Germany: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in Germany

In 2022, the German pneumatic linear acting actuator market increased by 7.8% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, saw a noticeable reduction. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Pneumatic Linear Acting Actuators in Germany

In value terms, pneumatic linear acting actuator production declined to $X in 2022 estimated in export price. Over the period under review, production showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 when the production volume increased by 15%. Pneumatic linear acting actuator production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Pneumatic Linear Acting Actuators

Exports from Germany

In 2022, overseas shipments of pneumatic linear acting actuators increased by 1.8% to X units, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 25%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, pneumatic linear acting actuator exports shrank to $X in 2022. The total export value increased at an average annual rate of +3.0% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 24%. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

France (X units), Italy (X units) and Belgium (X units) were the main destinations of pneumatic linear acting actuator exports from Germany, with a combined 24% share of total exports. The United States, the Netherlands, Poland, Sweden, Austria, Turkey, Spain, China, the UK and the Czech Republic lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +12.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pneumatic linear acting actuator exported from Germany were the United States ($X), Italy ($X) and France ($X), together accounting for 25% of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +8.3%, 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

In 2022, the average pneumatic linear acting actuator export price amounted to $X per unit, declining by -4.9% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 7.2% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Belgium ($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 UK (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pneumatic Linear Acting Actuators

Imports into Germany

In 2022, approx. X units of pneumatic linear acting actuators were imported into Germany; growing by 14% against 2021 figures. The total import volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, pneumatic linear acting actuator imports stood at $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 29% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Hungary (X units), Turkey (X units) and China (X units) were the main suppliers of pneumatic linear acting actuator imports to Germany, together comprising 67% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +41.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X) constituted the largest supplier of pneumatic linear acting actuators to Germany, comprising 27% of total imports. The second position in the ranking was taken by Turkey ($X), with a 12% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Hungary totaled +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+31.8% per year) and Italy (-0.7% per year).

Import Prices by Country

The average pneumatic linear acting actuator import price stood at $X per unit in 2022, shrinking by -11.4% against the previous year. In general, the import price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 10% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a 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 United States ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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