Electric Locomotive Market Overview in Switzerland
In value terms, electric locomotive production fell significantly to $ in estimated in export prices. Over the period under review, production enjoyed a tangible increase. The growth pace was the most rapid in 2008 when the production volume increased by % y-o-y. Over the period under review, production hit record highs at $ in 2015; however, from 2016 to , production remained at a lower figure.
The revenue of the electric locomotive market in Switzerland skyrocketed to $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a pronounced expansion from 2007 to : its value increased at an average annual rate of +% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the market value increased by % against the previous year. Over the period under review, the market attained the maximum level at $ in 2013; however, from 2014 to , consumption remained at a lower figure.