
CIS - Pneumatic Linear Acting Actuators - Market Analysis, Forecast, Size, Trends and Insights
CIS: Market for Pneumatic Linear Acting Actuators 2023
Market Size for Pneumatic Linear Acting Actuators in CIS
The CIS pneumatic linear acting actuator market shrank to $X in 2022, falling by -11.7% against the previous year. Over the period under review, consumption recorded a abrupt downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.
Production of Pneumatic Linear Acting Actuators in CIS
In value terms, pneumatic linear acting actuator production shrank significantly to $X in 2022 estimated in export price. Over the period under review, production saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 61% against the previous year. Over the period under review, production hit record highs 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, exports of pneumatic linear acting actuators in the CIS totaled X units, with an increase of 1.6% compared with the year before. Over the period under review, exports continue to indicate buoyant growth. The growth pace was the most rapid in 2013 when exports increased by 123% against the previous year. The volume of export peaked 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 resilient expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 112%. Over the period under review, the exports attained the peak figure at $X in 2021, and then contracted in the following year.
Exports by Country
In 2022, Belarus (X units) was the largest exporter of pneumatic linear acting actuators, comprising 73% of total exports. It was distantly followed by Russia (X units), comprising a 26% share of total exports.
Belarus was also the fastest-growing in terms of the pneumatic linear acting actuators exports, with a CAGR of +22.3% from 2012 to 2022. At the same time, Russia (+6.8%) displayed positive paces of growth. While the share of Belarus (+31 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (-31.4 p.p.) displayed negative dynamics.
In value terms, Russia ($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.
From 2012 to 2022, the average annual growth rate of value in Russia totaled +15.0%.
Export Prices by Country
The export price in the CIS stood at $X per unit in 2022, falling by -9% against the previous year. Over the period under review, the export price continues to indicate a mild setback. The growth pace was the most rapid in 2021 when the export price increased by 63% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($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
In 2022, after two years of growth, there was decline in overseas purchases of pneumatic linear acting actuators, when their volume decreased by -2.9% to X units. Over the period under review, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 88%. Over the period under review, imports attained the maximum at X units in 2021, and then declined modestly in the following year.
In value terms, pneumatic linear acting actuator imports contracted to $X in 2022. Overall, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 48% against the previous year. The level of import peaked at $X in 2021, and then fell in the following year.
Imports by Country
In 2022, Russia (X units) was the key importer of pneumatic linear acting actuators, committing 83% of total imports. It was distantly followed by Belarus (X units), comprising a 13% share of total imports. Kazakhstan (X units) took a relatively small share of total imports.
Russia was also the fastest-growing in terms of the pneumatic linear acting actuators imports, with a CAGR of +20.2% from 2012 to 2022. At the same time, Kazakhstan (+14.0%) and Belarus (+4.7%) displayed positive paces of growth. From 2012 to 2022, the share of Russia increased by +24 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Russia ($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 taken by Belarus ($X), with a 10% share of total imports.
From 2012 to 2022, the average annual growth rate of value in Russia stood at +7.9%. In the other countries, the average annual rates were as follows: 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, waning by -5.6% against the previous year. Overall, the import price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2019 an increase of 16%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Belarus ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-1.7%), while the other leaders experienced a decline in the import price figures.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for pneumatic linear acting actuator in CIS. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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