Europe: Ac/Dc Motor Market 2024

Ac/Dc Motor Market Size in Europe

The Europe AC/DC motor market rose modestly to $X in 2022, increasing by X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Ac/Dc Motor Production in Europe

In value terms, AC/DC motor production expanded slightly to $X in 2022 estimated in export price. Overall, production saw a noticeable slump. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Ac/Dc Motor Exports

Exports in Europe

AC/DC motor exports shrank to X units in 2022, with a decrease of X% compared with 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, AC/DC motor exports rose significantly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Italy (X units), distantly followed by Germany (X units), Poland (X units), France (X units), the Czech Republic (X units), Slovenia (X units) and Switzerland (X units) represented the main exporters of AC/DC motors, together making up X% of total exports. The following exporters - the Netherlands (X units), Slovakia (X units), Hungary (X units), Romania (X units) and Belarus (X units) - together made up X% of total exports.

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

In value terms, Germany ($X) remains the largest AC/DC motor supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by the Czech Republic, with an X% share.

In Germany, AC/DC motor exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Italy (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while Slovenia ($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 Europe

In 2022, after two years of growth, there was decline in supplies from abroad of AC/DC motors, when their volume decreased by X% to X units. The total import volume 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. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units, and then reduced modestly in the following year.

In value terms, AC/DC motor imports rose rapidly to $X in 2022. Total imports indicated a pronounced expansion 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 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

The countries with the highest levels of AC/DC motor imports in 2022 were Italy (X units), Germany (X units), Romania (X units) and Poland (X units), together amounting to X% of total import. France (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Russia (X%) and the Czech Republic (X%). The following importers - Spain (X units), Hungary (X units), the UK (X units), the Netherlands (X units), Slovenia (X units) and Austria (X units) - together made up X% of total imports.

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, Germany ($X) constitutes the largest market for imported AC/DC motors in Europe, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with an X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Germany totaled X%. In the other countries, the average annual rates were as follows: Italy (X% per year) and France (X% per year).

Import Prices by Country

The import price in Europe stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Austria ($X per unit), while Romania ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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