Report Update Nov 1, 2024

Sri Lanka - Pneumatic Linear Acting Actuators - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in Sri Lanka

The Sri Lankan pneumatic linear acting actuator market declined rapidly to $X in 2022, dropping by -26.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, enjoyed a remarkable increase. Over the period under review, the market reached the peak level at $X in 2021, and then declined sharply in the following year.

Exports of Pneumatic Linear Acting Actuators

Exports from Sri Lanka

Pneumatic linear acting actuator exports from Sri Lanka was estimated at X units in 2022, growing by 9.4% on the previous year's figure. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 914%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, pneumatic linear acting actuator exports soared to $X in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2018 with an increase of 1,227% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Pakistan (X units) was the main destination for pneumatic linear acting actuator exports from Sri Lanka, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Pakistan was relatively modest.

In value terms, Pakistan ($X) emerged as the key foreign market for pneumatic linear acting actuators exports from Sri Lanka.

From 2012 to 2022, the average annual rate of growth in terms of value to Pakistan was relatively modest.

Export Prices by Country

In 2022, the average pneumatic linear acting actuator export price amounted to $X per unit, surging by 21% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 31%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Pakistan.

From 2012 to 2022, the rate of growth in terms of prices for Maldives amounted to +17.1% per year.

Imports of Pneumatic Linear Acting Actuators

Imports into Sri Lanka

In 2022, approx. X units of pneumatic linear acting actuators were imported into Sri Lanka; shrinking by -26.3% compared with the previous year's figure. Over the period under review, imports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2013 with an increase of 70% against the previous year. Imports peaked at X units in 2021, and then dropped dramatically in the following year.

In value terms, pneumatic linear acting actuator imports contracted significantly to $X in 2022. Overall, imports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2014 when imports increased by 87% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank significantly in the following year.

Imports by Country

China (X units), Italy (X units) and India (X units) were the main suppliers of pneumatic linear acting actuator imports to Sri Lanka, together comprising 53% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +39.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and India ($X) constituted the largest pneumatic linear acting actuator suppliers to Sri Lanka, together accounting for 53% of total imports.

Among the main suppliers, China, with a CAGR of +36.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average pneumatic linear acting actuator import price amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period under review, the import price showed a noticeable decrease. The growth pace was the most rapid in 2014 an increase of 11% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Denmark ($X per unit) and India ($X per unit), while the price for Singapore ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pneumatic linear acting actuators in the world?

The countries with the highest volumes of in 2021 were South Africa, China and Germany, with a combined 43% share of global consumption. These countries were followed by Russia, India, the United States, Brazil, Japan, Mexico, Italy and South Korea, which together accounted for a further 39%.

What are the largest producers of pneumatic linear acting actuators in the world?

China constituted the country with the largest volume of pneumatic linear acting actuator production, accounting for 33% of total volume. Moreover, pneumatic linear acting actuator production in China exceeded the figures recorded by the second-largest producer, Poland, threefold. The third position in this ranking was occupied by India, with a 10% share.

What are the leading suppliers of pneumatic linear acting actuators to Sri Lanka?

In value terms, Denmark constituted the largest supplier of pneumatic linear acting actuator to Sri Lanka, comprising 40% of total imports. The second position in the ranking was occupied by China, with a 19% share of total imports. It was followed by Germany, with a 9.3% share.

What are the leading importers of pneumatic linear acting actuators from Sri Lanka?

In value terms, Denmark, China and Maldives were the largest markets for pneumatic linear acting actuator exported from Sri Lanka worldwide, with a combined 92% share of total exports.

What is the average export price for pneumatic linear acting actuators in Sri Lanka?

In 2021, the average pneumatic linear acting actuator export price amounted to $92 per unit, picking up by 83% against the previous year.

What is the average import price for pneumatic linear acting actuators in Sri Lanka?

The average pneumatic linear acting actuator import price stood at $47 per unit in 2021, growing by 1.5% against the previous year.

This report provides an in-depth analysis of the market for pneumatic linear acting actuator in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28121180 - Pneumatic linear acting actuators (including cylinders)

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023