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

Electric Locomotive Market Size in Turkey

The Turkish electric locomotive market was estimated at $X in 2020, growing by X% against the previous year. Overall, consumption saw a pronounced curtailment. The growth pace was the most rapid in 2013 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. from 2014 to 2020, the growth of the market remained at a lower figure.

Electric Locomotive Production in Turkey

In value terms, electric locomotive production skyrocketed to $X in 2020 estimated in export prices. Overall, production continues to indicate a perceptible expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. from 2019 to 2020, production growth remained at a lower figure.

Electric Locomotive Exports

Exports from Turkey

In 2020, electric locomotive exports from Turkey skyrocketed to X units, rising by X% against 2019. Over the period under review, exports showed a tangible increase. The growth pace was the most rapid in 2009 when exports increased by X% y-o-y. Exports peaked at X units in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

In value terms, electric locomotive exports surged to $X in 2020. In general, exports recorded a buoyant increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Qatar (X units), the United Arab Emirates (X units) and Bosnia and Herzegovina (X units) were the main destinations of electric locomotive exports from Turkey, together accounting for X% of total exports.

From 2007 to 2020, the biggest increases were in Bosnia and Herzegovina, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric locomotive exported from Turkey were Qatar ($X), the United Arab Emirates ($X) and Bosnia and Herzegovina ($X), with a combined X% share of total exports.

Among the main countries of destination, Bosnia and Herzegovina saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average electric locomotive export price amounted to $X per unit, which is down by -X% against the previous year. Overall, the export price, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. As a result, export price attained the peak level of $X per unit. from 2009 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Average prices varied noticeably for the major foreign markets. In 2020, the highest prices were recorded for prices to the UK ($X per unit) and Qatar ($X per unit), while the average price for exports to Bosnia and Herzegovina ($X per unit) and the United Arab Emirates ($X per unit) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Qatar, while the prices for the other major destinations experienced mixed trend patterns.

Electric Locomotive Imports

Imports into Turkey

In 2020, imports of electric locomotives into Turkey fell remarkably to X units, dropping by -X% on the year before. Overall, imports saw a precipitous descent. The growth pace was the most rapid in 2013 when imports increased by X% year-to-year. As a result, imports attained the peak of X units. from 2014 to 2020, the growth imports remained at a lower figure.

In value terms, electric locomotive imports shrank notably to $X in 2020. In general, imports saw a sharp descent. The growth pace was the most rapid in 2013 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. from 2014 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

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

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

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

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

Import Prices by Country

The average electric locomotive import price stood at $X per unit in 2020, reducing by -X% against the previous year. In general, the import price, however, continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2020, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric locomotives in the world?
+
Nigeria (115K units) constituted the country with the largest volume of electric locomotive consumption, accounting for 33% of total volume. Moreover, electric locomotive consumption in Nigeria exceeded the figures recorded by the second-largest consumer, China (43K units), threefold. The third position in this ranking was occupied by India (18K units), with a 5.3% share.
What are the largest producers of electric locomotives in the world?
+
China (44K units) constituted the country with the largest volume of electric locomotive production, 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 Turkey?
+
In value terms, China ($27K) constituted the largest supplier of electric locomotive to Turkey.
What are the leading importers of electric locomotives from Turkey?
+
In value terms, Qatar ($68K), the United Arab Emirates ($62K) and Bosnia and Herzegovina ($37K) were the largest markets for electric locomotive exported from Turkey worldwide, together comprising 97% of total exports.
What is the average export price for electric locomotives in Turkey?
+
The average electric locomotive export price stood at $694 per unit in 2020, which is down by -40.3% against the previous year.
What is the average import price for electric locomotives in Turkey?
+
The average electric locomotive import price stood at $1,466 per unit in 2020, reducing by -87.1% 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 Turkey. 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:
• Turkey

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