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

Contents:

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

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

The average export price for rail locomotives; powered by electric accumulatorses stood at $79,236 per unit in 2022, picking up by 80% against the previous year. In general, the export price posted resilient growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 118% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Albania ($98,509 per unit), while the average price for exports to Zimbabwe amounted to $69,599 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+92.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for rail locomotives; powered by electric accumulatorses stood at $20 per unit in 2022, dropping by -79.2% against the previous year. Over the period under review, the import price showed a slight downturn. The growth pace was the most rapid in 2020 when the average import price increased by 350% against the previous year. As a result, import price attained the peak level of $118 per unit. From 2021 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 China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -10.0% per year.

Exports of Rail Locomotives; Powered by Electric Accumulators in South Africa

In 2022, shipments abroad of rail locomotives; powered by electric accumulatorses decreased by -57.1% to 3 units, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a sharp reduction. The growth pace was the most rapid in 2020 when exports increased by 33% against the previous year. As a result, the exports reached the peak of 8 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of rail locomotives; powered by electric accumulatorses contracted dramatically to $238K in 2022. Over the period under review, exports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 184% against the previous year. As a result, the exports reached the peak of $409K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Rail Locomotives; Powered by Electric Accumulators in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe1313121441392.0%
AlbaniaN/AN/AN/A98.50%
EcuadorN/AN/A91.1N/A0%
SwazilandN/AN/AN/AN/A0%
Lesotho0.8N/AN/AN/A0%
United StatesN/AN/A73.4N/A0%
PhilippinesN/A97.4N/AN/A0%
Others12.7N/AN/AN/A0%
Total14440930823818.2%

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

  1. Zimbabwe (2.0 units)
  2. Albania (1.0 units)

Imports of Rail Locomotives; Powered by Electric Accumulators in South Africa

After two years of decline, overseas purchases of rail locomotives; powered by electric accumulatorses increased by 1,107,700% to 11K units in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of rail locomotives; powered by electric accumulatorses skyrocketed to $222K in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Rail Locomotives; Powered by Electric Accumulators in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China46.7N/AN/A22268.1%
Others0.62.20.1N/A-59.2%
Total47.42.20.122267.3%

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

  1. China (11.1K units)

Source: IndexBox Market Intelligence Platform

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