Report Update Nov 1, 2024

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

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Turkey: Electric Rail Locomotive Market 2024

Electric Rail Locomotive Market Size in Turkey

The Turkish electric rail locomotive market rose modestly to $X in 2022, surging by 3.3% against the previous year. Overall, consumption continues to indicate a modest increase. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Electric Rail Locomotive Production in Turkey

In value terms, electric rail locomotive production amounted to less than $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern.

Electric Rail Locomotive Exports

Exports from Turkey

In 2022, after two years of decline, there was decline in shipments abroad of electric rail locomotives, when their volume decreased by 0% to X units. Over the period under review, exports continue to indicate a precipitous setback. The smallest decline of 99.9% was in 2020. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric rail locomotive exports declined remarkably to $X in 2022. Overall, exports saw a significant decline. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for electric rail locomotive exports from Turkey, with a approx. 100% share of total exports.

From 2019 to 2021, the average annual rate of growth in terms of volume to Germany was relatively modest.

From 2019 to 2021, the average annual rate of growth in terms of value to Germany was relatively modest.

Export Prices by Country

The average electric rail locomotive export price stood at $X per unit in 2021, stabilizing at the previous year. Overall, the export price recorded a significant decrease. The pace of growth was the most pronounced in 2020 a decrease of 99.9%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2019 to 2021, the rate of growth in terms of prices for Germany amounted to 0.0% per year.

Electric Rail Locomotive Imports

Imports into Turkey

In 2016, supplies from abroad of electric rail locomotives was finally on the rise to reach X units for the first time since 2013, thus ending a two-year declining trend. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electric rail locomotive imports contracted dramatically to $X in 2016. In general, imports, however, saw a dramatic decline. The smallest decline of -24.3% was in 2015. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2016, imports failed to regain momentum.

Imports by Country

In 2016, the UK (X units) was the main supplier of electric rail locomotive to Turkey, with a 92% share of total imports. Moreover, electric rail locomotive imports from the UK exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold.

From 2013 to 2016, the average annual growth rate of volume from the UK amounted to +530.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+91.3% per year) and the Czech Republic (-30.7% per year).

In value terms, South Korea ($X) constituted the largest supplier of electric rail locomotives to Turkey, comprising 72% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 16% share of total imports. It was followed by China, with a 12% share.

From 2013 to 2016, the average annual rate of growth in terms of value from South Korea amounted to -81.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-83.0% per year) and China (-9.9% per year).

Import Prices by Country

The average electric rail locomotive import price stood at $X per unit in 2016, dropping by -99.8% against the previous year. In general, the import price faced a sharp downturn. The most prominent rate of growth was recorded in 2015 an increase of 56%. As a result, import price attained the peak level of $X per unit, and then declined remarkably in the following year.

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

From 2013 to 2016, the most notable rate of growth in terms of prices was attained by South Korea (+23.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric rail locomotives in the world?

The countries with the highest volumes of in 2021 were Uzbekistan, China and Norway, together accounting for 76% of global consumption.

What are the largest producers of electric rail locomotives in the world?

China constituted the country with the largest volume of electric rail locomotive production, accounting for 74% of total volume. Moreover, electric rail locomotive production in China exceeded the figures recorded by the second-largest producer, Germany, sixfold. The third position in this ranking was occupied by Japan, with a 2.6% share.

What are the leading suppliers of electric rail locomotives to Turkey?

In value terms, the UK constituted the largest supplier of electric rail locomotive to Turkey.

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

In 2021, the average electric rail locomotive export price amounted to $211 per unit, falling by -99.1% against the previous year.

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

The average electric rail locomotive import price stood at $48,063 per unit in 2021, picking up by 602% against the previous year.

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

Turkey

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Turkey
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023