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

Contents:

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

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

In 2022, the average import price for railway or tramway goods vans and wagons; covered and closed, not self-propelleds amounted to $7,108 per unit, surging by 9.7% against the previous year. Overall, the import price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 3,725%. The import price peaked at $13,763 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Malaysia ($12,814 per unit), while the price for the UK amounted to $1,401 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+24.7%).

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

The average export price for railway or tramway goods vans and wagons; covered and closed, not self-propelleds stood at $20 per unit in 2022, with an increase of 31% against the previous year. Overall, the export price, however, recorded a precipitous shrinkage. The pace of growth was the most pronounced in 2018 when the average export price increased by 1,976% against the previous year. Over the period under review, the average export prices attained the peak figure at $11,795 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($52 per unit), while the average price for exports to the Philippines ($2 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 Malaysia (-35.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of railway or tramway goods vans and wagons; covered and closed, not self-propelleds decreased by -50% to 2 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 50%. Imports peaked at 4 units in 2021, and then reduced markedly in the following year.

In value terms, imports of railway or tramway goods vans and wagons; covered and closed, not self-propelleds dropped sharply to $14K in 2022. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 5,001%. As a result, imports attained the peak of $26K, and then contracted dramatically in the following year.

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

1. United Kingdom (1.0 units)
2. Malaysia (1.0 units)

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

In 2022, approx. 3 units of railway or tramway goods vans and wagons; covered and closed, not self-propelleds were exported from Singapore; growing by 50% on the year before. Overall, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of railway or tramway goods vans and wagons; covered and closed, not self-propelleds skyrocketed to $61 in 2022. In general, exports, however, showed a sharp reduction. Over the period under review, the exports of attained the maximum at $19K 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 Singapore in 2022:

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

Source: IndexBox Market Intelligence Platform