U.S. Locomotives, Train And Train Cars Market. Analysis And Forecast to 2030

U.S.: Overview of the Market for Locomotives, Train And Train Cars 2019

Market Size for Locomotives, Train And Train Cars in the U.S.

The revenue of the market for locomotives, train and train cars in the U.S. amounted to $X in 2018, shrinking by -X% against the previous year. Over the period under review, consumption of locomotives, train and train cars continues to indicate an abrupt setback. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Over the period under review, the market for locomotive, train and train car reached its peak figure level at $X in 2015; however, from 2016 to 2018, consumption failed to regain its momentum.

Production of Locomotives, Train And Train Cars in the U.S.

In value terms, production of locomotives, train and train cars stood at $X in 2018. Over the period under review, production of locomotives, train and train cars continues to indicate a deep drop. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production of locomotives, train and train cars reached its maximum level at $X in 2015; however, from 2016 to 2018, production failed to regain its momentum.

Exports of Locomotives, Train And Train Cars

Exports from the U.S.

Exports of locomotives, train and train cars from the U.S. stood at X tonnes in 2018, going up by X% against the previous year. In general, exports of locomotives, train and train cars, however, continue to indicate a deep decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, exports of locomotives, train and train cars reached their maximum at X tonnes in 2013; however, from 2014 to 2018, exports remained at a lower figure.

In value terms, exports of locomotives, train and train cars totaled $X in 2018. In general, exports of locomotives, train and train cars, however, continue to indicate an abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Exports peaked at $X in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

Exports by Country

India (X tonnes) was the main destination for exports of locomotives, train and train cars from the U.S., with a X% share of total exports. Moreover, exports of locomotives, train and train cars to India exceeded the volume sent to the second major destination, Australia (X tonnes), twofold. Brazil (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to India totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-X% per year) and Brazil (-X% per year).

In value terms, India ($X) emerged as the key foreign market for locomotive, train and train car exports from the U.S., comprising X% of total exports of locomotives, train and train cars. The second position in the ranking was occupied by Australia ($X), with a X% share of total exports. It was followed by Ukraine, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to India totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-X% per year) and Ukraine (+X% per year).

Export Prices by Country

The average export price for locomotives, train and train cars stood at $X per tonne in 2018, coming down by -X% against the previous year. Overall, the export price for locomotives, train and train cars continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. In that year, the average export prices for locomotives, train and train cars attained their peak level of $X per tonne, and then declined slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Tunisia ($X per tonne), while the average price for exports to South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Locomotives, Train And Train Cars

Imports into the U.S.

In 2018, the amount of locomotives, train and train cars imported into the U.S. stood at X tonnes, jumping by X% against the previous year. Overall, imports of locomotives, train and train cars continue to indicate a prominent increase. The growth pace was the most rapid in 2015 when imports increased by X% y-o-y. In that year, imports of locomotives, train and train cars attained their peak of X tonnes. From 2016 to 2018, the growth of imports of locomotives, train and train cars failed to regain its momentum.

In value terms, imports of locomotives, train and train cars amounted to $X in 2018. Overall, the total imports indicated a moderate expansion from 2013 to 2018: its value increased at an average annual rate of +X% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. In that year, imports of locomotives, train and train cars reached their peak of $X. From 2016 to 2018, the growth of imports of locomotives, train and train cars failed to regain its momentum.

Imports by Country

In 2018, China (X tonnes) constituted the largest supplier of locomotive, train and train car to the U.S., with a X% share of total imports. Moreover, imports of locomotives, train and train cars from China exceeded the figures recorded by the second-largest supplier, Russia (X tonnes), fourfold. Japan (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+X% per year) and Japan (-X% per year).

In value terms, China ($X), Japan ($X) and India ($X) constituted the largest locomotive, train and train car suppliers to the U.S., with a combined X% share of total imports. Germany, Russia, Spain, South Korea, Brazil, Indonesia and Ukraine lagged somewhat behind, together comprising a further X (+X% per year) recorded the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for locomotives, train and train cars stood at $X per tonne in 2018, waning by -X% against the previous year. In general, the import price for locomotives, train and train cars continues to indicate a moderate reduction. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. Over the period under review, the average import prices for locomotives, train and train cars reached their maximum at $X per tonne in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per tonne), while the price for Ukraine ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform