Report Update Feb 1, 2025

Denmark - Electric Rail Locomotives - Market Analysis, Forecast, Size, Trends and Insights

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Denmark: Electric Rail Locomotive Market 2025

Electric Rail Locomotive Market Size in Denmark

In 2022, the Danish electric rail locomotive market decreased by -58.3% to $X for the first time since 2011, thus ending a ten-year rising trend. Overall, consumption continues to indicate a significant increase. As a result, consumption attained the peak level of $X, and then reduced rapidly in the following year.

Electric Rail Locomotive Production in Denmark

In value terms, electric rail locomotive production totaled $X in 2022 estimated in export price. Over the period under review, production posted a notable increase. The pace of growth was the most pronounced in 2020 when the production volume increased by 14%. As a result, production reached the peak level of $X; afterwards, it flattened through to 2022.

Electric Rail Locomotive Exports

Exports from Denmark

In 2022, the amount of electric rail locomotives exported from Denmark soared to X units, jumping by 100% on the previous year's figure. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 150%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, electric rail locomotive exports soared to $X in 2022. Over the period under review, exports, however, faced a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 262% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Senegal (X units), Norway (X units) and Israel (X units) were the main destinations of electric rail locomotive exports from Denmark, with a combined 88% share of total exports. Moreover, electric rail locomotive exports in Senegal exceeded the figures recorded by the second-largest exporter, Norway, twofold.

From 2018 to 2022, the biggest increases were recorded for Israel (with a CAGR of 0.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electric rail locomotive exported from Denmark were Norway ($X), Senegal ($X) and Canada ($X), together accounting for 98% of total exports. These countries were followed by Israel, which accounted for a further 1.7%.

Israel, with a CAGR of 0.0%, 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 2022, the average electric rail locomotive export price amounted to $X per unit, with an increase of 14% against the previous year. Overall, the export price, however, faced a sharp decrease. The pace of growth appeared the most rapid in 2020 an increase of 45% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Israel ($X per unit) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-65.9%).

Electric Rail Locomotive Imports

Imports into Denmark

For the third consecutive year, Denmark recorded growth in overseas purchases of electric rail locomotives, which increased by 1,747,417% to X units in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electric rail locomotive imports dropped markedly to $X in 2022. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 633%. As a result, imports attained the peak of $X, and then fell notably in the following year.

Imports by Country

In 2022, Germany (X units) was the main supplier of electric rail locomotive to Denmark, with a approx. 99.9% share of total imports.

From 2020 to 2022, the average annual growth rate of volume from Germany amounted to +41,000.6%.

In value terms, Germany ($X) constituted the largest supplier of electric rail locomotives to Denmark.

From 2020 to 2022, the average annual rate of growth in terms of value from Germany totaled +89.3%.

Import Prices by Country

The average electric rail locomotive import price stood at $X per unit in 2022, declining by 99.9% against the previous year. Overall, the import price saw a significant decline. The most prominent rate of growth was recorded in 2021 a decrease of -24.1% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2020 to 2022, the rate of growth in terms of prices for Germany amounted to -99.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of in 2021 were Uzbekistan, China and Norway, together accounting for 76% of global consumption.

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

China remains the largest electric rail locomotive producing country worldwide, comprising approx. 74% of total volume. Moreover, electric rail locomotive production in China exceeded the figures recorded by the second-largest producer, Germany, sixfold. The third position in this ranking was occupied by Japan, with a 2.6% share.

What are the leading suppliers of electric rail locomotives to Denmark?

In value terms, Germany constituted the largest supplier of electric rail locomotive to Denmark.

What is the average export price for electric rail locomotives in Denmark?

In 2020, the average electric rail locomotive export price amounted to $22,438 per unit, shrinking by -9.5% against the previous year.

What is the average import price for electric rail locomotives in Denmark?

The average electric rail locomotive import price stood at $18,938 per unit in 2021, dropping by -56.7% against the previous year.

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

Country coverage:

Denmark

Data coverage:

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

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