United Kingdom: Electric Rail Locomotive Market 2025

Electric Rail Locomotive Market Size in the UK

The UK electric rail locomotive market shrank rapidly to $X in 2022, waning by -78.7% against the previous year. Overall, consumption, however, posted a slight expansion. Over the period under review, the market reached the peak level at $X in 2021, and then fell dramatically in the following year.

Electric Rail Locomotive Production in the UK

In value terms, electric rail locomotive production totaled $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 1.2%. Electric rail locomotive production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Electric Rail Locomotive Exports

Exports from the UK

In 2022, electric rail locomotive exports from the UK declined notably to X units, with a decrease of -79.9% on the previous year's figure. Overall, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 2,033% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, electric rail locomotive exports declined sharply to $X in 2022. In general, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 12,561% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units), the Netherlands (X units) and Ireland (X units) were the main destinations of electric rail locomotive exports from the UK, together comprising 60% of total exports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +171.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Spain ($X) appeared to be the largest markets for electric rail locomotive exported from the UK worldwide, together comprising 40% of total exports. The Netherlands, Hong Kong SAR, the Czech Republic, Ireland, Ethiopia and Belgium lagged somewhat behind, together accounting for a further 21%.

The Netherlands, with a CAGR of +169.7%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average electric rail locomotive export price amounted to $X per unit, waning by -2% against the previous year. In general, the export price, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2018 an increase of 1,728%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Ireland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+193.7%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Rail Locomotive Imports

Imports into the UK

In 2022, approx. X units of electric rail locomotives were imported into the UK; falling by -98.1% compared with 2021. Overall, imports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,700% against the previous year. As a result, imports reached the peak of X units, and then shrank dramatically in the following year.

In value terms, electric rail locomotive imports dropped rapidly to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 9,663%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Taiwan (Chinese) (X units), China (X units) and South Africa (X units) were the main suppliers of electric rail locomotive imports to the UK, with a combined 47% share of total imports. The Netherlands, Ireland, Norway, Japan, the United States, Spain and Singapore lagged somewhat behind, together comprising a further 36%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +37.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electric rail locomotive suppliers to the UK were the Netherlands ($X), China ($X) and the United States ($X), with a combined 34% share of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +61.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average electric rail locomotive import price amounted to $X per unit, picking up by 11% against the previous year. In general, the import price, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2019 an increase of 1,895% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+31,833.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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