In 2023, Germany holds the largest share of European imports of electric motors, generators, and transformers, accounting for 27.68% of units. The Netherlands and Poland follow with shares of 12.7% and 12%, respectively. Spain shows significant growth with an increase of 8.12%, while the United Kingdom experiences a notable decline of 10.57%. Other countries like Czechia, Slovakia, and Greece exhibit positive year-on-year growth. Overall, Germany, despite a slight decrease, remains a dominant player, whereas countries like France and Italy have seen declines in their share of imports.
Looking forward, countries showing recent growth, particularly Spain, Czechia, and Greece, might continue to increase their share of imports. Technological advancements, green energy initiatives, and supply chain optimizations are factors to monitor, as they could influence shifting import dynamics and increase competitiveness in this sector.
Top countries in Import of Electric Motors, Generators and Transformers Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.68 | 2023 | +2.4% | -0.87% | View data |
| 2 | 2 Netherlands | 12.7 | 2023 | +11.06% | +4.61% | View data |
| 3 | 3 Poland | 12 | 2023 | +1.08% | -0.48% | View data |
| 4 | 4 Austria | 10.4 | 2023 | +2.12% | +0.012% | View data |
| 5 | 5 Czechia | 9.68 | 2023 | |||
| 6 | 6 Hungary | 5.35 | 2023 | -2.67% | -1.91% | View data |
| 7 | 7 France | 4.85 | 2023 | +1.32% | -5.18% | View data |
| 8 | 8 Spain | 4.76 | 2023 | +7.59% | +8.12% | View data |
| 9 | 9 Italy | 4.73 | 2023 | -4.48% | -3.47% | View data |
| 10 | 10 Romania | 4.17 | 2023 | +2.58% | +0.27% | View data |
