SADC: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in SADC

The SADC pneumatic linear acting actuator market contracted modestly to $X in 2022, which is down by -4.7% against the previous year. Overall, consumption, however, saw a mild increase. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Pneumatic Linear Acting Actuators in SADC

In value terms, pneumatic linear acting actuator production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by 51%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Pneumatic Linear Acting Actuators

Exports in SADC

In 2022, shipments abroad of pneumatic linear acting actuators decreased by -4.3% to X units for the first time since 2019, thus ending a two-year rising trend. Total exports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +2.5% 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 +22.5% against 2019 indices. The pace of growth was the most pronounced in 2017 when exports increased by 74% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, pneumatic linear acting actuator exports reached $X in 2022. Total exports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.5% 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 +24.6% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of 62%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

South Africa prevails in exports structure, accounting for X units, which was approx. 93% of total exports in 2022. The following exporters - Namibia (X units) and Mozambique (X units) - each resulted at a 4.4% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to pneumatic linear acting actuator exports from South Africa stood at +3.6%. At the same time, Mozambique (+27.8%) and Namibia (+15.9%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing exporter exported in SADC, with a CAGR of +27.8% from 2012-2022. South Africa (+9.7 p.p.), Mozambique (+1.9 p.p.) and Namibia (+1.6 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest pneumatic linear acting actuator supplier in SADC, comprising 94% of total exports. The second position in the ranking was held by Namibia ($X), with a 1.8% share of total exports.

In South Africa, pneumatic linear acting actuator exports increased at an average annual rate of +5.0% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Namibia (+30.1% per year) and Mozambique (+26.8% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, rising by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2014 an increase of 14%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+12.2%), while the other leaders experienced mixed trends in the export price figures.

Imports of Pneumatic Linear Acting Actuators

Imports in SADC

In 2022, purchases abroad of pneumatic linear acting actuators increased by 6.1% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2018 with an increase of 29% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, pneumatic linear acting actuator imports shrank modestly to $X in 2022. Overall, imports, however, continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 34% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

South Africa dominates imports structure, resulting at X units, which was approx. 66% of total imports in 2022. Democratic Republic of the Congo (X units) held a 6.2% share (based on physical terms) of total imports, which put it in second place, followed by Namibia (5.5%). Botswana (X units), Tanzania (X units), Zambia (X units), Angola (X units) and Mozambique (X units) held a relatively small share of total imports.

Imports into South Africa decreased at an average annual rate of -1.0% from 2012 to 2022. At the same time, Democratic Republic of the Congo (+9.5%), Mozambique (+8.8%) and Tanzania (+5.8%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of +9.5% from 2012-2022. By contrast, Namibia (-5.0%), Angola (-10.6%), Botswana (-11.9%) and Zambia (-12.8%) illustrated a downward trend over the same period. South Africa (+11 p.p.), Democratic Republic of the Congo (+4.3 p.p.) and Tanzania (+2.3 p.p.) significantly strengthened its position in terms of the total imports, while Angola, Zambia and Botswana saw its share reduced by -4.5%, -6.7% and -7.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported pneumatic linear acting actuators in SADC, comprising 66% of total imports. The second position in the ranking was held by Angola ($X), with a 6.4% share of total imports. It was followed by Democratic Republic of the Congo, with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to -2.4%. The remaining importing countries recorded the following average annual rates of imports growth: Angola (-7.7% per year) and Democratic Republic of the Congo (+6.1% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, falling by -5.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 6.5%. Over the period under review, import prices attained the maximum at $X per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Angola ($X per unit), while Botswana ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+7.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform