Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Panama - 2022

Contents:

1. Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Panama (CIF) - 2022
2. Imports of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Panama

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

In 2022, the average import price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses amounted to $17,112 per ton, almost unchanged from the previous year. Overall, the import price recorded a pronounced shrinkage. The growth pace was the most rapid in 2016 an increase of 14%. Over the period under review, average import prices hit record highs at $24,040 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -3.3% per year.

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

In 2022, overseas purchases of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses decreased by -17.4% to 1.1 tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -31.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 89% against the previous year. As a result, imports reached the peak of 1.7 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 reduced sharply to $19K in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -33.5% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 88% against the previous year. As a result, imports attained the peak of $29K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. United States (1.1 tons)

Source: IndexBox Market Intelligence Platform