Report Update May 1, 2025

United Kingdom - Electric Locomotives - Market Analysis, Forecast, Size, Trends and Insights

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United Kingdom: Electric Locomotive Market 2025

Electric Locomotive Market Size in the UK

In 2021, the UK electric locomotive market decreased by -26.8% to $X, falling for the third year in a row after two years of growth. In general, consumption saw a deep slump. Electric locomotive consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Electric Locomotive Production in the UK

In value terms, electric locomotive production contracted modestly to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 1.4%. Electric locomotive production peaked at $X in 2020, and then reduced modestly in the following year.

Electric Locomotive Exports

Exports from the UK

In 2021, overseas shipments of electric locomotives increased by 887% to X units, rising for the third year in a row after two years of decline. In general, exports recorded strong growth. The most prominent rate of growth was recorded in 2015 with an increase of 1,244%. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, electric locomotive exports soared to $X in 2021. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units), Russia (X units) and Canada (X units) were the main destinations of electric locomotive exports from the UK, with a combined 94% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +62.0%), while the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X), the United States ($X) and Canada ($X) constituted the largest markets for electric locomotive exported from the UK worldwide, with a combined 76% share of total exports.

Egypt, with a CAGR of +99.9%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average electric locomotive export price amounted to $X per unit, surging by 81% against the previous year. Overall, the export price enjoyed a significant expansion. The growth pace was the most rapid in 2018 when the average export price increased by 586%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+445.3%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Locomotive Imports

Imports into the UK

In 2021, the amount of electric locomotives imported into the UK declined to X units, with a decrease of -7.1% compared with 2020. Overall, imports recorded a precipitous curtailment. The growth pace was the most rapid in 2018 when imports increased by 45% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, electric locomotive imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 14,069% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Spain (X units) was the main electric locomotive supplier to the UK, with a 96% share of total imports. Moreover, electric locomotive imports from Spain exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled -54.7%.

In value terms, Spain ($X) constituted the largest supplier of electric locomotives to the UK, comprising 100% of total imports. The second position in the ranking was held by China ($X), with a 0.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled +96.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+30.0% per year) and the United States (-42.9% per year).

Import Prices by Country

In 2021, the average electric locomotive import price amounted to $X per unit, jumping by 1,913% against the previous year. In general, the import price showed significant growth. The growth pace was the most rapid in 2019 when the average import price increased by 92,011% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+332.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric locomotives in the world?

India constituted the country with the largest volume of electric locomotive consumption, comprising approx. 30% of total volume. Moreover, electric locomotive consumption in India exceeded the figures recorded by the second-largest consumer, Japan, fourfold. The third position in this ranking was occupied by Saudi Arabia, with a 5.4% share.

What are the largest producers of electric locomotives in the world?

India constituted the country with the largest volume of electric locomotive production, accounting for 35% of total volume. Moreover, electric locomotive production in India exceeded the figures recorded by the second-largest producer, Germany, threefold. Japan ranked third in terms of total production with an 8.3% share.

What are the leading suppliers of electric locomotives to the UK?

In value terms, Spain constituted the largest supplier of electric locomotive to the UK, comprising 100% of total imports. The second position in the ranking was occupied by China, with a 0.3% share of total imports.

What are the leading importers of electric locomotives from the UK?

In value terms, the largest markets for electric locomotive exported from the UK were Egypt, the United States and Canada, together accounting for 76% of total exports.

What is the average export price for electric locomotives in the UK?

In 2021, the average electric locomotive export price amounted to $12,222 per unit, reducing by -10.1% against the previous year.

What is the average import price for electric locomotives in the UK?

The average electric locomotive import price stood at $100,839 per unit in 2021, jumping by 58% against the previous year.

This report provides an in-depth analysis of the electric locomotive market in the UK. 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.

Product coverage:

Prodcom 30201100 - Rail locomotives powered from an external source of electricity
Prodcom 30201300 - Other rail locomotives, locomotive tenders

Country coverage:

United Kingdom

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024