In 2024, Italy is forecasted to import universal AC/DC motors with outputs less than 37.5 Watts, valued at 2.2504 million euros, following the previous year’s data in 2023. A consistent decline is observed from 2024 to 2028, with a year-on-year decrease in value: -7% in 2025, -7.4% in 2026, -7.8% in 2027, and a further -8.3% in 2028, marking a steady downtrend. Over the five-year forecast period, the compound annual growth rate (CAGR) shows an average annual decline of approximately 7.53%.
Future trends to watch for:
- Technological advancements affecting production efficiency of universal motors.
- Exchange rate fluctuations impacting import values.
- Regulatory changes within the EU related to electrical devices.