Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Italy - 2023
Contents:
- Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Italy (FOB) - 2023
- Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Italy (CIF) - 2023
- Exports of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Italy
- Imports of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Italy
Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Italy (FOB) - 2023
The average export price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses stood at $31,423 per ton in December 2023, waning by -23.9% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in November 2023 an increase of 30% month-to-month. As a result, the export price reached the peak level of $41,271 per ton, and then contracted significantly in the following month.
As there is only one major export destination, the average price level is determined by prices for the UK.
From December 2022 to December 2023, the rate of growth in terms of prices for the UK amounted to +1.2% per month.
Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Italy (CIF) - 2023
The average import price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses stood at $76,978 per ton in December 2023, with an increase of 1,087% against the previous month. Over the period under review, the import price continues to indicate a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was Romania ($79,534 per ton), while the price for Germany totaled $77,319 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Romania (+24.9%).
Exports of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Italy
For the fourth consecutive year, Italy recorded growth in shipments abroad of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses, which increased by 161% to 1.8K tons in 2022. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 182%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses soared to $46M in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 174% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 4.8 | 15.1 | 43.0 | 199.3% |
| Switzerland | 3.0 | 1.1 | 1.0 | 1.9 | -14.1% |
| Cameroon | N/A | N/A | 0.1 | 0.2 | 100.0% |
| United States | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Brazil | 0.2 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.6 | 1.7 | 0.4 | -18.4% |
| Total | 3.4 | 6.6 | 18.0 | 45.6 | 137.6% |
Top Export Markets for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies from Italy in 2022:
- United Kingdom (1548.6 tons)
- Switzerland (110.1 tons)
- Cameroon (78.3 tons)
Imports of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Italy
After three years of growth, overseas purchases of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses decreased by -6.1% to 530 tons in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 84%.
In value terms, imports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses fell remarkably to $4.2M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -22.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 50% against the previous year. As a result, imports reached the peak of $5.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 1.1 | 1.5 | 1.7 | 2.4 | 29.7% |
| Switzerland | 2.3 | 3.0 | 3.1 | 1.2 | -19.5% |
| Germany | N/A | 0.9 | N/A | 0.2 | -52.9% |
| Others | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| Total | 3.6 | 5.4 | 5.0 | 4.2 | 5.3% |
Top Suppliers of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies to Italy in 2022:
- Romania (494.4 tons)
- Switzerland (18.3 tons)
- Germany (7.0 tons)
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