
Sweden - Electric Rail Locomotives - Market Analysis, Forecast, Size, Trends and Insights
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Electric Rail Locomotive Market Size in Sweden
The Swedish electric rail locomotive market declined rapidly to $X in 2022, shrinking by -85.4% against the previous year. Over the period under review, consumption showed a deep contraction. As a result, consumption attained the peak level of $X, and then declined notably in the following year.
Electric Rail Locomotive Production in Sweden
In value terms, electric rail locomotive production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when the production volume increased by 14%. As a result, production reached the peak level of $X; afterwards, it flattened through to 2022.
Electric Rail Locomotive Exports
Exports from Sweden
In 2021, exports of electric rail locomotives from Sweden skyrocketed to X units, increasing by 80% compared with the previous year's figure. Overall, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of 200%. Over the period under review, the exports attained the peak figure at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.
In value terms, electric rail locomotive exports skyrocketed to $X in 2021. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of 603% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Norway (X units) was the main destination for electric rail locomotive exports from Sweden, with a 89% share of total exports. Moreover, electric rail locomotive exports to Norway exceeded the volume sent to the second major destination, the UK (X units), eightfold.
From 2012 to 2021, the average annual rate of growth in terms of volume to Norway totaled +16.7%.
In value terms, Norway ($X) remains the key foreign market for electric rail locomotives exports from Sweden, comprising 100% of total exports. The second position in the ranking was taken by the UK ($X), with a 0.3% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Norway stood at +22.2%.
Export Prices by Country
In 2021, the average electric rail locomotive export price amounted to $X per unit, declining by -30% against the previous year. Overall, the export price, however, saw measured growth. The growth pace was the most rapid in 2016 an increase of 368% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to the UK stood at $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+4.7%).
Electric Rail Locomotive Imports
Imports into Sweden
In 2022, approx. X units of electric rail locomotives were imported into Sweden; which is down by -94.4% compared with 2021. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 468% against the previous year. As a result, imports reached the peak of X units, and then declined remarkably in the following year.
In value terms, electric rail locomotive imports contracted markedly to $X in 2022. Over the period under review, imports recorded a abrupt decrease. The growth pace was the most rapid in 2017 with an increase of 608%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.
Imports by Country
Spain (X units), Romania (X units) and Norway (X units) were the main suppliers of electric rail locomotive imports to Sweden, together accounting for 99.9% of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +26.0%), while imports for the other leaders experienced a decline.
In value terms, Romania ($X) constituted the largest supplier of electric rail locomotives to Sweden, comprising 62% of total imports. The second position in the ranking was taken by Spain ($X), with a 25% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value from Romania stood at +17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-59.2% per year) and Norway (-16.8% per year).
Import Prices by Country
The average electric rail locomotive import price stood at $X per unit in 2022, jumping by 649% against the previous year. Over the period under review, the import price, however, saw a abrupt slump. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (-0.4%), while the prices for the other major suppliers experienced a decline.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the electric rail locomotive market in Sweden. 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:
- Sweden
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sweden
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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