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

Contents:

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

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

In October 2022, the average import price for rail locomotives and locomotive tenders; other than diesel-electric powereds amounted to $231K per unit, approximately reflecting the previous month. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level of $231K per unit, leveling off in the following month.

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

From September 2022 to October 2022, the rate of growth in terms of prices for Germany amounted to -0.0% per month.

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

The average export price for rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $176,083 per unit in 2022, dropping by -24.8% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 62% against the previous year. As a result, the export price attained the peak level of $254,070 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sri Lanka ($168,933 per unit), while the average price for exports to Nepal ($51 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 Malaysia (+2.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of rail locomotives and locomotive tenders; other than diesel-electric powereds into India surged to 8 units, increasing by 60% compared with the year before. Over the period under review, total imports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +4.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of rail locomotives and locomotive tenders; other than diesel-electric powereds skyrocketed to $1.9M in 2022. Overall, total imports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +4.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8163267951,86031.6%
Sri LankaN/AN/A12355.4-55.0%
Thailand273N/AN/AN/A0%
United Arab EmiratesN/A0.3N/AN/A0%
Italy5851,075181N/A-44.4%
OthersN/AN/AN/AN/A0%
Total1,6741,4011,0991,9154.6%

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

  1. Germany (7.0 units)
  2. Sri Lanka (1.0 units)

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

In 2022, exports of rail locomotives and locomotive tenders; other than diesel-electric powereds from India reduced notably to 1 units, shrinking by -50% against 2021. Over the period under review, exports faced a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 100%. As a result, the exports attained the peak of 2 units, and then reduced markedly in the following year.

In value terms, exports of rail locomotives and locomotive tenders; other than diesel-electric powereds fell notably to $217K in 2022. In general, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 221%. The exports peaked at $434K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sri LankaN/AN/A12.01691308.3%
IndonesiaN/AN/AN/A38.20%
CanadaN/AN/AN/A7.00%
Czech RepublicN/AN/A11.61.8-84.5%
UzbekistanN/AN/AN/A0.70%
NepalN/AN/AN/A0.10%
China0.9N/AN/AN/A0%
Congo230N/AN/AN/A0%
EthiopiaN/AN/A0.1N/A0%
Denmark1.5N/AN/AN/A0%
MalaysiaN/AN/A341N/A0%
MyanmarN/A1.8N/AN/A0%
Australia0.7N/A0.1N/A-62.2%
Others201112N/AN/A-44.3%
Total434114365217-20.6%

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

  1. Canada (1.0 units)
  2. Indonesia (1.0 units)
  3. Czech Republic (1.0 units)
  4. Nepal (1.0 units)
  5. Uzbekistan (1.0 units)
  6. Sri Lanka (1.0 units)

Source: IndexBox Market Intelligence Platform

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