Sweden: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in Sweden

The Swedish pneumatic linear acting actuator market declined to $X in 2022, with a decrease of -10.5% against the previous year. Overall, the total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.5% 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 +15.9% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Pneumatic Linear Acting Actuators in Sweden

In value terms, pneumatic linear acting actuator production shrank sharply to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced reduction. The pace of growth appeared the most rapid in 2018 when the production volume increased by 92% against the previous year. Pneumatic linear acting actuator production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Pneumatic Linear Acting Actuators

Exports from Sweden

In 2022, exports of pneumatic linear acting actuators from Sweden skyrocketed to X units, with an increase of 17% against the previous year's figure. In general, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, pneumatic linear acting actuator exports amounted to $X in 2022. Over the period under review, exports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2017 when exports increased by 19% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X units), Finland (X units) and Denmark (X units) were the main destinations of pneumatic linear acting actuator exports from Sweden, with a combined 35% share of total exports. China, Australia, the United States, Germany, the United Arab Emirates, Mexico, Brazil, Austria, Italy and Japan lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of +21.0%), 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 Sweden were China ($X), Germany ($X) and Finland ($X), together comprising 30% of total exports. Norway, the United States, Brazil, Denmark, Mexico, the United Arab Emirates, Italy, Austria, Australia and Japan lagged somewhat behind, together comprising a further 41%.

In terms of the main countries of destination, Japan, with a CAGR of +17.1%, 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, declining by -12.1% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% 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 export price decreased by -24.1% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 31%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Australia ($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 United Arab Emirates (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pneumatic Linear Acting Actuators

Imports into Sweden

Pneumatic linear acting actuator imports into Sweden reached X units in 2022, flattening at the year before. Overall, imports saw a strong increase. The growth pace was the most rapid in 2015 with an increase of 52%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, pneumatic linear acting actuator imports fell to $X in 2022. The total import value increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 26%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

Germany (X units), the Netherlands (X units) and Italy (X units) were the main suppliers of pneumatic linear acting actuator imports to Sweden, together accounting for 81% of total imports. China, the Czech Republic, Romania, Belgium and Denmark lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +47.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of pneumatic linear acting actuators to Sweden, comprising 61% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 11% share of total imports. It was followed by Italy, with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+19.8% per year) and Italy (+3.5% per year).

Import Prices by Country

In 2022, the average pneumatic linear acting actuator import price amounted to $X per unit, reducing by -8.5% against the previous year. Overall, the import price continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2013 an increase of 33%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average 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 Denmark ($X per unit), while the price for Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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