Price for Rail Locomotives; Powered by Electric Accumulators in the Philippines - 2023
Contents:
- Price for Rail Locomotives; Powered by Electric Accumulators in the Philippines (CIF) - 2022
- Imports of Rail Locomotives; Powered by Electric Accumulators in the Philippines
Price for Rail Locomotives; Powered by Electric Accumulators in the Philippines (CIF) - 2022
The average import price for rail locomotives; powered by electric accumulatorses stood at $146,246 per unit in 2022, picking up by 1,602% against the previous year. Over the period under review, the import price posted a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($208,499 per unit), while the price for China stood at $21,740 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.8%).
Imports of Rail Locomotives; Powered by Electric Accumulators in the Philippines
For the third consecutive year, the Philippines recorded growth in supplies from abroad of rail locomotives; powered by electric accumulatorses, which increased by 50% to 3 units in 2022. Overall, total imports indicated a significant increase from 2020 to 2022: its volume increased at an average annual rate of +22.5% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.0% against 2020 indices. 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 $439K in 2022. In general, imports showed 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 the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Japan | N/A | N/A | 417 | 0% | |
| China | N/A | 14.9 | 21.7 | 45.6% | |
| Thailand | N/A | 2.3 | N/A | 0% | |
| South Africa | 97.1 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 97.1 | 17.2 | 439 | 112.6% | |
Top Suppliers of Rail Locomotives; Powered by Electric Accumulators to the Philippines in 2022:
- Japan (2.0 units)
- China (1.0 units)
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This report provides an in-depth analysis of the electric locomotive market in the Philippines.
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This report provides an in-depth analysis of the electric rail locomotive market in the Philippines.
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This report provides an in-depth analysis of the global electric locomotive market.
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This report provides an in-depth analysis of the global electric rail locomotive market.
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This report provides an in-depth analysis of the electric locomotive market in the Philippines.
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This report provides an in-depth analysis of the electric rail locomotive market in the Philippines.
1373
This report provides an in-depth analysis of the global electric locomotive market.
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This report provides an in-depth analysis of the global electric rail locomotive market.
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