Israel: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in Israel

The Israeli pneumatic linear acting actuator market was estimated at $X in 2022, with an increase of 2% against the previous year. The market value increased at an average annual rate of +3.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Pneumatic Linear Acting Actuators in Israel

In value terms, pneumatic linear acting actuator production rose slightly to $X in 2022 estimated in export price. In general, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.6% against 2020 indices. The growth pace was the most rapid in 2013 when the production volume increased by 25% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Pneumatic Linear Acting Actuators

Exports from Israel

In 2022, approx. X units of pneumatic linear acting actuators were exported from Israel; which is down by -15.8% against the previous year. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 207% against the previous year. The exports peaked at X units in 2021, and then contracted dramatically in the following year.

In value terms, pneumatic linear acting actuator exports shrank remarkably to $X in 2022. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2018 with an increase of 220%. The exports peaked at $X in 2021, and then plummeted in the following year.

Exports by Country

Japan (X units), Argentina (X units) and France (X units) were the main destinations of pneumatic linear acting actuator exports from Israel, with a combined 47% share 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 Japan (with a CAGR of +1,053.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pneumatic linear acting actuator exported from Israel were Japan ($X), Argentina ($X) and France ($X), with a combined 47% share of total exports.

In terms of the main countries of destination, Japan, with a CAGR of +1,072.0%, 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, which is down by -8.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2017 an increase of 49%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Argentina ($X per unit) and South Africa ($X per unit), while the average price for exports to the UK ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pneumatic Linear Acting Actuators

Imports into Israel

In 2022, the amount of pneumatic linear acting actuators imported into Israel declined to X units, waning by -14.4% on the previous year's figure. Overall, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.1% 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 +7.4% against 2017 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, imports attained the peak of X units, and then shrank in the following year.

In value terms, pneumatic linear acting actuator imports declined to $X in 2022. Over the period under review, total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.9% 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 +29.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

Germany (X units), Italy (X units) and the United States (X units) were the main suppliers of pneumatic linear acting actuator imports to Israel, with a combined 57% share of total imports. Japan, China, Taiwan (Chinese) and the UK lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +14.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pneumatic linear acting actuator suppliers to Israel were Germany ($X), Italy ($X) and the United States ($X), with a combined 57% share of total imports. Japan, China, Taiwan (Chinese) and the UK lagged somewhat behind, together accounting for a further 28%.

Among the main suppliers, China, with a CAGR of +14.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average pneumatic linear acting actuator import price amounted to $X per unit, remaining relatively unchanged against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 11% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per unit) and Italy ($X per unit), while the price for China ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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