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World - Electric Rail Locomotives - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlobal Electric Rail Locomotive Market 2024
Electric Rail Locomotive Market Size
The global electric rail locomotive market reduced rapidly to $X in 2023, with a decrease of X% against the previous year. Overall, consumption, however, enjoyed significant growth. As a result, consumption attained the peak level of $X. From 2021 to 2023, the growth of the global market remained at a somewhat lower figure.
Electric Rail Locomotive Production
In value terms, electric rail locomotive production totaled $X in 2023 estimated in export price. Over the period under review, production saw a noticeable descent. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Global production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.
Electric Rail Locomotive Exports
Exports
In 2023, shipments abroad of electric rail locomotives decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, total exports indicated a mild expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the global exports attained the maximum at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.
In value terms, electric rail locomotive exports reduced slightly to $X in 2023. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2023, the growth of the global exports failed to regain momentum.
Exports by Country
In 2023, Germany (X tons) and China (X tons) were the major exporters of electric rail locomotivesaround the world, together reaching near X% of total exports. France (X tons) took the next position in the ranking, followed by Austria (X tons), South Korea (X tons), Kazakhstan (X tons) and the UK (X tons). All these countries together held near X% share of total exports. The following exporters - Japan (X tons), Spain (X tons), Russia (X tons), Poland (X tons), Romania (X tons) and the Czech Republic (X tons) - together made up X% of total exports.
From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Spain (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.
In value terms, Germany ($X) remains the largest electric rail locomotive supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Spain ($X), with a X% share of global exports. It was followed by France, with an X% share.
From 2012 to 2023, the average annual growth rate of value in Germany was relatively modest. In the other countries, the average annual rates were as follows: Spain (X% per year) and France (X% per year).
Export Prices by Country
In 2023, the average electric rail locomotive export price amounted to $X per ton, approximately equating the previous year. Over the period under review, the export price continues to indicate a pronounced slump. The growth pace was the most rapid in 2018 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2023, the average export prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Spain ($X per ton), while Austria ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other global leaders experienced more modest paces of growth.
Electric Rail Locomotive Imports
Imports
In 2023, approx. X tons of electric rail locomotives were imported worldwide; growing by X% compared with 2022 figures. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, global imports attained the peak figure at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.
In value terms, electric rail locomotive imports skyrocketed to $X in 2023. Over the period under review, imports posted a temperate expansion. The growth pace was the most rapid in 2021 with an increase of X%. Global imports peaked in 2023 and are likely to see steady growth in years to come.
Imports by Country
Belgium was the largest importing country with an import of around X tons, which resulted at X% of total imports. It was distantly followed by Estonia (X tons), Sweden (X tons), Spain (X tons) and Uzbekistan (X tons), together mixing up a X% share of total imports. The following importers - Bulgaria (X tons), Azerbaijan (X tons), Israel (X tons), Indonesia (X tons), Bangladesh (X tons), the Czech Republic (X tons), Poland (X tons) and Hong Kong SAR (X tons) - together made up X% of total imports.
Imports into Belgium decreased at an average annual rate of X% from 2012 to 2023. At the same time, Israel (X%), Estonia (X%), Hong Kong SAR (X%), Spain (X%), Bangladesh (X%), the Czech Republic (X%), Bulgaria (X%), Azerbaijan (X%), Sweden (X%), Indonesia (X%) and Uzbekistan (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. By contrast, Poland (X%) illustrated a downward trend over the same period. While the share of Estonia (X p.p.), Spain (X p.p.), Sweden (X p.p.), Israel (X p.p.), Bulgaria (X p.p.), Hong Kong SAR (X p.p.), Azerbaijan (X p.p.), Bangladesh (X p.p.) and the Czech Republic (X p.p.) increased significantly in terms of the global imports from 2012-2023, the share of Belgium (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest electric rail locomotive importing markets worldwide were Sweden ($X), Belgium ($X) and Spain ($X), with a combined X% share of global imports. Poland, Israel, Azerbaijan, Uzbekistan, the Czech Republic, Bangladesh, Hong Kong SAR, Bulgaria, Indonesia and Estonia lagged somewhat behind, together accounting for a further X%.
Israel, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average electric rail locomotive import price amounted to $X per ton, rising by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. Global import price peaked at $X per ton in 2018; however, from 2019 to 2023, import prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sweden ($X per ton), while Estonia ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other global leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the global electric rail locomotive market. 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
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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