In 2024, the import of externally electrically powered rail locomotives to Germany is projected to increase from the 2023 figure of approximately 1.53 million kilograms. The consistent growth through to 2028 shows a stable increase in import volumes, reflecting an annual compound growth rate (CAGR) trend over the five-year forecast period.
Key future trends to watch for include:
- The impact of Germany's ongoing transition to sustainable and electrically powered transportation solutions, likely driving further demand in the locomotive sector.
- Technological advancements and policy changes in the global rail industry, influencing import dynamics.
- Fluctuations in manufacturing capabilities and trade relations within the European Union that may affect supply chains.