
Saudi Arabia - Pneumatic Linear Acting Actuators - Market Analysis, Forecast, Size, Trends and Insights
Saudi Arabia: Market for Pneumatic Linear Acting Actuators 2023
Market Size for Pneumatic Linear Acting Actuators in Saudi Arabia
The Saudi pneumatic linear acting actuator market shrank modestly to $X in 2022, dropping by -4.1% against the previous year. Overall, consumption saw a pronounced contraction. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.
Production of Pneumatic Linear Acting Actuators in Saudi Arabia
In value terms, pneumatic linear acting actuator production fell modestly to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced decline. The most prominent rate of growth was recorded in 2017 when the production volume increased by 67% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.
Exports of Pneumatic Linear Acting Actuators
Exports from Saudi Arabia
In 2022, pneumatic linear acting actuator exports from Saudi Arabia skyrocketed to X units, picking up by 816% on the previous year. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 973%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, pneumatic linear acting actuator exports soared to $X in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 816% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
The Netherlands (X units), Italy (X units) and Turkey (X units) were the main destinations of pneumatic linear acting actuator exports from Saudi Arabia, with a combined 30% share of total exports.
From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +3,114.3%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the Netherlands ($X) emerged as the key foreign market for pneumatic linear acting actuators exports from Saudi Arabia, comprising 33% of total exports. The second position in the ranking was taken by Italy ($X), with a 14% share of total exports. It was followed by Ireland, with a 2.1% share.
From 2012 to 2022, the average annual growth rate of value to the Netherlands totaled +407.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+332.4% per year) and Ireland (0.0% per year).
Export Prices by Country
In 2022, the average pneumatic linear acting actuator export price amounted to $X per unit, with a decrease of -49.9% against the previous year. Overall, the export price showed a abrupt decrease. The growth pace was the most rapid in 2021 an increase of 130%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($X per unit), while the average price for exports to Turkey ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+44.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Pneumatic Linear Acting Actuators
Imports into Saudi Arabia
In value terms, pneumatic linear acting actuator imports contracted significantly to $X in 2021. In general, imports saw a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of 90%. As a result, imports attained the peak of $X, and then reduced sharply in the following year.
Imports by Country
In value terms, Germany ($X) constituted the largest supplier of pneumatic linear acting actuators to Saudi Arabia, comprising 27% of total imports. The second position in the ranking was taken by Italy ($X), with a 13% share of total imports. It was followed by China, with an 11% share.
From 2012 to 2021, the average annual growth rate of value from Germany amounted to +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+18.3% per year) and China (+24.8% per year).
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for pneumatic linear acting actuator in Saudi Arabia. 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
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MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
- 7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- 8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2022
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
- 9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2022
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
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LIST OF TABLES
- Key Findings In 2022
- Market Volume, In Physical Terms, 2012–2022
- Market Value, 2012–2022
- Per Capita Consumption In 2012-2022
- Imports, In Physical Terms, By Country, 2012–2022
- Imports, In Value Terms, By Country, 2012–2022
- Import Prices, By Country Of Origin, 2012–2022
- Exports, In Physical Terms, By Country, 2012–2022
- Exports, In Value Terms, By Country, 2012–2022
- Export Prices, By Country Of Destination, 2012–2022
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2022
- Market Value, 2012–2022
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
- Trade Balance, In Physical Terms, 2012-2022
- Trade Balance, In Value Terms, 2012-2022
- Per Capita Consumption, 2012-2022
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2022
- Production, In Value Terms, 2012–2022
- Imports, In Physical Terms, 2012–2022
- Imports, In Value Terms, 2012–2022
- Imports, In Physical Terms, By Country, 2022
- Imports, In Physical Terms, By Country, 2012–2022
- Imports, In Value Terms, By Country, 2012–2022
- Import Prices, By Country Of Origin, 2012–2022
- Exports, In Physical Terms, 2012–2022
- Exports, In Value Terms, 2012–2022
- Exports, In Physical Terms, By Country, 2022
- Exports, In Physical Terms, By Country, 2012–2022
- Exports, In Value Terms, By Country, 2012–2022
- Export Prices, By Country Of Destination, 2012–2022
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