Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in the Dominican Republic - 2023

Contents:

  1. Price for Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in the Dominican Republic (CIF) - 2022
  2. Imports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in the Dominican Republic

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

The average import price for rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $100,000 per unit in 2022, with an increase of 2.6% against the previous year. In general, the import price recorded temperate growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by 533%. The import price peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +52.7% per year.

Imports of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in the Dominican Republic

Imports of rail locomotives and locomotive tenders; other than diesel-electric powereds into the Dominican Republic totaled 1 units in 2022, remaining relatively unchanged against 2021 figures. Over the period under review, imports recorded a relatively flat trend pattern. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of rail locomotives and locomotive tenders; other than diesel-electric powereds stood at $100K in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Rail Locomotives and Locomotive Tenders; Other than Diesel-Electric Powered in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States39.737.535.312345.8%
China55.258.762.1N/A6.1%
OthersN/AN/AN/A-23.10%
Total95.096.297.51001.7%

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

  1. United States (2.0 units)

Source: IndexBox Market Intelligence Platform

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