Russian Federation: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in the Russian Federation

The Russian pneumatic linear acting actuator market reduced markedly to $X in 2022, which is down by -18.5% against the previous year. Overall, consumption showed a abrupt descent. Pneumatic linear acting actuator consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Pneumatic Linear Acting Actuators in the Russian Federation

In value terms, pneumatic linear acting actuator production shrank rapidly to $X in 2022 estimated in export price. Overall, production continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 235%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Pneumatic Linear Acting Actuators

Exports from the Russian Federation

In 2022, overseas shipments of pneumatic linear acting actuators decreased by -20.3% to X units, falling for the third year in a row after three years of growth. Overall, exports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of 209%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, pneumatic linear acting actuator exports contracted to $X in 2022. Over the period under review, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 179% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then reduced in the following year.

Exports by Country

Kazakhstan (X units) was the main destination for pneumatic linear acting actuator exports from Russia, with a 40% share of total exports. Moreover, pneumatic linear acting actuator exports to Kazakhstan exceeded the volume sent to the second major destination, Belarus (X units), twofold. Ukraine (X units) ranked third in terms of total exports with a 7.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kazakhstan stood at +26.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (-4.9% per year) and Ukraine (+2.2% per year).

In value terms, Kazakhstan ($X), Belarus ($X) and Germany ($X) appeared to be the largest markets for pneumatic linear acting actuator exported from Russia worldwide, together accounting for 71% of total exports. The United States, Armenia, South Africa, Ukraine, Finland and Austria lagged somewhat behind, together accounting for a further 19%.

Among the main countries of destination, Austria, with a CAGR of +105.7%, 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

In 2022, the average pneumatic linear acting actuator export price amounted to $X per unit, picking up by 7.1% against the previous year. Overall, the export price showed a resilient increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 54%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Austria ($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 Kazakhstan (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pneumatic Linear Acting Actuators

Imports into the Russian Federation

After two years of growth, overseas purchases of pneumatic linear acting actuators decreased by -4.5% to X units in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 153% against the previous year. Over the period under review, imports attained the maximum at X units in 2021, and then shrank in the following year.

In value terms, pneumatic linear acting actuator imports dropped to $X in 2022. Overall, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 70% against the previous year. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of pneumatic linear acting actuator to Russia, with a 71% share of total imports. Moreover, pneumatic linear acting actuator imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), more than tenfold. Germany (X units) ranked third in terms of total imports with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +82.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+44.5% per year) and Germany (+2.1% per year).

In value terms, China ($X) constituted the largest supplier of pneumatic linear acting actuators to Russia, comprising 41% of total imports. The second position in the ranking was taken by Germany ($X), with a 9.8% share of total imports. It was followed by Italy, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +44.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.6% per year) and Italy (+4.0% per year).

Import Prices by Country

In 2022, the average pneumatic linear acting actuator import price amounted to $X per unit, with a decrease of -3.6% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 an increase of 33%. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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