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

Contents:

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

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

The average import price for rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $19,345 per unit in 2022, reducing by -33.1% against the previous year. Over the period under review, the import price, however, continues to indicate strong growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 85% against the previous year. As a result, import price reached the peak level of $35,585 per unit. From 2019 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($23,371 per unit), while the price for Germany totaled $18,648 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+32.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $79,383 per unit in 2022, stabilizing at the previous year. Overall, the export price recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices reached the maximum at $230,000 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2014 to 2022, the rate of growth in terms of prices for Montenegro amounted to +2.8% per year.

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

In 2022, after two years of growth, there was decline in overseas purchases of rail locomotives and locomotive tenders; other than diesel-electric powereds, when their volume decreased by 0% to 13 units. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 550% against the previous year. 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 shrank sharply to $252K in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 878% against the previous year. As a result, imports attained the peak of $388K, and then reduced notably in the following year.

Import of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Serbia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Germany14.032.4205282.7%
Czech Republic4.531.546.7222.1%
Slovakia5.535.0N/A536.4%
Bosnia and HerzegovinaN/A220N/A0%
Croatia11.431.0N/A171.9%
ChinaN/A12.1N/A0%
SloveniaN/A26.1N/A0%
Others4.2N/AN/A0%
Total39.6388252152.3%

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

  1. Germany (11.0 units)
  2. Czech Republic (2.0 units)

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

In 2022, exports of rail locomotives and locomotive tenders; other than diesel-electric powereds from Serbia contracted dramatically to 3 units, declining by -57.1% on the previous year's figure. Overall, exports continue to indicate a significant decrease. The exports peaked at 7 units in 2021, and then reduced dramatically in the following year.

In value terms, exports of rail locomotives and locomotive tenders; other than diesel-electric powereds contracted markedly to $271K in 2022. In general, exports showed a dramatic slump. The exports peaked at $541K in 2021, and then declined notably in the following year.

Export of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Serbia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Montenegro73.5271268.7%
Bosnia and Herzegovina468N/A0%
NetherlandsN/AN/A0%
OthersN/AN/A0%
Total541271-49.9%

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

  1. Montenegro (11.0 units)

Source: IndexBox Market Intelligence Platform

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