India | Imports and Exports | World | Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
| Commodity | Reporter | Partner | Trade flow | Indicator | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| 8481. Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves | India | World | Exports | Value (US$) | 1,007,589,836.00 | 1,213,106,675.00 | 1,149,282,547.00 | 1,159,084,959.00 | 1,107,526,487.00 | 1,249,865,406.11 | 1,336,553,656.42 | 1,538,926,581.42 | 1,325,250,479.22 | 1,535,463,230.94 | 1,817,327,888.39 | 2,118,765,678.40 |
| Value Growth, YoY (%) | 26.17 | 20.39 | -5.26 | 0.85 | -4.44 | 12.85 | 6.93 | 15.14 | -13.88 | 15.86 | 18.35 | 16.58 | ||||
| Imports | Value (US$) | 1,198,792,080.00 | 1,027,336,646.00 | 1,077,248,886.00 | 1,142,246,033.00 | 2,126,351,785.00 | 1,116,015,908.17 | 1,414,298,389.01 | 1,472,773,569.20 | 1,248,599,582.42 | 1,676,861,298.34 | 1,878,680,450.10 | 2,033,455,156.89 | |||
| Value Growth, YoY (%) | 16.04 | -14.30 | 4.85 | 6.03 | 86.15 | -47.51 | 26.72 | 4.13 | -15.22 | 34.29 | 12.03 | 8.23 |
The value of exports of commodity group 8481 "Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves" from India totalled $ 2.11 billion in 2023. Sales of commodity group 8481 from India went up by 16.5% compared to 2022: exports of commodity group 8481 "Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves" went up by $ 301 million (cumulative exports of commodity group 8481 from India amounted $1.81 billion in 2022)
Exports of commodity group 8481 "Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves" amounted to 0.491% of total exports from India (cumulative merchandise exports from India totalled $ 431 billion in 2023). The share of commodity group 8481 in total exports from India increased by 0.089 p.p. compared to 2022 (it was 0.401% in 2022 and cumulative exports from India were equal to $ 452 billion).
Exports of commodity group 8481 amounted to 7.22% of total sales of group "" from India in 2023 (the value of exports of commodity group from India amounted to $29 billion in 2023). The share of exports of commodity group 8481 in sales of commodity group from India increased by 0.621 p.p. compared to 2022 (it was 6.6% in 2022, and exports of commodity group from India were $27 billion).
Where does India export Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves?
Top export destinations of "Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves" from India in 2023:
- USA with a share of 26% (553 million US$)
- United Arab Emirates with a share of 7% (148 million US$)
- China with a share of 5.68% (120 million US$)
- Saudi Arabia with a share of 4.7% (99 million US$)
- Germany with a share of 4.32% (91 million US$)
- Singapore with a share of 4.17% (88 million US$)
- United Kingdom with a share of 3.71% (78 million US$)
- France with a share of 3.34% (70 million US$)
- Spain with a share of 3.32% (70 million US$)
- Italy with a share of 3.26% (69 million US$)
Exports structure of 8481 - Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves - from India in 2023 represented by the following main commodity groups:
- 51% (1.08 billion US$): 848180 - Taps, cocks, valves & sim. appls. for pipes/boiler shells/tanks/vats or the like, incl. thermostatically controlled valves, n.e.s. in 84.81
- 36% (765 million US$): 848190 - Parts of the appls. of 84.81
- 5.56% (117 million US$): 848120 - Valves for oleohydraulic/pneumatic transmissions for pipes/boiler shells/tanks/vats or the like
- 4.22% (89 million US$): 848110 - Pressure-reducing valves for pipes/boiler shells/tanks/vats or the like
- 1.82% (38 million US$): 848130 - Check (nonreturn) valves for pipes/boiler shells/tanks/vats or the like
- 1.05% (22 million US$): 848140 - Safety/relief valves for pipes/boiler shells/tanks/vats or the like
The value of imports of commodity group 8481 "Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves" to India totalled $ 2.03 billion in 2023. Sales of commodity group 8481 to India went up by 8.23% compared to 2022: imports of commodity group 8481 "Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves" went up by $ 154 million (the value of imports of commodity group 8481 to India was equal to $1.87 billion in 2022)
Imports of commodity group 8481 "Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves" accounted for 0.302% of total import flow to India (in 2023, total imports to India amounted to $ 672 billion). The share of commodity group 8481 in total imports to India increased by 0.046 p.p. compared to 2022 (it was 0.256% in 2022 and cumulative imports to India were equal to $ 732 billion).
Imports of commodity group 8481 reached 3.56% of total imports of group "" to India in 2023 (imports of commodity group to India totalled $57 billion in 2023). The share of purchases of commodity group 8481 in total imports of commodity group to India increased by 0.135 p.p. compared to 2022 (it was 3.42% in 2022, and imports of commodity group to India accounted for $54 billion).
Where does India import Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves from?
Top trading partners (import of "Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves") of India in 2023:
- China with a share of 21% (444 million US$)
- Germany with a share of 15.9% (323 million US$)
- USA with a share of 12% (244 million US$)
- Italy with a share of 7.5% (152 million US$)
- Japan with a share of 7.17% (145 million US$)
- Korea with a share of 6.42% (130 million US$)
- France with a share of 5.97% (121 million US$)
- United Kingdom with a share of 4.76% (96 million US$)
- Vietnam with a share of 1.9% (38 million US$)
- Thailand with a share of 1.79% (36 million US$)
Imports structure of 8481 - Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves - to India in 2023 represented by the following main commodity groups:
- 61% (1.25 billion US$): 848180 - Taps, cocks, valves & sim. appls. for pipes/boiler shells/tanks/vats or the like, incl. thermostatically controlled valves, n.e.s. in 84.81
- 20% (417 million US$): 848190 - Parts of the appls. of 84.81
- 10.5% (214 million US$): 848120 - Valves for oleohydraulic/pneumatic transmissions for pipes/boiler shells/tanks/vats or the like
- 2.92% (59 million US$): 848140 - Safety/relief valves for pipes/boiler shells/tanks/vats or the like
- 2.18% (44 million US$): 848110 - Pressure-reducing valves for pipes/boiler shells/tanks/vats or the like
- 1.85% (37 million US$): 848130 - Check (nonreturn) valves for pipes/boiler shells/tanks/vats or the like
