Report Update: Apr 1, 2024

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

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Electric Locomotive Price in Japan - 2023

Electric Locomotive Price in Japan (FOB) - 2022

The average electric locomotive export price stood at $68,821 per unit in 2022, with a decrease of -97.8% against the previous year. Over the period under review, the export price, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2021 an increase of 30,526%. As a result, the export price reached the peak level of $3,153,408 per unit, and then reduced notably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($6,822 per unit), while the average price for exports to South Africa ($17 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 South Africa (+30.1%), while the prices for the other major destinations experienced a decline.

Electric Locomotive Price in Japan (CIF) - 2022

The average electric locomotive import price stood at $23,025 per unit in 2022, approximately equating the previous year. Over the period under review, the import price recorded a pronounced slump. The most prominent rate of growth was recorded in 2019 an increase of 4.6%. Over the period under review, average import prices hit record highs at $30,621 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($565,959 per unit), while the price for Australia ($50 per unit) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+736.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Electric Locomotive Exports in Japan

In 2022, the amount of electric locomotives exported from Japan soared to 590 units, picking up by 5,264% against 2021. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, electric locomotive exports skyrocketed to $41M in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 42,011% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Electric Locomotive in Japan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Taiwan (Chinese)	0.9	0.6	154	105	388.6%
Malaysia	0.4	0.5	72.1	49.1	397.0%
United Kingdom	N/A	N/A	7.2	10.1	40.3%
Others	33.5	81.2	34,455	40,440	964.8%
Total	34.8	82.4	34,687	40,604	952.8%

Top Export Markets for Electric Locomotive from Japan in 2022:

Malaysia (529.0 units)
United Kingdom (36.0 units)
Taiwan (Chinese) (15.0 units)

Electric Locomotive Imports in Japan

In 2022, imports of electric locomotives into Japan amounted to 2 units, remaining stable against the previous year. Overall, imports faced a dramatic curtailment. The smallest decline of 99.9% was in 2021. Imports peaked at 4 units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, electric locomotive imports totaled $46K in 2022. Over the period under review, imports saw a sharp contraction. The smallest decline of -11.4% was in 2020. Imports peaked at $104K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Electric Locomotive in Japan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	58.0	72.4	N/A	30.0	-19.7%
United Kingdom	0.4	0.4	N/A	7.9	170.3%
Taiwan (Chinese)	2.3	2.9	N/A	1.3	-17.3%
Malaysia	0.6	N/A	N/A	N/A	0%
Italy	26.4	N/A	N/A	N/A	0%
Australia	N/A	N/A	N/A	N/A	0%
Others	16.3	16.4	N/A	6.9	-24.9%
Total	104	92.1	N/A	46.0	-23.8%

Top Suppliers of Electric Locomotive to Japan in 2022:

United Kingdom (1.0 units)
Australia (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electric locomotive market in Japan. 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:

Japan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Japan
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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