Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Belgium - 2023

Contents:

1. Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Belgium (CIF) - 2022
2. Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Belgium (FOB) - 2022
3. Imports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Belgium
4. Exports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Belgium

Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Belgium (CIF) - 2022

The average import price for rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $172,808 per unit in 2022, stabilizing at the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 43% against the previous year. The import price peaked at $238,573 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($179,378 per unit), while the price for Germany ($1,985 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (-0.2%), while the prices for the other major suppliers experienced a decline.

Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Belgium (FOB) - 2022

In 2022, the average export price for rail locomotives and locomotive tenders; other than diesel-electric powereds amounted to $50,332 per unit, declining by -74.3% against the previous year. Over the period under review, the export price saw a deep contraction. The pace of growth was the most pronounced in 2020 when the average export price increased by 1,391% against the previous year. Over the period under review, the average export prices attained the peak figure at $195,879 per unit in 2021, and then fell markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($300,927 per unit), while the average price for exports to Peru ($26 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 Mexico (+20,008.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Belgium

Imports of rail locomotives and locomotive tenders; other than diesel-electric powereds into Belgium shrank sharply to 28 units in 2022, with a decrease of -41.7% compared with 2021 figures. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 336%. As a result, imports attained the peak of 48 units, and then declined sharply in the following year.

In value terms, imports of rail locomotives and locomotive tenders; other than diesel-electric powereds declined dramatically to $4.8M in 2022. Overall, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 253%. As a result, imports reached the peak of $8.2M, and then declined sharply in the following year.

Top Suppliers of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered to Belgium in 2022:

1. Spain (18.0 units)
2. Ireland (9.0 units)
3. Germany (1.0 units)
4. China (1.0 units)
5. France (1.0 units)

Exports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Belgium

After three years of growth, shipments abroad of rail locomotives and locomotive tenders; other than diesel-electric powereds decreased by -80.4% to 9 units in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 400%. The exports peaked at 46 units in 2021, and then shrank significantly in the following year.

In value terms, exports of rail locomotives and locomotive tenders; other than diesel-electric powereds fell dramatically to $454K in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 6,356%. The exports peaked at $9.1M in 2021, and then fell dramatically in the following year.

Top Export Markets for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered from Belgium in 2022:

1. Canada (1.0 units)
2. Saudi Arabia (1.0 units)
3. Australia (1.0 units)
4. Mexico (1.0 units)
5. Indonesia (1.0 units)
6. India (1.0 units)
7. France (1.0 units)
8. United Kingdom (1.0 units)
9. Morocco (1.0 units)
10. Netherlands (1.0 units)
11. China (1.0 units)
12. Peru (1.0 units)
13. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform