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

Contents:

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

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

In 2022, the average export price for rail locomotives and locomotive tenders; other than diesel-electric powereds amounted to $235,582 per unit, increasing by 161% against the previous year. Over the period under review, the export price recorded a remarkable increase. The growth pace was the most rapid in 2015 when the average export price increased by 226% against the previous year. The export price peaked at $633,820 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($168,546 per unit), while the average price for exports to Ireland ($1,945 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 Italy (+360.9%), 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 the UK (CIF) - 2022

In 2022, the average import price for rail locomotives and locomotive tenders; other than diesel-electric powereds amounted to $56,626 per unit, falling by -63.1% against the previous year. In general, the import price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 91% against the previous year. The import price peaked at $467,193 per unit in 2015; however, from 2016 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 Italy ($155,091 per unit), while the price for South Africa ($1,255 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+55.0%), 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 the UK

For the fourth consecutive year, the UK recorded growth in shipments abroad of rail locomotives and locomotive tenders; other than diesel-electric powereds, which increased by 33% to 4 units in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of rail locomotives and locomotive tenders; other than diesel-electric powereds soared to $898K in 2022. In general, exports, however, showed a abrupt decrease. The exports peaked at $1.5M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. Canada (1.0 units)
2. Australia (1.0 units)
3. Italy (1.0 units)
4. Czech Republic (1.0 units)
5. Brunei Darussalam (1.0 units)
6. France (1.0 units)
7. Malaysia (1.0 units)
8. Austria (1.0 units)
9. Germany (1.0 units)
10. Ireland (1.0 units)
11. Switzerland (1.0 units)
12. China (1.0 units)
13. Hong Kong SAR (1.0 units)

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

After three years of growth, overseas purchases of rail locomotives and locomotive tenders; other than diesel-electric powereds decreased by -58.1% to 13 units in 2022. In general, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 1,450%. As a result, imports attained the peak of 31 units, and then declined sharply in the following year.

In value terms, imports of rail locomotives and locomotive tenders; other than diesel-electric powereds dropped dramatically to $738K in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 2,179%. Over the period under review, imports of attained the peak figure at $4.8M in 2021, and then contracted remarkably in the following year.

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

1. Italy (3.0 units)
2. France (2.0 units)
3. Canada (1.0 units)
4. Australia (1.0 units)
5. Taiwan (Chinese) (1.0 units)
6. South Africa (1.0 units)
7. United States (1.0 units)
8. China (1.0 units)
9. Croatia (1.0 units)
10. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform