Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Cameroon - 2022

Contents:

1. Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Cameroon (CIF) - 2022
2. Imports of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Cameroon

Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Cameroon (CIF) - 2022

In 2022, the average import price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses amounted to $24,320 per ton, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.6%. The growth pace was the most rapid in 2014 when the average import price increased by 40%. Over the period under review, average import prices attained the maximum at $24,664 per ton in 2021, and then fell modestly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($32,000 per ton), while the price for Italy ($23,532 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Cameroon

For the fourth consecutive year, Cameroon recorded growth in overseas purchases of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses, which increased by 77% to 9 tons in 2022. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 92%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses skyrocketed to $218K in 2022. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 99.9%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies to Cameroon in 2022:

1. Italy (5.4 tons)
2. France (3.6 tons)

Source: IndexBox Market Intelligence Platform