EU: Diesel-Electric Locomotive Market 2024

Diesel-Electric Locomotive Market Size in the EU

In 2022, the EU diesel-electric locomotive market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption saw a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Diesel-Electric Locomotive Production in the EU

In value terms, diesel-electric locomotive production shrank to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Diesel-Electric Locomotive Exports

Exports in the EU

In 2022, exports of diesel-electric locomotives in the European Union expanded modestly to X units, picking up by X% compared with the previous year's figure. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, diesel-electric locomotive exports declined dramatically to $X in 2022. Overall, exports, however, showed a perceptible decrease. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then shrank notably in the following year.

Exports by Country

The shipments of the nine major exporters of diesel-electric locomotives, namely Denmark, Germany, France, Spain, the Czech Republic, Estonia, Croatia, Romania and Slovakia, represented more than two-thirds of total export. Lithuania (X units) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Denmark (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Spain ($X) and France ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. The Czech Republic, Denmark, Estonia, Slovakia, Romania, Croatia and Lithuania lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Denmark, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X,743 per unit in 2022, shrinking by X% against the previous year. In general, the export price showed a pronounced setback. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. The level of export peaked at $X,284 per unit in 2021, and then declined significantly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X,345 per unit), while Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the other leaders experienced more modest paces of growth.

Diesel-Electric Locomotive Imports

Imports in the EU

In 2022, supplies from abroad of diesel-electric locomotives was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, diesel-electric locomotive imports declined dramatically to $X in 2022. Over the period under review, imports showed mild growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, France (X units), Belgium (X units), Bulgaria (X units), Germany (X units), Italy (X units), Sweden (X units), Romania (X units) and Latvia (X units) was the key importer of diesel-electric locomotives in the European Union, committing X% of total import. The following importers - Austria (X units), the Czech Republic (X units), Slovakia (X units), Finland (X units) and Spain (X units) - each amounted to a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), Germany ($X) and France ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X,002 per unit, waning by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. As a result, import price reached the peak level of $X,862 per unit. From 2021 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Finland ($X,424 per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform