Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Indonesia - 2022
Contents:
- Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Indonesia (CIF) - 2022
- Imports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Indonesia
Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Indonesia (CIF) - 2022
The average import price for rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $319,671 per unit in 2022, rising by 35% against the previous year. In general, the import price posted a significant expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 356%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($319,642 per unit), while the price for Thailand ($20 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+49.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Indonesia
For the third consecutive year, Indonesia recorded decline in overseas purchases of rail locomotives and locomotive tenders; other than diesel-electric powereds, which decreased by -50% to 2 units in 2022. Over the period under review, imports faced a sharp curtailment. The smallest decline of -33.3% was in 2021. Imports peaked at 13 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 reduced sharply to $639K in 2022. Overall, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 35%. As a result, imports attained the peak of $1.3M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 511 | 1,177 | 895 | 639 | 7.7% |
| Hong Kong SAR | N/A | N/A | N/A | N/A | 0% |
| Thailand | N/A | 3.7 | N/A | N/A | 0% |
| Germany | 3.1 | 2.3 | 2.7 | N/A | -6.7% |
| Belgium | 2.2 | N/A | N/A | N/A | 0% |
| China | 346 | 25.9 | 2.9 | N/A | -90.8% |
| Malaysia | 4.5 | 5.9 | 8.8 | N/A | 39.8% |
| United States | 53.1 | 34.6 | 33.8 | N/A | -20.2% |
| Japan | N/A | N/A | N/A | N/A | 0% |
| Singapore | 2.4 | 1.4 | 1.2 | N/A | -29.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 923 | 1,250 | 945 | 639 | -11.5% |
Top Suppliers of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered to Indonesia in 2022:
- Italy (2.0 units)
- Thailand (1.0 units)
- China (1.0 units)
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