Price for Railway or Tramway Goods Vans and Wagons; Covered and Closed, Not Self-Propelled in Hong Kong SAR - 2022

Contents:

  1. Price for Railway or Tramway Goods Vans and Wagons; Covered and Closed, Not Self-Propelled in Hong Kong SAR (FOB) - 2022
  2. Exports of Railway or Tramway Goods Vans and Wagons; Covered and Closed, Not Self-Propelled in Hong Kong SAR

Price for Railway or Tramway Goods Vans and Wagons; Covered and Closed, Not Self-Propelled in Hong Kong SAR (FOB) - 2022

In 2022, the average export price for railway or tramway goods vans and wagons; covered and closed, not self-propelleds amounted to $3,000 per unit, dropping by -73.7% against the previous year. Over the period under review, the export price recorded a perceptible descent. The pace of growth was the most pronounced in 2019 when the average export price increased by 1,558%. Over the period under review, the average export prices hit record highs at $11,411 per unit in 2021, and then contracted significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($5,330 per unit), while the average price for exports to Malaysia totaled $669 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+57.7%).

Exports of Railway or Tramway Goods Vans and Wagons; Covered and Closed, Not Self-Propelled in Hong Kong SAR

In 2022, the amount of railway or tramway goods vans and wagons; covered and closed, not self-propelleds exported from Hong Kong SAR stood at 2 units, approximately mirroring 2021. Over the period under review, exports continue to indicate a precipitous decline. The smallest decline of -25% was in 2020. The exports peaked at 4 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of railway or tramway goods vans and wagons; covered and closed, not self-propelleds reduced sharply to $6K in 2022. Overall, exports faced a dramatic descent. The pace of growth appeared the most rapid in 2020 with an increase of 2.5%. The exports peaked at $23K in 2021, and then reduced remarkably in the following year.

Export of Railway or Tramway Goods Vans and Wagons; Covered and Closed, Not Self-Propelled in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines18.420.15.95.3-34.0%
Malaysia3.32.21.60.7-40.4%
OthersN/AN/A15.4N/A0%
Total21.822.322.86.0-35.0%

Top Export Markets for Railway or Tramway Goods Vans and Wagons; Covered and Closed, Not Self-Propelled from Hong Kong SAR in 2022:

  1. Malaysia (1.0 units)
  2. Philippines (1.0 units)

Source: IndexBox Market Intelligence Platform

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