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

Contents:

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

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

The average export price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses stood at $5,049 per ton in 2022, waning by -55.3% against the previous year. Over the period under review, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 118% against the previous year. The export price peaked at $11,293 per ton in 2021, and then shrank dramatically in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($10,109 per ton), while the average price for exports to Namibia ($2,662 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+0.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses amounted to $8,486 per ton, growing by 409% against the previous year. Overall, the import price, however, saw a pronounced decline. The import price peaked at $30,943 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($15,839 per ton), while the price for India ($1,866 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

After three years of growth, overseas shipments of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses decreased by -14% to 92 tons in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, the exports reached the peak of 107 tons, and then reduced in the following year.

In value terms, exports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses contracted rapidly to $465K in 2022. Over the period under review, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 122% against the previous year. As a result, the exports attained the peak of $1.2M, and then declined dramatically in the following year.

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

1. Namibia (41.5 tons)
2. Mozambique (25.0 tons)
3. Zimbabwe (16.6 tons)
4. Zambia (8.5 tons)

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

In 2022, overseas purchases of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses decreased by -66.8% to 3.3 tons, falling for the second year in a row after two years of growth. In general, imports faced a abrupt downturn. The pace of growth was the most pronounced in 2020 when imports increased by 134% against the previous year. As a result, imports reached the peak of 15 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses skyrocketed to $28K in 2022. Overall, imports recorded a precipitous setback.

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

1. United States (1551.0 kg)
2. India (1320.0 kg)
3. China (34.0 kg)

Source: IndexBox Market Intelligence Platform