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

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Electric Locomotive Market Size in the Philippines

In 2020, the Philippine electric locomotive market increased by X% to $X, rising for the third consecutive year after two years of decline. In general, consumption recorded a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Electric Locomotive Exports

Exports from the Philippines

In 2020, the amount of electric locomotives exported from the Philippines stood at X units, approximately equating 2019. Overall, exports showed a relatively flat trend pattern. Over the period under review, exports reached the peak figure at X units in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

In value terms, electric locomotive exports amounted to $X in 2020. In general, exports posted significant growth. Exports peaked at $X in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

Exports by Country

South Africa (X units) was the main destination for electric locomotive exports from the Philippines, accounting for a X% share of total exports. Moreover, electric locomotive exports to South Africa exceeded the volume sent to the second major destination, Brazil (X units), threefold.

From 2007 to 2016, the average annual rate of growth in terms of volume to South Africa was relatively modest.

From 2007 to 2016, the average annual growth rate of value to Brazil was relatively modest.

Export Prices by Country

In 2016, the average electric locomotive export price amounted to $X per unit, approximately reflecting the previous year. Over the period under review, the export price saw a relatively flat trend pattern. Over the period under review, average export prices hit record highs in 2016 and is expected to retain growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Brazil ($X per unit), while the average price for exports to South Africa amounted to $X per unit.

From 2007 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Brazil.

Electric Locomotive Imports

Imports into the Philippines

In 2020, purchases abroad of electric locomotives increased by X% to X units, rising for the third consecutive year after two years of decline. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electric locomotive imports surged to $X in 2020. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Spain (X units) constituted the largest electric locomotive supplier to the Philippines, accounting for a X% share of total imports. Moreover, electric locomotive imports from Spain exceeded the figures recorded by the second-largest supplier, South Africa (X units), fourfold.

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

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

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

Import Prices by Country

The average electric locomotive import price stood at $X per unit in 2020, waning by -X% against the previous year. Over the period under review, the import price showed a abrupt downturn. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric locomotives in the world?
+
The countries with the highest volumes of electric locomotive consumption in 2020 were Nigeria (98K units), Singapore (74K units) and Saudi Arabia (37K units), with a combined 78% share of global consumption.
What are the largest producers of electric locomotives in the world?
+
The countries with the highest volumes of electric locomotive production in 2020 were Germany (14K units), Japan (9.9K units) and France (6K units), with a combined 65% share of global production. India, China, Sweden, Nigeria and South Korea lagged somewhat behind, together comprising a further 30%.
What are the leading suppliers of electric locomotives to the Philippines?
+
In value terms, Spain ($7.7M) constituted the largest supplier of electric locomotive to the Philippines, comprising 98% of total imports. The second position in the ranking was occupied by South Africa ($97K), with a 1.2% share of total imports.
What is the average export price for electric locomotives in the Philippines?
+
In 2016, the average electric locomotive export price amounted to $5,620 per unit, leveling off at the previous year.
What is the average import price for electric locomotives in the Philippines?
+
The average electric locomotive import price stood at $6,572 per unit in 2020, declining by -63.9% 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 the Philippines. 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:
• Philippines

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Philippines
• 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 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, 2007–2020
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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