Multi-phase AC electric motors market in Croatia

Earlier Report Observations

Between 2018 and 2024, the Croatian market for multi-phase AC electric motors expanded in both volume and value, with market size reaching 38 421 units and USD 31.8 million by 2024. This growth was primarily fueled by the enforcement of EU energy efficiency regulations, specifically Regulation 2019/1781, which raised minimum requirements to IE3 class for motors above 0.75 kW in 2022 and mandated IE4 class for new industrial motors from July 2023. These rules accelerated retrofit programs and replacement cycles, pushing demand toward higher-efficiency, higher-value motors.

Croatia's national strategies for electromobility and electricity market reform further supported market dynamics. Policy incentives for electric vehicles and charging infrastructure development indirectly boosted demand for AC motors in transport and industrial applications. Simultaneously, major global players like ABB, WEG, and Danfoss expanded their high-efficiency motor offerings in Europe, making advanced technology more accessible to Croatian users.

The overall trend toward factory automation, renewable energy integration, and energy-efficient industrial systems in Croatia, aligned with EU-wide trends, provided a steady backdrop for market growth. Although production volumes fluctuated, import growth and regulatory-driven replacement demand kept the market on an upward trajectory throughout the period.

Production multi-phase AC electric motors in Croatia

In value, 2017-2020, K $ US

Croatia's production of multi-phase AC electric motors, measured in monetary value, declined after two years of growth. In 2019, output reached its peak at 17 073 K $ US, but by 2020 it had fallen to 15 697 K $ US, marking an 8.1% decrease from the previous year. Over the 2017-2020 period, production increased by 9.7%, with an average annual growth rate of 3.1%. The largest year-on-year increase occurred in 2019, when production rose by 17.1%.

Annual dynamics of production in Croatia in value, 2017-2020, K $ US

In kind, 2017-2020, unit

Croatia's production of multi-phase AC electric motors, measured in units, declined for the second consecutive year. In 2018, production peaked at 29 674 units, but by 2020 it had dropped to 24 649 units, representing a 9.9% decrease from 2019. Over the 2017-2020 period, production decreased by 14.1%, with an average annual decline of 5.0%. The largest year-on-year increase was recorded in 2018, when production grew by 3.4%.

Annual dynamics of production in Croatia in kind, 2017-2020, unit

Exports multi-phase AC electric motors from Croatia

Exports in kind, unit

Croatia's exports of multi-phase AC electric motors, measured in units, declined for the second year in a row. In 2018, exports reached their highest point at 41 363 units, but by 2020 they had fallen to 34 875 units, a substantial 14.2% decrease from 2019. Over the 2017-2020 period, exports decreased by 14.8%, with an average annual decline of 5.2%. The largest year-on-year increase occurred in 2018, when exports rose by 1.1%.

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

From 2017 to 2020, Germany, Bosnia and Herzegovina, and the Netherlands consistently held the top positions in Croatia's export structure for multi-phase AC electric motors in terms of units. Germany accounted for 38.5% of exports, Bosnia and Herzegovina for 24.9%, and the Netherlands for 9.9%. Together, these three countries represented 73.3% of total export flows.

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

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

Exports in value, K $ US

Croatia's exports of multi-phase AC electric motors, measured in monetary value, declined after two years of growth. In 2019, exports peaked at 16 459 K $ US, but by 2020 they had dropped to 14 313 K $ US, reflecting a strong 13.0% decrease from the previous year. Over the 2017-2020 period, exports increased by 10.2%, with an average annual growth rate of 3.3%. The largest year-on-year increase was recorded in 2018, when exports rose by 16.6%.

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

From 2017 to 2020, Croatia's exports of multi-phase AC electric motors in value terms were distributed across many different markets. Even the largest destinations—Germany, Denmark, and Bosnia and Herzegovina—collectively accounted for only 45.1% of total export value.

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

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

Imports multi-phase AC electric motors to Croatia

Imports in kind, unit

Croatia's imports of multi-phase AC electric motors, measured in units, increased for the third consecutive year. In 2020, imports reached 40 932 units, up by 7.2% from 2019. Over the 2017-2020 period, imports grew by 46.4%, with an average annual increase of 13.6%.

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

From 2017 to 2020, Italy, Austria, and Turkey were the main sources for Croatia's imports of multi-phase AC electric motors in terms of units. Italy accounted for 52.5% of imports, Austria for 15.4%, and Turkey for 9.3%. Together, these three countries represented 77.2% of total import flows.

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

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

Imports in value, K $ US

Croatia's imports of multi-phase AC electric motors, measured in monetary value, declined after two years of growth. In 2019, imports peaked at 15 204 K $ US, but by 2020 they had fallen to 14 115 K $ US, a modest 7.2% decrease year-on-year. Over the 2017-2020 period, imports increased by 22%, with an average annual growth rate of 6.9%. The largest year-on-year increase occurred in 2018, when imports rose by 27.2%.

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

From 2017 to 2020, Austria, Germany, and Italy remained the primary sources for Croatia's imports of multi-phase AC electric motors in value terms. Austria accounted for 31.7% of imports, Germany for 19.5%, and Italy for 17.2%. Collectively, these three countries represented 68.4% of total import flows.

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

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