Report Vietnam - Pneumatic Linear Acting Actuators - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update: Sep 1, 2023

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

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Vietnam: Market for Pneumatic Linear Acting Actuators 2023

Market Size for Pneumatic Linear Acting Actuators in Vietnam

The Vietnamese pneumatic linear acting actuator market totaled $X in 2022, with an increase of 2.5% 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 continues to indicate significant growth. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Exports of Pneumatic Linear Acting Actuators

Exports from Vietnam

In 2022, shipments abroad of pneumatic linear acting actuators decreased by -5.2% to X units, falling for the third year in a row after six years of growth. In general, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 369% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, pneumatic linear acting actuator exports skyrocketed to $X in 2022. Over the period under review, exports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2014 when exports increased by 345%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Thailand (X units), Taiwan (Chinese) (X units) and Lao People's Democratic Republic (X units) were the main destinations of pneumatic linear acting actuator exports from Vietnam, with a combined 53% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +115.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X) emerged as the key foreign market for pneumatic linear acting actuators exports from Vietnam, comprising 30% of total exports. The second position in the ranking was taken by Thailand ($X), with a 12% share of total exports. It was followed by Lao People's Democratic Republic, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Taiwan (Chinese) totaled +84.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+30.9% per year) and Lao People's Democratic Republic (+4.1% per year).

Export Prices by Country

In 2022, the average pneumatic linear acting actuator export price amounted to $X per unit, increasing by 28% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the average price for exports to Thailand ($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 Lao People's Democratic Republic (+3.7%), while the prices for the other major destinations experienced a decline.

Imports of Pneumatic Linear Acting Actuators

Imports into Vietnam

In 2022, approx. X units of pneumatic linear acting actuators were imported into Vietnam; rising by 19% compared with the year before. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2014 with an increase of 128%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, pneumatic linear acting actuator imports declined to $X in 2022. Overall, imports posted a significant increase. The pace of growth appeared the most rapid in 2014 when imports increased by 114% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of pneumatic linear acting actuator to Vietnam, accounting for a 62% share of total imports. Moreover, pneumatic linear acting actuator imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. South Korea (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +54.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+17.8% per year) and South Korea (+23.7% per year).

In value terms, China ($X), Japan ($X) and South Korea ($X) appeared to be the largest pneumatic linear acting actuator suppliers to Vietnam, together accounting for 88% of total imports.

China, with a CAGR of +42.7%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average pneumatic linear acting actuator import price amounted to $X per unit, dropping by -24.2% against the previous year. Over the period under review, the import price continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2018 an increase of 7.6%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for pneumatic linear acting actuators in the world?
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China constituted the country with the largest volume of pneumatic linear acting actuator consumption, comprising approx. 29% of total volume. Moreover, pneumatic linear acting actuator consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was taken by India, with an 8.6% share.
What are the largest producers of pneumatic linear acting actuators in the world?
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China constituted the country with the largest volume of pneumatic linear acting actuator production, accounting for 36% of total volume. Moreover, pneumatic linear acting actuator production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. Poland ranked third in terms of total production with a 10% share.
What are the leading suppliers of pneumatic linear acting actuators to Vietnam?
+
In value terms, China, Japan and South Korea appeared to be the largest pneumatic linear acting actuator suppliers to Vietnam, with a combined 88% share of total imports.
What are the leading importers of pneumatic linear acting actuators from Vietnam?
+
In value terms, Taiwan Chinese) emerged as the key foreign market for pneumatic linear acting actuators exports from Vietnam, comprising 30% of total exports. The second position in the ranking was held by Thailand, with a 12% share of total exports. It was followed by Lao People's Democratic Republic, with an 11% share.
What is the average export price for pneumatic linear acting actuators in Vietnam?
+
The average pneumatic linear acting actuator export price stood at $32 per unit in 2022, increasing by 28% against the previous year.
What is the average import price for pneumatic linear acting actuators in Vietnam?
+
The average pneumatic linear acting actuator import price stood at $15 per unit in 2022, which is down by -24.2% against the previous year.

This report provides an in-depth analysis of the market for pneumatic linear acting actuator in Vietnam. 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:
• Vietnam

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Vietnam
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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