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

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Electric Locomotive Market Size in Saudi Arabia

The Saudi electric locomotive market soared to $X in 2020, growing 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, faced a deep reduction. The pace of growth was the most pronounced in 2018 when the market value increased by X% y-o-y. Electric locomotive consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Electric Locomotive Exports

Exports from Saudi Arabia

In 2020, shipments abroad of electric locomotives increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt downturn. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, exports attained the maximum at X units in 2016; however, from 2017 to 2020, exports stood at a somewhat lower figure.

In value terms, electric locomotive exports skyrocketed to $X in 2020. In general, exports, however, saw a abrupt slump. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for electric locomotive exports from Saudi Arabia, with a X% share of total exports. Moreover, electric locomotive exports to the United Arab Emirates exceeded the volume sent to the second major destination, Sudan (X units), eightfold.

From 2007 to 2020, the average annual growth rate of volume to the United Arab Emirates stood at -X%.

In value terms, the United Arab Emirates ($X) remains the key foreign market for electric locomotive exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was occupied by Sudan ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to the United Arab Emirates totaled -X%.

Export Prices by Country

The average electric locomotive export price stood at $X per unit in 2020, surging by X% against the previous year. Overall, the export price continues to indicate a prominent increase. The pace of growth was the most pronounced in 2017 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Sudan ($X per unit), while the average price for exports to the United Arab Emirates amounted to $X per unit.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates.

Electric Locomotive Imports

Imports into Saudi Arabia

In 2020, imports of electric locomotives into Saudi Arabia surged to X units, growing by X% compared with the year before. Overall, imports, however, saw a deep slump. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at X units in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, electric locomotive imports rose markedly to $X in 2020. Over the period under review, imports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

Imports by Country

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

From 2007 to 2020, the average annual growth rate of volume from the UK totaled -X%.

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

From 2007 to 2020, the average annual rate of growth in terms of value from Spain totaled -X%.

Import Prices by Country

In 2020, the average electric locomotive import price amounted to $X per unit, dropping by -X% against the previous year. Overall, the import price, however, showed a resilient expansion. The pace of growth was the most pronounced in 2016 an increase of X% year-to-year. The import price peaked at $X per unit in 2018; however, from 2019 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Spain ($X per unit), while the price for the UK 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), together accounting for 65% 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 Saudi Arabia?
+
In value terms, Spain ($90M) constituted the largest supplier of electric locomotive to Saudi Arabia, comprising 99% of total imports. The second position in the ranking was occupied by the UK ($56K), with a 0.1% share of total imports.
What are the leading importers of electric locomotives from Saudi Arabia?
+
In value terms, the United Arab Emirates ($61K) remains the key foreign market for electric locomotive exports from Saudi Arabia, comprising 73% of total exports. The second position in the ranking was occupied by Sudan ($23K), with a 27% share of total exports.
What is the average export price for electric locomotives in Saudi Arabia?
+
The average electric locomotive export price stood at $4,787 per unit in 2020, rising by 15% against the previous year.
What is the average import price for electric locomotives in Saudi Arabia?
+
The average electric locomotive import price stood at $2,470 per unit in 2020, with a decrease of -46.8% 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 Saudi Arabia. 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:
• Saudi Arabia

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