Report Update Nov 1, 2024

Ukraine - Electric Locomotives - Market Analysis, Forecast, Size, Trends and Insights

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Ukraine: Electric Locomotive Market 2024

Electric Locomotive Market Size in Ukraine

The Ukrainian electric locomotive market reduced to $X in 2021, with a decrease of -13.5% against the previous year. Overall, consumption, however, continues to indicate a significant increase. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Electric Locomotive Production in Ukraine

In value terms, electric locomotive production fell modestly to $X in 2021 estimated in export price. Over the period under review, production saw a noticeable slump. The most prominent rate of growth was recorded in 2013 with an increase of 77%. Electric locomotive production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Electric Locomotive Exports

Exports from Ukraine

In 2021, approx. X units of electric locomotives were exported from Ukraine; declining by -50% on 2020 figures. Over the period under review, exports continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2019 with an increase of 233%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, electric locomotive exports reduced markedly to $X in 2021. Overall, exports showed a sharp descent. The most prominent rate of growth was recorded in 2019 when exports increased by 170%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Vietnam (X units) and Uzbekistan (X units) were the main destinations of electric locomotive exports from Ukraine. Moreover, electric locomotive exports in Vietnam exceeded the figures recorded by the second-largest exporter, Uzbekistan, twofold.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of -7.4%).

In value terms, Georgia ($X), Latvia ($X) and Uzbekistan ($X) appeared to be the largest markets for electric locomotive exported from Ukraine worldwide, together accounting for 88% of total exports.

Among the main countries of destination, Latvia, with a CAGR of -15.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average electric locomotive export price stood at $X per unit in 2021, reducing by -62.3% against the previous year. In general, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of 65%. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($X per unit), while the average price for exports to Vietnam ($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 Latvia (+9.0%), while the prices for the other major destinations experienced mixed trend patterns.

Electric Locomotive Imports

Imports into Ukraine

In 2021, purchases abroad of electric locomotives decreased by -81.8% to X units for the first time since 2017, thus ending a three-year rising trend. In general, imports continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2016 when imports increased by 300% against the previous year. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, electric locomotive imports contracted markedly to $X in 2021. Over the period under review, imports faced a dramatic setback. The growth pace was the most rapid in 2020 when imports increased by 201%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Russia (X units) constituted the largest supplier of electric locomotive to Ukraine, accounting for a approx. 50% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to -29.1%.

In value terms, Russia ($X) constituted the largest supplier of electric locomotives to Ukraine, comprising 41% of total imports. The second position in the ranking was held by Georgia ($X), with a 12% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Russia amounted to -31.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Georgia (-44.9% per year) and China (-13.7% per year).

Import Prices by Country

The average electric locomotive import price stood at $X per unit in 2021, jumping by 38% against the previous year. Over the period under review, the import price, however, continues to indicate a deep downturn. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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 Georgia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-5.5%), 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 locomotives in the world?

India constituted the country with the largest volume of electric locomotive consumption, accounting for 30% of total volume. Moreover, electric locomotive consumption in India exceeded the figures recorded by the second-largest consumer, Japan, fourfold. Saudi Arabia ranked third in terms of total consumption with a 5.4% share.

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

India constituted the country with the largest volume of electric locomotive production, accounting for 35% of total volume. Moreover, electric locomotive production in India exceeded the figures recorded by the second-largest producer, Germany, threefold. Japan ranked third in terms of total production with an 8.3% share.

What are the leading suppliers of electric locomotives to Ukraine?

In value terms, the largest electric locomotive suppliers to Ukraine were Russia and Germany.

What are the leading importers of electric locomotives from Ukraine?

In value terms, Uzbekistan and Vietnam constituted the largest markets for electric locomotive exported from Ukraine worldwide.

What is the average export price for electric locomotives in Ukraine?

The average electric locomotive export price stood at $63,934 per unit in 2021, falling by -24.9% against the previous year.

What is the average import price for electric locomotives in Ukraine?

In 2021, the average electric locomotive import price amounted to $332 per unit, picking up by 10% against the previous year.

This report provides an in-depth analysis of the electric locomotive market in Ukraine. 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
Prodcom 30201300 - Other rail locomotives, locomotive tenders

Country coverage:

Ukraine

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ukraine
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