Key Market Indicators
Croatia's export of DC motors is projected to undergo a significant decline in the coming years. By 2028, the export value is expected to drop to approximately $52,000, down from around $151,000 in 2023. This represents an average annual decrease of 17%. Despite this downturn, the country's supply of DC motors has seen a modest annual increase of 1.1% since 1997. In the global ranking for DC motor exports in 2023, Croatia held the 56th position, with Brazil surpassing it at an export value of $151,000. Leading the rankings were Germany, the United States, and France in the second, third, and fourth spots, respectively. On the import side, Croatia is also facing a downward trend. DC motor imports are anticipated to fall to roughly $576,000 by 2028, down from about $603,000 in 2023, marking an annual decrease of 0.7%. Since 1997, Croatia's demand for DC motors has decreased by an average of 4.1% per year.
