Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Ethiopia - 2022

Contents:

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

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

In 2022, the average import price for rail locomotives and locomotive tenders; other than diesel-electric powereds amounted to $20,481 per unit, with a decrease of -39.9% against the previous year. Over the period under review, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2021 an increase of 257% against the previous year. The import price peaked at $94,816 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -8.5% per year.

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

In 2022, the average export price for rail locomotives and locomotive tenders; other than diesel-electric powereds amounted to $108,832 per unit, rising by 6.6% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 28%. As a result, the export price attained the peak level of $163,916 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Djibouti amounted to +0.5% per year.

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

In 2022, approx. 1 units of rail locomotives and locomotive tenders; other than diesel-electric powereds were imported into Ethiopia; leveling off at 2021 figures. In general, imports saw a relatively flat trend pattern. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of rail locomotives and locomotive tenders; other than diesel-electric powereds shrank significantly to $20K in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 257% against the previous year. As a result, imports attained the peak of $34K, and then dropped notably in the following year.

Import of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.19.513.920.559.0%
IndiaN/AN/AN/AN/A0%
United Arab EmiratesN/AN/A20.1N/A0%
OthersN/AN/AN/AN/A0%
Total5.19.534.120.559.0%

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

  1. China (1.0 units)

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

After three years of growth, shipments abroad of rail locomotives and locomotive tenders; other than diesel-electric powereds decreased by -34.6% to 17 units in 2022. Over the period under review, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 225%. As a result, the exports reached the peak of 26 units, and then dropped rapidly in the following year.

In value terms, exports of rail locomotives and locomotive tenders; other than diesel-electric powereds shrank rapidly to $1.9M in 2022. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 154%. As a result, the exports attained the peak of $2.7M, and then reduced notably in the following year.

Export of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Ethiopia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Djibouti0.71.02.71.939.5%
OthersN/AN/AN/AN/A0%
Total0.71.02.71.939.5%

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

  1. Djibouti (17.0 units)

Source: IndexBox Market Intelligence Platform

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