Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in the Dominican Republic - 2022

Contents:

1. Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in the Dominican Republic (CIF) - 2022
2. Imports of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in the Dominican Republic

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

In 2022, the average import price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses amounted to $22,656 per ton, shrinking by -8.5% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses decreased by -15.7% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 69% against the previous year. The import price peaked at $26,863 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, 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 the United States amounted to +1.7% per year.

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

After three years of growth, purchases abroad of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses decreased by -7.9% to 2.9 tons in 2022. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 773%. As a result, imports attained the peak of 3.1 tons, and then dropped in the following year.

In value terms, imports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses declined remarkably to $65K in 2022. Overall, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 705% against the previous year. As a result, imports reached the peak of $77K, and then declined significantly in the following year.

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

1. United States (2.9 tons)

Source: IndexBox Market Intelligence Platform