Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Vietnam - 2022

Contents:

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

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

The average import price for rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $181,093 per unit in 2022, reducing by -21.5% against the previous year. Over the period under review, import price indicated a notable increase from 2013 to 2022: its price increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for rail locomotives and locomotive tenders; other than diesel-electric powereds decreased by -33.9% against 2019 indices. The growth pace was the most rapid in 2015 when the average import price increased by 33% against the previous year. The import price peaked at $273,822 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($190,206 per unit), while the price for the Czech Republic totaled $155,994 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+164.0%), 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 Vietnam

In 2022, imports of rail locomotives and locomotive tenders; other than diesel-electric powereds into Vietnam fell markedly to 12 units, reducing by -58.6% compared with 2021. Overall, imports saw a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 2,800%. As a result, imports reached the peak of 29 units, and then fell significantly in the following year.

In value terms, imports of rail locomotives and locomotive tenders; other than diesel-electric powereds plummeted to $2.2M in 2022. Over the period under review, imports recorded a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 2,203%. As a result, imports reached the peak of $6.7M, and then reduced remarkably in the following year.

Import of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland2,2111943,9381,712-8.2%
Czech Republic73113.8402468-13.8%
China1,14236.0305N/A-48.3%
Germany84846.9641N/A-13.1%
FranceN/AN/A955N/A0%
Italy33.1N/A462N/A273.6%
OthersN/AN/AN/AN/A0%
Total4,9662916,7042,180-24.0%

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

  1. Poland (9.0 units)
  2. Czech Republic (3.0 units)

Source: IndexBox Market Intelligence Platform

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