In 2023, Italy led European imports of multi-phase AC motors (37 kW - 75 kW) with a 59.36% share, despite an 8.49% decrease. Spain and France followed, showing notable growth of 1.94% and 18.64% respectively. The Netherlands experienced an 18.9% increase, whereas the UK nearly maintained its previous level. Germany's share rose by 3.47%, marked by consistent performance. Hungary and Estonia showcased significant growth rates at 76.08% and 141.99%. Despite slight increases, countries like Sweden and Denmark helped balance regional demand. Malta and Slovenia also recorded remarkable gains, indicating emerging markets potential.
Looking ahead, the future of European imports of multi-phase AC motors will likely see a continued rise in smaller markets due to burgeoning industrial activity. Countries with substantial year-on-year growth are expected to sustain momentum if economic conditions remain favorable. Observing global supply chain disruptions and advancements in motor technology will also be pivotal in understanding European import dynamics.
Top countries in Import of Multi-Phase AC Motors of an Output 37 kW - 75 kW Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 59.36 | 2023 | +20.63% | -8.49% | View data |
| 2 | 2 Spain | 10.23 | 2023 | +2.62% | +1.94% | View data |
| 3 | 3 France | 5.94 | 2023 | -1.22% | +18.64% | View data |
| 4 | 4 Netherlands | 4.11 | 2023 | +6.98% | +18.9% | View data |
| 5 | 5 United Kingdom | 3.98 | 2023 | -5.84% | -0.15% | View data |
| 6 | 6 Germany | 3.91 | 2023 | +13.7% | +3.47% | View data |
| 7 | 7 Hungary | 2 | 2023 | +6.77% | +76.08% | View data |
| 8 | 8 Denmark | 1.64 | 2023 | +1.33% | +4.02% | View data |
| 9 | 9 Austria | 1.26 | 2023 | -7.4% | +2.84% | View data |
| 10 | 10 Belgium | 1.09 | 2023 | +9.99% | +3.11% | View data |