Report Update: May 1, 2024

India - Railway Or Tramway Goods Vans And Wagons (Not Self-Propelled) - Market Analysis, Forecast, Size, Trends and Insights

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Railway Goods Wagon Price in India - 2023

Railway Goods Wagon Price in India (FOB) - 2022

The average railway goods wagon export price stood at $78,723 per unit in 2022, with an increase of 37% against the previous year. Overall, the export price recorded a noticeable expansion. The pace of growth appeared the most rapid in 2017 an increase of 98% against the previous year. As a result, the export price attained the peak level of $135,098 per unit. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($168,808 per unit), while the average price for exports to Myanmar ($1,392 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+30.9%), while the prices for the other major destinations experienced more modest paces of growth.

Railway Goods Wagon Price in India (CIF) - 2022

In 2022, the average railway goods wagon import price amounted to $27,547 per unit, growing by 7.2% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 237%. Over the period under review, average import prices reached the peak figure at $34,063 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 South Korea ($61,232 per unit), while the price for France ($1,476 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+50.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Railway Goods Wagon Exports in India

In 2022, the amount of railway or tramway goods vans and wagons (not self-propelled) exported from India contracted notably to 13 units, waning by -61.8% on the previous year. Over the period under review, exports faced a precipitous decline. The growth pace was the most rapid in 2021 when exports increased by 3,300% against the previous year. Over the period under review, the exports hit record highs at 48 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, railway goods wagon exports fell significantly to $1M in 2022. In general, exports showed a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 1,944%. The exports peaked at $5.2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Railway Goods Wagon in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Tanzania	3,058	59.4	1,133	648	-40.4%
Cote d'Ivoire	1,255	23.6	435	241	-42.3%
Japan	160	3.1	59.3	33.9	-40.4%
Sri Lanka	532	4.3	68.5	32.6	-60.6%
Mozambique	21.3	0.7	54.7	26.2	7.1%
Bangladesh	123	2.4	45.5	26.0	-40.4%
Myanmar	77.4	0.6	0.3	3.3	-65.1%
Others	17.7	0.3	134	2.3	-49.3%
Total	5,244	94.5	1,931	1,013	-42.2%

Top Export Markets for Railway Goods Wagon from India in 2022:

Tanzania (4.0 units)
Cote d'Ivoire (4.0 units)
Myanmar (2.0 units)
Mozambique (1.0 units)
Sri Lanka (1.0 units)
Japan (1.0 units)

Railway Goods Wagon Imports in India

In 2022, overseas purchases of railway or tramway goods vans and wagons (not self-propelled) were finally on the rise to reach 73 units after two years of decline. Over the period under review, imports, however, saw a sharp shrinkage. Over the period under review, imports reached the peak figure at 385 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, railway goods wagon imports skyrocketed to $2M in 2022. Overall, imports, however, recorded a precipitous descent. Imports peaked at $11M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Railway Goods Wagon in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	10,107	1,729	676	1,638	-45.5%
Germany	155	8.4	63.9	156	0.2%
China	127	34.4	33.0	80.3	-14.2%
Italy	164	77.4	30.4	74.1	-23.3%
United Arab Emirates	55.5	21.7	10.2	29.6	-18.9%
France	91.9	25.2	8.0	23.8	-36.3%
Brazil	N/A	1.6	1.1	4.2	62.0%
Singapore	21.4	88.5	N/A	N/A	313.6%
Others	4.1	1,152	49.4	N/A	247.1%
Total	10,726	3,138	872	2,005	-42.8%

Top Suppliers of Railway Goods Wagon to India in 2022:

South Korea (27.0 units)
France (16.0 units)
Italy (14.0 units)
China (8.0 units)
Germany (4.0 units)
Brazil (2.0 units)
United Arab Emirates (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the railway goods wagon market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 30203300 - Railway or tramway goods vans and wagons, not selfpropelled

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023