Report Update Jan 1, 2025

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

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Iceland: Electric Locomotive Market 2020

Electric Locomotive Market Size in Iceland

The revenue of the electric locomotive market in Iceland amounted to $X in 2018, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, electric locomotive consumption continues to indicate a buoyant expansion. Iceland electric locomotive consumption peaked at $X in 2012; however, from 2013 to 2018, consumption stood at a somewhat lower figure.

Electric Locomotive Exports

Exports by Country

China, Hong Kong SAR (X units) and the UK (X units) represented the main exporters of electric locomotives in 2018, accounting for approx. X% and X% of total exports, respectively. France (X units) ranks next in terms of the total exports with a X% share, followed by Germany (X%), Brazil (X%) and China (X%). The Netherlands (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest electric locomotive supplier from Iceland, comprising X% of global exports. The second position in the ranking was occupied by China ($X), with a X% share of global exports. It was followed by France, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in Germany stood at +X%. In the other countries, the average annual rates were as follows: China (+X% per year) and France (-X% per year).

Export Prices by Country

The electric locomotive export price in Iceland stood at $X per unit in 2018, therefore, remained relatively stable against the previous year. Overall, the electric locomotive export price continues to indicate a relatively flat trend pattern. Iceland export price peaked at $X per unit in 2012; however, from 2013 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced a decline in the export price figures.

Electric Locomotive Imports

Imports by Country

India represented the major importing country with an import of around X units, which reached X% of total imports. Sudan (X units) took the second position in the ranking, followed by the UK (X units) and South Africa (X units). All these countries together held near X% share of total imports. Slovakia (X units), Bangladesh (X units), Belgium (X units), Ethiopia (X units), Zambia (X units) and the United Arab Emirates (X units) held a relatively small share of total imports.

India was also the fastest-growing in terms of the electric locomotives imports, with a CAGR of +X% from 2007 to 2018. At the same time, Sudan (+X%), Bangladesh (+X%), Belgium (+X%), Slovakia (+X%), South Africa (+X%), Zambia (+X%), Ethiopia (+X%) and the UK (+X%) displayed positive paces of growth. By contrast, the United Arab Emirates (-X%) illustrated a downward trend over the same period. While the share of India (+X p.p.), Sudan (+X p.p.), South Africa (+X p.p.), Slovakia (+X p.p.), the UK (+X p.p.), Bangladesh (+X p.p.), Belgium (+X p.p.) and Zambia (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of the United Arab Emirates (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Slovakia ($X) constitutes the largest market for imported electric locomotives into Iceland, comprising X% of global imports. The second position in the ranking was occupied by India ($X), with a X% share of global imports. It was followed by Ethiopia, with a X% share.

In Slovakia, electric locomotive imports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: India (+X% per year) and Ethiopia (+X% per year).

Import Prices by Country

In 2018, the electric locomotive import price in Iceland amounted to $X per unit, remaining constant against the previous year. Over the period under review, the electric locomotive import price continues to indicate a relatively flat trend pattern. Over the period under review, the import prices for electric locomotives reached their maximum at $X per unit in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Slovakia ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Ethiopia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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

Iceland

Data coverage:

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