Key Market Indicators
Lebanon's import of DC motors is projected to drop to approximately $647,000 by 2028, down from around $730,000 in 2023, marking an average annual decline of 1.9%. This comes despite a historical increase in demand, which has grown by 5.2% annually since 2002. On the export front, Lebanon saw a significant decrease in DC motor exports, falling to roughly $223,000 in 2018 from about $312,000 the previous year. This represents a sharp 28.3% decline. Nevertheless, Lebanon's supply of DC motors has experienced a modest annual increase of 2.4% since 2002.
