Italy leads the European export of single-phase AC motors with a significant share of 51.71% in 2023, despite experiencing a slight decline of 2% from the previous year. Poland and Slovakia follow, with robust export shares of 13.73% and 9.98%, respectively. Notably, Poland achieved an 8.26% increase in exports. Meanwhile, countries like Romania and Belgium saw notable declines in their market share, decreasing by 10.6% and 14.34% respectively. Finland and Malta exhibited remarkable growth rates over the year, increasing by 21.93% and 20.11% respectively.
Looking ahead, potential trends impacting European exports include:
- Continued shifts in manufacturing bases could influence export dynamics, particularly for emerging leaders like Poland and Slovakia.
- Technological advancements and innovations may bolster production efficiency, potentially reshaping market share distribution.
- Environmental regulations and sustainable practices could drive changes in production processes and impacts on trade.
Top countries in Export of Single-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 Italy | 51.71 | 2023 | -24.49% | -2% | View data |
| 2 | 2 Poland | 13.73 | 2023 | +5.66% | +8.26% | View data |
| 3 | 3 Slovakia | 9.98 | 2023 | +0.32% | +1.33% | View data |
| 4 | 4 France | 9.64 | 2023 | -6.64% | +1.52% | View data |
| 5 | 5 Germany | 7.56 | 2023 | +0.46% | +0.28% | View data |
| 6 | 6 Czechia | 4.05 | 2023 | |||
| 7 | 7 Romania | 2.56 | 2023 | -7.75% | -10.6% | View data |
| 8 | 8 Netherlands | 2.54 | 2023 | +2.35% | +1.77% | View data |
| 9 | 9 Slovenia | 0.94 | 2023 | -1.86% | -4.31% | View data |
| 10 | 10 Austria | 0.67 | 2023 | +0.34% | -6.57% | View data |
