The European export landscape for electric motors, generators, and transformers reveals Italy as the dominant player, holding 42.24% of the share in 2023, followed by Germany at 18.66% and Czechia at 12.31%. Notable changes in 2023 include Belgium's 37.64% increase and Romania's 10.02% rise, while Sweden and France saw significant declines of -21.8% and -24.67%, respectively. The overall trend suggests consolidation among key players, with smaller countries maintaining minimal changes.
Future trends to watch in this sector include the potential for Italy and Germany to consolidate their positions further, along with a focus on sustainability and innovation in production. Potential growth could be seen from Eastern European countries like Romania and Czechia, who may leverage lower production costs and increased investment to expand their export shares in the coming years.
Top countries in Export of Electric Motors, Generators and Transformers Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 42.24 | 2023 | +9.78% | +1.82% | View data |
| 2 | 2 Germany | 18.66 | 2023 | +1.51% | +3.67% | View data |
| 3 | 3 Czechia | 12.31 | 2023 | |||
| 4 | 4 Poland | 10.45 | 2023 | -1.5% | -3.98% | View data |
| 5 | 5 Sweden | 6.76 | 2023 | +0.89% | -21.8% | View data |
| 6 | 6 Slovenia | 2.58 | 2023 | +3.46% | +1.41% | View data |
| 7 | 7 Romania | 2.42 | 2023 | +6.25% | +10.02% | View data |
| 8 | 8 Belgium | 1.6 | 2023 | +4.95% | +37.64% | View data |
| 9 | 9 United Kingdom | 1.32 | 2023 | -1.25% | +5.51% | View data |
| 10 | 10 Spain | 0.68 | 2021 | +140.71% | +1.99% | View data |
