Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in China - 2023
Contents:
- Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in China (CIF) - 2023
- Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in China (FOB) - 2022
- Imports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in China
- Exports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in China
Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in China (CIF) - 2023
In December 2023, the average import price for rail locomotives and locomotive tenders; other than diesel-electric powereds amounted to $285K per unit, growing by 5.3% against the previous month. Overall, import price indicated a modest increase from December 2022 to December 2023: its price increased at an average monthly rate of +1.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for rail locomotives and locomotive tenders; other than diesel-electric powereds increased by +34.9% against October 2023 indices. The most prominent rate of growth was recorded in February 2023 an increase of 88% against the previous month. As a result, import price reached the peak level of $477K per unit. From March 2023 to December 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for the Czech Republic.
From December 2022 to December 2023, the rate of growth in terms of prices for the Czech Republic amounted to +1.2% per month.
Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in China (FOB) - 2022
The average export price for rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $29,935 per unit in 2022, reducing by -95.4% against the previous year. Over the period under review, the export price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 an increase of 1,443%. As a result, the export price reached the peak level of $1,426,897 per unit. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($19,494 per unit), while the average price for exports to Indonesia ($2,102 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 Sudan (-20.7%), while the prices for the other major destinations experienced a decline.
Imports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in China
In 2022, the amount of rail locomotives and locomotive tenders; other than diesel-electric powereds imported into China rose to 87 units, growing by 2.4% against 2021. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 65%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of rail locomotives and locomotive tenders; other than diesel-electric powereds fell to $27M in 2022. Overall, imports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 63% against the previous year. Over the period under review, imports of attained the maximum at $31M in 2021, and then shrank in the following year.
| Import of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | N/A | 9.1 | 12.3 | 15.3 | 29.7% |
| Poland | 12.3 | 11.1 | 18.6 | 11.6 | -1.9% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 12.4 | 20.2 | 30.9 | 26.9 | 29.5% |
Top Suppliers of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered to China in 2022:
- Czech Republic (49.0 units)
- Poland (38.0 units)
Exports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in China
After two years of decline, overseas shipments of rail locomotives and locomotive tenders; other than diesel-electric powereds increased by 2,313% to 772 units in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached 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 expanded sharply to $23M in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,353% against the previous year. As a result, the exports attained the peak of $49M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | N/A | 48.0 | 10.0 | 17.5 | -39.6% |
| Sudan | 0.2 | N/A | N/A | 4.6 | 184.4% |
| Philippines | N/A | N/A | N/A | 0.4 | 0% |
| Indonesia | 0.2 | N/A | N/A | 0.2 | 0.0% |
| Others | 2.9 | 0.6 | 10.9 | 0.4 | -48.3% |
| Total | 3.3 | 48.5 | 20.8 | 23.1 | 91.3% |
Top Export Markets for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered from China in 2022:
- Nigeria (1122.0 units)
- Sudan (235.0 units)
- Indonesia (75.0 units)
- Philippines (44.0 units)
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