Eastern Europe: Ac/Dc Motor Market 2024

Ac/Dc Motor Market Size in Eastern Europe

In 2022, the East European AC/DC motor market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2021, and then fell in the following year.

Ac/Dc Motor Production in Eastern Europe

In value terms, AC/DC motor production declined slightly to $X in 2022 estimated in export price. In general, production recorded a noticeable curtailment. The growth pace was the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Ac/Dc Motor Exports

Exports in Eastern Europe

In 2022, shipments abroad of AC/DC motors increased by X% to X units, rising for the second year in a row after three years of decline. Over the period under review, exports, however, saw a perceptible descent. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, AC/DC motor exports surged to $X in 2022. Total exports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Poland (X units) and the Czech Republic (X units) represented roughly X% of total exports in 2022. It was distantly followed by Slovakia (X units), Hungary (X units), Romania (X units) and Belarus (X units), together achieving a X% share of total exports. Bulgaria (X units) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Belarus (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Poland ($X) and Hungary ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the export price saw a buoyant increase. The growth pace was the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hungary ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, 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.

Ac/Dc Motor Imports

Imports in Eastern Europe

After two years of growth, supplies from abroad of AC/DC motors decreased by X% to X units in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2012 indices. The growth pace was the most rapid in 2013 with an increase of X%. The volume of import peaked at X units in 2021, and then dropped in the following year.

In value terms, AC/DC motor imports totaled $X in 2022. Total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Romania (X units) and Poland (X units) represented the major importers of AC/DC motors in 2022, finishing at approx. X% and X% of total imports, respectively. Russia (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by the Czech Republic (X%), Hungary (X%) and Ukraine (X%). Slovakia (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest AC/DC motor importing markets in Eastern Europe were Russia ($X), Poland ($X) and the Czech Republic ($X), with a combined X% share of total imports. Hungary, Romania, Slovakia and Ukraine lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Hungary, 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

The import price in Eastern Europe stood at $X per unit in 2022, picking up by X% against the previous year. In general, the import price, however, continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2017 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :