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

Contents:

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

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

In 2022, the average import price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses amounted to $59,427 per ton, remaining constant against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses decreased by -0.0% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of 55% against the previous year. Over the period under review, average import prices hit record highs at $59,428 per ton in 2020; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +9.6% per year.

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

Imports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses into Ethiopia surged to 15 tons in 2022, jumping by 20% compared with the previous year. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses skyrocketed to $917K in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. China (15.4 tons)

Source: IndexBox Market Intelligence Platform