Vietnam - Electric Locomotives - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Vietnam: Electric Locomotive Market Overview 2020
Electric Locomotive Market Size in Vietnam
The revenue of the electric locomotive market in Viet Nam amounted to $X in 2018, 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). In general, electric locomotive consumption continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2008 when the market value increased by X% y-o-y. Electric locomotive consumption peaked at $X in 2012; however, from 2013 to 2018, consumption stood at a somewhat lower figure.
Electric Locomotive Imports
Imports into Vietnam
In 2018, the electric locomotive imports into Viet Nam totaled X units, increasing by X% against the previous year. In general, electric locomotive imports continue to indicate conspicuous growth. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. Over the period under review, electric locomotive imports reached their peak figure at X units in 2012; however, from 2013 to 2018, imports remained at a lower figure.
In value terms, electric locomotive imports amounted to $X in 2018. In general, electric locomotive imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. In that year, electric locomotive imports attained their peak and are likely to continue its growth in the immediate term.
Imports by Country
In 2018, China (X units) constituted the largest electric locomotive supplier to Viet Nam, with a approx. X% share of total imports.
From 2007 to 2018, the average annual growth rate of volume from China was relatively modest.
In value terms, China ($X) constituted the largest supplier of electric locomotive to Viet Nam.
From 2007 to 2018, the average annual growth rate of value from China amounted to +X%.
Import Prices by Country
In 2018, the average electric locomotive import price amounted to $X per unit, rising by X% against the previous year. In general, the electric locomotive import price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. In that year, the average import 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 supplying country, the average price level is determined by prices for China.
From 2007 to 2018, the rate of growth in terms of prices for China amounted to +X% per year.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the electric locomotive market in Vietnam. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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