Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Canada - 2024

Contents:

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

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

In 2022, the average import price for rail locomotives and locomotive tenders; other than diesel-electric powereds amounted to $181,093 per unit, with a decrease of -14.3% against the previous year. Over the period under review, the import price, however, recorded a noticeable expansion. The growth pace was the most rapid in 2019 an increase of 19%. As a result, import price reached the peak level of $246,424 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($201,167 per unit), while the price for the United States ($176,616 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+64.3%).

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

In 2022, the average export price for rail locomotives and locomotive tenders; other than diesel-electric powereds amounted to $6,966 per unit, shrinking by -75.7% against the previous year. Over the period under review, the export price faced a precipitous descent. The pace of growth was the most pronounced in 2014 when the average export price increased by 116%. Over the period under review, the average export prices reached the maximum at $273,831 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +127.5% per year.

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

Imports of rail locomotives and locomotive tenders; other than diesel-electric powereds into Canada surged to 20 units in 2022, rising by 400% against the previous year's figure. Overall, imports, however, faced a significant decline. Imports peaked at 54 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of rail locomotives and locomotive tenders; other than diesel-electric powereds soared to $3.6M in 2022. In general, imports, however, continue to indicate a dramatic downturn. Over the period under review, imports of hit record highs at $13M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.1N/A0.83.012.6%
Germany11.2N/AN/A0.4-67.1%
AustriaN/AN/AN/A0.20%
OthersN/AN/AN/AN/A0%
Total13.3N/A0.83.6-35.3%

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

  1. United States (17.0 units)
  2. Germany (2.0 units)
  3. Austria (1.0 units)

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

Exports of rail locomotives and locomotive tenders; other than diesel-electric powereds from Canada skyrocketed to 7 units in 2022, picking up by 133% against the previous year's figure. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of rail locomotives and locomotive tenders; other than diesel-electric powereds declined dramatically to $49K in 2022. In general, exports, however, faced a sharp descent. Over the period under review, the exports of attained the maximum at $224K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A3.30%
Chile224N/AN/AN/A0%
ItalyN/AN/A94.6N/A0%
OthersN/AN/AN/A45.50%
Total224N/A94.648.8-39.8%

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

  1. United Kingdom (4.0 units)

Source: IndexBox Market Intelligence Platform

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