Key Market Indicators
Macedonian DC Motor Imports Forecasted to Decline by 2028 SKOPJE – The import of DC motors into Macedonia is projected to fall to approximately $82,000 by 2028, down from around $104,000 in 2023. This represents an average annual decrease of 3.7%. Despite this projected decline, Macedonian demand for DC motors had been growing at an average rate of 1.3% per year since 1999. In contrast, Macedonian exports of DC motors are set for modest growth. Projections indicate exports will reach about $10,000 by 2028, up from nearly $10,000 in 2023. This suggests an average annual growth rate of 0.8%. Macedonian supply has shown strong historical growth, with an impressive average annual increase of 10.1% since 1999. In 2023, Macedonia ranked 75th in DC motor exports, with El Salvador narrowly ahead at the same value of $9,660. Leading the global rankings for DC motor exports are Germany, the United States, and France, holding the second, third, and fourth positions respectively.
