Eastern Asia: Self-Propelled Railway Coach Market 2025

Self-Propelled Railway Coach Market Size in Eastern Asia

After two years of decline, the East Asian self-propelled railway coach market increased by 2.2% to $X in 2021. Overall, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Self-Propelled Railway Coach Production in Eastern Asia

In value terms, self-propelled railway coach production fell modestly to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by 18%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Self-Propelled Railway Coach Exports

Exports in Eastern Asia

In 2021, shipments abroad of railway or tramway coaches (self-propelled) decreased by -3.6% to X tons for the first time since 2017, thus ending a three-year rising trend. Total exports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +75.4% 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 reached the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, self-propelled railway coach exports rose markedly to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by 41%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

China was the major exporting country with an export of about X tons, which accounted for 52% of total exports. It was distantly followed by South Korea (X tons), Japan (X tons) and Hong Kong SAR (X tons), together creating a 48% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key 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) constituted the countries with the highest levels of exports in 2021, with a combined 99% share of total exports. These countries were followed by Hong Kong SAR, which accounted for a further 1.4%.

Hong Kong SAR, with a CAGR of +61.1%, saw the highest growth rate of the value of exports, in terms of 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

The export price in Eastern Asia stood at $X per ton in 2021, rising by 10% against the previous year. In general, the export price, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2016 when the export price increased by 52%. 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 Japan ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+0.5%), while the other leaders experienced a decline in the export price figures.

Self-Propelled Railway Coach Imports

Imports in Eastern Asia

In 2021, supplies from abroad of railway or tramway coaches (self-propelled) increased by 358% to X tons, rising for the second year in a row after two years of decline. Overall, imports showed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, self-propelled railway coach imports soared to $X in 2021. In general, imports enjoyed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Taiwan (Chinese) (X tons) and Hong Kong SAR (X tons) prevails in imports structure, together generating 96% of total imports. China (X tons) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Taiwan (Chinese) (with a CAGR of +22.1%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest self-propelled railway coach importing markets in Eastern Asia were Hong Kong SAR ($X), Taiwan (Chinese) ($X) and China ($X), with a combined 99% share of total imports.

Among the main importing countries, Taiwan (Chinese), with a CAGR of +14.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, growing by 15% against the previous year. Over the period under review, the import price, however, showed a mild descent. The pace of growth appeared the most rapid in 2018 an increase of 64% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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