Report Update Feb 1, 2025

Southern Asia - Electric Rail Locomotives - Market Analysis, Forecast, Size, Trends and Insights

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Southern Asia: Electric Rail Locomotive Market 2025

Electric Rail Locomotive Exports

Exports in Southern Asia

In 2022, the amount of electric rail locomotives exported in Southern Asia stood at X units, remaining relatively unchanged against the year before. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 60% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, electric rail locomotive exports stood at $X in 2022. Overall, exports recorded significant growth. The growth pace was the most rapid in 2017 with an increase of 734,363%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

India dominates exports structure, finishing at X units, which was approx. 92% of total exports in 2022. It was distantly followed by Bangladesh (X units), achieving an 8.3% share of total exports.

India was also the fastest-growing in terms of the electric rail locomotives exports, with a CAGR of +4.1% from 2012 to 2022. Bangladesh experienced a relatively flat trend pattern. India (+91 p.p.) and Bangladesh (+7.3 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Bangladesh ($X) and India ($X) appeared to be the countries with the highest levels of exports in 2022.

In terms of the main exporting countries, Bangladesh, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, remaining relatively unchanged against the previous year. In general, the export price saw significant growth. The most prominent rate of growth was recorded in 2017 when the export price increased by 458,939%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bangladesh ($X per unit), while India totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-6.7%).

Electric Rail Locomotive Imports

Imports in Southern Asia

In 2022, electric rail locomotive imports in Southern Asia declined dramatically to X units, falling by -64.5% against 2021 figures. In general, imports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 230%. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, electric rail locomotive imports dropped sharply to $X in 2022. Over the period under review, imports, however, showed a mild expansion. The pace of growth was the most pronounced in 2018 with an increase of 998%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The purchases of the one major importers of electric rail locomotives, namely Bangladesh, represented more than two-thirds of total import.

Bangladesh was also the fastest-growing in terms of the electric rail locomotives imports, with a CAGR of -25.9% from 2012 to 2022. Bangladesh (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Bangladesh ($X) constitutes the largest market for imported electric rail locomotives in Southern Asia.

In Bangladesh, electric rail locomotive imports expanded at an average annual rate of +8.4% over the period from 2012-2022.

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, growing by 62% against the previous year. In general, the import price showed a significant expansion. The growth pace was the most rapid in 2018 an increase of 569% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Bangladesh amounted to +46.3% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric rail locomotives in Southern Asia?

India remains the largest electric rail locomotive consuming country in Southern Asia, accounting for 96% of total volume. Moreover, electric rail locomotive consumption in India exceeded the figures recorded by the second-largest consumer, Bangladesh, more than tenfold.

What are the largest producers of electric rail locomotives in Southern Asia?

Bangladesh constituted the country with the largest volume of electric rail locomotive production, comprising approx. 100% of total volume.

What are the leading suppliers of electric rail locomotives in Southern Asia?

In value terms, India remains the largest electric rail locomotive supplier in Southern Asia.

What are the leading importers of electric rail locomotives in Southern Asia?

In value terms, India constitutes the largest market for imported electric rail locomotives in Southern Asia, comprising 87% of total imports. The second position in the ranking was occupied by Bangladesh, with a 13% share of total imports.

What is the average export price for electric rail locomotives in Southern Asia?

The export price in Southern Asia stood at $2,781 per unit in 2021, reducing by -14.3% against the previous year.

What is the average import price for electric rail locomotives in Southern Asia?

In 2021, the import price in Southern Asia amounted to $6,710 per unit, picking up by 29% against the previous year.

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

Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Southern Asia, split by region and country
Trade (exports and imports) in Southern Asia
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
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, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Imports, In Physical Terms, By Country, 2012–2024
7. Imports, In Value Terms, By Country, 2012–2024
8. Import Prices, By Country Of Destination, 2012–2024
9. Exports, In Physical Terms, By Country, 2012–2024
10. Exports, In Value Terms, By Country, 2012–2024
11. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2024
18. Production, In Value Terms, 2012–2024
19. Production, By Country, 2024
20. Production, In Physical Terms, By Country, 2012–2024
21. Imports, In Physical Terms, 2012–2024
22. Imports, In Value Terms, 2012–2024
23. Imports, In Physical Terms, By Country, 2024
24. Imports, In Physical Terms, By Country, 2012–2024
25. Imports, In Value Terms, By Country, 2012–2024
26. Import Prices, By Country, 2012–2024
27. Exports, In Physical Terms, 2012–2024
28. Exports, In Value Terms, 2012–2024
29. Exports, In Physical Terms, By Country, 2024
30. Exports, In Physical Terms, By Country, 2012–2024
31. Exports, In Value Terms, By Country, 2012–2024
32. Export Prices, 2012–2024