ASEAN: Self-Propelled Railway Coach Market 2025

Self-Propelled Railway Coach Market Size in ASEAN

In 2021, the ASEAN self-propelled railway coach market increased by 0.5% to $X, rising for the fourth consecutive year after four years of decline. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Self-Propelled Railway Coach Production in ASEAN

In value terms, self-propelled railway coach production reached $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 28% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Self-Propelled Railway Coach Exports

Exports in ASEAN

In 2021, overseas shipments of railway or tramway coaches (self-propelled) increased by 151% to X tons, rising for the third consecutive year after four years of decline. In general, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2013 when exports increased by 311% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, self-propelled railway coach exports soared to $X in 2021. Overall, exports recorded prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 253%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Indonesia prevails in exports structure, accounting for X tons, which was near 97% of total exports in 2021. Malaysia (X tons) followed a long way behind the leaders.

Indonesia was also the fastest-growing in terms of the railway or tramway coaches (self-propelled) exports, with a CAGR of +11.6% from 2012 to 2021. Malaysia experienced a relatively flat trend pattern. While the share of Indonesia (+26 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Malaysia (-2.3 p.p.) displayed negative dynamics.

In value terms, Indonesia ($X) remains the largest self-propelled railway coach supplier in ASEAN, comprising 69% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 2.4% share of total exports.

In Indonesia, self-propelled railway coach exports increased at an average annual rate of +5.3% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in ASEAN amounted to $X per ton, jumping by 36% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while Indonesia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (-5.6%).

Self-Propelled Railway Coach Imports

Imports in ASEAN

After three years of growth, purchases abroad of railway or tramway coaches (self-propelled) decreased by -15.2% to X tons in 2021. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2015 when imports increased by 340%. Over the period under review, imports hit record highs at X tons in 2020, and then fell sharply in the following year.

In value terms, self-propelled railway coach imports shrank to $X in 2021. Overall, imports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2015 with an increase of 515%. The level of import peaked at $X in 2020, and then dropped in the following year.

Imports by Country

The countries with the highest levels of self-propelled railway coach imports in 2021 were Thailand (X tons), the Philippines (X tons), Singapore (X tons), Malaysia (X tons) and Vietnam (X tons), together reaching 98% of total import. Indonesia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for the Philippines (with a CAGR of +285.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest self-propelled railway coach importing markets in ASEAN were the Philippines ($X), Thailand ($X) and Singapore ($X), together accounting for 85% of total imports.

The Philippines, with a CAGR of +356.6%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in ASEAN amounted to $X per ton, increasing by 9.2% against the previous year. In general, the import price, however, showed a pronounced contraction. The growth pace was the most rapid in 2015 an increase of 40%. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Philippines ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+18.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform