Eastern Europe: Dc Motor Market 2024

Dc Motor Market Size in Eastern Europe

The East European DC motor market shrank modestly to $X in 2023, falling by X% against the previous year. The total consumption indicated a tangible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Dc Motor Production in Eastern Europe

In value terms, DC motor production expanded rapidly to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a pronounced slump. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2023, production growth remained at a somewhat lower figure.

Dc Motor Exports

Exports in Eastern Europe

In 2023, approx. X units of DC motors were exported in Eastern Europe; increasing by X% compared with the previous year. In general, exports posted prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, DC motor exports skyrocketed to $X in 2023. Over the period under review, exports saw prominent growth. The growth pace was the most rapid in 2017 with an increase of X%. The level of export peaked in 2023 and is likely to continue growth in the immediate term.

Exports by Country

Poland was the major exporter of DC motors in Eastern Europe, with the volume of exports resulting at X units, which was near X% of total exports in 2023. Hungary (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by the Czech Republic (X%), Slovakia (X%) and Romania (X%).

Poland was also the fastest-growing in terms of the DC motors exports, with a CAGR of X% from 2012 to 2023. At the same time, Slovakia (X%), Romania (X%), Hungary (X%) and the Czech Republic (X%) displayed positive paces of growth. While the share of Poland (X p.p.) and Slovakia (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Hungary (X p.p.) and the Czech Republic (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hungary ($X) remains the largest DC motor supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Poland ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

In Hungary, DC motor exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Poland (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2023, shrinking by X% against the previous year. Export price indicated a modest expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, DC motor export price decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Hungary ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced more modest paces of growth.

Dc Motor Imports

Imports in Eastern Europe

In 2023, approx. X units of DC motors were imported in Eastern Europe; surging by X% on 2022 figures. Total imports indicated strong growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports reached the maximum in 2023 and are likely to see steady growth in the immediate term.

In value terms, DC motor imports expanded significantly to $X in 2023. In general, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2023 and are likely to see gradual growth in the near future.

Imports by Country

The Czech Republic was the key importer of DC motors in Eastern Europe, with the volume of imports resulting at X units, which was approx. X% of total imports in 2023. Poland (X units) took the second position in the ranking, followed by Hungary (X units), Slovakia (X units) and Romania (X units). All these countries together took near X% share of total imports. Russia (X units) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to DC motor imports into the Czech Republic stood at X%. At the same time, Poland (X%), Slovakia (X%), Hungary (X%), Russia (X%) and Romania (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. While the share of Poland (X p.p.) and Slovakia (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Hungary (X p.p.), the Czech Republic (X p.p.) and Romania (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest DC motor importing markets in Eastern Europe were the Czech Republic ($X), Slovakia ($X) and Poland ($X), with a combined X% share of total imports.

In terms of the main importing countries, Slovakia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per unit, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2022 to 2023, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Slovakia ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform