Austria: Market for Diesel-Electric and Other Locomotives 2024

Market Size for Diesel-Electric and Other Locomotives in Austria

In 2022, the Austrian diesel-electric and other locomotive market decreased by -35.7% to $X, falling for the second consecutive year after two years of growth. Overall, consumption saw a abrupt slump. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of Diesel-Electric and Other Locomotives in Austria

In value terms, diesel-electric and other locomotive production expanded remarkably to $X in 2022 estimated in export price. In general, the total production indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.1% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 48% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Diesel-Electric and Other Locomotives

Exports from Austria

Diesel-electric and other locomotive exports from Austria soared to X units in 2022, jumping by 278% against 2021 figures. In general, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 350% against the previous year. The exports peaked 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. Over the period under review, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 468% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Qatar (X units) and Canada (X units) were the main destinations of diesel-electric and other locomotive exports from Austria.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Qatar (with a CAGR of +183.3%).

In value terms, the largest markets for diesel-electric and other locomotive exported from Austria were Qatar ($X) and Canada ($X).

In terms of the main countries of destination, Qatar, with a CAGR of +215.4%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average diesel-electric and other locomotive export price stood at $X per unit in 2022, picking up by 23% against the previous year. In general, the export price, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2020 an increase of 468%. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Canada amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+11.3%), while the prices for the other major destinations experienced a decline.

Imports of Diesel-Electric and Other Locomotives

Imports into Austria

Diesel-electric and other locomotive imports into Austria soared to X units in 2022, jumping by 225% on the previous year's figure. In general, imports saw temperate growth. The growth pace was the most rapid in 2020 with an increase of 900% against the previous year. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, diesel-electric and other locomotive imports shrank markedly to $X in 2022. Overall, imports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of 43% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Israel (X units) constituted the largest diesel-electric and other locomotive supplier to Austria, accounting for a 62% share of total imports. Moreover, diesel-electric and other locomotive imports from Israel exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. Switzerland (X units) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2022, the average annual growth rate of volume from Israel was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.3% per year) and Switzerland (-17.1% per year).

In value terms, Germany ($X) constituted the largest supplier of diesel-electric and other locomotives to Austria, comprising 73% of total imports. The second position in the ranking was held by Switzerland ($X), with a 15% share of total imports. It was followed by Israel, with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to -13.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-6.3% per year) and Israel (0.0% per year).

Import Prices by Country

The average diesel-electric and other locomotive import price stood at $X per unit in 2022, dropping by -76.9% against the previous year. Overall, the import price recorded a abrupt downturn. The pace of growth was the most pronounced in 2016 an increase of 1,454% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+150.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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