Sri Lanka - Pneumatic Linear Acting Actuators - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Sri Lanka - Pneumatic Linear Acting Actuators - Market Analysis, Forecast, Size, Trends And Insights

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Price for Pneumatic Linear Acting Actuator in Sri Lanka - 2021

Contents:

  1. Price for Pneumatic Linear Acting Actuator in Sri Lanka (CIF) - 2022
  2. Price for Pneumatic Linear Acting Actuator in Sri Lanka (FOB) - 2022
  3. Imports of Pneumatic Linear Acting Actuator in Sri Lanka
  4. Exports of Pneumatic Linear Acting Actuator in Sri Lanka

Price for Pneumatic Linear Acting Actuator in Sri Lanka (CIF) - 2022

The average pneumatic linear acting actuator import price stood at $20 per unit in 2022, approximately equating the previous year. Overall, the import price showed a pronounced reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 11% against the previous year. The import price peaked at $24 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Denmark ($20 per unit) and India ($20 per unit), while the price for Singapore ($20 per unit) and China ($20 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-1.5%), while the prices for the other major suppliers experienced a decline.

Price for Pneumatic Linear Acting Actuator in Sri Lanka (FOB) - 2022

The average pneumatic linear acting actuator export price stood at $27 per unit in 2022, growing by 21% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 31% against the previous year. The export price peaked at $32 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Pakistan.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +17.1% per year.

Imports of Pneumatic Linear Acting Actuator in Sri Lanka

In 2022, approx. 50K units of pneumatic linear acting actuators were imported into Sri Lanka; falling by -26.3% on the year before. Overall, imports showed a perceptible descent. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of 68K units, and then shrank markedly in the following year.

In value terms, pneumatic linear acting actuator imports dropped remarkably to $984K in 2022. Over the period under review, imports showed a pronounced curtailment. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. As a result, imports reached the peak of $1.3M, and then dropped notably in the following year.

Import of Pneumatic Linear Acting Actuator in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China407168406241-16.0%
Italy71.363.963.714326.1%
India135155161134-0.2%
Japan36.636.597.211847.7%
Germany125105156101-6.9%
Taiwan (Chinese)63.147.889.566.51.8%
Singapore35.934.210153.214.0%
Denmark30.719536.418.4-15.7%
Others168182227110-13.2%
Total1,0739871,338984-2.8%

Top Suppliers of Pneumatic Linear Acting Actuator to Sri Lanka in 2022:

  1. China (12.3K units)
  2. Italy (7.3K units)
  3. India (6.8K units)
  4. Japan (6.0K units)
  5. Germany (5.2K units)
  6. Taiwan (Chinese) (3.4K units)
  7. Singapore (2.7K units)
  8. Denmark (0.9K units)

Exports of Pneumatic Linear Acting Actuator in Sri Lanka

In 2022, exports of pneumatic linear acting actuators from Sri Lanka rose notably to 221 units, increasing by 9.4% compared with 2021 figures. Overall, exports recorded resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 777% against the previous year. As a result, the exports reached the peak of 1.3K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pneumatic linear acting actuator exports soared to $5.9K in 2022. In general, exports showed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 547%. As a result, the exports attained the peak of $29K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Pneumatic Linear Acting Actuator in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PakistanN/AN/AN/A5.90%
EcuadorN/A0.4N/AN/A0%
China0.97.00.8N/A-5.7%
Germany0.71.90.1N/A-62.2%
India0.15.40.7N/A164.6%
DenmarkN/A3.91.6N/A-59.0%
Singapore0.13.30.4N/A100.0%
Maldives1.73.50.1N/A-75.7%
Canada0.83.40.4N/A-29.3%
Others0.20.40.3N/A22.5%
Total4.529.24.55.99.4%

Top Export Markets for Pneumatic Linear Acting Actuator from Sri Lanka in 2022:

  1. Pakistan (221.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for pneumatic linear acting actuator in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28121180 - Pneumatic linear acting actuators (including cylinders)

Country coverage:

  • Sri Lanka

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sri Lanka
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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