SADC: Market for Pneumatic Linear Acting Actuators 2023

Market Size for Pneumatic Linear Acting Actuators in SADC

The SADC pneumatic linear acting actuator market dropped modestly to $X in 2022, with a decrease of -4.7% against the previous year. In general, consumption, however, saw a modest increase. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Pneumatic Linear Acting Actuators in SADC

In value terms, pneumatic linear acting actuator production dropped to $X in 2022 estimated in export price. Overall, production, however, posted a mild expansion. The most prominent rate of growth was recorded in 2015 when the production volume increased by 51% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Exports of Pneumatic Linear Acting Actuators

Exports in SADC

After two years of growth, overseas shipments of pneumatic linear acting actuators decreased by -4.3% to X units in 2022. Total exports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +22.5% against 2019 indices. The growth pace was the most rapid in 2017 when exports increased by 74%. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, pneumatic linear acting actuator exports rose remarkably to $X in 2022. Total exports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +24.6% against 2019 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 62%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Exports by Country

South Africa dominates exports structure, amounting to X units, which was approx. 93% of total exports in 2022. The following exporters - Namibia (X units) and Mozambique (X units) - each accounted for a 4.4% share of total exports.

Exports from South Africa increased at an average annual rate of +3.6% from 2012 to 2022. At the same time, Mozambique (+27.8%) and Namibia (+15.9%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing exporter exported in SADC, with a CAGR of +27.8% from 2012-2022. South Africa (+9.7 p.p.), Mozambique (+1.9 p.p.) and Namibia (+1.6 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest pneumatic linear acting actuator supplier in SADC, comprising 94% of total exports. The second position in the ranking was held by Namibia ($X), with a 1.8% share of total exports.

In South Africa, pneumatic linear acting actuator exports increased at an average annual rate of +5.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Namibia (+30.1% per year) and Mozambique (+26.8% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, increasing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2014 when the export price increased by 14%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+12.2%), while the other leaders experienced mixed trends in the export price figures.

Imports of Pneumatic Linear Acting Actuators

Imports in SADC

In 2022, purchases abroad of pneumatic linear acting actuators increased by 6.1% to X units, rising for the second year in a row after two years of decline. Overall, imports, however, showed a noticeable decline. The pace of growth was the most pronounced in 2018 when imports increased by 29%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, pneumatic linear acting actuator imports shrank modestly to $X in 2022. Over the period under review, imports, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2018 when imports increased by 34%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa dominates imports structure, amounting to X units, which was near 66% of total imports in 2022. It was distantly followed by Democratic Republic of the Congo (X units) and Namibia (X units), together making up a 12% share of total imports. Botswana (X units), Tanzania (X units), Zambia (X units), Angola (X units) and Mozambique (X units) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to pneumatic linear acting actuator imports into South Africa stood at -1.0%. At the same time, Democratic Republic of the Congo (+9.5%), Mozambique (+8.8%) and Tanzania (+5.8%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of +9.5% from 2012-2022. By contrast, Namibia (-5.0%), Angola (-10.6%), Botswana (-11.9%) and Zambia (-12.8%) illustrated a downward trend over the same period. While the share of South Africa (+11 p.p.), Democratic Republic of the Congo (+4.3 p.p.) and Tanzania (+2.3 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Angola (-4.5 p.p.), Zambia (-6.7 p.p.) and Botswana (-7.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported pneumatic linear acting actuators in SADC, comprising 66% of total imports. The second position in the ranking was held by Angola ($X), with a 6.4% share of total imports. It was followed by Democratic Republic of the Congo, with a 5.2% share.

In South Africa, pneumatic linear acting actuator imports declined by an average annual rate of -2.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Angola (-7.7% per year) and Democratic Republic of the Congo (+6.1% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, shrinking by -5.9% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 6.5%. The level of import peaked at $X per unit in 2021, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+7.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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