Germany - Electric Locomotives - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Germany - Electric Locomotives - Market Analysis, Forecast, Size, Trends and Insights

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Electric Locomotive Price in Germany - 2023

Contents:

  1. Electric Locomotive Price in Germany (FOB) - 2023
  2. Electric Locomotive Price in Germany (CIF) - 2022
  3. Electric Locomotive Exports in Germany
  4. Electric Locomotive Imports in Germany

Electric Locomotive Price in Germany (FOB) - 2023

In August 2023, the average electric locomotive export price amounted to $6.3M per unit, growing by 11% against the previous month. In general, export price indicated modest growth from August 2022 to August 2023: its price increased at an average monthly rate of +1.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, electric locomotive export price increased by +11.3% against July 2023 indices. The pace of growth was the most pronounced in October 2022 when the average export price increased by 57% against the previous month. Over the period under review, the average export prices hit record highs at $6.4M per unit in April 2023; however, from May 2023 to August 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Finland ($8.0M per unit), while the average price for exports to India ($1.2M per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Locomotive Price in Germany (CIF) - 2022

In 2022, the average electric locomotive import price amounted to $2,036,777 per unit, with a decrease of -9.2% against the previous year. In general, the import price, however, continues to indicate a significant increase. The pace of growth appeared the most rapid in 2015 an increase of 669% against the previous year. Over the period under review, average import prices reached the peak figure at $2,929,669 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($4,096,944 per unit), while the price for China ($79,198 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+35.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Electric Locomotive Exports in Germany

In 2022, overseas shipments of electric locomotives decreased by -19.8% to 162 units, falling for the second consecutive year after two years of growth. Overall, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 19% against the previous year. As a result, the exports reached the peak of 237 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, electric locomotive exports reduced to $436M in 2022. In general, exports showed a pronounced setback. The growth pace was the most rapid in 2020 with an increase of 4.2%. As a result, the exports attained the peak of $514M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Electric Locomotive in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic0.145.765.8125977.2%
Austria17121498.4107-14.5%
Slovakia40.625.0N/A40.5-0.1%
Poland13.012.847.533.937.6%
Finland39.732.632.529.8-9.1%
DenmarkN/A15.080.827.535.4%
Switzerland23.183.871.219.0-6.3%
Bulgaria5.623.345.716.743.9%
France49.69.515.912.0-37.7%
Sweden2.1N/AN/A9.967.7%
HungaryN/AN/A3.93.6-7.7%
CanadaN/AN/AN/A1.20%
NorwayN/AN/A0.80.7-12.5%
Others14952.540.39.8-59.6%
Total494514503436-4.1%

Top Export Markets for Electric Locomotive from Germany in 2022:

  1. Austria (38.0 units)
  2. Czech Republic (37.0 units)
  3. Denmark (10.0 units)
  4. Slovakia (10.0 units)
  5. Poland (9.0 units)
  6. Finland (8.0 units)
  7. Switzerland (8.0 units)
  8. Canada (6.0 units)
  9. Sweden (6.0 units)
  10. France (6.0 units)
  11. Bulgaria (6.0 units)
  12. Hungary (4.0 units)
  13. Norway (3.0 units)

Electric Locomotive Imports in Germany

Electric locomotive imports into Germany soared to 52 units in 2022, growing by 86% on 2021 figures. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 300%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, electric locomotive imports surged to $106M in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 276%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Electric Locomotive in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland0.513.518.748.3358.8%
SlovakiaN/AN/AN/A36.90%
ItalyN/AN/AN/A10.90%
Austria13.1N/AN/A7.2-18.1%
FranceN/AN/A5.42.0-63.0%
ChinaN/A3.520.80.1-83.1%
NorwayN/AN/AN/A0.10%
Czech RepublicN/AN/A18.7N/A0%
Qatar1.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total15.316.963.710690.6%

Top Suppliers of Electric Locomotive to Germany in 2022:

  1. Switzerland (30.0 units)
  2. Slovakia (9.0 units)
  3. Italy (7.0 units)
  4. Austria (2.0 units)
  5. France (1.0 units)
  6. China (1.0 units)
  7. Norway (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electric locomotive market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 30201100 - Rail locomotives powered from an external source of electricity
  • Prodcom 30201300 - Other rail locomotives, locomotive tenders

Country coverage:

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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