Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in the United Arab Emirates - 2022

Contents:

  1. Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in the United Arab Emirates (FOB) - 2022
  2. Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in the United Arab Emirates (CIF) - 2022
  3. Exports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in the United Arab Emirates
  4. Imports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in the United Arab Emirates

Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in the United Arab Emirates (FOB) - 2022

The average export price for rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $35,589 per unit in 2022, approximately mirroring the previous year. Overall, the export price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 5,977% against the previous year. The export price peaked at $287,506 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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 Kuwait ($90,000 per unit), while the average price for exports to Saudi Arabia stood at $463 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+40.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in the United Arab Emirates (CIF) - 2022

The average import price for rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $106,273 per unit in 2022, approximately equating the previous year. Overall, the import price continues to indicate perceptible growth. The pace of growth appeared the most rapid in 2019 an increase of 276% against the previous year. The import price peaked at $159,439 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 France ($378 per unit), while the price for Canada totaled $220 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+25.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in the United Arab Emirates

Exports of rail locomotives and locomotive tenders; other than diesel-electric powereds from the United Arab Emirates was estimated at 1 units in 2022, approximately reflecting 2021. In general, exports showed a relatively flat trend pattern. 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 rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $36K in 2022. Overall, exports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 355% against the previous year. The exports peaked at $38K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kuwait32.7N/AN/A90.040.1%
Saudi ArabiaN/A5.31.30.5-69.3%
ComorosN/A0.20.2N/A0.0%
Burundi4.9N/AN/AN/A0%
JordanN/AN/A0.3N/A0%
EthiopiaN/AN/A32.9N/A0%
IndiaN/A0.2N/AN/A0%
Oman0.10.60.7N/A164.6%
IraqN/A1.6N/AN/A0%
OthersN/AN/AN/A-54.90%
Total37.87.835.435.6-2.0%

Top Export Markets for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered from the United Arab Emirates in 2022:

  1. Kuwait (1.0 units)
  2. Saudi Arabia (1.0 units)

Imports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in the United Arab Emirates

In 2022, after three years of growth, there was decline in purchases abroad of rail locomotives and locomotive tenders; other than diesel-electric powereds, when their volume decreased by 0% to 99 units. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 4,900% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of rail locomotives and locomotive tenders; other than diesel-electric powereds reached $11M in 2022. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 4,520% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/AN/AN/AN/A0%
ChinaN/AN/A10.3N/A0%
FranceN/AN/AN/AN/A0%
PortugalN/A3.3N/AN/A0%
Czech RepublicN/A0.1N/AN/A0%
CanadaN/AN/AN/AN/A0%
Others0.11.90.210.5371.8%
Total0.15.310.510.5371.8%

Top Suppliers of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered to the United Arab Emirates in 2022:

  1. Canada (14.0 units)
  2. France (1.0 units)

Source: IndexBox Market Intelligence Platform

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