Report Update Mar 1, 2025

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

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Iraq: Electric Locomotive Market 2025

Electric Locomotive Market Size in Iraq

The Iraqi electric locomotive market stood at less than $X in 2021, leveling off at 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). Over the period under review, consumption recorded a relatively flat trend pattern.

Electric Locomotive Exports

Exports from Iraq

In 2021, electric locomotive exports from Iraq was estimated at less than X units, remaining relatively unchanged against the previous year. Over the period under review, exports saw a relatively flat trend pattern.

In value terms, electric locomotive exports stood at less than $X in 2021. Overall, exports showed a relatively flat trend pattern.

Exports by Country

South Korea (X units) and Germany (X units) represented the key exporters of electric locomotives in 2021, accounting for approx. 70% and 0.1% of total exports, respectively. Kazakhstan (X units) held a 25% share (based on physical terms) of total exports, which put it in second place, followed by the UK (1.1%) and Austria (0.1%). Sweden (X units) and Spain (X units) held a relatively small share of total exports.

From 2012 to 2021, electric locomotive exports from expanded with a South Korea of +91.1%, while Germany (-37.8%) experienced a sharp slump unchanged over the same period. At the same time, Sweden (+57.6%), Kazakhstan (+44.5%) and the UK (+8.4%) displayed positive paces of growth. By contrast, Austria (-7.4%) and Spain (-14.3%) illustrated a downward trend over the same period. While the share of South Korea (+68 p.p.), Kazakhstan (+19 p.p.) and Sweden (+1.8 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Austria (-1.7 p.p.), the UK (-2.5 p.p.), Spain (-5.1 p.p.) and Germany (-71.1 p.p.) displayed negative dynamics.

In value terms, Germany ($X) remains the largest electric locomotive supplier from Iraq, comprising 36% of global exports. The second position in the ranking was taken by South Korea ($X), with a 14% share of global exports. It was followed by Spain, with a 9.4% share.

From 2012 to 2021, the average annual growth rate of value in Germany totaled +1.3%. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (+28.8% per year) and Spain (+21.8% per year).

Export Prices by Country

In 2021, the export price in Iraq amounted to less than $X per thousand units, remaining constant against the previous year. Over the period under review, the export price saw a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per thousand units), while South Korea ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+62.8%), while the other leaders experienced more modest paces of growth.

Electric Locomotive Imports

Imports into Iraq

In 2021, approx. less than X units of electric locomotives were imported into Iraq; remaining relatively unchanged against the previous year's figure. In general, imports recorded a relatively flat trend pattern.

In value terms, electric locomotive imports stood at $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. Iraq imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

The countries with the highest levels of electric locomotive imports in 2021 were Morocco (X units), Ireland (X units), Singapore (X units), Nigeria (X units), Indonesia (X units) and the UK (less than X units), together finishing at 76% of total import. It was distantly followed by South Africa (X units), constituting a 0.2% share of total imports. Kazakhstan (X units), Egypt (X units), Israel (X units), Poland (X units), Bangladesh (X units) and Germany (X units) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Israel (with a CAGR of +100.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electric locomotive importing markets into Iraq were Singapore ($X), Germany ($X) and Poland ($X), together comprising 19% of total imports. These countries were followed by Morocco, Kazakhstan, Israel, Bangladesh, the UK, Ireland, Indonesia, Egypt, South Africa and Nigeria, which together accounted for a further 17%.

Bangladesh, with a CAGR of +202.1%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Iraq amounted to less than $X per thousand units, remaining constant against the previous year. Overall, the import price saw a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per thousand units), while Nigeria ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+183.7%), while the other leaders experienced more modest paces of growth.

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, accounting for 30% of total volume. Moreover, electric locomotive consumption in India exceeded the figures recorded by the second-largest consumer, Japan, fourfold. Saudi Arabia ranked third in terms of total consumption with a 5.4% share.

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

The country with the largest volume of electric locomotive production was India, accounting for 35% of total volume. Moreover, electric locomotive production in India exceeded the figures recorded by the second-largest producer, Germany, threefold. The third position in this ranking was occupied by Japan, with an 8.3% share.

What are the leading suppliers of electric locomotives to Iraq?

In value terms, the largest electric locomotive importing markets into Iraq were Ireland, Uzbekistan and Azerbaijan, together accounting for 24% of total imports.

What are the leading importers of electric locomotives from Iraq?

In value terms, Germany remains the largest electric locomotive supplier from Iraq, comprising 37% of global exports. The second position in the ranking was occupied by France, with an 11% share of global exports. It was followed by Spain, with a 9.6% share.

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

The electric locomotive export price in Iraq stood at $less than 0.1 per thousand units in 2021, stabilizing at the previous year.

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

In 2021, the electric locomotive import price in Iraq amounted to $less than 0.1 per thousand units, almost unchanged from the previous year.

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

Iraq

Data coverage:

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