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

Contents:

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

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

The average export price for rail locomotives; powered by electric accumulatorses stood at $8,005 per unit in 2022, waning by -2.4% against the previous year. Overall, the export price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 596% against the previous year. The export price peaked at $10,525 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to -2.7% per year.

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

The average import price for rail locomotives; powered by electric accumulatorses stood at $1,149 per unit in 2022, dropping by -69.8% against the previous year. In general, the import price recorded a abrupt setback. The pace of growth was the most pronounced in 2014 an increase of 158% against the previous year. As a result, import price attained the peak level of $6,404 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +39.9% per year.

Exports of Rail Locomotives; Powered by Electric Accumulators in Malaysia

For the fourth year in a row, Malaysia recorded growth in overseas shipments of rail locomotives; powered by electric accumulatorses, which increased by 100% to 6 units in 2022. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 200% 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; powered by electric accumulatorses skyrocketed to $48K in 2022. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,987% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Rail Locomotives; Powered by Electric Accumulators in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore1.61.224.648.0210.7%
OthersN/AN/AN/AN/A0%
Total1.61.224.648.0210.7%

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

  1. Singapore (6.0 units)

Imports of Rail Locomotives; Powered by Electric Accumulators in Malaysia

In 2022, imports of rail locomotives; powered by electric accumulatorses into Malaysia declined remarkably to 1 units, with a decrease of -94.4% compared with 2021 figures. Overall, imports showed a precipitous slump. The smallest decline of -23.2% was in 2020. Imports peaked at 125 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of rail locomotives; powered by electric accumulatorses fell rapidly to $1.1K in 2022. Over the period under review, imports recorded a significant contraction. The pace of growth was the most pronounced in 2020 when imports increased by 17% against the previous year. As a result, imports attained the peak of $462K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Rail Locomotives; Powered by Electric Accumulators in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.50.40.11.130.1%
South Korea3.42.90.5N/A-61.7%
China16821151.4N/A-44.7%
Taiwan (Chinese)21.527.06.6N/A-44.6%
Netherlands1862031.1N/A-92.3%
Others14.517.48.8N/A-22.1%
Total39446268.41.1-85.9%

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

  1. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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