Asia-Pacific: Self-Propelled Railway Coach Market 2025

Self-Propelled Railway Coach Market Size in Asia-Pacific

The Asia-Pacific self-propelled railway coach market rose slightly to $X in 2021, surging by 2.2% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Self-Propelled Railway Coach Production in Asia-Pacific

In value terms, self-propelled railway coach production totaled $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 14%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Self-Propelled Railway Coach Exports

Exports in Asia-Pacific

In 2021, self-propelled railway coach exports in Asia-Pacific reduced to X tons, approximately reflecting the year before. Total exports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +81.9% against 2017 indices. The most prominent rate of growth was recorded in 2015 with an increase of 52% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, self-propelled railway coach exports soared to $X in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 42%. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, China (X tons) was the major exporter of railway or tramway coaches (self-propelled), making up 49% of total exports. South Korea (X tons) took the second position in the ranking, distantly followed by Japan (X tons), Hong Kong SAR (X tons) and India (X tons). All these countries together held approx. 51% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Hong Kong SAR (with a CAGR of +117.4%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), South Korea ($X) and Japan ($X) were the countries with the highest levels of exports in 2021, with a combined 89% share of total exports. India and Hong Kong SAR lagged somewhat behind, together accounting for a further 11%.

India, with a CAGR of +130.0%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, with an increase of 16% against the previous year. Overall, the export price, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2016 an increase of 51%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+6.3%), while the other leaders experienced mixed trends in the export price figures.

Self-Propelled Railway Coach Imports

Imports in Asia-Pacific

Self-propelled railway coach imports skyrocketed to X tons in 2021, increasing by 17% against the year before. Over the period under review, imports recorded pronounced growth. The pace of growth was the most pronounced in 2020 when imports increased by 42% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, self-propelled railway coach imports surged to $X in 2021. In general, imports saw a perceptible expansion. The pace of growth appeared the most rapid in 2018 when imports increased by 53% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Australia (X tons), Taiwan (Chinese) (X tons), Thailand (X tons), Hong Kong SAR (X tons), the Philippines (X tons), Singapore (X tons), Malaysia (X tons), New Zealand (X tons), Vietnam (X tons) and Bangladesh (X tons) was the main importer of railway or tramway coaches (self-propelled) in Asia-Pacific, achieving 95% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Philippines (with a CAGR of +285.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Hong Kong SAR ($X) and Taiwan (Chinese) ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 55% of total imports. These countries were followed by the Philippines, Thailand, Singapore, New Zealand, Bangladesh, Malaysia and Vietnam, which together accounted for a further 41%.

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 Asia-Pacific amounted to $X per ton, picking up by 18% against the previous year. Over the period under review, the import price saw slight growth. The most prominent rate of growth was recorded in 2018 when the import price increased by 21% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per ton), while Malaysia ($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

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