EU: Market for Diesel-Electric and Other Locomotives 2024

Market Size for Diesel-Electric and Other Locomotives in the EU

The EU diesel-electric and other locomotive market surged to $X in 2022, picking up by X% against the previous year. Overall, consumption enjoyed a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Diesel-Electric and Other Locomotives in the EU

In value terms, diesel-electric and other locomotive production reduced rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Diesel-Electric and Other Locomotives

Exports in the EU

In 2022, overseas shipments of diesel-electric and other locomotives increased by X% to X units, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, diesel-electric and other locomotive exports skyrocketed to $X in 2022. In general, exports, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany was the key exporter of diesel-electric and other locomotives in the European Union, with the volume of exports finishing at X units, which was near X% of total exports in 2022. The Czech Republic (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Croatia (X%), the Netherlands (X%) and Italy (X%). Austria (X units), France (X units), Poland (X units), Ireland (X units), Spain (X units), Romania (X units) and Estonia (X units) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest diesel-electric and other locomotive supplying countries in the European Union were Germany ($X), the Czech Republic ($X) and Italy ($X), with a combined X% share of total exports. The Netherlands, Croatia, Ireland, Poland, Austria, France, Spain, Romania and Estonia lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Croatia, with a CAGR of X%, recorded 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 2022, the export price in the European Union amounted to $X per unit, growing by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while Estonia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (X%), while the other leaders experienced more modest paces of growth.

Imports of Diesel-Electric and Other Locomotives

Imports in the EU

In 2022, supplies from abroad of diesel-electric and other locomotives increased by X% to X units, rising for the second year in a row after three years of decline. Overall, imports continue to indicate perceptible growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, diesel-electric and other locomotive imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Spain (X units) and Slovakia (X units) represented the largest importers of diesel-electric and other locomotives in the European Union, together finishing at approx. X% of total imports. It was distantly followed by Bulgaria (X units), Italy (X units), Poland (X units), the Czech Republic (X units) and Germany (X units), together comprising a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bulgaria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest diesel-electric and other locomotive importing markets in the European Union were Spain ($X), Slovakia ($X) and Poland ($X), with a combined X% share of total imports.

Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the import price posted a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per unit), while Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform