United Kingdom: Market for Pneumatic Linear Acting Actuators 2024

Market Size for Pneumatic Linear Acting Actuators in the UK

In 2022, after three years of decline, there was growth in the UK pneumatic linear acting actuator market, when its value increased by 3.9% to $X. Over the period under review, consumption recorded a drastic downturn. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Pneumatic Linear Acting Actuators in the UK

In value terms, pneumatic linear acting actuator production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2014 with an increase of 19% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Exports of Pneumatic Linear Acting Actuators

Exports from the UK

In 2022, approx. X units of pneumatic linear acting actuators were exported from the UK; increasing by 14% compared with 2021 figures. In general, exports enjoyed prominent growth. The growth pace was the most rapid in 2021 with an increase of 83%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, pneumatic linear acting actuator exports soared to $X in 2022. Overall, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 30% 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

Germany (X units), Italy (X units) and Spain (X units) were the main destinations of pneumatic linear acting actuator exports from the UK, with a combined 50% share of total exports. Ireland, the Netherlands, the United States, Mexico, the Czech Republic, China, South Africa, Russia and Angola lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +50.8%), 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 the UK were Germany ($X), the United States ($X) and the Netherlands ($X), with a combined 40% share of total exports. Ireland, Italy, the Czech Republic, China, Spain, Mexico, Angola, Russia and South Africa lagged somewhat behind, together accounting for a further 31%.

In terms of the main countries of destination, Mexico, with a CAGR of +41.4%, saw the highest rates of growth with regard to 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, growing by 8% against the previous year. Overall, the export price saw a tangible increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 56% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Spain ($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 Czech Republic (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pneumatic Linear Acting Actuators

Imports into the UK

In 2022, overseas purchases of pneumatic linear acting actuators increased by 1.4% to X units, rising for the second consecutive year after two years of decline. Overall, imports, however, faced a deep slump. The pace of growth was the most pronounced in 2017 with an increase of 18%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, pneumatic linear acting actuator imports rose significantly to $X in 2022. In general, imports, however, saw a deep slump. The pace of growth was the most pronounced in 2014 when imports increased by 17%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X units), Germany (X units) and China (X units) were the main suppliers of pneumatic linear acting actuator imports to the UK, with a combined 64% share of total imports. Italy, the Czech Republic, France, Switzerland, India, Hungary, Austria, Poland and Mexico lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +28.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Italy ($X) appeared to be the largest pneumatic linear acting actuator suppliers to the UK, together accounting for 63% of total imports. China, Switzerland, the Czech Republic, France, Hungary, Austria, India, Poland and Mexico lagged somewhat behind, together comprising a further 28%.

The Czech Republic, with a CAGR of +29.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pneumatic linear acting actuator import price stood at $X per unit in 2022, surging by 8.3% against the previous year. In general, the import price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 125%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.

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 Switzerland ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+23.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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