Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in the United States - 2024
Contents:
- Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in the United States (CIF) - 2024
- Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in the United States (FOB) - 2022
- Imports of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in the United States
- Exports of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in the United States
Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in the United States (CIF) - 2024
In February 2024, the average import price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses amounted to $13,984 per ton, dropping by -3.1% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 an increase of 24% month-to-month. The import price peaked at $16,514 per ton in May 2023; however, from June 2023 to February 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($14,905 per ton), while the price for India ($3,540 per ton) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Hungary (+21.0%), while the prices for the other major suppliers experienced a decline.
Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in the United States (FOB) - 2022
The average export price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses stood at $20,898 per ton in 2022, stabilizing at the previous year. Over the period under review, the export price, however, showed a mild decrease. The most prominent rate of growth was recorded in 2016 an increase of 47%. As a result, the export price attained the peak level of $30,562 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($129,224 per ton), while the average price for exports to the Dominican Republic ($4,724 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 Indonesia (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in the United States
In 2022, the amount of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses imported into the United States fell to 2.9K tons, with a decrease of -5.4% on the previous year's figure. In general, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 130% against the previous year.
In value terms, imports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses rose remarkably to $36M in 2022. Overall, imports recorded a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 107%.
| Import of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 0.6 | 10.1 | 23.4 | 19.6 | 219.7% |
| Japan | 6.0 | 2.7 | 8.0 | 11.1 | 22.8% |
| Mexico | 47.0 | N/A | N/A | 1.7 | -66.9% |
| Canada | 0.9 | 0.3 | 1.0 | 0.8 | -3.9% |
| India | 1.0 | N/A | 0.2 | 0.8 | -7.2% |
| Germany | 4.5 | 1.9 | 0.3 | 0.7 | -46.2% |
| Hungary | 0.5 | 0.3 | N/A | 0.6 | 6.3% |
| China | 0.4 | 0.7 | 0.3 | 0.3 | -9.1% |
| Others | 0.3 | 0.2 | 0.5 | 0.3 | 0.0% |
| Total | 61.2 | 16.3 | 33.6 | 35.9 | -16.3% |
Top Suppliers of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies to the United States in 2022:
- Austria (1073.0 tons)
- Japan (1045.3 tons)
- Mexico (226.7 tons)
- India (100.8 tons)
- Canada (95.2 tons)
- Hungary (85.0 tons)
- Germany (81.7 tons)
- China (77.1 tons)
Exports of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in the United States
For the third year in a row, the United States recorded decline in overseas shipments of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses, which decreased by -9.1% to 304 tons in 2022. Over the period under review, exports saw a precipitous slump.
In value terms, exports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses fell to $6.4M in 2022. Overall, exports showed a sharp slump.
| Export of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | N/A | N/A | N/A | 2.1 | 0% |
| Panama | N/A | 0.3 | 3.6 | 1.5 | 123.6% |
| Canada | 11.6 | 13.0 | 2.0 | 1.3 | -51.8% |
| Australia | 1.1 | 1.1 | 0.1 | 0.4 | -28.6% |
| Mexico | 0.2 | 0.3 | 0.2 | 0.4 | 26.0% |
| Dominican Republic | N/A | N/A | N/A | 0.1 | 0% |
| South Korea | 2.7 | 2.1 | N/A | N/A | -22.2% |
| Tunisia | 2.4 | N/A | N/A | N/A | 0% |
| Ukraine | 5.3 | N/A | N/A | N/A | 0% |
| Others | 0.9 | 2.1 | 1.1 | 0.7 | -8.0% |
| Total | 24.0 | 18.8 | 7.0 | 6.4 | -35.6% |
Top Export Markets for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies from the United States in 2022:
- Panama (112.5 tons)
- Canada (87.8 tons)
- Nigeria (42.5 tons)
- Mexico (30.9 tons)
- Dominican Republic (15.5 tons)
- Australia (4.1 tons)
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