U.S. Locomotives, Train And Train Cars Market. Analysis And Forecast to 2025

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

Market Size for Locomotives, Train And Train Cars in the USA

The revenue of the market of locomotives, train and train cars in the U.S. amounted to $X in 2018, going up by X% against the previous year. In general, consumption of locomotives, train and train cars continues to indicate a deep deduction. The growth pace was the most rapid in 2018, when it surged by X% against the previous year. The consumption of locomotives, train and train cars peaked of $X in 2014; however, from 2015 to 2018, it failed to regain its momentum.

Production of Locomotives, Train And Train Cars in the USA

In value terms, production of locomotives, train and train cars amounted to $X in 2018. In general, production of locomotives, train and train cars continues to indicate a drastic reduction. The most prominent rate of growth was recorded in 2014, when the output figure increased by X% y-o-y. The production of locomotives, train and train cars peaked of $X in 2015; however, from 2016 to 2018, it stood at a somewhat lower level.

Exports of Locomotives, Train And Train Cars

Exports from the USA

In 2018, the amount of locomotives, train and train cars exported from the U.S. stood at X tonnes, jumping by X% against the previous year. Overall, exports of locomotives, train and train cars continue to indicate a deep shrinkage. The pace of growth appeared the most rapid in 2018, when exports increased by X% year-to-year. Over the period under review, the exports of locomotives, train and train cars attained its peak figure volume of X tonnes in 2013; however, from 2014 to 2018, it stood at a somewhat lower level.

In value terms, exports of locomotives, train and train cars stood at $X in 2018. Overall, exports of locomotives, train and train cars continue to indicate an abrupt decrease. The exports peaked of $X in 2013; however, from 2014 to 2018, it stood at a somewhat lower level.

Exports by Country

India (X tonnes) was the main destination of exports of locomotives, train and train cars from the U.S., accounting for 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 2013 to 2018, the average annual growth rate of volume to India stood at +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 ($X) emerged as the key foreign market for locomotive, train and train car exports from the U.S., making up X% of total exports of locomotives, train and train cars. The second position in the ranking was occupied by Australia ($X), with a X% share of total exports. It was followed by Ukraine, with a X% share.

From 2013 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 kg in 2018, falling by -X% against the previous year. Overall, export price for locomotives, train and train cars continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017, an increase of X% year-to-year. In that year, the average export prices for locomotives, train and train cars reached their peak level of $X per kg, and then declined slightly in the following year.

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

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to Tunisia (+X% per year), the export prices for the other major destinations experienced more modest paces of growth.

Imports of Locomotives, Train And Train Cars

Imports into the USA

In 2018, the amount of locomotives, train and train cars imported into the U.S. amounted to X tonnes, surging by X% against the previous year. Overall, imports of locomotives, train and train cars continue to indicate a strong increase. The growth pace was the most rapid in 2015, when it surged by X% y-o-y. In that year, the imports of locomotives, train and train cars attained their peak volume of X tonnes. From 2016 to 2018, growth of the 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. In general, 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 year period. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. In that year, the imports of locomotives, train and train cars reached their peak level of $X. From 2016 to 2018, growth of the imports of locomotives, train and train cars stood at a somewhat lower level.

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 2013 to 2018, the average annual rate of growth in terms of volume from China stood at +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) were the largest locomotive, train and train car suppliers to the U.S., with a combined X% share of total imports. These countries were followed by Germany, Russia, Spain, South Korea, Brazil, Indonesia and Ukraine, which together accounted for a further X%.

Among the main suppliers, Indonesia (+X% per year) recorded the highest rates of growth with regard to imports, over the last five years, 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 kg in 2018, coming down by -X% against the previous year. In general, import price for locomotives, train and train cars continues to indicate a temperate setback. The pace of growth was the most pronounced in 2016, when the average import price increased by X% against the previous year. Over the period under review, the average import prices for locomotives, train and train cars reached its maximum level of $X per kg in 2013; however, from 2014 to 2018, it stood at a somewhat lower level.

Import prices varied noticeably by the country of origin; the country with the highest import price was Germany ($X per kg), while price for Ukraine ($X per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Japan (+X% per year), the import prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform