Report Update Apr 1, 2024

Sri Lanka - Pneumatic Linear Acting Actuators - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in Sri Lanka

The Sri Lankan pneumatic linear acting actuator market declined sharply to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed a strong expansion. Pneumatic linear acting actuator consumption peaked at $X in 2021, and then fell rapidly in the following year.

Exports of Pneumatic Linear Acting Actuators

Exports from Sri Lanka

In 2022, after two years of growth, there was significant decline in shipments abroad of pneumatic linear acting actuators, when their volume decreased by X% to X units. In general, exports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at X units in 2021, and then contracted sharply in the following year.

In value terms, pneumatic linear acting actuator exports shrank remarkably to $X in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

Pakistan (X units) was the main destination for pneumatic linear acting actuator exports from Sri Lanka, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Pakistan was relatively modest.

In value terms, Pakistan ($X) emerged as the key foreign market for pneumatic linear acting actuators exports from Sri Lanka.

From 2012 to 2022, the average annual rate of growth in terms of value to Pakistan was relatively modest.

Export Prices by Country

The average pneumatic linear acting actuator export price stood at $X per unit in 2022, jumping by X% against the previous year. In general, the export price recorded a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Pakistan.

From 2012 to 2022, the rate of growth in terms of prices for Ethiopia amounted to X% per year.

Imports of Pneumatic Linear Acting Actuators

Imports into Sri Lanka

In 2022, the amount of pneumatic linear acting actuators imported into Sri Lanka contracted to X units, waning by X% against the previous year's figure. Overall, imports, however, showed a resilient increase. The pace of growth was the most pronounced in 2014 when imports increased by X%. Imports peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, pneumatic linear acting actuator imports declined significantly to $X in 2022. In general, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. Imports peaked at $X in 2021, and then shrank sharply in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of pneumatic linear acting actuator to Sri Lanka, accounting for a X% share of total imports. Moreover, pneumatic linear acting actuator imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), sixfold. Italy (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Italy (X% per year).

In value terms, the largest pneumatic linear acting actuator suppliers to Sri Lanka were China ($X), Italy ($X) and India ($X), together accounting for X% of total imports.

In terms of the main suppliers, China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pneumatic linear acting actuator import price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the import price showed a pronounced downturn. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pneumatic linear acting actuators in the world?

Greece remains the largest pneumatic linear acting actuator consuming country worldwide, accounting for 53% of total volume. Moreover, pneumatic linear acting actuator consumption in Greece exceeded the figures recorded by the second-largest consumer, Latvia, twofold. The third position in this ranking was held by China, with a 4.5% share.

What are the largest producers of pneumatic linear acting actuators in the world?

Greece constituted the country with the largest volume of pneumatic linear acting actuator production, comprising approx. 54% of total volume. Moreover, pneumatic linear acting actuator production in Greece exceeded the figures recorded by the second-largest producer, Latvia, twofold. The third position in this ranking was taken by China, with a 6.2% share.

What are the leading suppliers of pneumatic linear acting actuators to Sri Lanka?

In value terms, the largest pneumatic linear acting actuator suppliers to Sri Lanka were China, Italy and India, with a combined 53% share of total imports.

What are the leading importers of pneumatic linear acting actuators from Sri Lanka?

In value terms, Pakistan emerged as the key foreign market for pneumatic linear acting actuators exports from Sri Lanka.

What is the average export price for pneumatic linear acting actuators in Sri Lanka?

The average pneumatic linear acting actuator export price stood at $978 per unit in 2022, increasing by 517% against the previous year.

What is the average import price for pneumatic linear acting actuators in Sri Lanka?

The average pneumatic linear acting actuator import price stood at $54 per unit in 2022, waning by -19.9% against the previous year.

This report provides an in-depth analysis of the market for pneumatic linear acting actuator in Sri Lanka. 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.

Product coverage:

Prodcom 28121180 - Pneumatic linear acting actuators (including cylinders)

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023