Central Asia: Railway Passenger Coach Market 2024

Railway Passenger Coach Market Size in Central Asia

The Central Asian railway passenger coach market declined significantly to $X in 2022, falling by -20.6% against the previous year. Over the period under review, consumption, however, posted buoyant growth. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Railway Passenger Coach Production in Central Asia

In value terms, railway passenger coach production fell significantly to $X in 2022 estimated in export price. In general, production posted a remarkable increase. The growth pace was the most rapid in 2021 when the production volume increased by 1,044% against the previous year. As a result, production attained the peak level of $X, and then contracted rapidly in the following year.

Railway Passenger Coach Exports

Exports in Central Asia

In 2022, exports of railway or tramway passenger coaches (not self-propelled) in Central Asia shrank remarkably to X units, waning by -62.5% against the previous year. Over the period under review, exports saw a deep slump. The growth pace was the most rapid in 2014 with an increase of 680% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, railway passenger coach exports shrank rapidly to $X in 2022. Overall, exports, however, posted a measured increase. The most prominent rate of growth was recorded in 2018 when exports increased by 561%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Uzbekistan represented the largest exporter of railway or tramway passenger coaches (not self-propelled) in Central Asia, with the volume of exports recording X units, which was approx. 67% of total exports in 2022. It was distantly followed by Kazakhstan (X units), mixing up a 33% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of -12.9%).

In value terms, Uzbekistan ($X) and Kazakhstan ($X) constituted the countries with the highest levels of exports in 2022.

Among the main exporting countries, Kazakhstan, with a CAGR of -2.7%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, surging by 2.9% against the previous year. Over the period under review, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2017 when the export price increased by 468% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+30.7%).

Railway Passenger Coach Imports

Imports in Central Asia

In 2022, overseas purchases of railway or tramway passenger coaches (not self-propelled) decreased by -45.9% to X units, falling for the fourth year in a row after two years of growth. In general, imports faced a drastic downturn. The growth pace was the most rapid in 2017 when imports increased by 1,028% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, railway passenger coach imports reduced dramatically to $X in 2022. Overall, imports, however, posted a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of 131%. The level of import peaked at $X in 2021, and then declined sharply in the following year.

Imports by Country

Turkmenistan was the main importer of railway or tramway passenger coaches (not self-propelled) in Central Asia, with the volume of imports resulting at X units, which was near 56% of total imports in 2022. Kazakhstan (X units) took the second position in the ranking, distantly followed by Uzbekistan (X units). All these countries together held approx. 43% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Uzbekistan (with a CAGR of +19.9%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Turkmenistan ($X) constitutes the largest market for imported railway or tramway passenger coaches (not self-propelled) in Central Asia, comprising 82% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a 12% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkmenistan stood at +16.0%. In the other countries, the average annual rates were as follows: Uzbekistan (-0.5% per year) and Kazakhstan (-15.0% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, rising by 39% against the previous year. Over the period under review, the import price posted significant growth. The pace of growth appeared the most rapid in 2016 an increase of 268%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkmenistan (+4.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :