Switzerland: Electric Locomotive Market Overview 2021

Electric Locomotive Market Size in Switzerland

In 2020, after two years of decline, there was significant growth in the Swiss electric locomotive market, when its value increased by X% to $X. Overall, the total consumption indicated a measured expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, the market attained the maximum level in 2020 and is likely to see gradual growth in the immediate term.

Electric Locomotive Exports

Exports from Switzerland

In 2020, exports of electric locomotives from Switzerland contracted notably to X units, with a decrease of -X% on the year before. In general, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at X units in 2015; however, from 2016 to 2020, exports remained at a lower figure.

In value terms, electric locomotive exports totaled $X in 2020. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Exports peaked at $X in 2009; however, from 2010 to 2020, exports remained at a lower figure.

Exports by Country

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

From 2007 to 2020, the average annual rate of growth in terms of volume to France amounted to -X%.

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

From 2007 to 2020, the average annual growth rate of value to France totaled +X%.

Export Prices by Country

In 2020, the average electric locomotive export price amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by X% year-to-year. The export price peaked in 2020 and is likely to see gradual growth in years to come.

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

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

Electric Locomotive Imports

Imports into Switzerland

After two years of decline, overseas purchases of electric locomotives increased by X% to X units in 2020. Overall, imports, however, saw a relatively flat trend pattern. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, electric locomotive imports soared to $X in 2020. In general, imports, however, continue to indicate a notable increase. Imports peaked at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Germany (X units) was the main electric locomotive supplier to Switzerland, with a X% share of total imports. It was followed by Spain (X units), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-X% per year) and Austria (-X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-X% per year) and Spain (-X% per year).

Import Prices by Country

The average electric locomotive import price stood at $X per unit in 2020, rising by X% against the previous year. In general, import price indicated tangible growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. As a result, import price attained the peak level of $X per unit. From 2018 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric locomotives in the world?

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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?

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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 comprising 65% of global production. These countries were followed by India, China, Sweden, Nigeria and South Korea, which together accounted for a further 30%.

What are the leading suppliers of electric locomotives to Switzerland?

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In value terms, Germany ($84M) constituted the largest supplier of electric locomotive to Switzerland, comprising 100% of total imports. The second position in the ranking was occupied by Austria ($684), with a 0% share of total imports.

What are the leading importers of electric locomotives from Switzerland?

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In value terms, France ($3.1M) remains the key foreign market for electric locomotive exports from Switzerland.

What is the average export price for electric locomotives in Switzerland?

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In 2020, the average electric locomotive export price amounted to $285,184 per unit, surging by 78% against the previous year.

What is the average import price for electric locomotives in Switzerland?

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The average electric locomotive import price stood at $213,798 per unit in 2020, with an increase of 32% against the previous year.