Price for Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Sri Lanka - 2022

Contents:

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

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

In 2022, the average import price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses amounted to $21,528 per ton, with an increase of 50% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $23,127 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($27,733 per ton), while the price for India ($20,865 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Sri Lanka

For the third consecutive year, Sri Lanka recorded decline in supplies from abroad of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses, which decreased by -50% to 1 tons in 2022. In general, imports showed a significant decline. The smallest decline of -34.9% was in 2021.

In value terms, imports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses shrank notably to $22K in 2022. Overall, imports showed a precipitous decrease. The smallest decline of -20.1% was in 2021.

Import of Railway or Tramway Locomotives or Rolling Stock; Parts, Driving Bogies and Bissel-Bogies in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India85.122.520.516.5-42.1%
United States9.211.17.55.1-17.9%
United Kingdom4.23.31.40.4-54.3%
OthersN/AN/AN/AN/A0%
Total98.536.829.422.0-39.3%

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

  1. India (793.0 kg)
  2. United States (215.0 kg)
  3. United Kingdom (15.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogies - Sri Lanka