Central Asia: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in Central Asia

The Central Asian pneumatic linear acting actuator market declined modestly to $X in 2022, waning by -1.6% against the previous year. In general, consumption, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2017 when the market value increased by 8.8% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Pneumatic Linear Acting Actuators in Central Asia

In value terms, pneumatic linear acting actuator production dropped to $X in 2022 estimated in export price. Overall, production recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when the production volume increased by 7.4%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Pneumatic Linear Acting Actuators

Exports in Central Asia

In 2022, shipments abroad of pneumatic linear acting actuators increased by 3.1% to X units for the first time since 2019, thus ending a two-year declining trend. In general, exports showed strong growth. The pace of growth appeared the most rapid in 2015 with an increase of 443% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pneumatic linear acting actuator exports dropped to $X in 2022. Over the period under review, exports saw tangible growth. The most prominent rate of growth was recorded in 2015 with an increase of 117% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Kazakhstan prevails in exports structure, recording X units, which was approx. 93% of total exports in 2022. It was distantly followed by Mongolia (X units), mixing up a 6% share of total exports.

Kazakhstan was also the fastest-growing in terms of the pneumatic linear acting actuators exports, with a CAGR of +37.9% from 2012 to 2022. At the same time, Mongolia (+2.6%) displayed positive paces of growth. While the share of Kazakhstan (+84 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Mongolia (-5.2 p.p.) displayed negative dynamics.

In value terms, Kazakhstan ($X) remains the largest pneumatic linear acting actuator supplier in Central Asia, comprising 93% of total exports. The second position in the ranking was taken by Mongolia ($X), with a 6.5% share of total exports.

In Kazakhstan, pneumatic linear acting actuator exports expanded at an average annual rate of +26.8% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, with a decrease of -3.3% against the previous year. Overall, the export price saw a noticeable decline. The most prominent rate of growth was recorded in 2016 an increase of 114% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mongolia ($X per unit), while Kazakhstan amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (-0.1%).

Imports of Pneumatic Linear Acting Actuators

Imports in Central Asia

In 2022, overseas purchases of pneumatic linear acting actuators increased by 21% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate resilient growth. The growth pace was the most rapid in 2017 with an increase of 81% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, pneumatic linear acting actuator imports declined to $X in 2022. In general, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2017 when imports increased by 80%. The level of import peaked at $X in 2021, and then contracted in the following year.

Imports by Country

Kazakhstan dominates imports structure, accounting for X units, which was near 85% of total imports in 2022. It was distantly followed by Uzbekistan (X units), achieving an 8.1% share of total imports. The following importers - Mongolia (X units), Turkmenistan (X units) and Kyrgyzstan (X units) - together made up 6.2% of total imports.

Imports into Kazakhstan increased at an average annual rate of +14.0% from 2012 to 2022. At the same time, Uzbekistan (+23.9%), Mongolia (+15.1%) and Kyrgyzstan (+12.0%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +23.9% from 2012-2022. By contrast, Turkmenistan (-11.8%) illustrated a downward trend over the same period. While the share of Kazakhstan (+8.5 p.p.) and Uzbekistan (+8.1 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Turkmenistan (-17.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported pneumatic linear acting actuators in Central Asia, comprising 67% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 22% share of total imports. It was followed by Mongolia, with a 4.7% share.

In Kazakhstan, pneumatic linear acting actuator imports expanded at an average annual rate of +12.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Uzbekistan (+23.9% per year) and Mongolia (+8.3% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, shrinking by -26% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by 69%. As a result, import price attained the peak level of $X per unit, and then dropped dramatically in the following year.

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 Uzbekistan ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkmenistan (+4.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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