World - Electric Locomotives - Market Analysis, Forecast, Size, Trends and Insights

Global Electric Locomotive Market Overview 2019

Electric Locomotive Market Size

The global electric locomotive market revenue amounted to $X in 2018, falling by -X% against the previous year. Over the period under review, electric locomotive consumption continues to indicate a deep contraction. The growth pace was the most rapid in 2011, when the market value increased by X% year-to-year. Global electric locomotive consumption peaked at $X in 2012; however, from 2013 to 2018, consumption remained at a lower figure.

Electric Locomotive Production

In value terms, electric locomotive production totaled $X in 2018 estimated in export prices. Overall, electric locomotive production continues to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2013, when the the output figure increased by X% against the previous year. Global electric locomotive production peaked at $X in 2011; however, from 2012 to 2018, production failed to regain its momentum.

Electric Locomotive Exports

Exports 2007-2018

In 2018, the global exports of electric locomotives totaled X units, rising by X% against the previous year. In general, electric locomotive exports continue to indicate a notable expansion. The most prominent rate of growth was recorded in 2015, when it surged by X% y-o-y. In that year, global electric locomotive exports attained their peak of X units. From 2016 to 2018, the growth of global electric locomotive exports failed to regain its momentum.

In value terms, electric locomotive exports totaled $X in 2018. Over the last decade, the total exports indicated a perceptible expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the electric locomotive exports increased by +X% against 2016 indices. Over the period under review, global electric locomotive exports attained their maximum at $X in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

Exports by Country

Malaysia was the key exporter of electric locomotives in the world, with the volume of exports recording X units, which was near X% of total exports in 2018. It was distantly followed by Indonesia (X units), China, Hong Kong SAR (X units), the UK (X units) and France (X units), together creating X% share of total exports. The following exporters - South Africa (X units) and Brazil (X units) each resulted at a X% share of total exports.

Exports from Malaysia increased at an average annual rate of +X% from 2007 to 2018. At the same time, Indonesia (+X%), China, Hong Kong SAR (+X%), the UK (+X%), Brazil (+X%), France (+X%) and South Africa (+X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2018. South Africa (-X%), Brazil (-X%), France (-X%), the UK (-X%), China, Hong Kong SAR (-X%), Indonesia (-X%) and Malaysia (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X) emerged as the largest electric locomotive supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by the UK ($X), with a X% share of global exports. It was followed by South Africa, with a X% share.

In France, electric locomotive exports contracted by an average annual rate of -X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the UK (-X% per year) and South Africa (-X% per year).

Export Prices by Country

The average electric locomotive export price stood at $X thousand per unit in 2018, surging by X% against the previous year. In general, the electric locomotive export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014, an increase of X% against the previous year. Global export price peaked at $X thousand per unit in 2009; however, from 2010 to 2018, export prices stood at a somewhat lower figure.

Export prices varied noticeably by the country of origin; the country with the highest export price was France ($X thousand per unit), while Brazil ($X thousand per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Brazil, while the other global leaders experienced a decline in the export price figures.

Electric Locomotive Imports

Imports 2007-2018

In 2018, approx. X units of electric locomotives were imported worldwide; stabilizing at the previous year. Over the period under review, electric locomotive imports, however, continue to indicate a drastic reduction. The pace of growth appeared the most rapid in 2014, when it surged by X% year-to-year. Over the period under review, global electric locomotive imports reached their peak figure at X units in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

In value terms, electric locomotive imports totaled $X in 2018. Over the last decade, electric locomotive imports, however, continue to indicate a mild curtailment. Over the period under review, global electric locomotive imports reached their maximum at $X in 2011; however, from 2012 to 2018, imports stood at a somewhat lower figure.

Imports by Country

India (X units) and Malaysia (X units) were the largest importers of electric locomotives in 2018, recording approx. X% and X% of total imports, respectively. Swaziland (X units) took the next position in the ranking, followed by Sudan (X units), the UK (X units) and South Africa (X units). All these countries together took near X% share of total imports. Slovakia (X units), Bangladesh (X units), Belgium (X units) and the United Arab Emirates (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Slovakia ($X) constitutes the largest market for imported electric locomotives worldwide, comprising X% of global imports. The second position in the ranking was occupied by India ($X), with a X% share of global imports. It was followed by South Africa, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in Slovakia stood at +X%. In the other countries, the average annual rates were as follows: India (+X% per year) and South Africa (-X% per year).

Import Prices by Country

The average electric locomotive import price stood at $X thousand per unit in 2018, rising by X% against the previous year. Overall, the electric locomotive import price continues to indicate a strong growth. The growth pace was the most rapid in 2016, when the average import price increased by X% against the previous year. Global import price peaked in 2018, and is expected to retain its growth in the near future.

Import prices varied noticeably by the country of destination; the country with the highest import price was Slovakia ($X thousand per unit), while Bangladesh ($X thousand per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Slovakia, while the other global leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform