Eastern Europe: Electric Rail Locomotive Market 2025

Electric Rail Locomotive Market Size in Eastern Europe

The East European electric rail locomotive market soared to $X in 2022, surging by 233% against the previous year. Over the period under review, consumption, however, continues to indicate a perceptible decline. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Electric Rail Locomotive Production in Eastern Europe

In value terms, electric rail locomotive production expanded markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 29% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Electric Rail Locomotive Exports

Exports in Eastern Europe

In 2022, after two years of growth, there was significant decline in shipments abroad of electric rail locomotives, when their volume decreased by -76% to X units. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 1,079%. Over the period under review, the exports hit record highs at X units in 2021, and then reduced remarkably in the following year.

In value terms, electric rail locomotive exports fell to $X in 2022. Over the period under review, exports, however, showed prominent growth. The pace of growth appeared the most rapid in 2020 with an increase of 314%. Over the period under review, the exports hit record highs at $X in 2021, and then reduced slightly in the following year.

Exports by Country

Russia dominates exports structure, recording X units, which was near 86% of total exports in 2022. It was distantly followed by Slovakia (X units), making up a 6.2% share of total exports. The following exporters - Poland (X units), Estonia (X units) and the Czech Republic (X units) - each amounted to a 5.9% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to electric rail locomotive exports from Russia stood at +40.4%. At the same time, Poland (+59.3%), Slovakia (+42.5%), the Czech Republic (+20.3%) and Estonia (+16.7%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +59.3% from 2012-2022. While the share of Russia (+46 p.p.), Slovakia (+3.7 p.p.), Poland (+2.3 p.p.) and Estonia (+1.8 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Czech Republic (-2.1 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest electric rail locomotive supplier in Eastern Europe, comprising 41% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with an 11% share of total exports. It was followed by Poland, with a 5.5% share.

From 2012 to 2022, the average annual growth rate of value in Russia totaled +22.0%. In the other countries, the average annual rates were as follows: the Czech Republic (+15.6% per year) and Poland (+30.5% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, picking up by 306% against the previous year. In general, the export price, however, saw a deep setback. The most prominent rate of growth was recorded in 2017 when the export price increased by 697% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while Estonia ($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 Czech Republic (-3.9%), while the other leaders experienced a decline in the export price figures.

Electric Rail Locomotive Imports

Imports in Eastern Europe

In 2022, purchases abroad of electric rail locomotives was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 452% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, electric rail locomotive imports declined to $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 262%. The level of import peaked at $X in 2021, and then reduced in the following year.

Imports by Country

Belarus prevails in imports structure, reaching X units, which was near 89% of total imports in 2022. It was distantly followed by Lithuania (X units), making up a 7.2% share of total imports.

Imports into Belarus increased at an average annual rate of +16.7% from 2012 to 2022. At the same time, Lithuania (+99.1%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +99.1% from 2012-2022. Belarus (+33 p.p.) and Lithuania (+7.2 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) constitutes the largest market for imported electric rail locomotives in Eastern Europe, comprising 15% of total imports. The second position in the ranking was taken by Lithuania ($X), with a 0.2% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Belarus stood at +15.5%.

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, reducing by -24.9% against the previous year. Over the period under review, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2014 when the import price increased by 231%. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per unit), while Lithuania stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (-1.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :