Eastern Europe: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in Eastern Europe

The East European pneumatic linear acting actuator market shrank to $X in 2022, declining by X% against the previous year. In general, consumption saw a slight decline. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Production of Pneumatic Linear Acting Actuators in Eastern Europe

In value terms, pneumatic linear acting actuator production dropped modestly to $X in 2022 estimated in export price. In general, production showed a noticeable decline. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Pneumatic Linear Acting Actuators

Exports in Eastern Europe

In 2022, pneumatic linear acting actuator exports in Eastern Europe soared to X units, rising by X% against the year before. Over the period under review, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, pneumatic linear acting actuator exports expanded significantly to $X in 2022. In general, exports saw a strong expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

Poland prevails in exports structure, accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by Hungary (X units), achieving a X% share of total exports. The Czech Republic (X units) took a minor share of total exports.

Poland was also the fastest-growing in terms of the pneumatic linear acting actuators exports, with a CAGR of X% from 2012 to 2022. At the same time, Hungary (X%) and the Czech Republic (X%) displayed positive paces of growth. While the share of Poland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Czech Republic (X p.p.) and Hungary (X p.p.) displayed negative dynamics.

In value terms, Poland ($X) remains the largest pneumatic linear acting actuator supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Hungary ($X), with an X% share of total exports.

In Poland, pneumatic linear acting actuator exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Hungary (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the export price increased by X% 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 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 Czech Republic ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced a decline in the export price figures.

Imports of Pneumatic Linear Acting Actuators

Imports in Eastern Europe

In 2022, supplies from abroad of pneumatic linear acting actuators increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, pneumatic linear acting actuator imports reduced to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Belarus prevails in imports structure, accounting for X units, which was approx. X% of total imports in 2022. The following importers - Poland (X units), Russia (X units) and the Czech Republic (X units) - together made up X% of total imports.

Belarus was also the fastest-growing in terms of the pneumatic linear acting actuators imports, with a CAGR of X% from 2012 to 2022. At the same time, Russia (X%) and the Czech Republic (X%) displayed positive paces of growth. By contrast, Poland (X%) illustrated a downward trend over the same period. Belarus (X p.p.) significantly strengthened its position in terms of the total imports, while Russia, the Czech Republic and Poland saw its share reduced by X%, X% and X% from 2012 to 2022, respectively.

In value terms, the largest pneumatic linear acting actuator importing markets in Eastern Europe were Poland ($X), the Czech Republic ($X) and Russia ($X), with a combined X% share of total imports.

Among the main importing countries, the Czech Republic, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices attained the maximum 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 the Czech Republic ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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