CIS: Diesel-Electric Locomotive Market 2022

Diesel-Electric Locomotive Market Size in CIS

The CIS diesel-electric locomotive market rose sharply to $X in 2021, picking up by 12% against the previous year. The total consumption indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -13.7% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Diesel-Electric Locomotive Production in CIS

In value terms, diesel-electric locomotive production surged to $X in 2021 estimated in export price. Over the period under review, production showed a buoyant increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 86% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Diesel-Electric Locomotive Exports

Exports in CIS

In 2021, exports of diesel-electric locomotives in the CIS amounted to X units, with an increase of 1.9% on the previous year's figure. In general, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of 130% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, diesel-electric locomotive exports skyrocketed to $X in 2021. Overall, exports recorded a resilient expansion. The pace of growth was the most pronounced in 2014 when exports increased by 243% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

Russia prevails in exports structure, recording X units, which was near 91% of total exports in 2021. The following exporters - Belarus (X units), Kazakhstan (X units) and Azerbaijan (X units) - together made up 9.1% of total exports.

Exports from Russia increased at an average annual rate of +10.7% from 2012 to 2021. At the same time, Azerbaijan (+100.0%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +100.0% from 2012-2021. Belarus experienced a relatively flat trend pattern. By contrast, Kazakhstan (-66.7%) illustrated a downward trend over the same period. While the share of Kazakhstan (+3.6 p.p.), Azerbaijan (+3.6 p.p.) and Belarus (+1.8 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Russia (-4.3 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest diesel-electric locomotive supplier in the CIS, comprising 97% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 2.4% share of total exports. It was followed by Azerbaijan, with a 0.1% share.

In Russia, diesel-electric locomotive exports increased at an average annual rate of +11.0% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (+10.9% per year) and Azerbaijan (+49.1% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2021, rising by 23% against the previous year. Over the period under review, the export price, however, continues to indicate a mild decrease. The growth pace was the most rapid in 2017 an increase of 116%. Over the period under review, the export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Russia ($X per unit), while Azerbaijan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+95.2%), while the other leaders experienced mixed trends in the export price figures.

Diesel-Electric Locomotive Imports

Imports in CIS

In 2021, the amount of diesel-electric locomotives imported in the CIS contracted sharply to X units, with a decrease of -48.9% on 2020 figures. Over the period under review, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 74% against the previous year. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, diesel-electric locomotive imports reduced dramatically to $X in 2021. Overall, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2020 when imports increased by 324%. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X units) and Kazakhstan (X units) represented the major importers of diesel-electric locomotives in the CIS, together achieving 54% of total imports. Kyrgyzstan (X units) took an 8.3% share (based on physical terms) of total imports, which put it in second place, followed by Uzbekistan (25%), Kazakhstan (50%) and Azerbaijan (8.3%). The following importers - Belarus (X units) and Russia (X units) - each reached an 8.3% share of total imports.

From 2012 to 2021, the biggest increases were in Kyrgyzstan (with a CAGR of +8.0%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Belarus ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 95% share of total imports. These countries were followed by Azerbaijan, Kyrgyzstan and Russia, which together accounted for a further 5.5%.

In terms of the main importing countries, Kyrgyzstan, with a CAGR of +10.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the CIS stood at $X per unit in 2021, waning by -37% against the previous year. Overall, the import price recorded a abrupt slump. The growth pace was the most rapid in 2020 when the import price increased by 144%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Belarus ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+9.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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