Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Italy - 2023
Contents:
- Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Italy (FOB) - 2022
- Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Italy (CIF) - 2022
- Exports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Italy
- Imports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Italy
Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Italy (FOB) - 2022
In 2022, the average export price for rail locomotives and locomotive tenders; other than diesel-electric powereds amounted to $188,153 per unit, with a decrease of -7.1% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 30%. As a result, the export price reached the peak level of $238,971 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the UK ($195,157 per unit) and Australia ($191,632 per unit), while the average price for exports to Hong Kong SAR ($135,914 per unit) and Hungary ($156,212 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Italy (CIF) - 2022
In 2022, the average import price for rail locomotives and locomotive tenders; other than diesel-electric powereds amounted to $27,120 per unit, declining by -60.1% against the previous year. Overall, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 565%. The import price peaked at $124,648 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($181,833 per unit), while the price for Sweden ($11,264 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+103.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Italy
After three years of growth, overseas shipments of rail locomotives and locomotive tenders; other than diesel-electric powereds decreased by -75% to 34 units in 2022. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 97%. As a result, the exports attained the peak of 136 units, and then reduced sharply in the following year.
In value terms, exports of rail locomotives and locomotive tenders; other than diesel-electric powereds dropped notably to $6.4M in 2022. Over the period under review, exports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2021 when exports increased by 94%. As a result, the exports attained the peak of $28M, and then declined significantly in the following year.
| Export of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.7 | 2.2 | 4.8 | 1.8 | -12.6% |
| France | 1.1 | 2.1 | 0.6 | 1.3 | 5.7% |
| Australia | 1.1 | 0.2 | 0.5 | 1.0 | -3.1% |
| Czech Republic | N/A | 0.4 | N/A | 0.5 | 11.8% |
| India | 1.0 | 2.4 | 0.4 | 0.5 | -20.6% |
| Hungary | N/A | N/A | N/A | 0.5 | 0% |
| United Kingdom | 0.5 | 0.3 | 4.8 | 0.4 | -7.2% |
| Saudi Arabia | N/A | 1.8 | N/A | 0.2 | -66.7% |
| Hong Kong SAR | N/A | 0.3 | N/A | 0.1 | -42.3% |
| Bangladesh | N/A | N/A | 1.8 | N/A | 0% |
| Austria | N/A | N/A | 1.2 | N/A | 0% |
| Lithuania | 0.9 | N/A | N/A | N/A | 0% |
| Turkey | N/A | N/A | 1.0 | N/A | 0% |
| Others | 5.4 | 4.6 | 12.4 | 0.2 | -66.7% |
| Total | 12.7 | 14.2 | 27.5 | 6.4 | -20.4% |
Top Export Markets for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered from Italy in 2022:
- United States (10.0 units)
- France (7.0 units)
- Australia (5.0 units)
- Czech Republic (3.0 units)
- India (3.0 units)
- Hungary (3.0 units)
- United Kingdom (2.0 units)
- Saudi Arabia (1.0 units)
- Hong Kong SAR (1.0 units)
Imports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Italy
Imports of rail locomotives and locomotive tenders; other than diesel-electric powereds into Italy reduced dramatically to 61 units in 2022, falling by -90.3% on the previous year. Overall, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 6,856% against the previous year. As a result, imports reached the peak of 626 units, and then contracted dramatically in the following year.
In value terms, imports of rail locomotives and locomotive tenders; other than diesel-electric powereds shrank markedly to $1.7M in 2022. Over the period under review, imports saw a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 4,342%. As a result, imports attained the peak of $43M, and then fell dramatically in the following year.
| Import of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 0.1 | N/A | 0.1 | 0.9 | 108.0% |
| France | 0.6 | N/A | N/A | 0.5 | -5.9% |
| United Kingdom | N/A | N/A | N/A | 0.2 | 0% |
| Bulgaria | N/A | N/A | 0.5 | N/A | 0% |
| Germany | 5.2 | 1.0 | 41.6 | N/A | 182.8% |
| Sweden | 0.1 | N/A | 0.2 | N/A | 41.4% |
| Romania | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 5.9 | 1.0 | 42.5 | 1.7 | -34.0% |
Top Suppliers of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered to Italy in 2022:
- France (35.0 units)
- Switzerland (21.0 units)
- Romania (3.0 units)
- United Kingdom (1.0 units)
- Sweden (1.0 units)
- Germany (1.0 units)
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