Key Market Indicators
Maltese imports of DC motors are projected to hit approximately $414,000 by 2028, up from around $358,000 in 2023. This marks an average annual growth rate of 2.3%. Despite this upward trend, demand has seen a historical decline of 2.2% per year since 1999. On the export side, Maltese DC motor shipments are expected to reach nearly $60,000 by 2028, rising from about $50,000 in 2023. This represents a compound annual growth rate (CAGR) of 2.9%. Notably, since 2003, the supply of Maltese DC motors has increased by an average of 4.6% annually.
