South Africa: Self-Propelled Railway Coach Market 2024

Self-Propelled Railway Coach Market Size in South Africa

The South African self-propelled railway coach market declined remarkably to $X in 2023, reducing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2023, consumption failed to regain momentum.

Self-Propelled Railway Coach Production in South Africa

In value terms, self-propelled railway coach production rose to $X in 2023 estimated in export price. In general, production saw a buoyant increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. Self-propelled railway coach production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

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Self-Propelled Railway Coach Exports

Exports from South Africa

In 2023, exports of railway or tramway coaches (self-propelled) from South Africa stood at X units, almost unchanged from the previous year. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, self-propelled railway coach exports contracted markedly to $X in 2023. Overall, exports faced a sharp reduction. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

Exports by Country

Botswana (X units), Mozambique (X units) and Namibia (X units) were the main destinations of self-propelled railway coach exports from South Africa.

From 2012 to 2023, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for self-propelled railway coach exported from South Africa were Democratic Republic of the Congo ($X), Botswana ($X) and Mozambique ($X). Moreover, self-propelled railway coach exports in Democratic Republic of the Congo exceeded the figures recorded by the second-largest exporter, Botswana, twofold.

Among the main countries of destination, Swaziland, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2023, the average self-propelled railway coach export price amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the export price showed a precipitous contraction. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X,998 per unit in 2015; however, from 2016 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while the average price for exports to Lesotho ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Propelled Railway Coach Imports

Imports into South Africa

In 2023, approx. X units of railway or tramway coaches (self-propelled) were imported into South Africa; approximately equating 2022 figures. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2023, imports remained at a lower figure.

In value terms, self-propelled railway coach imports shrank notably to $X in 2023. Overall, imports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2023, imports failed to regain momentum.

Imports by Country

India (X units) and Germany (X units) were the main suppliers of self-propelled railway coach imports to South Africa.

From 2012 to 2023, the biggest increases were recorded for India (with a CAGR of X%).

In value terms, the largest self-propelled railway coach suppliers to South Africa were India ($X) and Germany ($X).

Among the main suppliers, India, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2023, the average self-propelled railway coach import price amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price showed a dramatic downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X,165 per unit in 2015; however, from 2016 to 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was India ($X per unit), while the price for Germany stood at $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform