 | 4 Romania | 3,293,300 | 2023 | +3.27% | +3.08% | View data |
| 5 | 5 Croatia | 941,120 | 2023 | +3.54% | +5.07% | View data |
