Australia and Oceania - Electric Locomotives - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAustralia and Oceania: Electric Locomotive Market 2024
Electric Locomotive Market Size in Australia and Oceania
In 2021, after seven years of decline, there was significant growth in the electric locomotive market in Australia and Oceania, when its value increased by 5.1% to $X. Over the period under review, consumption, however, recorded a sharp setback. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.
Electric Locomotive Production in Australia and Oceania
In value terms, electric locomotive production reduced rapidly to $X in 2021 estimated in export price. Over the period under review, production saw a deep slump. The pace of growth was the most pronounced in 2014 when the production volume increased by 6,823%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.
Electric Locomotive Exports
Exports in Australia and Oceania
In 2021, the amount of electric locomotives exported in Australia and Oceania dropped notably to X units, waning by -60% on 2020. Over the period under review, exports recorded a abrupt setback. The growth pace was the most rapid in 2020 with an increase of 400% against the previous year. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.
In value terms, electric locomotive exports surged to $X in 2021. In general, exports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 2,303% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
The shipments of the one major exporters of electric locomotives, namely Australia, represented more than two-thirds of total export.
Australia was also the fastest-growing in terms of the electric locomotives exports, with a CAGR of +8.0% from 2012 to 2021. While the share of Australia (+93 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Australia ($X) also remains the largest electric locomotive supplier in Australia and Oceania.
In Australia, electric locomotive exports shrank by an average annual rate of -10.8% over the period from 2012-2021.
Export Prices by Country
In 2021, the export price in Australia and Oceania amounted to $X per unit, growing by 490% against the previous year. In general, the export price recorded a strong increase. The pace of growth was the most pronounced in 2017 an increase of 2,475% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Australia.
From 2012 to 2021, the rate of growth in terms of prices for Australia amounted to -17.4% per year.
Electric Locomotive Imports
Imports in Australia and Oceania
In 2021, overseas purchases of electric locomotives increased by 58% to X units for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, recorded a significant decrease. The pace of growth appeared the most rapid in 2015 with an increase of 874%. The volume of import peaked at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.
In value terms, electric locomotive imports declined significantly to $X in 2021. Over the period under review, imports, however, continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2018 when imports increased by 327% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.
Imports by Country
Fiji prevails in imports structure, resulting at X units, which was near 89% of total imports in 2021. Australia (X units) ranks second in terms of the total imports with a 5.3% share, followed by New Zealand (5.3%).
Fiji was also the fastest-growing in terms of the electric locomotives imports, with a CAGR of +17.4% from 2012 to 2021. New Zealand (-7.4%) and Australia (-44.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Fiji and New Zealand increased by +88 and +4.4 percentage points, respectively.
In value terms, Australia ($X) constitutes the largest market for imported electric locomotives in Australia and Oceania, comprising 77% of total imports. The second position in the ranking was taken by Fiji ($X), with a 15% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value in Australia totaled -44.4%. The remaining importing countries recorded the following average annual rates of imports growth: Fiji (+34.3% per year) and New Zealand (-6.2% per year).
Import Prices by Country
The import price in Australia and Oceania stood at $X per unit in 2021, dropping by -60.1% against the previous year. In general, the import price showed a sharp decrease. The pace of growth was the most pronounced in 2016 when the import price increased by 3,499%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per unit), while Fiji ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Fiji (+15.9%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the electric locomotive market in Australia and Oceania. 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:
- Australia
- Cook Islands
- Fiji
- French Polynesia
- Kiribati
- Marshall Islands
- Micronesia
- New Caledonia
- New Zealand
- Northern Mariana Islands
- Palau
- Papua New Guinea
- Samoa
- Solomon Islands
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Wallis and Futuna Islands
- American Samoa
- Nauru
- Niue
- Guam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Australia and Oceania, split by region and country
- Trade (exports and imports) in Australia and Oceania
- 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
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
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
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Australia
- Cook Islands
- Fiji
- French Polynesia
- Kiribati
- Marshall Islands
- Micronesia
- New Caledonia
- New Zealand
- Northern Mariana Islands
- Palau
- Papua New Guinea
- Samoa
- Solomon Islands
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Wallis and Futuna Islands
- American Samoa
- Nauru
- Niue
- Guam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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