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

Contents:

1. Price for Railway or Tramway Goods Vans and Wagons; Covered and Closed, Not Self-Propelled in India (FOB) - 2022
2. Price for Railway or Tramway Goods Vans and Wagons; Covered and Closed, Not Self-Propelled in India (CIF) - 2022
3. Exports of Railway or Tramway Goods Vans and Wagons; Covered and Closed, Not Self-Propelled in India
4. Imports of Railway or Tramway Goods Vans and Wagons; Covered and Closed, Not Self-Propelled in India

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

The average export price for railway or tramway goods vans and wagons; covered and closed, not self-propelleds stood at $42,062 per unit in 2022, reducing by -25.8% against the previous year. Overall, the export price, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 1,836% against the previous year. Over the period under review, the average export prices reached the maximum at $73,045 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($124,596 per unit), while the average price for exports to Bahrain ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+38.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Railway or Tramway Goods Vans and Wagons; Covered and Closed, Not Self-Propelled in India (CIF) - 2022

In 2022, the average import price for railway or tramway goods vans and wagons; covered and closed, not self-propelleds amounted to $3,010 per unit, picking up by 86% against the previous year. Over the period under review, the import price saw a significant increase. The import price peaked at $3,750 per unit in 2020; however, from 2021 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 Brazil ($4,184 per unit), while the price for the United Arab Emirates totaled $1,836 per unit.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+5.6%).

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

For the third consecutive year, India recorded decline in shipments abroad of railway or tramway goods vans and wagons; covered and closed, not self-propelleds, which decreased by 0% to 9 units in 2022. In general, exports recorded a deep setback. The smallest decline of -10% was in 2021. Over the period under review, the exports of hit record highs at 13 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of railway or tramway goods vans and wagons; covered and closed, not self-propelleds reduced rapidly to $379K in 2022. Overall, exports recorded a precipitous setback. The smallest decline of -25.8% was in 2021. The exports peaked at $927K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. Bangladesh (3.0 units)
2. Nigeria (2.0 units)
3. Bahrain (1.0 units)
4. Myanmar (1.0 units)
5. United Arab Emirates (1.0 units)
6. Tanzania (1.0 units)

Imports of Railway or Tramway Goods Vans and Wagons; Covered and Closed, Not Self-Propelled in India

For the third consecutive year, India recorded growth in purchases abroad of railway or tramway goods vans and wagons; covered and closed, not self-propelleds, which increased by 100% to 2 units in 2022. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of railway or tramway goods vans and wagons; covered and closed, not self-propelleds skyrocketed to $6K in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Railway or Tramway Goods Vans and Wagons; Covered and Closed, Not Self-Propelled to India in 2022:

1. Brazil (1.0 units)
2. United Arab Emirates (1.0 units)

Source: IndexBox Market Intelligence Platform