Romania: Electric Locomotive Market 2025

Electric Locomotive Market Size in Romania

In 2021, the Romanian electric locomotive market decreased by -79.2% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption continues to indicate a abrupt slump. As a result, consumption attained the peak level of $X, and then dropped dramatically in the following year.

Electric Locomotive Production in Romania

In value terms, electric locomotive production totaled $X in 2021 estimated in export price. Overall, production, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2016 with an increase of 1.7%. Electric locomotive production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Electric Locomotive Exports

Exports from Romania

In 2021, approx. X units of electric locomotives were exported from Romania; which is down by -56.9% compared with the previous year. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 325% against the previous year. The exports peaked at X units in 2020, and then contracted remarkably in the following year.

In value terms, electric locomotive exports fell remarkably to $X in 2021. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2018 with an increase of 358% against the previous year. The exports peaked at $X in 2020, and then reduced dramatically in the following year.

Exports by Country

Sweden (X units) was the main destination for electric locomotive exports from Romania, accounting for a 66% share of total exports. Moreover, electric locomotive exports to Sweden exceeded the volume sent to the second major destination, Hungary (X units), twofold.

From 2012 to 2021, the average annual growth rate of volume to Sweden amounted to +29.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+10.7% per year) and Austria (-39.2% per year).

In value terms, Sweden ($X) remains the key foreign market for electric locomotives exports from Romania, comprising 72% of total exports. The second position in the ranking was taken by Hungary ($X), with a 28% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden stood at +4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (-3.2% per year) and Austria (-51.8% per year).

Export Prices by Country

The average electric locomotive export price stood at $X per unit in 2021, waning by -1.8% against the previous year. Over the period under review, the export price showed a pronounced decrease. The most prominent rate of growth was recorded in 2018 when the average export price increased by 34%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Austria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+2.8%), while the prices for the other major destinations experienced a decline.

Electric Locomotive Imports

Imports into Romania

After two years of growth, purchases abroad of electric locomotives decreased by -97.6% to X units in 2021. Over the period under review, imports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 4,643% against the previous year. As a result, imports attained the peak of X units, and then fell sharply in the following year.

In value terms, electric locomotive imports dropped rapidly to $X in 2021. In general, imports showed a deep slump. The pace of growth appeared the most rapid in 2016 when imports increased by 1,221%. Over the period under review, imports hit record highs at $X in 2020, and then contracted remarkably in the following year.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of electric locomotive to Romania, with a 63% share of total imports. Moreover, electric locomotive imports from Germany exceeded the figures recorded by the second-largest supplier, Bulgaria (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to -97.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (-98.4% per year) and the Netherlands (0.0% per year).

In value terms, Germany ($X) constituted the largest supplier of electric locomotives to Romania, comprising 83% of total imports. The second position in the ranking was held by Bulgaria ($X), with a 13% share of total imports. It was followed by Hungary, with a 3.7% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled -98.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (-98.8% per year) and Hungary (+73.4% per year).

Import Prices by Country

In 2021, the average electric locomotive import price amounted to $X per unit, reducing by -23.7% against the previous year. Over the period under review, the import price faced a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 1,040% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+95.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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