In 2023, the Netherlands led Europe in electric motor exports with under 37.5 W output, showing a growth of 6.69%. Germany had a significant increase of 22.16%, while Austria saw a decrease of 2.93%. Italy experienced a notable decline of 9.71%. Portugal and Denmark demonstrated strong growth rates, with increases of 12.61% and 13.27% respectively. Despite some negative trends, countries like Estonia and Malta showed remarkable improvements, with Malta achieving a 51.4% growth. The UK and France saw declines, with a complete halt in exports.
Looking ahead, expect nuanced growth as industrial demands evolve. Investments in sustainable technologies could drive higher exports, particularly from leading and innovative countries like the Netherlands and Germany. Watch for shifts in trade dynamics and regulations, influencing market shares across the regional spectrum.
Top countries in Export of Electric Motors of an Output Less than 37,5 W by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 275,630,000 | 2023 | +15.68% | +6.69% | View data |
| 2 | 2 Austria | 111,730,000 | 2023 | +0.7% | -2.93% | View data |
| 3 | 3 Germany | 83,491,000 | 2023 | +4.77% | +22.16% | View data |
| 4 | 4 Italy | 29,697,000 | 2023 | +5.55% | -9.71% | View data |
| 5 | 5 Romania | 23,807,000 | 2023 | +4.21% | +3.17% | View data |
| 6 | 6 Hungary | 20,193,000 | 2023 | +1.18% | +3.87% | View data |
| 7 | 7 Czechia | 18,991,000 | 2023 | |||
| 8 | 8 Slovakia | 18,048,000 | 2023 | +5.66% | +7.91% | View data |
| 9 | 9 Slovenia | 14,277,000 | 2023 | +1.55% | +0.28% | View data |
| 10 | 10 Poland | 7,870,100 | 2023 | +1.49% | +0.53% | View data |
