Italy: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in Italy

The Italian pneumatic linear acting actuator market reduced rapidly to $X in 2022, shrinking by -27.1% against the previous year. Overall, consumption continues to indicate a deep reduction. Pneumatic linear acting actuator consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Pneumatic Linear Acting Actuators in Italy

In value terms, pneumatic linear acting actuator production dropped to $X in 2022 estimated in export price. In general, production showed a pronounced shrinkage. The pace of growth was the most pronounced in 2015 when the production volume increased by 45% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Exports of Pneumatic Linear Acting Actuators

Exports from Italy

In 2022, shipments abroad of pneumatic linear acting actuators increased by 13% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, showed a noticeable slump. The growth pace was the most rapid in 2021 when exports increased by 17%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, pneumatic linear acting actuator exports reached $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 22%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for pneumatic linear acting actuator exports from Italy, with a 20% share of total exports. Moreover, pneumatic linear acting actuator exports to Germany exceeded the volume sent to the second major destination, France (X units), threefold. Spain (X units) ranked third in terms of total exports with a 5.9% share.

From 2012 to 2022, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-11.9% per year) and Spain (-2.7% per year).

In value terms, Germany ($X) remains the key foreign market for pneumatic linear acting actuators exports from Italy, comprising 20% of total exports. The second position in the ranking was taken by France ($X), with a 6.6% share of total exports. It was followed by the United States, with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-8.6% per year) and the United States (+6.3% per year).

Export Prices by Country

In 2022, the average pneumatic linear acting actuator export price amounted to $X per unit, with a decrease of -7.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2016 when the average export price increased by 17%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Portugal ($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 China (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pneumatic Linear Acting Actuators

Imports into Italy

Pneumatic linear acting actuator imports into Italy shrank to X units in 2022, with a decrease of -8.5% compared with the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 56%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, pneumatic linear acting actuator imports rose modestly to $X in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 27% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of pneumatic linear acting actuator to Italy, accounting for a 64% share of total imports. Moreover, pneumatic linear acting actuator imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The Netherlands (X units) ranked third in terms of total imports with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled -2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+16.5% per year) and the Netherlands (+8.9% per year).

In value terms, Germany ($X) constituted the largest supplier of pneumatic linear acting actuators to Italy, comprising 84% of total imports. The second position in the ranking was taken by China ($X), with a 4.1% share of total imports. It was followed by the Netherlands, with a 3.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.3% per year) and the Netherlands (+11.8% per year).

Import Prices by Country

The average pneumatic linear acting actuator import price stood at $X per unit in 2022, growing by 13% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 import price increased by +143.2% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 60% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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