Report Update Jan 1, 2025

Greece - Electric Locomotives - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Electric Locomotive Market 2025

Electric Locomotive Market Size in Greece

In 2021, the Greek electric locomotive market decreased by 0% to $X, falling for the fourth consecutive year after two years of growth. Overall, consumption showed a abrupt setback. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Electric Locomotive Exports

Exports from Greece

After two years of decline, overseas shipments of electric locomotives decreased by -75% to X units in 2016. In general, exports recorded a relatively flat trend pattern. Over the period under review, the exports attained the maximum at X units in 2015, and then reduced sharply in the following year.

In value terms, electric locomotive exports dropped notably to $X in 2016. Overall, exports continue to indicate a sharp reduction. Over the period under review, the exports attained the maximum at $X in 2015, and then dropped markedly in the following year.

Exports by Country

The Netherlands (X units) was the main destination for electric locomotive exports from Greece, accounting for a approx. 100% share of total exports.

From 2013 to 2016, the average annual rate of growth in terms of volume to the Netherlands stood at -75.0%.

In value terms, the Netherlands ($X) also remains the key foreign market for electric locomotives exports from Greece.

From 2013 to 2016, the average annual growth rate of value to the Netherlands amounted to -99.8%.

Export Prices by Country

The average electric locomotive export price stood at $X per unit in 2016, dropping by -99% against the previous year. Overall, the export price saw a precipitous contraction. The export price peaked at $X per unit in 2013; however, from 2014 to 2016, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2013 to 2016, the rate of growth in terms of prices for the Netherlands amounted to -99.0% per year.

Electric Locomotive Imports

Imports into Greece

In 2021, imports of electric locomotives into Greece stood at X units, remaining relatively unchanged against the year before. Overall, imports showed a abrupt decline. The growth pace was the most rapid in 2017 with an increase of 550% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, electric locomotive imports soared to $X in 2021. In general, imports recorded a precipitous decrease. The pace of growth was the most pronounced in 2017 when imports increased by 1,462% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, France (X units) was the main supplier of electric locomotive to Greece, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from France stood at -22.6%.

In value terms, France ($X) constituted the largest supplier of electric locomotives to Greece, comprising 93% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 6.6% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from France totaled +13.6%.

Import Prices by Country

In 2021, the average electric locomotive import price amounted to $X per unit, waning by -23.7% against the previous year. In general, the import price showed a abrupt decrease. The pace of growth appeared the most rapid in 2017 when the average import price increased by 176% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per unit), while the price for the Netherlands amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

India constituted the country with the largest volume of electric locomotive consumption, comprising approx. 30% of total volume. Moreover, electric locomotive consumption in India exceeded the figures recorded by the second-largest consumer, Japan, fourfold. The third position in this ranking was occupied by Saudi Arabia, with a 5.4% share.

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

India remains the largest electric locomotive producing country worldwide, comprising approx. 35% of total volume. Moreover, electric locomotive production in India exceeded the figures recorded by the second-largest producer, Germany, threefold. Japan ranked third in terms of total production with an 8.3% share.

What are the leading suppliers of electric locomotives to Greece?

In value terms, Spain, Germany and France were the largest electric locomotive suppliers to Greece, with a combined 39% share of total imports.

What are the leading importers of electric locomotives from Greece?

In value terms, Cyprus remains the key foreign market for electric locomotive exports from Greece.

What is the average export price for electric locomotives in Greece?

The average electric locomotive export price stood at $4,886 per unit in 2019, increasing by 20% against the previous year.

What is the average import price for electric locomotives in Greece?

The average electric locomotive import price stood at $6,005 per unit in 2018, with a decrease of -3% against the previous year.

This report provides an in-depth analysis of the electric locomotive market in Greece. 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:

Greece

Data coverage:

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