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

Contents:

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

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

The average import price for rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $165,566 per unit in 2022, growing by 108% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $175,410 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +0.5% per year.

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

In 2022, supplies from abroad of rail locomotives and locomotive tenders; other than diesel-electric powereds decreased by -82.3% to 56 units, falling for the second consecutive year after two years of growth. Overall, imports recorded a significant contraction. The pace of growth appeared the most rapid in 2020 with an increase of 21% against the previous year. As a result, imports attained the peak of 578 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of rail locomotives and locomotive tenders; other than diesel-electric powereds contracted dramatically to $9.3M in 2022. In general, imports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 18%. As a result, imports attained the peak of $94M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Kenya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China80.289.219.49.3-51.2%
SpainN/A5.05.8N/A16.0%
OthersN/AN/AN/AN/A0%
Total80.294.225.29.3-51.2%

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

  1. China (56.0 units)

Source: IndexBox Market Intelligence Platform

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