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

Contents:

1. Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in the UK (CIF) - 2024
2. Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in the UK (FOB) - 2022
3. Imports of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in the UK
4. Exports of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in the UK

Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in the UK (CIF) - 2024

The average import price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses stood at $32,237 per ton in January 2024, rising by 13% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 21% month-to-month. As a result, import price reached the peak level of $37,113 per ton. From April 2023 to January 2024, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was China ($70,027 per ton), while the price for Germany ($26,509 per ton) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Germany (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses amounted to $74,071 per ton, picking up by 61% against the previous year. Overall, the export price, however, recorded a pronounced decline. Over the period under review, the average export prices hit record highs at $141,493 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($114,710 per ton), while the average price for exports to Tajikistan ($240 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 South Africa (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses imported into the UK surged to 5.7K tons, rising by 2,471% on 2021 figures. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue 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 $160M in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (3.5K tons)
2. Italy (1.6K tons)
3. China (0.6K tons)

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

In 2022, approx. 133 tons of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses were exported from the UK; with a decrease of -36.4% against 2021 figures. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 356%. As a result, the exports attained the peak of 209 tons, and then fell remarkably in the following year.

In value terms, exports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses rose modestly to $9.9M in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 208%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Canada (53.0 tons)
2. France (36.6 tons)
3. Germany (15.7 tons)
4. Belgium (9.0 tons)
5. Switzerland (4.7 tons)
6. United States (4.1 tons)
7. Tajikistan (3.0 tons)

Source: IndexBox Market Intelligence Platform