Price for Rail Locomotives; Powered by Electric Accumulators in Colombia - 2022

Contents:

  1. Price for Rail Locomotives; Powered by Electric Accumulators in Colombia (CIF) - 2022
  2. Imports of Rail Locomotives; Powered by Electric Accumulators in Colombia

Price for Rail Locomotives; Powered by Electric Accumulators in Colombia (CIF) - 2022

In 2022, the average import price for rail locomotives; powered by electric accumulatorses amounted to $46,728 per unit, rising by 47% against the previous year. In general, the import price enjoyed temperate growth. The growth pace was the most rapid in 2016 an increase of 240% against the previous year. Over the period under review, average import prices hit record highs at $62,608 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Peru ($86,617 per unit), while the price for China ($26,794 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Rail Locomotives; Powered by Electric Accumulators in Colombia

In 2022, after three years of growth, there was significant decline in overseas purchases of rail locomotives; powered by electric accumulatorses, when their volume decreased by -46.9% to 17 units. In general, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 113%. As a result, imports reached the peak of 32 units, and then contracted notably in the following year.

In value terms, imports of rail locomotives; powered by electric accumulatorses contracted notably to $794K in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 105%. As a result, imports reached the peak of $1M, and then contracted remarkably in the following year.

Import of Rail Locomotives; Powered by Electric Accumulators in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru10719043343359.4%
Spain95.711428920128.1%
China23.611813216189.7%
EcuadorN/AN/A83.0N/A0%
United States12.513.612.9N/A1.6%
Canada47.959.364.0N/A15.6%
OthersN/AN/AN/AN/A0%
Total2874951,01479440.4%

Top Suppliers of Rail Locomotives; Powered by Electric Accumulators to Colombia in 2022:

  1. China (6.0 units)
  2. Spain (6.0 units)
  3. Peru (5.0 units)

Source: IndexBox Market Intelligence Platform

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