Singapore: Self-Propelled Railway Coach Market 2025

Self-Propelled Railway Coach Market Size in Singapore

In 2021, the Singaporean self-propelled railway coach market decreased by -22.7% to $X, falling for the second consecutive year after four years of growth. Over the period under review, consumption, however, continues to indicate a significant expansion. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Self-Propelled Railway Coach Exports

Exports from Singapore

In 2021, shipments abroad of railway or tramway coaches (self-propelled) decreased by -83.4% to X kg, falling for the seventh year in a row after three years of growth. Overall, exports saw a significant decrease. The most prominent rate of growth was recorded in 2013 with an increase of 307% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, self-propelled railway coach exports dropped dramatically to $X in 2021. Over the period under review, exports faced a dramatic downturn. The pace of growth was the most pronounced in 2013 when exports increased by 1,086%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Indonesia (X kg) was the main destination for self-propelled railway coach exports from Singapore, accounting for a 87% share of total exports. Moreover, self-propelled railway coach exports to Indonesia exceeded the volume sent to the second major destination, Malaysia (X kg), sevenfold.

From 2012 to 2021, the average annual growth rate of volume to Indonesia amounted to -22.4%.

In value terms, Indonesia ($X) remains the key foreign market for railway or tramway coaches (self-propelled) exports from Singapore, comprising 87% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Indonesia stood at -19.2%.

Export Prices by Country

In 2021, the average self-propelled railway coach export price amounted to $X per ton, waning by -29.5% against the previous year. In general, the export price, however, recorded a prominent increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 192%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Malaysia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+4.1%).

Self-Propelled Railway Coach Imports

Imports into Singapore

In 2021, supplies from abroad of railway or tramway coaches (self-propelled) decreased by -23.8% to X tons, falling for the second consecutive year after four years of growth. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 276%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, self-propelled railway coach imports dropped markedly to $X in 2021. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 148% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of self-propelled railway coach to Singapore, accounting for a 99% share of total imports. It was followed by Japan (X tons), with a 0.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +30.9%.

In value terms, China ($X) constituted the largest supplier of railway or tramway coaches (self-propelled) to Singapore, comprising 99% of total imports. The second position in the ranking was held by Japan ($X), with a 0.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +28.3%.

Import Prices by Country

In 2021, the average self-propelled railway coach import price amounted to $X per ton, with an increase of 4.4% against the previous year. Over the period under review, the import price, however, saw a pronounced curtailment. The most prominent rate of growth was recorded in 2015 an increase of 112% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.9%).

Source: IndexBox Platform

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