Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Malaysia - 2024

Contents:

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

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

In 2022, the average import price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses amounted to $14,644 per ton, with a decrease of -35.9% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 123% against the previous year. Over the period under review, average import prices reached the maximum at $22,853 per ton in 2021, and then fell dramatically in the following year.

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 China ($13,569 per ton), while the price for South Korea ($7,513 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 96 tons of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses were imported into Malaysia; picking up by 177% on 2021 figures. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 13,632% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses skyrocketed to $1.4M in 2022. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 14,923% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. China (34.6 tons)
2. India (20.3 tons)
3. South Korea (15.8 tons)
4. Romania (13.3 tons)
5. Canada (11.4 tons)

Source: IndexBox Market Intelligence Platform