CIS: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in CIS

The CIS pneumatic linear acting actuator market fell to $X in 2022, declining by X% against the previous year. In general, consumption, however, recorded a noticeable setback. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Pneumatic Linear Acting Actuators in CIS

In value terms, pneumatic linear acting actuator production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

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Exports of Pneumatic Linear Acting Actuators

Exports in CIS

In 2022, overseas shipments of pneumatic linear acting actuators decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports saw a noticeable curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2021, and then fell markedly in the following year.

In value terms, pneumatic linear acting actuator exports dropped dramatically to $X in 2022. Over the period under review, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then declined rapidly in the following year.

Exports by Country

Russia represented the main exporter of pneumatic linear acting actuators in the CIS, with the volume of exports accounting for X units, which was near X% of total exports in 2022. Kazakhstan (X units) took the second position in the ranking, distantly followed by Belarus (X units) and Armenia (X units). All these countries together held approx. X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Armenia (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest pneumatic linear acting actuator supplying countries in the CIS were Belarus ($X), Russia ($X) and Kazakhstan ($X), with a combined X% share of total exports.

Among the main exporting countries, Kazakhstan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price posted a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belarus ($X per unit), while Armenia ($X per unit) was amongst the lowest.

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

Imports of Pneumatic Linear Acting Actuators

Imports in CIS

In 2022, overseas purchases of pneumatic linear acting actuators increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, pneumatic linear acting actuator imports reduced dramatically to $X in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belarus dominates imports structure, accounting for X units, which was near X% of total imports in 2022. Russia (X units) followed a long way behind the leaders.

Belarus was also the fastest-growing in terms of the pneumatic linear acting actuators imports, with a CAGR of X% from 2012 to 2022. At the same time, Russia (X%) displayed positive paces of growth. Belarus (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Russia ($X) constitutes the largest market for imported pneumatic linear acting actuators in the CIS, comprising X% of total imports. The second position in the ranking was held by Belarus ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to X%.

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the import price recorded a sharp setback. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Russia ($X per unit), while Belarus stood at $X per unit.

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

Source: IndexBox Platform

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