Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Azerbaijan - 2023
Contents:
- Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Azerbaijan (CIF) - 2023
- Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Azerbaijan (FOB) - 2022
- Imports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Azerbaijan
- Exports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Azerbaijan
Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Azerbaijan (CIF) - 2023
The average import price for rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $26,379 per unit in December 2023, rising by 1.8% against the previous month. Overall, the import price, however, recorded a deep setback. Over the period under review, average import prices attained the peak figure at $36,469 per unit in August 2023; afterwards, it flattened through to December 2023.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From August 2023 to December 2023, the rate of growth in terms of prices for Russia amounted to -7.8% per month.
Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Azerbaijan (FOB) - 2022
The average export price for rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $26,094 per unit in 2022, declining by -2.4% against the previous year. Overall, the export price saw a perceptible downturn. The export price peaked at $26,745 per unit in 2021, and then contracted in the following year.
As there is only one major export destination, the average price level is determined by prices for Latvia.
From 2021 to 2022, the rate of growth in terms of prices for Latvia amounted to -2.4% per year.
Imports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Azerbaijan
In 2022, the amount of rail locomotives and locomotive tenders; other than diesel-electric powereds imported into Azerbaijan declined remarkably to 4 units, which is down by -42.9% on the year before. Overall, imports saw a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 600%. Imports peaked at 14 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of rail locomotives and locomotive tenders; other than diesel-electric powereds shrank to $750K in 2022. In general, imports, however, posted a noticeable expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,954%. As a result, imports attained the peak of $825K, and then declined in the following year.
| Import of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 58.5 | 26.6 | 76.1 | 750 | 134.0% |
| Ireland | 242 | N/A | N/A | N/A | 0% |
| Germany | 73.5 | 13.6 | 74.7 | N/A | 0.8% |
| Lithuania | 302 | N/A | N/A | N/A | 0% |
| Ukraine | N/A | N/A | 674 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 676 | 40.2 | 825 | 750 | 3.5% |
Top Suppliers of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered to Azerbaijan in 2022:
- Russia (14.0 units)
Exports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Azerbaijan
For the fourth year in a row, Azerbaijan recorded growth in shipments abroad of rail locomotives and locomotive tenders; other than diesel-electric powereds, which increased by 50% to 12 units in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 300%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of rail locomotives and locomotive tenders; other than diesel-electric powereds surged to $313K in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 166%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Latvia | 214 | 313 | 46.3% | ||
| Others | N/A | N/A | 0% | ||
| Total | 214 | 313 | 46.3% | ||
Top Export Markets for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered from Azerbaijan in 2022:
- Latvia (12.0 units)
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