Switzerland: Electric Locomotive Market 2025

Electric Locomotive Market Size in Switzerland

The Swiss electric locomotive market fell to $X in 2021, declining by -3.5% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Electric Locomotive Production in Switzerland

In value terms, electric locomotive production reduced to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 2.3% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Electric Locomotive Exports

Exports from Switzerland

In 2021, overseas shipments of electric locomotives decreased by -30.4% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 300%. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, electric locomotive exports reduced notably to $X in 2021. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2015 when exports increased by 624%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units), Madagascar (X units) and Slovakia (X units) were the main destinations of electric locomotive exports from Switzerland, with a combined 88% share of total exports. These countries were followed by Austria, which accounted for a further 6.2%. Moreover, electric locomotive exports in Germany exceeded the figures recorded by the second-largest exporter, Madagascar, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for electric locomotives exports from Switzerland, comprising 81% of total exports. The second position in the ranking was taken by Slovakia ($X), with a 13% share of total exports. It was followed by Madagascar, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled -4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+5,516.5% per year) and Madagascar (+521.8% per year).

Export Prices by Country

The average electric locomotive export price stood at $X per unit in 2021, with an increase of 10% against the previous year. Over the period under review, the export price, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when the average export price increased by 142%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Austria ($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 Slovakia (+1,751.6%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Locomotive Imports

Imports into Switzerland

In 2021, approx. X units of electric locomotives were imported into Switzerland; waning by -36.4% against the previous year's figure. Over the period under review, imports saw a deep setback. The pace of growth appeared the most rapid in 2017 with an increase of 971%. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, electric locomotive imports declined dramatically to $X in 2021. In general, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by 1,723%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest electric locomotive supplier to Switzerland, accounting for a 79% share of total imports. Moreover, electric locomotive imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X units), more than tenfold. The third position in this ranking was held by Spain (X units), with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled -7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-24.0% per year) and Spain (-70.7% per year).

In value terms, Germany ($X) constituted the largest supplier of electric locomotives to Switzerland, comprising 96% of total imports. The second position in the ranking was held by Austria ($X), with a 3.6% share of total imports. It was followed by the UK, with a 0.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to -8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+1.2% per year) and the UK (+65.6% per year).

Import Prices by Country

The average electric locomotive import price stood at $X per unit in 2021, which is down by -40.9% against the previous year. In general, the import price showed a noticeable decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 777%. The import price peaked at $X per unit in 2020, and then dropped notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+364.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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