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Ireland - Electric Locomotives - Market Analysis, Forecast, Size, Trends and Insights
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Ireland: Electric Locomotive Market Overview 2021

Electric Locomotive Market Size in Ireland

The Irish electric locomotive market totaled $X in 2020, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the market value increased by X% y-o-y. Electric locomotive consumption peaked at $X in 2009; however, from 2010 to 2020, consumption remained at a lower figure.

Electric Locomotive Exports

Exports from Ireland

In 2020, overseas shipments of electric locomotives decreased by -X% to X units, falling for the third year in a row after four years of growth. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at X units in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

In value terms, electric locomotive exports declined significantly to $X in 2020. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Exports peaked at $X in 2017; however, from 2018 to 2020, exports remained at a lower figure.

Exports by Country

The UK (X units) and Germany (X units) were the main destinations of electric locomotive exports from Ireland. Moreover, electric locomotive exports in the UK exceeded the figures recorded by the second-largest exporter, Germany, twofold.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany.

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

From 2007 to 2020, the average annual growth rate of value to the UK stood at +X%.

Export Prices by Country

The average electric locomotive export price stood at $X per unit in 2020, which is down by -X% against the previous year. In general, the export price recorded a perceptible descent. The growth pace was the most rapid in 2014 an increase of X% y-o-y. The export price peaked at $X per unit in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per unit), while the average price for exports to Germany stood at $X per unit.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+X% per year).

Electric Locomotive Imports

Imports into Ireland

In 2020, supplies from abroad of electric locomotives decreased by -X% to X units, falling for the second consecutive year after seven years of growth. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at X units in 2009; however, from 2010 to 2020, imports stood at a somewhat lower figure.

In value terms, electric locomotive imports reduced modestly to $X in 2020. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at $X in 2009; however, from 2010 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the UK (X units) was the main supplier of electric locomotive to Ireland, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from the UK was relatively modest.

In value terms, the UK ($X) constituted the largest supplier of electric locomotive to Ireland.

From 2007 to 2020, the average annual rate of growth in terms of value from the UK stood at +X%.

Import Prices by Country

The average electric locomotive import price stood at $X per unit in 2020, therefore, remained relatively stable against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% y-o-y. The import price peaked at $X per unit in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for the UK amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric locomotives in the world?
+
The country with the largest volume of electric locomotive consumption was Nigeria (115K units), comprising approx. 33% of total volume. Moreover, electric locomotive consumption in Nigeria exceeded the figures recorded by the second-largest consumer, China (43K units), threefold. India (18K units) ranked third in terms of total consumption with a 5.3% share.
What are the largest producers of electric locomotives in the world?
+
The country with the largest volume of electric locomotive production was China (44K units), comprising approx. 20% of total volume. Moreover, electric locomotive production in China exceeded the figures recorded by the second-largest producer, India (18K units), twofold. The U.S. (17K units) ranked third in terms of total production with a 7.9% share.
What are the leading suppliers of electric locomotives to Ireland?
+
In value terms, the UK ($127K) constituted the largest supplier of electric locomotive to Ireland.
What are the leading importers of electric locomotives from Ireland?
+
In value terms, the UK ($5.5K) remains the key foreign market for electric locomotive exports from Ireland, comprising 83% of total exports. The second position in the ranking was occupied by Germany ($1.1K), with a 17% share of total exports.
What is the average export price for electric locomotives in Ireland?
+
In 2020, the average electric locomotive export price amounted to $17,390 per unit, shrinking by -4.1% against the previous year.
What is the average import price for electric locomotives in Ireland?
+
In 2020, the average electric locomotive import price amounted to $22,457 per unit, remaining stable against the previous year.

Product coverage:
• Prodcom 30201100 - Rail locomotives powered from an external source of electricity
• Prodcom 30201300 - Other rail locomotives, locomotive tenders

This report provides an in-depth analysis of the electric locomotive market in Ireland. 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 2025.


Country coverage:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Ireland
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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