Middle East: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in the Middle East

After two years of growth, the Middle Eastern pneumatic linear acting actuator market decreased by -6.9% to $X in 2022. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Pneumatic Linear Acting Actuators in the Middle East

In value terms, pneumatic linear acting actuator production fell to $X in 2022 estimated in export price. In general, production, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 84% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Pneumatic Linear Acting Actuators

Exports in the Middle East

In 2022, the amount of pneumatic linear acting actuators exported in the Middle East soared to X units, jumping by 46% on the previous year. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 59%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, pneumatic linear acting actuator exports rose notably to $X in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2019 with an increase of 81% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Turkey was the key exporting country with an export of about X units, which accounted for 59% of total exports. It was distantly followed by Israel (X units), the United Arab Emirates (X units) and Saudi Arabia (X units), together generating a 41% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to pneumatic linear acting actuator exports from Turkey stood at +19.3%. At the same time, Saudi Arabia (+65.0%), Israel (+25.7%) and the United Arab Emirates (+17.1%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +65.0% from 2012-2022. While the share of Saudi Arabia (+7.7 p.p.) and Israel (+7.7 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (-3.2 p.p.) and Turkey (-8.4 p.p.) displayed negative dynamics.

In value terms, the largest pneumatic linear acting actuator supplying countries in the Middle East were Israel ($X), Turkey ($X) and Saudi Arabia ($X), together accounting for 94% of total exports.

Saudi Arabia, with a CAGR of +46.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per unit, waning by -26.6% against the previous year. Export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the export price increased by 30% against the previous year. The level of export peaked at $X per unit in 2021, and then reduced rapidly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+1.7%), while the other leaders experienced a decline in the export price figures.

Imports of Pneumatic Linear Acting Actuators

Imports in the Middle East

In 2022, supplies from abroad of pneumatic linear acting actuators increased by 0.8% to X units, rising for the seventh consecutive year after two years of decline. In general, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 87%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, pneumatic linear acting actuator imports declined remarkably to $X in 2022. Total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 47%. Over the period under review, imports reached the peak figure at $X in 2021, and then declined significantly in the following year.

Imports by Country

The United Arab Emirates (X units) and Turkey (X units) dominates imports structure, together making up 79% of total imports. Israel (X units) ranks next in terms of the total imports with a 7.1% share, followed by Iran (6.9%). Iraq (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +21.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pneumatic linear acting actuator importing markets in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Israel ($X), with a combined 84% share of total imports.

Turkey, with a CAGR of +7.9%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, waning by -20.5% against the previous year. In general, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2014 when the import price increased by 23% against the previous year. The level of import peaked at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (-0.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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