Norway - Electric Rail Locomotives - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Norway - Electric Rail Locomotives - Market Analysis, Forecast, Size, Trends And Insights

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Electric Rail Locomotive Price in Norway - 2023

Contents:

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

Electric Rail Locomotive Price in Norway (CIF) - 2023

The average electric rail locomotive import price stood at $4.4M per unit in May 2023, remaining relatively unchanged against the previous month. In general, the import price recorded a resilient expansion. The import price peaked in May 2023.

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

From January 2023 to May 2023, the rate of growth in terms of prices for Sweden amounted to +10.4% per month.

Electric Rail Locomotive Price in Norway (FOB) - 2023

In May 2023, the average electric rail locomotive export price amounted to $2.9M per unit, flattening at the previous month. Over the period under review, the export price saw a slight decline. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 88% against the previous month. The export price peaked at $3.0M per unit in January 2023; however, from February 2023 to May 2023, the export prices stood at a somewhat lower figure.

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

From January 2023 to May 2023, the rate of growth in terms of prices for Sweden amounted to -1.1% per month.

Electric Rail Locomotive Imports in Norway

In 2022, supplies from abroad of electric rail locomotives was finally on the rise to reach 1.6K units after two years of decline. Over the period under review, imports, however, showed a dramatic decline. Imports peaked at 4.4K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, electric rail locomotive imports skyrocketed to $12M in 2022. Overall, imports, however, continue to indicate a dramatic decline. Over the period under review, imports hit record highs at $35M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Electric Rail Locomotive in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden16.59.60.19.6-16.5%
Germany2.32.10.42.41.4%
United KingdomN/AN/AN/AN/A0%
DenmarkN/AN/AN/AN/A0%
NetherlandsN/AN/AN/AN/A0%
Others16.49.72.2N/A-63.4%
Total35.121.42.612.0-30.1%

Top Suppliers of Electric Rail Locomotive to Norway in 2022:

  1. Sweden (676.0 units)
  2. United Kingdom (270.0 units)
  3. Denmark (270.0 units)
  4. Germany (135.0 units)

Electric Rail Locomotive Exports in Norway

In 2022, exports of electric rail locomotives from Norway dropped dramatically to 123 units, waning by -42% on the previous year's figure. Over the period under review, exports, however, saw a measured increase. The most prominent rate of growth was recorded in 2021 when exports increased by 524%. As a result, the exports attained the peak of 212 units, and then shrank rapidly in the following year.

In value terms, electric rail locomotive exports contracted remarkably to $5.1M in 2022. Overall, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 518% against the previous year. As a result, the exports attained the peak of $8.8M, and then declined significantly in the following year.

Export of Electric Rail Locomotive in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden0.20.24.42.5132.1%
DenmarkN/AN/AN/AN/A0%
Others1.91.34.42.611.0%
Total2.11.48.85.134.4%

Top Export Markets for Electric Rail Locomotive from Norway in 2022:

  1. Denmark (31.0 units)
  2. Sweden (31.0 units)

Source: IndexBox Market Intelligence Platform

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

  • Norway

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Norway
  • 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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Free Data: Electric Rail Locomotives - Norway