Romania: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in Romania

The Romanian pneumatic linear acting actuator market shrank modestly to $X in 2022, with a decrease of -4.4% against the previous year. Overall, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +3.3% against 2020 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Pneumatic Linear Acting Actuators in Romania

In value terms, pneumatic linear acting actuator production contracted to $X in 2022 estimated in export price. Overall, production posted a pronounced expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 191% against the previous year. Pneumatic linear acting actuator production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Pneumatic Linear Acting Actuators

Exports from Romania

In 2022, overseas shipments of pneumatic linear acting actuators decreased by -14.6% to X units, falling for the second year in a row after three years of growth. Overall, exports, however, showed a remarkable increase. The growth pace was the most rapid in 2013 when exports increased by 1,684%. Over the period under review, the exports reached the peak figure at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, pneumatic linear acting actuator exports surged to $X in 2022. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2013 when exports increased by 988%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), Moldova (X units) and the UK (X units) were the main destinations of pneumatic linear acting actuator exports from Romania, with a combined 41% share of total exports. The Netherlands, Bulgaria, Nigeria, Hungary, Italy, Switzerland, Libya, Turkey, Serbia and France lagged somewhat behind, together comprising a further 50%.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +279.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pneumatic linear acting actuator exported from Romania were the Netherlands ($X), Nigeria ($X) and Libya ($X), together accounting for 46% of total exports.

In terms of the main countries of destination, Nigeria, with a CAGR of +300.7%, recorded the highest growth rate of 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

The average pneumatic linear acting actuator export price stood at $X per unit in 2022, rising by 62% against the previous year. In general, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 86% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Libya ($X per unit), while the average price for exports to France ($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 Netherlands (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pneumatic Linear Acting Actuators

Imports into Romania

In 2022, supplies from abroad of pneumatic linear acting actuators increased by 1% to X units for the first time since 2016, thus ending a five-year declining trend. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when imports increased by 495%. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, pneumatic linear acting actuator imports fell to $X in 2022. In general, imports enjoyed a pronounced expansion. The growth pace was the most rapid in 2013 when imports increased by 373% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of pneumatic linear acting actuator to Romania, accounting for a 54% share of total imports. Moreover, pneumatic linear acting actuator imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), fivefold. The third position in this ranking was taken by Poland (X units), with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-7.1% per year) and Poland (+51.9% per year).

In value terms, Germany ($X) constituted the largest supplier of pneumatic linear acting actuators to Romania, comprising 64% of total imports. The second position in the ranking was taken by Italy ($X), with an 8.3% share of total imports. It was followed by Spain, with a 3.7% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-5.8% per year) and Spain (+24.8% per year).

Import Prices by Country

In 2022, the average pneumatic linear acting actuator import price amounted to $X per unit, declining by -8.3% against the previous year. In general, the import price, however, enjoyed a measured expansion. The pace of growth appeared the most rapid in 2020 an increase of 49% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($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 UK (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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