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Norway - Electric Locomotives - Market Analysis, Forecast, Size, Trends and Insights
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Norway: Electric Locomotive Market Overview 2020

Electric Locomotive Market Size in Norway

The revenue of the electric locomotive market in Norway amounted to $X in 2018, stabilizing at the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern remained consistent, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, the electric locomotive market attained its maximum level at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Electric Locomotive Production in Norway

In value terms, electric locomotive production stood at $X in 2018 estimated in export prices. Overall, the total output indicated moderate growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Over the period under review, electric locomotive production reached its maximum level at $X in 2015; however, from 2016 to 2018, production failed to regain its momentum.

Electric Locomotive Exports

Exports from Norway

In 2018, the electric locomotive exports from Norway stood at X units, increasing by X% against the previous year. In general, electric locomotive exports continue to indicate remarkable growth. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Over the period under review, electric locomotive exports reached their maximum at X units in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

In value terms, electric locomotive exports stood at $X in 2018. Overall, electric locomotive exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2018 when exports increased by X% y-o-y. Over the period under review, electric locomotive exports attained their peak figure at $X in 2015; however, from 2016 to 2018, exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for electric locomotive exports from Norway, with a approx. X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to Germany totaled +X%.

In value terms, Germany ($X) also remains the key foreign market for electric locomotive exports from Norway.

From 2007 to 2018, the average annual rate of growth in terms of value to Germany was relatively modest.

Export Prices by Country

The average electric locomotive export price stood at $X per unit in 2018, growing by X% against the previous year. Over the period under review, the electric locomotive export price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. In that year, the average export prices for electric locomotives reached their peak level and is likely to continue its growth in the immediate term.

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

From 2007 to 2018, the rate of growth in terms of prices for Germany amounted to -X% per year.

Electric Locomotive Imports

Imports into Norway

In 2018, approx. X units of electric locomotives were imported into Norway; declining by -X% against the previous year. Over the period under review, electric locomotive imports continue to indicate an abrupt descent. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. In that year, electric locomotive imports reached their peak of X units. From 2014 to 2018, the growth of electric locomotive imports remained at a somewhat lower figure.

In value terms, electric locomotive imports totaled $X in 2018. Overall, electric locomotive imports continue to indicate a slight contraction. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. Imports peaked at $X in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the Netherlands (X units) constituted the largest electric locomotive supplier to Norway, with a X% share of total imports. Moreover, electric locomotive imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Sweden (X units), threefold.

From 2007 to 2018, the average annual growth rate of volume from the Netherlands totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-X% per year) and Germany (-X% per year).

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

From 2007 to 2018, the average annual growth rate of value from Sweden totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Germany (+X% per year).

Import Prices by Country

In 2018, the average electric locomotive import price amounted to $X per unit, going up by X% against the previous year. Overall, the electric locomotive import price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for electric locomotives reached their maximum in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Sweden ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

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 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.


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. 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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