Report Update Jan 1, 2025

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

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Portugal: Electric Locomotive Market 2025

Electric Locomotive Market Size in Portugal

After three years of growth, the Portuguese electric locomotive market decreased by -81.9% to $X in 2021. In general, consumption continues to indicate a deep reduction. Electric locomotive consumption peaked at $X in 2020, and then reduced markedly in the following year.

Electric Locomotive Production in Portugal

In value terms, electric locomotive production contracted to $X in 2021 estimated in export price. Overall, the total production indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +4.1% 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 +50.5% against 2014 indices. The pace of growth was the most pronounced in 2020 with an increase of 27%. As a result, production reached the peak level of $X, and then declined in the following year.

Electric Locomotive Exports

Exports from Portugal

In 2021, approx. X units of electric locomotives were exported from Portugal; remaining relatively unchanged against 2020 figures. Overall, exports recorded a prominent increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, electric locomotive exports stood at $X in 2021. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 284% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for electric locomotive exports from Portugal, accounting for a 75% share of total exports. Moreover, electric locomotive exports to the United States exceeded the volume sent to the second major destination, Spain (X units), threefold.

From 2012 to 2021, the average annual growth rate of volume to the United States was relatively modest.

From 2012 to 2021, the average annual growth rate of value to the United States was relatively modest.

Export Prices by Country

The average electric locomotive export price stood at $X per unit in 2021, standing approx. at the previous year. Overall, the export price saw a significant increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 483%. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Spain stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+18.1%), while the prices for the other major destinations experienced a decline.

Electric Locomotive Imports

Imports into Portugal

In 2019, the amount of electric locomotives imported into Portugal soared to X units, with an increase of 100% on 2018. Overall, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electric locomotive imports plummeted to $X in 2019. Over the period under review, imports, however, showed a sharp descent. The most prominent rate of growth was recorded in 2016 with an increase of 3.4%. Imports peaked at $X in 2013; however, from 2014 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, the Netherlands (X units) was the main supplier of electric locomotive to Portugal, with a approx. 100% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of volume from the Netherlands was relatively modest.

In value terms, the Netherlands ($X) constituted the largest supplier of electric locomotives to Portugal.

From 2012 to 2019, the average annual rate of growth in terms of value from the Netherlands totaled -9.3%.

Import Prices by Country

In 2019, the average electric locomotive import price amounted to $X per unit, declining by -74.3% against the previous year. In general, the import price saw a abrupt decrease. The growth pace was the most rapid in 2016 an increase of 34% against the previous year. The import price peaked at $X per unit in 2018, and then shrank significantly in the following year.

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

From 2013 to 2019, the rate of growth in terms of prices for the Netherlands amounted to -10.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The country with the largest volume of electric locomotive consumption was India, comprising approx. 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?

India remains the largest electric locomotive producing country worldwide, 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 Portugal?

In value terms, Spain constituted the largest supplier of electric locomotive to Portugal.

What are the leading importers of electric locomotives from Portugal?

In value terms, Angola remains the key foreign market for electric locomotive exports from Portugal.

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

The average electric locomotive export price stood at $3,298 per unit in 2017, rising by 2.5% against the previous year.

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

The average electric locomotive import price stood at $5,145 per unit in 2019, surging by 12% against the previous year.

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

Portugal

Data coverage:

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