Mexico: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in Mexico

The Mexican pneumatic linear acting actuator market declined to $X in 2022, with a decrease of -7.5% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Production of Pneumatic Linear Acting Actuators in Mexico

In value terms, pneumatic linear acting actuator production declined to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 19%. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Pneumatic Linear Acting Actuators

Exports from Mexico

In 2022, overseas shipments of pneumatic linear acting actuators increased by 29% to X units, rising for the second consecutive year after two years of decline. Overall, total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, pneumatic linear acting actuator exports surged to $X in 2022. In general, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +8.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 30%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The United States (X units) was the main destination for pneumatic linear acting actuator exports from Mexico, accounting for a approx. 98% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +7.1%.

In value terms, the United States ($X) also remains the key foreign market for pneumatic linear acting actuators exports from Mexico.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +8.9%.

Export Prices by Country

The average pneumatic linear acting actuator export price stood at $X per unit in 2022, 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 2021 when the average export price increased by 9.2% against the previous year. As a result, the export price attained the peak level of $X per unit, and then declined in the following year.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.7% per year.

Imports of Pneumatic Linear Acting Actuators

Imports into Mexico

In 2022, overseas purchases of pneumatic linear acting actuators increased by 8% to X units, rising for the second consecutive year after two years of decline. Over the period under review, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +8.3% 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 +35.6% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 36% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, pneumatic linear acting actuator imports amounted to $X in 2022. Overall, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +8.1% 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 +31.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 36%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the United States (X units) constituted the largest pneumatic linear acting actuator supplier to Mexico, accounting for a 41% share of total imports. Moreover, pneumatic linear acting actuator imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was taken by Germany (X units), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.3% per year) and Germany (+12.2% per year).

In value terms, the United States ($X) constituted the largest supplier of pneumatic linear acting actuators to Mexico, comprising 41% of total imports. The second position in the ranking was taken by China ($X), with a 15% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.1% per year) and Germany (+12.0% per year).

Import Prices by Country

The average pneumatic linear acting actuator import price stood at $X per unit in 2022, approximately equating the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 10% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($X per unit) and the United States ($X per unit), while the price for 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 attained by China (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :