Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in China - 2024

Contents:

1. Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in China (FOB) - 2024
2. Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in China (CIF) - 2022
3. Exports of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in China
4. Imports of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in China

Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in China (FOB) - 2024

In February 2024, the average export price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses amounted to $12,288 per ton, which is down by -3.2% against the previous month. In general, the export price saw a slight decrease. The most prominent rate of growth was recorded in April 2023 an increase of 25% against the previous month. Over the period under review, the average export prices reached the peak figure at $14,977 per ton in February 2023; however, from March 2023 to February 2024, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Taiwan (Chinese) ($21,429 per ton), while the average price for exports to the United States ($3,200 per ton) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in China (CIF) - 2022

In 2022, the average import price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses amounted to $38,087 per ton, remaining stable against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses increased by +25.4% against 2019 indices. The pace of growth appeared the most rapid in 2015 an increase of 66% against the previous year. The import price peaked at $47,304 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($63,877 per ton), while the price for Japan ($29,209 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in China

In 2022, exports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses from China fell rapidly to 929 tons, reducing by -23.9% on the previous year. In general, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 131%. As a result, the exports attained the peak of 1.2K tons, and then declined notably in the following year.

In value terms, exports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses skyrocketed to $13M in 2022. Over the period under review, exports, however, recorded a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies from China in 2022:

1. Mexico (341.7 tons)
2. Taiwan (Chinese) (126.6 tons)
3. Hong Kong SAR (103.3 tons)
4. Chile (92.2 tons)
5. Egypt (90.2 tons)
6. Thailand (78.2 tons)
7. Australia (41.5 tons)
8. Gabon (34.6 tons)
9. Malaysia (18.8 tons)
10. Iran (0.7 tons)

Imports of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in China

In 2022, purchases abroad of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses decreased by -74.9% to 200 tons, falling for the second year in a row after two years of growth. Over the period under review, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 8.7%. As a result, imports reached the peak of 1.3K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses shrank markedly to $7.6M in 2022. In general, imports showed a dramatic curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 19%. As a result, imports reached the peak of $42M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies to China in 2022:

1. Japan (123.8 tons)
2. Austria (50.2 tons)
3. France (22.0 tons)
4. Germany (4.4 tons)

Source: IndexBox Market Intelligence Platform