In 2023, Italy emerged as the leading exporter of multi-phase AC motors (375 kW - 750 kW) in Europe, with a marked increase of 7.13% year-on-year. Germany and Finland followed, maintaining steady values. Conversely, Spain experienced a notable decline of 28.16%. Sweden observed a significant growth of 54.46%, suggesting a potential shift in market dynamics. Eastern European countries like Poland and Austria also showed positive growth, whereas countries such as Latvia and Luxembourg faced declines, with Latvia's exports completely ceasing.
The future trends to watch include the potential for continued dominance by Italy, especially if their growth trajectory persists. Germany's stable position might evolve, contingent on technological advancements and policy shifts. Additionally, the resurgence in Sweden suggests that countries re-evaluating their manufacturing strategies could capitalize on emerging opportunities in the global market. Monitoring the impact of sustainability and energy-efficient motor production on export dynamics will be crucial for assessing future competitive edges among European countries.
Top countries in Export of Multi-Phase AC Motors of an Output 375 kW - 750 kW by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 4,980 | 2023 | +23.92% | +7.13% | View data |
| 2 | 2 Germany | 2,530 | 2023 | -14.4% | View data | |
| 3 | 3 Finland | 2,320 | 2023 | +2.29% | +1.37% | View data |
| 4 | 4 Spain | 977 | 2023 | +1.35% | -28.16% | View data |
| 5 | 5 Sweden | 510 | 2023 | +17.78% | +54.46% | View data |
| 6 | 6 Portugal | 496 | 2023 | +10.22% | +6.92% | View data |
| 7 | 7 Netherlands | 359 | 2023 | +5.9% | +3.38% | View data |
| 8 | 8 Belgium | 356 | 2023 | +7.55% | +3.34% | View data |
| 9 | 9 Austria | 278 | 2023 | +1.46% | +7.57% | View data |
| 10 | 10 Poland | 166 | 2023 | +3.11% | +12.05% | View data |
