Benelux: Market for Pneumatic Linear Acting Actuators 2023

Market Size for Pneumatic Linear Acting Actuators in Benelux

In 2022, the Benelux pneumatic linear acting actuator market increased by 12% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +4.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Pneumatic Linear Acting Actuators in Benelux

In value terms, pneumatic linear acting actuator production shrank modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a deep slump. The pace of growth was the most pronounced in 2015 when the production volume increased by 23% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Pneumatic Linear Acting Actuators

Exports in Benelux

In 2022, overseas shipments of pneumatic linear acting actuators decreased by -61.4% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 265%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, pneumatic linear acting actuator exports dropped notably to $X in 2022. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 80%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, the Netherlands (X units) and Belgium (X units) was the major exporter of pneumatic linear acting actuators in Benelux, achieving 99% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Belgium (with a CAGR of -3.8%).

In value terms, the Netherlands ($X) emerged as the largest pneumatic linear acting actuator supplier in Benelux, comprising 73% of total exports. The second position in the ranking was taken by Belgium ($X), with a 25% share of total exports.

In the Netherlands, pneumatic linear acting actuator exports decreased by an average annual rate of -9.4% over the period from 2012-2022.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, rising by 43% against the previous year. In general, the export price posted a resilient increase. The pace of growth appeared the most rapid in 2016 an increase of 109%. Over the period under review, the export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Belgium stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+16.6%).

Imports of Pneumatic Linear Acting Actuators

Imports in Benelux

After three years of growth, supplies from abroad of pneumatic linear acting actuators decreased by -26.9% to X units in 2022. Over the period under review, imports, however, recorded a measured increase. The pace of growth was the most pronounced in 2020 when imports increased by 73% against the previous year. The volume of import peaked at X units in 2021, and then declined dramatically in the following year.

In value terms, pneumatic linear acting actuator imports dropped significantly to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 22%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Belgium (X units) was the key importer of pneumatic linear acting actuators, making up 60% of total imports. It was distantly followed by the Netherlands (X units), constituting a 39% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +3.7%).

In value terms, the Netherlands ($X) constitutes the largest market for imported pneumatic linear acting actuators in Benelux, comprising 71% of total imports. The second position in the ranking was held by Belgium ($X), with a 28% share of total imports.

In the Netherlands, pneumatic linear acting actuator imports expanded at an average annual rate of +4.4% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, surging by 12% against the previous year. In general, the import price, however, saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2018 an increase of 13%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Belgium amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.5%).

Source: IndexBox Market Intelligence Platform

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