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Report Asia-Pacific - Railway or Tramway Passenger Coaches (Not Self-Propelled) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Asia-Pacific - Railway or Tramway Passenger Coaches (Not Self-Propelled) - Market Analysis, Forecast, Size, Trends and Insights

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Asia-Pacific: Railway Passenger Coach Market 2025

Railway Passenger Coach Market Size in Asia-Pacific

After three years of growth, the Asia-Pacific railway passenger coach market decreased by -40.1% to $X in 2022. Over the period under review, consumption recorded a noticeable downturn. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Railway Passenger Coach Production in Asia-Pacific

In value terms, railway passenger coach production declined modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a mild slump. The growth pace was the most rapid in 2014 with an increase of 20% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Railway Passenger Coach Exports

Exports in Asia-Pacific

For the fourth year in a row, Asia-Pacific recorded growth in overseas shipments of railway or tramway passenger coaches (not self-propelled), which increased by 866% to X units in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 2,282%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, railway passenger coach exports skyrocketed to $X in 2022. In general, exports, however, saw a pronounced decrease. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Myanmar dominates exports structure, accounting for X units, which was approx. 93% of total exports in 2022. It was distantly followed by South Korea (X units), committing a 6.6% share of total exports.

Myanmar was also the fastest-growing in terms of the railway or tramway passenger coaches (not self-propelled) exports, with a CAGR of +6,574.8% from 2012 to 2022. At the same time, South Korea (+47.2%) displayed positive paces of growth. From 2012 to 2022, the share of Myanmar increased by +93 percentage points.

In value terms, South Korea ($X) emerged as the largest railway passenger coach supplier in Asia-Pacific, comprising 24% of total exports. The second position in the ranking was held by Myanmar ($X), with a 1.8% share of total exports.

In South Korea, railway passenger coach exports expanded at an average annual rate of +54.1% over the period from 2012-2022.

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, reducing by -77.4% against the previous year. In general, the export price saw a precipitous shrinkage. The pace of growth was the most pronounced in 2015 an increase of 2,001%. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.6%).

Railway Passenger Coach Imports

Imports in Asia-Pacific

In 2022, purchases abroad of railway or tramway passenger coaches (not self-propelled) decreased by -44.5% to X units, falling for the second consecutive year after two years of growth. Overall, imports, however, posted pronounced growth. The most prominent rate of growth was recorded in 2016 when imports increased by 149% against the previous year. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, railway passenger coach imports declined notably to $X in 2022. In general, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2016 with an increase of 99%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of railway passenger coach imports in 2022 were Hong Kong SAR (X units) and the Philippines (X units), together finishing at 96% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Philippines (with a CAGR of +228.3%).

In value terms, Hong Kong SAR ($X) and the Philippines ($X) appeared to be the countries with the highest levels of imports in 2022.

The Philippines, with a CAGR of +177.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, surging by 2.8% against the previous year. Over the period under review, the import price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 an increase of 159%. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while the Philippines totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (-15.5%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Australia remains the largest railway passenger coach consuming country in Asia-Pacific, accounting for 99% of total volume.
China remains the largest railway passenger coach producing country in Asia-Pacific, comprising approx. 77% of total volume. Moreover, railway passenger coach production in China exceeded the figures recorded by the second-largest producer, India, fourfold.
In value terms, China and India were the countries with the highest levels of exports in 2021.
In value terms, Australia constitutes the largest market for imported railway or tramway passenger coaches not self-propelled) in Asia-Pacific.
In 2021, the railway passenger coach export price in Asia-Pacific amounted to $150,045 per unit, jumping by 32% against the previous year.
The railway passenger coach import price in Asia-Pacific stood at $94 per unit in 2021, falling by -7.3% against the previous year.

This report provides an in-depth analysis of the railway passenger coach market in Asia-Pacific. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 30203200 - Rail/tramway passenger coaches, luggage vans, post office coaches and other special purpose rail/tramway coaches excluding rail/tramway maintenance/service vehicles, selfpropelled

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Asia-Pacific, split by region and country
  • Trade (exports and imports) in Asia-Pacific
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Australia
    • Bangladesh
    • Bhutan
    • Brunei Darussalam
    • Cambodia
    • China
    • Hong Kong SAR
    • Macao SAR
    • Cook Islands
    • Fiji
    • French Polynesia
    • India
    • Indonesia
    • Japan
    • Kiribati
    • Malaysia
    • Maldives
    • Marshall Islands
    • Micronesia
    • Myanmar
    • Nepal
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Pakistan
    • Palau
    • Papua New Guinea
    • Philippines
    • Samoa
    • Singapore
    • Solomon Islands
    • South Korea
    • Sri Lanka
    • Taiwan (Chinese)
    • Thailand
    • Timor-Leste
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Vietnam
    • Wallis and Futuna Islands
    • Lao People's Democratic Republic
    • American Samoa
    • Democratic People's Republic of Korea
    • Nauru
    • Niue
    • Guam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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