SADC: Railway Goods Wagon Market 2024

Railway Goods Wagon Market Size in SADC

The SADC railway goods wagon market expanded notably to $X in 2022, growing by X% against the previous year. The total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Railway Goods Wagon Production in SADC

In value terms, railway goods wagon production fell modestly to $X in 2022 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Railway Goods Wagon Exports

Exports in SADC

In 2022, railway goods wagon exports in SADC soared to X units, with an increase of X% on 2021 figures. Overall, exports enjoyed a strong expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, railway goods wagon exports fell markedly to $X in 2022. Over the period under review, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Botswana dominates exports structure, amounting to X units, which was approx. X% of total exports in 2022. It was distantly followed by South Africa (X units), generating a X% share of total exports.

Botswana was also the fastest-growing in terms of the railway or tramway goods vans and wagons (not self-propelled) exports, with a CAGR of X% from 2012 to 2022. South Africa (X%) illustrated a downward trend over the same period. While the share of Botswana (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest railway goods wagon supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Botswana ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa totaled X%.

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Botswana stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Railway Goods Wagon Imports

Imports in SADC

In 2022, purchases abroad of railway or tramway goods vans and wagons (not self-propelled) increased by X% to X units, rising for the third consecutive year after four years of decline. Over the period under review, imports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, railway goods wagon imports soared to $X in 2022. Overall, imports, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Mozambique (X units) was the key importer of railway or tramway goods vans and wagons (not self-propelled), making up X% of total imports. South Africa (X units) took the second position in the ranking, distantly followed by Tanzania (X units) and Democratic Republic of the Congo (X units). All these countries together held near X% share of total imports. Zimbabwe (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Democratic Republic of the Congo (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mozambique ($X) constitutes the largest market for imported railway or tramway goods vans and wagons (not self-propelled) in SADC, comprising X% of total imports. The second position in the ranking was held by Tanzania ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Mozambique totaled X%. In the other countries, the average annual rates were as follows: Tanzania (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the import price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mozambique ($X per unit), while South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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