Northern America: Diesel-Electric Locomotive Market 2022

Diesel-Electric Locomotive Market Size in Northern America

In 2021, the North American diesel-electric locomotive market decreased by -16% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption, however, enjoyed a resilient expansion. As a result, consumption reached the peak level of $X, and then dropped significantly in the following year.

Diesel-Electric Locomotive Production in Northern America

In value terms, diesel-electric locomotive production fell remarkably to $X in 2021 estimated in export price. The total production indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +33.4% against 2016 indices. The pace of growth was the most pronounced in 2013 with an increase of 84% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then reduced sharply in the following year.

Diesel-Electric Locomotive Exports

Exports in Northern America

In 2021, exports of diesel-electric locomotives in Northern America fell to X units, reducing by -6% compared with the previous year's figure. In general, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2015 with an increase of 40% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, diesel-electric locomotive exports shrank notably to $X in 2021. Overall, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 51%. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The United States prevails in exports structure, resulting at X units, which was approx. 100% of total exports in 2021. It was distantly followed by , mixing up a 0% share of total exports.

The United States was also the fastest-growing in terms of the diesel-electric locomotives exports, with a CAGR of -8.4% from 2012 to 2021. Canada (-23.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States increased by +9.3 percentage points. Canada (-9.3 p.p.) saw their shares reduced.

In value terms, the United States ($X) remains the largest diesel-electric locomotive supplier in Northern America, comprising 99.9% of total exports. The second position in the ranking was taken by Canada ($X), with less than 0.1% share of total exports.

In the United States, diesel-electric locomotive exports shrank by an average annual rate of -11.4% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per unit, declining by -34.2% against the previous year. In general, the export price saw a perceptible reduction. The most prominent rate of growth was recorded in 2020 when the export price increased by 24% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, 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 United States.

From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to -0.2% per year.

Diesel-Electric Locomotive Imports

Imports in Northern America

In 2021, overseas purchases of diesel-electric locomotives were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, faced a sharp contraction. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, diesel-electric locomotive imports soared to $X in 2021. Overall, imports, however, showed a dramatic setback. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X units) and Canada (X units) dominates imports structure, together creating 100% of total imports. It was followed by the United States (X units) and Canada (X units), together mixing up a 100% share of total imports.

From 2012 to 2021, diesel-electric locomotive imports into expanded with a Canada of -16.3%, while the United States (-37.2%) experienced a dramatic descent unchanged over the same period. Canada (-16.3%) and the United States (-37.2%) illustrated a downward trend over the same period. While the share of Canada (+45 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of the United States (-44.9 p.p.) displayed negative dynamics.

In value terms, Canada ($X) constitutes the largest market for imported diesel-electric locomotives in Northern America, comprising 98% of total imports. The second position in the ranking was held by the United States ($X), with a 2.2% share of total imports.

In Canada, diesel-electric locomotive imports shrank by an average annual rate of -22.5% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2021, approximately reflecting the previous year. Over the period under review, the import price showed a abrupt decrease. The growth pace was the most rapid in 2013 an increase of 0.2% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Canada ($X per unit), while the United States totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-7.4%).

Source: IndexBox Platform

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