Price for Rail Locomotives; Powered by Electric Accumulators in Belgium - 2023

Contents:

  1. Price for Rail Locomotives; Powered by Electric Accumulators in Belgium (CIF) - 2022
  2. Price for Rail Locomotives; Powered by Electric Accumulators in Belgium (FOB) - 2022
  3. Imports of Rail Locomotives; Powered by Electric Accumulators in Belgium
  4. Exports of Rail Locomotives; Powered by Electric Accumulators in Belgium

Price for Rail Locomotives; Powered by Electric Accumulators in Belgium (CIF) - 2022

In 2022, the average import price for rail locomotives; powered by electric accumulatorses amounted to $1,108,827 per unit, surging by 50,731% against the previous year. Overall, the import price enjoyed a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($1,898,340 per unit), while the price for the Netherlands ($412 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1,017.6%).

Price for Rail Locomotives; Powered by Electric Accumulators in Belgium (FOB) - 2022

The average export price for rail locomotives; powered by electric accumulatorses stood at $81 per unit in 2022, rising by 272% against the previous year. Over the period under review, the export price, however, saw a deep reduction. The growth pace was the most rapid in 2013 an increase of 2,141% against the previous year. As a result, the export price attained the peak level of $14,408 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +510.0% per year.

Imports of Rail Locomotives; Powered by Electric Accumulators in Belgium

In 2022, the amount of rail locomotives; powered by electric accumulatorses imported into Belgium surged to 6 units, picking up by 20% against the year before. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 21,300%. As a result, imports reached the peak of 214 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of rail locomotives; powered by electric accumulatorses skyrocketed to $6.7M in 2022. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 197,814%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Rail Locomotives; Powered by Electric Accumulators in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A5.70%
GermanyN/AN/AN/A1.00%
NetherlandsN/A0.7N/AN/A0%
OthersN/AN/AN/AN/A0%
TotalN/A0.7N/A6.7209.4%

Top Suppliers of Rail Locomotives; Powered by Electric Accumulators to Belgium in 2022:

  1. Spain (3.0 units)
  2. Germany (2.0 units)
  3. Netherlands (1.0 units)

Exports of Rail Locomotives; Powered by Electric Accumulators in Belgium

In 2022, approx. 6 units of rail locomotives; powered by electric accumulatorses were exported from Belgium; rising by 100% against the previous year's figure. Over the period under review, exports, however, showed a sharp downturn. Over the period under review, the exports of reached the maximum at 200 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of rail locomotives; powered by electric accumulatorses skyrocketed to $484 in 2022. In general, exports, however, showed a sharp curtailment. Over the period under review, the exports of attained the maximum at $572K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Rail Locomotives; Powered by Electric Accumulators in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LuxembourgN/AN/AN/A0.50%
Egypt545N/AN/AN/A0%
Others27.2N/A0.1N/A-93.9%
Total572N/A0.10.5-90.4%

Top Export Markets for Rail Locomotives; Powered by Electric Accumulators from Belgium in 2022:

  1. Luxembourg (6.0 units)

Source: IndexBox Market Intelligence Platform

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