Report Update Nov 1, 2024

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

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New Zealand: Electric Rail Locomotive Market 2024

Electric Rail Locomotive Market Size in New Zealand

After five years of growth, the New Zealand electric rail locomotive market decreased by -47.2% to $X in 2022. Overall, consumption showed a dramatic setback. Electric rail locomotive consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Electric Rail Locomotive Exports

Exports from New Zealand

In 2017, exports of electric rail locomotives from New Zealand totaled X units, standing approx. at the year before. Over the period under review, exports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2016. The exports peaked in 2017 and are expected to retain growth in years to come.

In value terms, electric rail locomotive exports stood at $X in 2017. Overall, exports showed a sharp decrease. The smallest decline of 99.9% was in 2016. The exports peaked at $X in 2015; however, from 2016 to 2017, the exports failed to regain momentum.

Exports by Country

Australia (X units) was the main destination for electric rail locomotive exports from New Zealand, with a approx. 100% share of total exports.

From 2015 to 2017, the average annual growth rate of volume to Australia was relatively modest.

From 2015 to 2017, the average annual rate of growth in terms of value to Australia totaled -66.0%.

Export Prices by Country

The average electric rail locomotive export price stood at $X per unit in 2017, therefore, remained relatively stable against the previous year. Overall, the export price showed a precipitous curtailment. The most prominent rate of growth was recorded in 2016 a decrease of 99.9% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2017, the export prices remained at a lower figure.

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

From 2015 to 2017, the rate of growth in terms of prices for Australia amounted to -66.0% per year.

Electric Rail Locomotive Imports

Imports into New Zealand

In 2022, after five years of growth, there was significant decline in supplies from abroad of electric rail locomotives, when their volume decreased by -66.7% to X units. Over the period under review, imports saw a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 400%. Imports peaked at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, electric rail locomotive imports declined remarkably to $X in 2022. Overall, imports saw a dramatic setback. The growth pace was the most rapid in 2021 with an increase of 684% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Korea (X units) constituted the largest electric rail locomotive supplier to New Zealand, accounting for a 80% share of total imports. Moreover, electric rail locomotive imports from South Korea exceeded the figures recorded by the second-largest supplier, Australia (X units), fourfold.

From 2015 to 2022, the average annual rate of growth in terms of volume from South Korea totaled -38.7%.

In value terms, South Korea ($X) constituted the largest supplier of electric rail locomotives to New Zealand, comprising 76% of total imports. The second position in the ranking was taken by Australia ($X), with a 24% share of total imports.

From 2015 to 2022, the average annual rate of growth in terms of value from South Korea stood at -28.1%.

Import Prices by Country

The average electric rail locomotive import price stood at $X per unit in 2022, increasing by 69% against the previous year. Overall, the import price enjoyed a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per unit), while the price for South Korea amounted to $X per unit.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+44.9%).

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 comprising 76% of global consumption.

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

China constituted the country with the largest volume of electric rail locomotive production, comprising approx. 74% of total volume. Moreover, electric rail locomotive production in China exceeded the figures recorded by the second-largest producer, Germany, sixfold. Japan ranked third in terms of total production with a 2.6% share.

What are the leading suppliers of electric rail locomotives to New Zealand?

In value terms, Australia constituted the largest supplier of electric rail locomotive to New Zealand.

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

The average electric rail locomotive export price stood at $44,434 per unit in 2015, therefore, remained relatively stable against the previous year.

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

In 2020, the average electric rail locomotive import price amounted to $4,326 per unit, dropping by -68% against the previous year.

This report provides an in-depth analysis of the electric rail locomotive market in New Zealand. 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:

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023