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

Contents:

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

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

In 2022, the average import price for railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses amounted to $31,606 per ton, growing by 6.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2016 when the average import price increased by 29% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($41,909 per ton), while the price for China totaled $27,673 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 59 tons of railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses were imported into Iran; surging by 6.2% against 2021 figures. The total import volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 6.2%. 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 railway or tramway locomotives or rolling stock; parts, driving bogies and bissel-bogieses reached $1.9M in 2022. The total import value increased at an average annual rate of +13.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 14%. Imports peaked in 2022 and are likely to see steady growth in years to come.

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

1. China (43.0 tons)
2. Romania (16.4 tons)

Source: IndexBox Market Intelligence Platform