In 2023, Slovenia dominated European exports of Universal AC/DC Motors over 37.5 W, capturing a 31.21% share, followed by Slovakia at 30.54% and Italy at 13.7%. Among smaller contributors, the Netherlands and Greece showed impressive gains, with 21.29% and 26% year-on-year growth, respectively. Conversely, significant declines were seen in France (-19.98%), Hungary (-9.87%), and the UK (-25.18%). Malta, although having a minor share, recorded the highest growth at 162.82% over 2023.
Future trends to watch include the impact of digitalisation and energy efficiency on motor demand and potential shifts in production to lower-cost Eastern European countries. Trade policies and environmental regulations will also play pivotal roles in shaping export trends in upcoming years.
Top countries in Export of Universal AC/DC Motors of an Output More than 37,5 W Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovenia | 31.21 | 2023 | +2.9% | +2.72% | View data |
| 2 | 2 Slovakia | 30.54 | 2023 | +0.56% | -2.9% | View data |
| 3 | 3 Italy | 13.7 | 2023 | -1.45% | -0.88% | View data |
| 4 | 4 Romania | 6.88 | 2023 | +5.19% | +8.1% | View data |
| 5 | 5 Germany | 5.1 | 2023 | +1.42% | -7.52% | View data |
| 6 | 6 Netherlands | 3.76 | 2023 | +5.52% | +21.29% | View data |
| 7 | 7 France | 3.15 | 2023 | -22.57% | -19.98% | View data |
| 8 | 8 Czechia | 2.36 | 2023 | |||
| 9 | 9 Hungary | 1.19 | 2023 | -20.49% | -9.87% | View data |
| 10 | 10 Luxembourg | 0.46 | 2023 | +9.47% | -33.2% | View data |