Asia-Pacific: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in Asia-Pacific

The Asia-Pacific pneumatic linear acting actuator market dropped to $X in 2022, reducing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Pneumatic Linear Acting Actuators in Asia-Pacific

In value terms, pneumatic linear acting actuator production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

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Exports of Pneumatic Linear Acting Actuators

Exports in Asia-Pacific

For the third consecutive year, Asia-Pacific recorded growth in shipments abroad of pneumatic linear acting actuators, which increased by X% to X units in 2022. Overall, exports saw a remarkable increase. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, pneumatic linear acting actuator exports rose to $X in 2022. Total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

China dominates exports structure, finishing at X units, which was approx. X% of total exports in 2022. Japan (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the pneumatic linear acting actuators exports, with a CAGR of X% from 2012 to 2022. Japan experienced a relatively flat trend pattern. While the share of China (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Japan (X p.p.) displayed negative dynamics.

In value terms, the largest pneumatic linear acting actuator supplying countries in Asia-Pacific were China ($X) and Japan ($X).

Among the main exporting countries, China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price, however, recorded a pronounced setback. The growth pace was the most rapid in 2016 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per unit), while China stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Imports of Pneumatic Linear Acting Actuators

Imports in Asia-Pacific

After two years of growth, supplies from abroad of pneumatic linear acting actuators decreased by X% to X units in 2022. Total imports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then fell in the following year.

In value terms, pneumatic linear acting actuator imports reduced to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then declined slightly in the following year.

Imports by Country

China was the key importer of pneumatic linear acting actuators in Asia-Pacific, with the volume of imports resulting at X units, which was near X% of total imports in 2022. Japan (X units) held the second position in the ranking, followed by Taiwan (Chinese) (X units), India (X units), Hong Kong SAR (X units) and South Korea (X units). All these countries together held approx. X% share of total imports. Thailand (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 China stood at X%. At the same time, India (X%), South Korea (X%), Taiwan (Chinese) (X%) and Japan (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Hong Kong SAR (X%) and Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Taiwan (Chinese), India, China and South Korea increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported pneumatic linear acting actuators in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

In China, pneumatic linear acting actuator imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price, however, saw a mild descent. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat 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 South Korea ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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