Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Kuwait - 2022

Contents:

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

Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Kuwait (FOB) - 2022

The average export price for rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $6,861 per unit in 2022, leveling off at the previous year. In general, the export price saw a perceptible decline. The growth pace was the most rapid in 2020 when the average export price decreased by 99.9% against the previous year. The export price peaked at $7,918 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2019 to 2022, the rate of growth in terms of prices for Qatar amounted to 0.0% per year.

Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Kuwait (CIF) - 2022

The average import price for rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $6,060 per unit in 2022, rising by 184% against the previous year. In general, the import price, however, showed a sharp decline. The most prominent rate of growth was recorded in 2019 an increase of 661% against the previous year. The import price peaked at $46,650 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2016 to 2022, the rate of growth in terms of prices for Bahrain amounted to +1,181.5% per year.

Exports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Kuwait

In 2022, overseas shipments of rail locomotives and locomotive tenders; other than diesel-electric powereds decreased by 0% to 1 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate a dramatic shrinkage. The smallest decline of 99.9% was in 2020. The exports peaked at 2 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $6.9K in 2022. In general, exports faced a precipitous decrease. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the peak figure at $16K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
QatarN/AN/AN/A6.90%
Trinidad and Tobago15.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total15.8N/AN/A6.9-24.1%

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

  1. Qatar (1.0 units)

Imports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Kuwait

In 2022, approx. 1 units of rail locomotives and locomotive tenders; other than diesel-electric powereds were imported into Kuwait; remaining relatively unchanged against the year before. Over the period under review, imports saw a relatively flat trend pattern. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of rail locomotives and locomotive tenders; other than diesel-electric powereds surged to $6.1K in 2022. Overall, imports continue to indicate a resilient expansion. Over the period under review, imports of reached the maximum at $10K in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates5.0N/AN/A6.16.9%
China0.1N/AN/AN/A0%
BahrainN/AN/A2.1N/A0%
OthersN/A10.0N/AN/A0%
Total5.110.02.16.16.1%

Top Suppliers of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered to Kuwait in 2022:

  1. United Arab Emirates (1.0 units)

Source: IndexBox Market Intelligence Platform

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