DC electric motors and generators market in Germany

Earlier Report Observations

From 2018 to 2023, the German market for DC electric motors and generators experienced a significant shift, with production volume in physical terms declining from 80.5 million units to 28.9 million units. Conversely, the market's value demonstrated strong growth, rising from $780 million US dollars in 2019 to $1 406 million in 2023, indicating a move toward higher-value products and increased average unit prices.

A key period was 2022, when rising costs for raw materials like steel, copper, and rare earth elements directly increased manufacturing expenses. This was accompanied by growing demand for premium, energy-efficient motors, such as those meeting IE4 and IE5 standards, and strengthened demand from the automotive sector for electric vehicle applications. These factors supported higher product valuations, leading the market value to reach $1 343 million even as the physical market volume contracted to 47.7 million units.

The market's value continued its upward trajectory into 2023, reaching $1 406 million, while the physical volume saw a slight increase to 49.8 million units from the previous year. Import and export values also followed the broader trend of higher monetary flows amid lower unit trade volumes.

Production DC motors and generators in Germany

In value, 2017-2020, M $ US

In 2020, Germany's output of DC electric motors and generators was valued at 1 139 million US dollars, marking a 5.0% decrease compared to the previous year.

Annual dynamics of production in Germany in value, 2017-2020, M $ US

In kind, 2017-2020, K unit

Production of DC electric motors and generators in Germany declined for the second consecutive year. In 2020, Germany produced 30 677 thousand units, representing an 11.2% loss from 2019. Over the 2019-2020 period, production fell by 57.9%, with a compound annual growth rate of -25.0%. The largest decline occurred in 2019, at 57.1%, while the largest increase was recorded in 2018, at 10.5%. Production peaked in 2018 with 80 462 thousand units.

Annual dynamics of production in Germany in kind, 2017-2020, K unit

Exports DC motors and generators from Germany

Exports in kind, K unit

Exports of DC electric motors and generators from Germany declined for the second consecutive year. In 2020, Germany exported 66 812 thousand units, showing a 10.9% year-over-year loss. Between 2017 and 2020, exports decreased by 8.4%, equating to an annualized rate of -2.9%. The largest increase was recorded in 2018, at 12.3%, with exports peaking that year at 81 852 thousand units.

Annual dynamics of product's exports from Germany in kind, 2017-2020, K unit

From 2017 to 2020, the structure of exports in kind was diversified. Czechia accounted for 12.7% of exports, France for 10.7%, and Hungary for 9.0%. Together, these three countries represented just 32.4% of total flows, with no single country holding a clearly dominant position.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Germany in kind, 2017-2020

Exports in value, M $ US

Exports of DC electric motors and generators from Germany declined for the second consecutive year. In 2020, exports totaled 1 945 million US dollars, indicating a slight decrease of 2.3% from the previous year. Over the 2017-2020 period, exports increased by 5.3%, with a compound annual growth rate of 1.7%. The largest decline occurred in 2019, at 3.9%, while the largest increase was in 2018, at 12.2%. Exports reached their maximum in 2018 at 2 072 million US dollars.

Annual dynamics of product's exports from Germany in value, 2017-2020, M $ US

An analysis of exports in value terms from 2017 to 2020 shows a broad distribution across many markets. China accounted for 12.1% of exports, the United States for 10.3%, and France for 8.6%. Together, these three countries represented only 31.0% of total flows, with the remaining 69.0% distributed among other partners.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Germany in value, 2017-2020

Imports DC motors and generators to Germany

Imports in kind, K unit

Germany's imports of DC electric motors and generators declined for the third consecutive year. In 2020, imports registered 85 071 thousand units, representing a 0.9% decrease year-over-year. Between 2017 and 2020, imports decreased by 13.8%, equating to an annualized rate of -4.8%.

Annual dynamics of product's imports to Germany in kind, 2017-2020, K unit

From 2017 to 2020, China, the Netherlands, and Hungary stood out as the main sources for imports in kind. China accounted for 42.0% of imports, the Netherlands for 11.4%, and Hungary for 7.0%. Together, these three countries represented 60.4% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Germany in kind, 2017-2020

Imports in value, M $ US

In 2020, Germany's imports of DC electric motors and generators were valued at 1 713 million US dollars, reflecting a measured increase of 8.9% compared to 2019. Between 2017 and 2020, imports increased by 6.4%, equating to an annualized rate of 2.1%. The largest decline occurred in 2019, at 9.0%, with imports hitting their lowest point that year at 1 572 million US dollars. Imports peaked in 2018 at 1 727 million US dollars.

Annual dynamics of product's imports to Germany in value, 2017-2020, M $ US

Throughout 2017 to 2020, Hungary, China, and Switzerland remained key partners for imports in value terms. Hungary accounted for 24.0% of imports, China for 22.1%, and Switzerland for 9.7%. Together, these three countries represented 55.7% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Germany in value, 2017-2020