Slovenia: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in Slovenia

In 2022, the Slovene pneumatic linear acting actuator market increased by 3.3% to $X, rising for the third year in a row after two years of decline. Overall, consumption, however, recorded a slight shrinkage. Pneumatic linear acting actuator consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Pneumatic Linear Acting Actuators in Slovenia

In value terms, pneumatic linear acting actuator production surged to $X in 2022 estimated in export price. In general, production recorded a strong expansion. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Pneumatic Linear Acting Actuators

Exports from Slovenia

In 2022, the amount of pneumatic linear acting actuators exported from Slovenia stood at X units, increasing by 3.7% compared with 2021. Over the period under review, exports saw a prominent expansion. The pace of growth was the most pronounced in 2018 when exports increased by 153% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, pneumatic linear acting actuator exports reduced to $X in 2022. Overall, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2018 with an increase of 122% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units) was the main destination for pneumatic linear acting actuator exports from Slovenia, with a 59% share of total exports. Moreover, pneumatic linear acting actuator exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X units), tenfold. The third position in this ranking was held by Austria (X units), with a 5.6% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands stood at +103.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+20.4% per year) and Austria (+28.9% per year).

In value terms, the Netherlands ($X) remains the key foreign market for pneumatic linear acting actuators exports from Slovenia, comprising 50% of total exports. The second position in the ranking was taken by Austria ($X), with a 9% share of total exports. It was followed by the United States, with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at +90.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+37.0% per year) and the United States (+44.3% per year).

Export Prices by Country

In 2022, the average pneumatic linear acting actuator export price amounted to $X per unit, declining by -8.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 35%. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Serbia ($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 Croatia (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pneumatic Linear Acting Actuators

Imports into Slovenia

In 2022, the amount of pneumatic linear acting actuators imported into Slovenia expanded notably to X units, with an increase of 5.8% on the previous year's figure. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. Over the period under review, imports reached the peak figure at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, pneumatic linear acting actuator imports declined to $X in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest pneumatic linear acting actuator supplier to Slovenia, accounting for a 40% share of total imports. Moreover, pneumatic linear acting actuator imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The third position in this ranking was taken by Hungary (X units), with a 9.9% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.2% per year) and Hungary (+20.8% per year).

In value terms, Germany ($X) constituted the largest supplier of pneumatic linear acting actuators to Slovenia, comprising 46% of total imports. The second position in the ranking was taken by China ($X), with an 8.2% share of total imports. It was followed by Italy, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.1% per year) and Italy (-7.2% per year).

Import Prices by Country

In 2022, the average pneumatic linear acting actuator import price amounted to $X per unit, reducing by -11.3% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pneumatic linear acting actuator import price decreased by -14.7% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 30% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform