Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Latvia - 2023

Contents:

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

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

In 2022, the average export price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses amounted to $3,820 per ton, growing by 216% against the previous year. Overall, the export price enjoyed prominent growth. 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 Hungary.

From 2013 to 2022, the rate of growth in terms of prices for Lithuania amounted to +1.3% per year.

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

In 2022, the average import price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses amounted to $668 per ton, falling by -98.6% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of 3,892%. As a result, import price reached the peak level of $48,136 per ton, and then dropped rapidly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Lithuania.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +4.6% per year.

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

Exports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses from Latvia totaled 24 tons in 2022, picking up by 10% on the previous year. Overall, exports, however, continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2020 when exports increased by 73%. As a result, the exports attained the peak of 152 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses soared to $93K in 2022. Over the period under review, exports, however, showed a dramatic slump.

Top Export Markets for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies from Latvia in 2022:

1. Hungary (24.3 tons)

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

In 2022, overseas purchases of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses decreased by -93.9% to 3.6 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports faced a sharp shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 94%. As a result, imports attained the peak of 59 tons, and then contracted notably in the following year.

In value terms, imports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses reduced markedly to $2.4K in 2022. Over the period under review, imports saw a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 7,659% against the previous year. As a result, imports attained the peak of $2.8M, and then fell significantly in the following year.

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

1. Lithuania (3.6 tons)

Source: IndexBox Market Intelligence Platform