Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Pakistan - 2022

Contents:

  1. Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Pakistan (CIF) - 2022
  2. Imports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Pakistan

Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Pakistan (CIF) - 2022

The average import price for rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $49,501 per unit in 2022, surging by 3.8% against the previous year. In general, the import price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average import price increased by 97% against the previous year. Over the period under review, average import prices attained the maximum at $195,486 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($4,012 per unit), while the price for China amounted to $2,391 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.5%).

Imports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Pakistan

Imports of rail locomotives and locomotive tenders; other than diesel-electric powereds into Pakistan stood at 1 units in 2022, remaining constant against the year before. Over the period under review, imports showed a relatively flat trend pattern. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of rail locomotives and locomotive tenders; other than diesel-electric powereds expanded to $50K in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 3.8%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A4.00%
China33.030.824.62.4-58.3%
United States11.315.223.1N/A43.0%
OthersN/AN/AN/A43.10%
Total44.346.047.749.53.8%

Top Suppliers of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered to Pakistan in 2022:

  1. United Kingdom (1.0 units)
  2. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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