MENA: Market for Pneumatic Linear Acting Actuators 2023

Market Size for Pneumatic Linear Acting Actuators in MENA

In 2022, after two years of growth, there was significant decline in the MENA's pneumatic linear acting actuator market, when its value decreased by -6.1% to $X. The market value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The level of consumption peaked at $X in 2021, and then contracted in the following year.

Production of Pneumatic Linear Acting Actuators in MENA

In value terms, pneumatic linear acting actuator production declined to $X in 2022 estimated in export price. Overall, production, however, saw buoyant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 78% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Pneumatic Linear Acting Actuators

Exports in MENA

For the fifth year in a row, MENA recorded growth in overseas shipments of pneumatic linear acting actuators, which increased by 45% to X units in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2019 when exports increased by 60%. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, pneumatic linear acting actuator exports rose markedly to $X in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 82%. The level of export peaked in 2022 and is likely to see gradual growth in years to come.

Exports by Country

Turkey was the largest exporting country with an export of about X units, which recorded 58% of total exports. Israel (X units) ranks second in terms of the total exports with a 23% share, followed by the United Arab Emirates (8.5%) and Saudi Arabia (7.9%).

From 2012 to 2022, average annual rates of growth with regard to pneumatic linear acting actuator exports from Turkey stood at +19.3%. At the same time, Saudi Arabia (+65.0%), Israel (+25.7%) and the United Arab Emirates (+17.1%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in MENA, with a CAGR of +65.0% from 2012-2022. While the share of Saudi Arabia (+7.6 p.p.) and Israel (+7.4 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (-3.3 p.p.) and Turkey (-9.3 p.p.) displayed negative dynamics.

In value terms, Israel ($X), Turkey ($X) and Saudi Arabia ($X) were the countries with the highest levels of exports in 2022, together comprising 91% of total exports.

In terms of the main exporting countries, Saudi Arabia, with a CAGR of +46.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, with a decrease of -26% against the previous year. Export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of 29%. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then fell significantly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

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

Imports of Pneumatic Linear Acting Actuators

Imports in MENA

In 2022, purchases abroad of pneumatic linear acting actuators decreased by -0.4% to X units for the first time since 2015, thus ending a six-year rising trend. Over the period under review, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 89%. The volume of import peaked at X units in 2021, and then fell modestly in the following year.

In value terms, pneumatic linear acting actuator imports dropped remarkably to $X in 2022. Total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 53% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then reduced notably in the following year.

Imports by Country

The United Arab Emirates (X units) and Turkey (X units) dominates imports structure, together generating 71% of total imports. Israel (X units) took the next position in the ranking, followed by Iran (X units). All these countries together took approx. 13% share of total imports. The following importers - Algeria (X units), Libya (X units) and Iraq (X units) - together made up 8% of total imports.

From 2012 to 2022, the biggest increases were recorded for Algeria (with a CAGR of +33.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Israel ($X) were the countries with the highest levels of imports in 2022, together comprising 73% of total imports. Algeria, Iran, Iraq and Libya lagged somewhat behind, together accounting for a further 10%.

Algeria, with a CAGR of +27.4%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per unit in 2022, with a decrease of -18.4% against the previous year. In general, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of 20%. Over the period under review, import prices attained the peak figure at $X per unit in 2015; however, from 2016 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 Israel ($X per unit), while Libya ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (-0.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

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