Report Update: May 1, 2024

Azerbaijan - Diesel-Electric Locomotives - Market Analysis, Forecast, Size, Trends And Insights

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Diesel-Electric Locomotive Price in Azerbaijan - 2023

Diesel-Electric Locomotive Price in Azerbaijan (CIF) - 2022

The average diesel-electric locomotive import price stood at $809,829 per unit in 2022, with an increase of 29% against the previous year. In general, the import price, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 76%. As a result, import price reached the peak level of $1,175,063 per unit. From 2021 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Ireland.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +650.2% per year.

Diesel-Electric Locomotive Price in Azerbaijan (FOB) - 2022

In 2021, the average diesel-electric locomotive export price amounted to $44,593 per unit, shrinking by -25.5% against the previous year. Over the period under review, the export price saw a sharp curtailment. The export price peaked at $59,817 per unit in 2020, and then declined remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Latvia.

From 2020 to 2021, the rate of growth in terms of prices for Latvia amounted to -25.5% per year.

Diesel-Electric Locomotive Imports in Azerbaijan

In 2022, the amount of diesel-electric locomotives imported into Azerbaijan totaled 2 units, almost unchanged from the previous year's figure. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 100% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, diesel-electric locomotive imports contracted to $1.2M in 2022. In general, imports showed a noticeable setback. The pace of growth appeared the most rapid in 2021 with an increase of 6.8% against the previous year. Over the period under review, imports attained the maximum at $1.3M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Diesel-Electric Locomotive in Azerbaijan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ireland	165	N/A	N/A	289	20.5%
Lithuania	1,169	811	1,254	N/A	3.6%
Latvia	N/A	364	N/A	N/A	0%
Others	N/A	N/A	N/A	926	0%
Total	1,334	1,175	1,254	1,215	-3.1%

Top Suppliers of Diesel-Electric Locomotive to Azerbaijan in 2022:

Ireland (1.0 units)

Diesel-Electric Locomotive Exports in Azerbaijan

In 2022, overseas shipments of diesel-electric locomotives decreased by 0% to 2 units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, diesel-electric locomotive exports declined remarkably to $75K in 2022. In general, total exports indicated buoyant growth from 2020 to 2022: its value increased at an average annual rate of +11.6% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +24.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 49%. As a result, the exports reached the peak of $89K, and then dropped notably in the following year.

Export of Diesel-Electric Locomotive in Azerbaijan (Thousand USD)
COUNTRY	2020	2021	CAGR, 2020-2021
Latvia	59.8	89.2	49.2%
Others	N/A	N/A	0%
Total	59.8	89.2	49.2%

Top Export Markets for Diesel-Electric Locomotive from Azerbaijan in 2022:

Latvia (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the diesel-electric locomotive market in Azerbaijan. 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 30201200 - Diesel-electric locomotives

Country coverage:

Azerbaijan

Data coverage:

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