Belgium: Dc Motor Market 2025

Dc Motor Market Size in Belgium

In 2022, the Belgian DC motor market decreased by X% to $X, falling for the third consecutive year after two years of growth. Overall, consumption, however, recorded a relatively flat trend pattern. Consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Dc Motor Exports

Exports from Belgium

In 2022, shipments abroad of DC motors decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, DC motor exports reduced to $X in 2022. In general, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then declined in the following year.

Exports by Country

France (X units), Germany (X units) and the Netherlands (X units) were the main destinations of DC motor exports from Belgium, together accounting for X% of total exports. Brazil, the UK, Italy, Austria, Spain, Sweden, Malaysia, the United States, Slovenia and the Czech Republic lagged somewhat behind, together accounting for a further X%.

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

In value terms, France ($X), Germany ($X) and the UK ($X) constituted the largest markets for DC motor exported from Belgium worldwide, together accounting for X% of total exports. The Netherlands, the United States, Spain, Italy, Sweden, Brazil, Austria, the Czech Republic, Malaysia and Slovenia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Malaysia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average DC motor export price amounted to $X per unit, which is down by X% against the previous year. In general, the export price, however, enjoyed buoyant growth. The growth pace was the most rapid in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dc Motor Imports

Imports into Belgium

In 2022, approx. X units of DC motors were imported into Belgium; reducing by X% compared with the year before. Over the period under review, imports recorded a noticeable curtailment. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, DC motor imports reduced to $X in 2022. Overall, total imports indicated notable growth 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 2015 indices. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then reduced in the following year.

Imports by Country

China (X units), Germany (X units) and France (X units) were the main suppliers of DC motor imports to Belgium, with a combined X% share of total imports. The Czech Republic, the Netherlands, Slovakia, Denmark, Hungary, Spain, Italy, Sweden and Switzerland lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest DC motor suppliers to Belgium were Germany ($X), China ($X) and Slovakia ($X), with a combined X% share of total imports.

Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average DC motor import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price posted a strong increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for France ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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