Report Update: May 1, 2024

India - Railway Or Tramway Passenger Coaches (Not Self-Propelled) - Market Analysis, Forecast, Size, Trends and Insights

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Railway Passenger Coach Price in India - 2023

Railway Passenger Coach Price in India (FOB) - 2022

The average railway passenger coach export price stood at $631,858 per unit in 2022, with an increase of 34% against the previous year. Over the period under review, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 1,383% against the previous year. As a result, the export price reached the peak level of $967,152 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($780,280 per unit), while the average price for exports to Sri Lanka amounted to $480,064 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+281.4%), while the prices for the other major destinations experienced more modest paces of growth.

Railway Passenger Coach Price in India (CIF) - 2022

In 2022, the average railway passenger coach import price amounted to $2,368 per unit, increasing by 283% against the previous year. Over the period under review, the import price, however, saw a deep downturn. The pace of growth was the most pronounced in 2015 when the average import price increased by 292% against the previous year. Over the period under review, average import prices hit record highs at $14,591 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +54.8% per year.

Railway Passenger Coach Exports in India

In 2022, shipments abroad of railway or tramway passenger coaches (not self-propelled) decreased by -46.4% to 89 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a dramatic decrease. The exports peaked at 186 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, railway passenger coach exports shrank remarkably to $56M in 2022. In general, exports recorded a dramatic decline. Over the period under review, the exports hit record highs at $169M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Railway Passenger Coach in India (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mozambique	N/A	N/A	3.9	35.1	800.0%
Sri Lanka	23.1	N/A	54.5	21.1	-3.0%
Bangladesh	16.9	N/A	20.1	N/A	9.1%
Australia	129	N/A	N/A	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	169	N/A	78.5	56.2	-30.7%

Top Export Markets for Railway Passenger Coach from India in 2022:

Mozambique (45.0 units)
Sri Lanka (44.0 units)

Railway Passenger Coach Imports in India

In 2022, imports of railway or tramway passenger coaches (not self-propelled) into India shrank markedly to 5 units, with a decrease of -28.6% on the year before. In general, imports saw a deep reduction. The growth pace was the most rapid in 2020 when imports increased by 17% against the previous year. Over the period under review, imports attained the maximum at 7 units in 2021, and then reduced notably in the following year.

In value terms, railway passenger coach imports soared to $12K in 2022. Over the period under review, imports recorded a significant contraction. Over the period under review, imports reached the maximum at $24K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Railway Passenger Coach in India (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1.0	0.2	N/A	11.8	127.7%
Spain	3.3	0.8	0.3	N/A	-69.8%
China	10.5	1.5	0.3	N/A	-83.1%
Sri Lanka	N/A	N/A	N/A	N/A	0%
United Kingdom	N/A	N/A	N/A	N/A	0%
France	N/A	N/A	N/A	N/A	0%
Italy	7.9	2.6	1.9	N/A	-51.0%
Others	1.0	N/A	1.9	N/A	37.8%
Total	23.7	5.1	4.3	11.8	-20.7%

Top Suppliers of Railway Passenger Coach to India in 2022:

Germany (5.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the railway passenger coach 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 30203200 - Rail/tramway passenger coaches, luggage vans, post office coaches and other special purpose rail/tramway coaches excluding rail/tramway maintenance/service vehicles, 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