Report Update Nov 1, 2024

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

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India: Railway Passenger Coach Market 2024

Railway Passenger Coach Market Size in India

The Indian railway passenger coach market contracted slightly to $X in 2022, declining by -2.5% against the previous year. Over the period under review, consumption showed a abrupt curtailment. Railway passenger coach consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Railway Passenger Coach Production in India

In value terms, railway passenger coach production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt decline. The growth pace was the most rapid in 2021 when the production volume increased by 9.2% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Railway Passenger Coach Exports

Exports from India

In 2022, shipments abroad of railway or tramway passenger coaches (not self-propelled) decreased by -46.4% to X units for the first time since 2017, thus ending a four-year declining trend. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 99%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, railway passenger coach exports declined dramatically to $X in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of 68% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Mozambique (X units) and Sri Lanka (X units) were the main destinations of railway passenger coach exports from India.

From 2013 to 2022, the biggest increases were recorded for Mozambique (with a CAGR of +136.8%).

In value terms, Mozambique ($X) and Sri Lanka ($X) constituted the largest markets for railway passenger coach exported from India worldwide.

In terms of the main countries of destination, Mozambique, with a CAGR of +803.3%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the average railway passenger coach export price amounted to $X per unit, increasing by 34% against the previous year. Over the period under review, the export price saw a significant increase. The pace of growth was the most pronounced in 2018 an increase of 1,383%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($X per unit), while the average price for exports to Sri Lanka stood at $X per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+281.4%), while the prices for the other major destinations experienced more modest paces of growth.

Railway Passenger Coach Imports

Imports into India

In 2022, railway passenger coach imports into India dropped dramatically to X units, which is down by -28.6% compared with 2021. Overall, imports continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2016 with an increase of 4,650% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, railway passenger coach imports soared to $X in 2022. Over the period under review, imports showed a deep slump. The pace of growth appeared the most rapid in 2016 when imports increased by 9,619% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) was the main railway passenger coach supplier to India, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +17.5%.

In value terms, Germany ($X) constituted the largest supplier of railway or tramway passenger coaches (not self-propelled) to India.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +81.8%.

Import Prices by Country

In 2022, the average railway passenger coach import price amounted to $X per unit, growing by 283% against the previous year. In general, the import price, however, saw a deep setback. The pace of growth was the most pronounced in 2015 when the average import price increased by 292%. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +54.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for railway or tramway passenger coaches (not self-propelled) in the world?

Australia constituted the country with the largest volume of railway passenger coach consumption, comprising approx. 98% of total volume.

What are the largest producers of railway or tramway passenger coaches (not self-propelled) in the world?

The countries with the highest volumes of railway passenger coach production in 2021 were Germany, China and France, with a combined 52% share of global production. India, Mexico, Kazakhstan, Belarus, Ukraine, Russia, the Dominican Republic, Norway, Hungary and Georgia lagged somewhat behind, together comprising a further 32%.

What are the leading suppliers of railway or tramway passenger coaches (not self-propelled) to India?

In value terms, Sri Lanka $15) constituted the largest supplier of railway passenger coach to India.

What are the leading importers of railway or tramway passenger coaches (not self-propelled) from India?

In value terms, Australia remains the key foreign market for railway passenger coach exports from India, comprising 83% of total exports. The second position in the ranking was occupied by Bangladesh, with a 13% share of total exports. It was followed by Mozambique, with a 2.5% share.

What is the average export price for railway or tramway passenger coaches (not self-propelled) in India?

In 2021, the average railway passenger coach export price amounted to $115,328 per unit, growing by 25% against the previous year.

What is the average import price for railway or tramway passenger coaches (not self-propelled) in India?

The average railway passenger coach import price stood at $3,661 per unit in 2021, which is down by -73.9% against the previous year.

This report provides an in-depth analysis of the railway passenger coach market in India. 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:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023