SADC: Railway Goods Wagon Market 2024

Railway Goods Wagon Market Size in SADC

The SADC railway goods wagon market rose rapidly to $X in 2022, picking up by X% against the previous year. The total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Railway Goods Wagon Production in SADC

In value terms, railway goods wagon production contracted modestly to $X in 2022 estimated in export price. The total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Railway Goods Wagon Exports

Exports in SADC

In 2022, the amount of railway or tramway goods vans and wagons (not self-propelled) exported in SADC soared to X units, growing by X% compared with the previous year's figure. In general, exports showed a prominent increase. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, railway goods wagon exports reduced remarkably to $X in 2022. Over the period under review, exports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Botswana dominates exports structure, recording X units, which was approx. X% of total exports in 2022. It was distantly followed by South Africa (X units), creating a X% share of total exports.

Botswana was also the fastest-growing in terms of the railway or tramway goods vans and wagons (not self-propelled) exports, with a CAGR of X% from 2012 to 2022. South Africa (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Botswana increased by X percentage points.

In value terms, South Africa ($X) remains the largest railway goods wagon supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Botswana ($X), with an X% share of total exports.

In South Africa, railway goods wagon exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices reached the maximum at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Botswana amounted to $X per unit.

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

Railway Goods Wagon Imports

Imports in SADC

In 2022, purchases abroad of railway or tramway goods vans and wagons (not self-propelled) increased by X% to X units, rising for the third year in a row after four years of decline. Overall, imports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, railway goods wagon imports surged to $X in 2022. In general, imports, however, saw a perceptible descent. The growth pace was the most rapid in 2020 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Mozambique was the major importing country with an import of about X units, which reached X% of total imports. South Africa (X units) held the second position in the ranking, distantly followed by Tanzania (X units) and Democratic Republic of the Congo (X units). All these countries together held near X% share of total imports. Zimbabwe (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mozambique ($X) constitutes the largest market for imported railway or tramway goods vans and wagons (not self-propelled) in SADC, comprising X% of total imports. The second position in the ranking was held by Tanzania ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with a X% share.

In Mozambique, railway goods wagon imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Tanzania (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

The import price in SADC stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the import price, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Mozambique ($X per unit), while South Africa ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform