Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Hungary - 2023

Contents:

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

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

In 2022, the average export price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses amounted to $16,364 per ton, falling by -33% against the previous year. Over the period under review, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2019 when the average export price increased by 108%. Over the period under review, the average export prices hit record highs at $50,234 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($21,328 per ton), while the average price for exports to the UK ($938 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+40.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses amounted to $12,095 per ton, rising by 27% against the previous year. Over the period under review, the import price, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2014 when the average import price increased by 419% against the previous year. The import price peaked at $71,429 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($70,231 per ton), while the price for Switzerland amounted to $12,051 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth year in a row, Hungary recorded growth in shipments abroad of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses, which increased by 29% to 1.1K tons in 2022. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 334%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses fell to $17M in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 379% against the previous year. As a result, the exports reached the peak of $20M, and then declined in the following year.

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

1. Poland (767.1 tons)
2. India (163.4 tons)
3. Switzerland (85.2 tons)
4. United Kingdom (22.0 tons)
5. Serbia (13.7 tons)
6. Belarus (2.0 tons)
7. United States (1.2 tons)

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

In 2022, overseas purchases of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses decreased by -32.5% to 79 tons, falling for the second year in a row after two years of growth. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 478% against the previous year. As a result, imports reached the peak of 139 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses declined to $961K in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 590% against the previous year. As a result, imports attained the peak of $1.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. Switzerland (79.4 tons)

Source: IndexBox Market Intelligence Platform