In 2023, Germany led European imports of multi-phase AC motors under 750W with a 25.94% share, followed by Italy at 17.29%. Notable increases were seen in France (+16.59%) and Denmark (+9.32%). Meanwhile, the UK (-12.88%) and Greece (-24.66%) experienced reductions. Over the past five years, a steady increase in demand has been prevalent in Hungary and Poland, suggesting a consistent growth trend in Eastern Europe.
- Germany remains the largest importer despite a slight decrease.
- France and Denmark are emerging as significant players due to double-digit growth.
- The UK and Greece showcase declining trends, hinting at market saturation or economic challenges.
Looking forward, the anticipated growth in Eastern European countries like Hungary and Poland presents potential market shifts. Additionally, technological advancements and sustainability trends might influence future import patterns in Western Europe, especially in countries with tech-driven industries.
Top countries in Import of Multi-Phase AC Motors of an Output Less than 750 W Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25.94 | 2023 | +7.47% | -0.59% | View data |
| 2 | 2 Italy | 17.29 | 2023 | +3.56% | +3.67% | View data |
| 3 | 3 Hungary | 8.91 | 2023 | +6% | +5.56% | View data |
| 4 | 4 Poland | 8.56 | 2023 | +4.52% | +3.35% | View data |
| 5 | 5 France | 8.35 | 2023 | +5.15% | +16.59% | View data |
| 6 | 6 Czechia | 5.06 | 2023 | |||
| 7 | 7 Slovakia | 4.48 | 2023 | +3.82% | +0.84% | View data |
| 8 | 8 Netherlands | 3.51 | 2023 | +2.07% | +1.41% | View data |
| 9 | 9 Austria | 3.33 | 2023 | +9.49% | +0.013% | View data |
| 10 | 10 Spain | 3.25 | 2023 | +1.67% | -4.37% | View data |
