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

Global Electric Locomotive Market Overview 2019

Electric Locomotive Exports

Exports 2007-2017

In 2017, approx. X tonnes of electric locomotives were exported worldwide; picking up by X% against the previous year. Overall, electric locomotive exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2017, when exports increased by X% year-to-year. Over the period under review, the global electric locomotive exports reached its peak figure volume of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, electric locomotive exports amounted to $X in 2017. In general, electric locomotive exports continue to indicate a moderate expansion. Global exports peaked of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Exports by Country

South Korea prevails in electric locomotive exports structure, amounting to X tonnes, which was near X% of total exports in 2017. Serbia (X tonnes) and Morocco (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to electric locomotive exports from South Korea stood at +X%. At the same time, Serbia (+X%) displayed positive paces of growth. Moreover, Serbia emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. By contrast, Morocco (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Morocco increased by X% percentage points, while Serbia (-X%) and South Korea (-X%) saw their share reduced.

In value terms, South Korea ($X) remains the largest electric locomotive supplier worldwide, making up X% of global exports. The second position in the ranking was occupied by Serbia ($X), with a X% share of global exports. It was followed by Morocco, with a X% share.

In South Korea, electric locomotive exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Serbia (+X% per year) and Morocco (-X% per year).

Export Prices by Country

The average electric locomotive export price stood at $X per kg in 2017, dropping by -X% against the previous year. Overall, electric locomotive export price continues to indicate a strong growth. The pace of growth appeared the most rapid in 2016, when it surged by X% against the previous year. In that year, the average export prices for electric locomotives attained their peak level of $X per kg, and then declined slightly in the following year.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was South Korea ($X per kg), while Serbia ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Korea (+X% per year), while the other global leaders experienced mixed trends in the export price figures.

Electric Locomotive Imports

Imports 2007-2017

In 2017, the amount of electric locomotives imported worldwide amounted to X tonnes, coming up by X% against the previous year. In general, electric locomotive imports continue to indicate a drastic reduction. The most prominent rate of growth was recorded in 2010, when imports increased by X% y-o-y. Global imports peaked of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, electric locomotive imports stood at $X in 2017. Overall, electric locomotive imports continue to indicate a deep decline. In that year, the global electric locomotive imports attained their peak level of $X. From 2011 to 2017, growth of the global electric locomotive imports stood at a somewhat lower level.

Imports by Country

Bosnia and Herzegovina prevails in electric locomotive imports structure, accounting for X tonnes, which was approx. X% of total imports in 2017. It was distantly followed by Zambia (X tonnes), achieving X% share of total imports. The following importers - Egypt (X tonnes), Togo (X tonnes) and Aruba (X tonnes) each finished at a X% share of total imports.

Imports into Bosnia and Herzegovina increased at an average annual rate of +X% from 2007 to 2017. At the same time, Egypt (+X%), Togo (+X%) and Aruba (+X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. By contrast, Zambia (-X%) illustrated a downward trend over the same period. Zambia (X%) significantly strengthened its position in terms of the global imports, while Togo, Egypt and Bosnia and Herzegovina saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Bosnia and Herzegovina ($X) constitutes the largest market for imported electric locomotives worldwide, making up X% of global imports. The second position in the ranking was occupied by Egypt ($X), with a X% share of global imports. It was followed by Zambia, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Bosnia and Herzegovina stood at +X%. In the other countries, the average annual rates were as follows: Egypt (-X% per year) and Zambia (-X% per year).

Import Prices by Country

The average electric locomotive import price stood at $X per kg in 2017, lowering by -X% against the previous year. Overall, electric locomotive import price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2011, when it surged by X% against the previous year. Over the period under review, the average import prices for electric locomotives reached its peak figure level of $X thousand per kg in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Egypt ($X per kg), while Aruba ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Togo (+X% per year), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform