Czech Republic: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in the Czech Republic

For the third consecutive year, the Czech pneumatic linear acting actuator market recorded decline in sales value, which decreased by -67.8% to $X in 2022. Overall, consumption showed a abrupt decrease. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Pneumatic Linear Acting Actuators in the Czech Republic

In value terms, pneumatic linear acting actuator production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a notable expansion. The pace of growth was the most pronounced in 2017 with an increase of 144% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Exports of Pneumatic Linear Acting Actuators

Exports from the Czech Republic

In 2022, shipments abroad of pneumatic linear acting actuators was finally on the rise to reach X units after three years of decline. Overall, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 when exports increased by 71%. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, pneumatic linear acting actuator exports contracted remarkably to $X in 2022. Over the period under review, exports showed strong growth. The pace of growth appeared the most rapid in 2014 when exports increased by 53% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units), Italy (X units) and Spain (X units) were the main destinations of pneumatic linear acting actuator exports from the Czech Republic, with a combined 49% share of total exports. Austria, France, Sweden, the Netherlands, the UK, Turkey, Slovakia, Switzerland and Russia lagged somewhat behind, together comprising a further 44%.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +128.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Spain ($X) appeared to be the largest markets for pneumatic linear acting actuator exported from the Czech Republic worldwide, together comprising 47% of total exports. Austria, France, Slovakia, the UK, the Netherlands, Sweden, Switzerland, Turkey and Russia lagged somewhat behind, together comprising a further 45%.

Sweden, with a CAGR of +96.5%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average pneumatic linear acting actuator export price amounted to $X per unit, which is down by -19.2% against the previous year. Overall, the export price continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2014 an increase of 38%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Italy ($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 Russia (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pneumatic Linear Acting Actuators

Imports into the Czech Republic

In 2022, after two years of decline, there was significant growth in overseas purchases of pneumatic linear acting actuators, when their volume increased by 23% to X units. Over the period under review, imports saw resilient growth. The pace of growth was the most pronounced in 2019 with an increase of 229%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, pneumatic linear acting actuator imports amounted to $X in 2022. The total import value increased at an average annual rate of +3.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of pneumatic linear acting actuator to the Czech Republic, accounting for a 63% share of total imports. Moreover, pneumatic linear acting actuator imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), sevenfold. Hungary (X units) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.9% per year) and Hungary (+29.4% per year).

In value terms, Germany ($X) constituted the largest supplier of pneumatic linear acting actuators to the Czech Republic, comprising 50% of total imports. The second position in the ranking was taken by Italy ($X), with an 8.8% share of total imports. It was followed by Hungary, with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+4.9% per year) and Hungary (+36.7% per year).

Import Prices by Country

The average pneumatic linear acting actuator import price stood at $X per unit in 2022, with a decrease of -17.8% against the previous year. Overall, the import price showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 when the average import price increased by 313%. 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 the Netherlands ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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