SADC: Electric Rail Locomotive Market 2025

Electric Rail Locomotive Market Size in SADC

The SADC electric rail locomotive market soared to $X in 2022, increasing by 16% against the previous year. In general, consumption, however, continues to indicate a slight decrease. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Electric Rail Locomotive Production in SADC

In value terms, electric rail locomotive production declined slightly to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by 19%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Electric Rail Locomotive Exports

Exports in SADC

In 2022, shipments abroad of electric rail locomotives increased by 255% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2014 when exports increased by 3,542%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, electric rail locomotive exports soared to $X in 2022. In general, exports continue to indicate modest growth. The pace of growth was the most pronounced in 2018 with an increase of 5,388% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

South Africa prevails in exports structure, finishing at X units, which was near 95% of total exports in 2022. The following exporters - Namibia (X units) and Tanzania (X units) - each finished at a 5.1% share of total exports.

South Africa was also the fastest-growing in terms of the electric rail locomotives exports, with a CAGR of +22.2% from 2012 to 2022. Tanzania and Namibia experienced a relatively flat trend pattern. South Africa (+53 p.p.) significantly strengthened its position in terms of the total exports, while Tanzania and Namibia saw its share reduced by -5.8% and -5.8% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest electric rail locomotive supplier in SADC, comprising 33% of total exports. The second position in the ranking was taken by Tanzania ($X), with a 2.5% share of total exports.

In South Africa, electric rail locomotive exports increased at an average annual rate of +4.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Tanzania (+21.6% per year) and Namibia (-10.1% per year).

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, with a decrease of -58.8% against the previous year. In general, the export price recorded a abrupt descent. The growth pace was the most rapid in 2018 when the export price increased by 2,187%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($X per unit), while Namibia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+21.6%), while the other leaders experienced a decline in the export price figures.

Electric Rail Locomotive Imports

Imports in SADC

In 2022, electric rail locomotive imports in SADC soared to X units, rising by 35% on the previous year. Overall, imports, however, recorded a noticeable downturn. The most prominent rate of growth was recorded in 2013 with an increase of 3,228%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, electric rail locomotive imports shrank notably to $X in 2022. In general, imports, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2013 with an increase of 607% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

South Africa (X units) and Madagascar (X units) prevails in imports structure, together committing 90% of total imports. The following importers - Mozambique (X units), Zambia (X units) and Angola (X units) - together made up 6.8% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Madagascar (with a CAGR of +72.0%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Madagascar ($X) constitutes the largest market for imported electric rail locomotives in SADC, comprising 87% of total imports. The second position in the ranking was held by Zambia ($X), with a 9.4% share of total imports. It was followed by Mozambique, with a 1% share.

In Madagascar, electric rail locomotive imports expanded at an average annual rate of +213.5% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Zambia (-6.6% per year) and Mozambique (-15.2% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, which is down by -43.3% against the previous year. Over the period under review, the import price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2019 when the import price increased by 272%. The level of import peaked at $X per unit in 2021, and then contracted remarkably in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Zambia ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Madagascar (+82.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform