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

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

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Electric Rail Locomotive Price in the UK - 2023

Contents:

  1. Electric Rail Locomotive Price in the UK (CIF) - 2022
  2. Electric Rail Locomotive Price in the UK (FOB) - 2022
  3. Electric Rail Locomotive Imports in the UK
  4. Electric Rail Locomotive Exports in the UK

Electric Rail Locomotive Price in the UK (CIF) - 2022

The average electric rail locomotive import price stood at $667 per unit in 2022, surging by 11% against the previous year. Overall, the import price, however, recorded a abrupt downturn. The growth pace was the most rapid in 2019 an increase of 1,895% against the previous year. The import price peaked at $14,132 per unit in 2015; however, from 2016 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 Singapore ($1,517 per unit), while the price for Taiwan (Chinese) ($37 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+31,833.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Electric Rail Locomotive Price in the UK (FOB) - 2022

In 2022, the average electric rail locomotive export price amounted to $7,343 per unit, dropping by -2% against the previous year. In general, the export price, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2018 an increase of 1,728% against the previous year. As a result, the export price reached the peak level of $18,285 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($45,024 per unit), while the average price for exports to Ireland ($989 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 the Netherlands (+193.7%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Rail Locomotive Imports in the UK

In 2022, approx. 474 units of electric rail locomotives were imported into the UK; reducing by -98.1% compared with the year before. In general, imports recorded a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 1,700% against the previous year. As a result, imports reached the peak of 25K units, and then contracted rapidly in the following year.

In value terms, electric rail locomotive imports declined sharply to $316K in 2022. Over the period under review, imports recorded a precipitous setback. The growth pace was the most rapid in 2021 when imports increased by 1,799%. As a result, imports reached the peak of $15M, and then shrank notably in the following year.

Import of Electric Rail Locomotive in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A40.90%
China6.411.439.439.883.9%
United States2.011.2N/A26.5136.6%
NorwayN/AN/AN/A17.00%
JapanN/AN/AN/A15.20%
South AfricaN/AN/AN/A7.30%
IrelandN/AN/AN/A5.20%
Taiwan (Chinese)N/AN/AN/A4.10%
Spain3,77576114,8612.5-91.3%
SingaporeN/AN/A4.91.7-65.3%
ThailandN/AN/A2.7N/A0%
IndonesiaN/AN/A14.4N/A0%
OthersN/A2.4N/A156706.2%
Total3,78478614,922316-56.3%

Top Suppliers of Electric Rail Locomotive to the UK in 2022:

  1. Taiwan (Chinese) (110.0 units)
  2. China (56.0 units)
  3. Netherlands (55.0 units)
  4. South Africa (55.0 units)
  5. Ireland (44.0 units)
  6. Norway (24.0 units)
  7. United States (22.0 units)
  8. Japan (22.0 units)
  9. Spain (4.0 units)
  10. Singapore (1.0 units)

Electric Rail Locomotive Exports in the UK

In 2022, the amount of electric rail locomotives exported from the UK shrank notably to 270 units, falling by -79.9% on the previous year. In general, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 1,097%. As a result, the exports reached the peak of 1.3K units, and then reduced notably in the following year.

In value terms, electric rail locomotive exports declined rapidly to $2M in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 12,561% against the previous year. As a result, the exports reached the peak of $10M, and then contracted remarkably in the following year.

Export of Electric Rail Locomotive in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A54.7406642.2%
United States76.623.059.321440.8%
SpainN/AN/A2,343172-92.7%
NetherlandsN/AN/A56.5152169.0%
Hong Kong SAR17.4N/A15.611587.7%
Czech RepublicN/AN/A13.867.5389.1%
IrelandN/AN/A27.237.638.2%
EthiopiaN/AN/AN/A27.00%
Malaysia53.0N/AN/AN/A0%
MaltaN/AN/A28.8N/A0%
Brunei Darussalam360N/AN/AN/A0%
India74.3N/AN/AN/A0%
Saudi Arabia4.8N/AN/AN/A0%
Others11456.47,44979290.8%
Total70079.410,0481,98341.5%

Top Export Markets for Electric Rail Locomotive from the UK in 2022:

  1. Germany (70.0 units)
  2. Netherlands (54.0 units)
  3. Ireland (38.0 units)
  4. Ethiopia (24.0 units)
  5. Hong Kong SAR (23.0 units)
  6. Czech Republic (20.0 units)
  7. Spain (10.0 units)
  8. United States (5.0 units)

Source: IndexBox Market Intelligence Platform

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

  • United Kingdom

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the UK
  • 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 - United Kingdom