Price for Rail Locomotives; Powered by Electric Accumulators in the United Arab Emirates - 2022

Contents:

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

Price for Rail Locomotives; Powered by Electric Accumulators in the United Arab Emirates (FOB) - 2022

The average export price for rail locomotives; powered by electric accumulatorses stood at $40,556 per unit in 2022, jumping by 6,630% against the previous year. Overall, the export price enjoyed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +41.4% per year.

Price for Rail Locomotives; Powered by Electric Accumulators in the United Arab Emirates (CIF) - 2022

The average import price for rail locomotives; powered by electric accumulatorses stood at $681 per unit in 2022, dropping by -33.4% against the previous year. Over the period under review, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 an increase of 602% against the previous year. Over the period under review, average import prices reached the peak figure at $3,940 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the UK ($2,128 per unit), while the price for Turkey ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.2%), while the prices for the other major suppliers experienced a decline.

Exports of Rail Locomotives; Powered by Electric Accumulators in the United Arab Emirates

After three years of growth, shipments abroad of rail locomotives; powered by electric accumulatorses decreased by -60% to 2 units in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 150% against the previous year. As a result, the exports reached the peak of 5 units, and then dropped notably in the following year.

In value terms, exports of rail locomotives; powered by electric accumulatorses soared to $81K in 2022. Overall, exports, however, showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Rail Locomotives; Powered by Electric Accumulators in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/A20.32.781.199.9%
UgandaN/AN/AN/AN/A0%
Mozambique10.325.30.1N/A-90.1%
Others14.91.90.2N/A-88.4%
Total25.247.53.081.147.6%

Top Export Markets for Rail Locomotives; Powered by Electric Accumulators from the United Arab Emirates in 2022:

  1. Saudi Arabia (2.0 units)

Imports of Rail Locomotives; Powered by Electric Accumulators in the United Arab Emirates

In 2022, after two years of decline, there was significant decline in overseas purchases of rail locomotives; powered by electric accumulatorses, when their volume decreased by -14.3% to 6 units. Over the period under review, imports showed a abrupt descent. Over the period under review, imports of hit record highs at 9 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of rail locomotives; powered by electric accumulatorses contracted significantly to $4.1K in 2022. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 602%. As a result, imports reached the peak of $7.2K, and then reduced notably in the following year.

Import of Rail Locomotives; Powered by Electric Accumulators in the United Arab Emirates (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom5507113,5372,12857.0%
United States4504.02,1611,08934.3%
China59.01601,277643121.7%
Germany1971071.02224.1%
Netherlands18.011.025.04.0-39.4%
Turkey1.01.01.01.00.0%
Slovakia57.0N/AN/AN/A0%
Switzerland8.0N/AN/AN/A0%
Ireland25.0N/AN/AN/A0%
JapanN/A5.0N/AN/A0%
Saudi ArabiaN/AN/A153N/A0%
OthersN/A20.0N/AN/A0%
Total1,3651,0197,1554,08744.1%

Top Suppliers of Rail Locomotives; Powered by Electric Accumulators to the United Arab Emirates in 2022:

  1. Turkey (1.0 units)
  2. United States (1.0 units)
  3. Netherlands (1.0 units)
  4. United Kingdom (1.0 units)
  5. Germany (1.0 units)
  6. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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