CIS: Market for Pneumatic Linear Acting Actuators 2023

Market Size for Pneumatic Linear Acting Actuators in CIS

The CIS pneumatic linear acting actuator market contracted to $X in 2022, which is down by -11.7% against the previous year. Over the period under review, consumption recorded a abrupt decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Pneumatic Linear Acting Actuators in CIS

In value terms, pneumatic linear acting actuator production reduced rapidly to $X in 2022 estimated in export price. In general, production showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 61%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Pneumatic Linear Acting Actuators

Exports in CIS

In 2022, the amount of pneumatic linear acting actuators exported in the CIS stood at X units, rising by 1.6% compared with the previous year's figure. Overall, exports recorded a resilient expansion. The pace of growth was the most pronounced in 2013 when exports increased by 123%. Over the period under review, the exports reached the peak figure at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, pneumatic linear acting actuator exports reduced to $X in 2022. In general, exports posted a strong expansion. The pace of growth was the most pronounced in 2013 when exports increased by 112%. The level of export peaked at $X in 2021, and then shrank in the following year.

Exports by Country

Belarus represented the largest exporter of pneumatic linear acting actuators in the CIS, with the volume of exports reaching X units, which was near 73% of total exports in 2022. It was distantly followed by Russia (X units), committing a 26% share of total exports.

Belarus was also the fastest-growing in terms of the pneumatic linear acting actuators exports, with a CAGR of +22.3% from 2012 to 2022. At the same time, Russia (+6.8%) displayed positive paces of growth. Belarus (+31 p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by -31.4% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest pneumatic linear acting actuator supplier in the CIS, comprising 71% of total exports. The second position in the ranking was held by Belarus ($X), with a 27% share of total exports.

In Russia, pneumatic linear acting actuator exports expanded at an average annual rate of +15.0% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, waning by -9% against the previous year. Over the period under review, the export price recorded a mild contraction. The growth pace was the most rapid in 2021 when the export price increased by 63%. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Belarus stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.6%).

Imports of Pneumatic Linear Acting Actuators

Imports in CIS

After two years of growth, purchases abroad of pneumatic linear acting actuators decreased by -2.9% to X units in 2022. In general, imports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 88%. The volume of import peaked at X units in 2021, and then reduced modestly in the following year.

In value terms, pneumatic linear acting actuator imports reduced to $X in 2022. Over the period under review, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 48%. Over the period under review, imports hit record highs at $X in 2021, and then fell in the following year.

Imports by Country

Russia represented the main importer of pneumatic linear acting actuators in the CIS, with the volume of imports accounting for X units, which was near 83% of total imports in 2022. It was distantly followed by Belarus (X units), generating a 13% share of total imports. Kazakhstan (X units) took a little share of total imports.

Russia was also the fastest-growing in terms of the pneumatic linear acting actuators imports, with a CAGR of +20.2% from 2012 to 2022. At the same time, Kazakhstan (+14.0%) and Belarus (+4.7%) displayed positive paces of growth. Russia (+24 p.p.) significantly strengthened its position in terms of the total imports, while Belarus saw its share reduced by -23.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported pneumatic linear acting actuators in the CIS, comprising 81% of total imports. The second position in the ranking was held by Belarus ($X), with a 10% share of total imports.

In Russia, pneumatic linear acting actuator imports increased at an average annual rate of +7.9% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (-1.6% per year) and Kazakhstan (+12.1% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, reducing by -5.6% against the previous year. In general, the import price saw a deep slump. The most prominent rate of growth was recorded in 2019 an increase of 16%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-1.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :