Denmark: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in Denmark

The Danish pneumatic linear acting actuator market reached $X in 2022, increasing by 7.5% against the previous year. In general, consumption saw buoyant growth. Pneumatic linear acting actuator consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Pneumatic Linear Acting Actuators in Denmark

In value terms, pneumatic linear acting actuator production soared to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2019 when the production volume increased by 100%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Exports of Pneumatic Linear Acting Actuators

Exports from Denmark

In 2022, shipments abroad of pneumatic linear acting actuators decreased by -20.9% to X units, falling for the fourth year in a row after three years of growth. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 240%. The exports peaked 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 fell significantly to $X in 2022. In general, exports, however, recorded a moderate expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 138%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Sri Lanka (X units), Norway (X units) and Sweden (X units) were the main destinations of pneumatic linear acting actuator exports from Denmark, together comprising 40% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sri Lanka (with a CAGR of +63.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pneumatic linear acting actuator exported from Denmark were Sweden ($X), Germany ($X) and Sri Lanka ($X), with a combined 30% share of total exports.

In terms of the main countries of destination, Sri Lanka, with a CAGR of +64.3%, saw 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

The average pneumatic linear acting actuator export price stood at $X per unit in 2022, increasing by 3.8% against the previous year. Over the period under review, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pneumatic linear acting actuator export price increased by +40.4% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to Norway ($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 the United States (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pneumatic Linear Acting Actuators

Imports into Denmark

Pneumatic linear acting actuator imports into Denmark was estimated at X units in 2022, rising by 7.3% compared with the previous year's figure. In general, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +7.8% 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 +13.8% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 42%. Over the period under review, imports reached the maximum 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. Overall, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.1% 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 +20.5% against 2020 indices. The growth pace was the most rapid in 2018 when imports increased by 49% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then fell in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of pneumatic linear acting actuator to Denmark, accounting for a 50% share of total imports. Moreover, pneumatic linear acting actuator imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. Sweden (X units) ranked third in terms of total imports with a 9.5% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +15.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.4% per year) and Sweden (+2.0% per year).

In value terms, Germany ($X) constituted the largest supplier of pneumatic linear acting actuators to Denmark, comprising 68% of total imports. The second position in the ranking was held by Italy ($X), with a 13% share of total imports. It was followed by Sweden, with a 7.1% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.0% per year) and Sweden (+1.9% per year).

Import Prices by Country

The average pneumatic linear acting actuator import price stood at $X per unit in 2022, reducing by -9.7% against the previous year. Overall, the import price recorded a mild downturn. The pace of growth was the most pronounced in 2016 an increase of 18%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 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 Germany ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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