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

Contents:

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

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

In 2022, the average import price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses amounted to $21,560 per ton, jumping by 30% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.0%. The pace of growth was the most pronounced in 2014 when the average import price increased by 48%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($21,573 per ton) and Mexico ($21,564 per ton), while the price for Switzerland ($21,560 per ton) and the United States ($21,560 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses amounted to $23,225 per ton, falling by -16.3% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average export price increased by 98% against the previous year. As a result, the export price reached the peak level of $43,901 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, 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 Brazil amounted to +35.3% per year.

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

In 2022, overseas purchases of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses decreased by -27.3% to 238 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 29%. As a result, imports reached the peak of 783 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 to $5.1M in 2022. Over the period under review, imports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2020 when imports increased by 22%. As a result, imports reached the peak of $14M. 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 Canada in 2022:

1. Switzerland (105.5 tons)
2. Austria (70.9 tons)
3. United States (58.1 tons)
4. Mexico (2.7 tons)

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

In 2022, exports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses from Canada expanded remarkably to 51 tons, with an increase of 13% against the year before. In general, exports, however, continue to indicate a perceptible descent. The pace of growth appeared the most rapid in 2021 when exports increased by 67% against the previous year.

In value terms, exports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses reduced to $1.2M in 2022. Over the period under review, exports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 73% against the previous year.

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

1. United States (50.6 tons)

Source: IndexBox Market Intelligence Platform