Canada: Electric Locomotive Market Overview 2020

Electric Locomotive Market Size in Canada

The revenue of the electric locomotive market in Canada amounted to $X in 2018, increasing by X% against the previous year. Over the period under review, electric locomotive consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. In that year, the electric locomotive market attained its peak level of $X. From 2010 to 2018, the growth of the electric locomotive market remained at a somewhat lower figure.

Electric Locomotive Production in Canada

In value terms, electric locomotive production stood at $X in 2018 estimated in export prices. Overall, electric locomotive production continues to indicate mild growth. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Over the period under review, electric locomotive production reached its peak figure level at $X in 2011; however, from 2012 to 2018, production remained at a lower figure.

Electric Locomotive Exports

Exports from Canada

In 2018, the electric locomotive exports from Canada totaled X units, reducing by -X% against the previous year. Over the period under review, electric locomotive exports, however, continue to indicate outstanding growth. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. In that year, electric locomotive exports attained their peak of X units. From 2012 to 2018, the growth of electric locomotive exports remained at a somewhat lower figure.

In value terms, electric locomotive exports stood at $X in 2018. Over the period under review, electric locomotive exports, however, continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, electric locomotive exports attained their peak figure at $X in 2009; however, from 2010 to 2018, exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for electric locomotive exports from Canada, accounting for a X% share of total exports. Moreover, electric locomotive exports to the UK exceeded the volume sent to the second major destination, Peru (X units), more than tenfold.

From 2007 to 2018, the average annual rate of growth in terms of volume to the UK amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Peru (+X% per year) and the U.S. (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for electric locomotive exports from Canada, comprising X% of total electric locomotive exports. The second position in the ranking was occupied by the UK ($X), with a X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of value to the U.S. amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-X% per year) and Peru (-X% per year).

Export Prices by Country

The average electric locomotive export price stood at $X per unit in 2018, coming down by -X% against the previous year. In general, the electric locomotive export price continues to indicate a precipitous deduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% y-o-y. The export price peaked at $X per unit in 2009; however, from 2010 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the U.S. ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-X% per year), while the prices for the other major destinations experienced a decline.

Electric Locomotive Imports

Imports into Canada

In 2018, approx. X units of electric locomotives were imported into Canada; shrinking by -X% against the previous year. Over the period under review, electric locomotive imports continue to indicate an abrupt decrease. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, electric locomotive imports reached their peak figure at X units in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

In value terms, electric locomotive imports totaled $X in 2018. Over the period under review, electric locomotive imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, the UK (X units) constituted the largest supplier of electric locomotive to Canada, accounting for a X% share of total imports. Moreover, electric locomotive imports from the UK exceeded the figures recorded by the second-largest supplier, South Africa (X units), threefold.

From 2007 to 2018, the average annual growth rate of volume from the UK amounted to -X%.

In value terms, South Africa ($X) constituted the largest supplier of electric locomotive to Canada, comprising X% of total electric locomotive imports. The second position in the ranking was occupied by the UK ($X), with a X% share of total imports.

From 2007 to 2018, the average annual rate of growth in terms of value from South Africa totaled +X%.

Import Prices by Country

In 2018, the average electric locomotive import price amounted to $X per unit, going down by -X% against the previous year. Overall, the electric locomotive import price, however, continues to indicate an extraordinary expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for electric locomotives attained their maximum at $X per unit in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was South Africa ($X per unit), while the price for the UK totaled $X per unit.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK (+X% per year).

Source: IndexBox AI Platform