Exporting valves and valve parts to the United Kingdom
The United Kingdom is the third-largest valve market and the second-largest importer in Europe. It is home to several production facilities belonging to both foreign and multinational companies, as well as to British valve groups or independent valve producers. At 16%, imports from developing countries as a share of total imports are higher than the European average (14%). The best opportunities for exporters from developing countries are for parts subcontractors for British manufacturers. In some cases, exporters from developing countries could also supply finished valves to these manufacturers. Another good option for exporters from developing countries would be to target specialised distributors. In all cases, exporters from developing countries should focus on just a few specialised valves within their range of products. Finally, the pricing strategy should be very competitive.