South-Eastern Asia: Railway Goods Wagon Market 2025

Railway Goods Wagon Market Size in South-Eastern Asia

The Southeast Asian railway goods wagon market was finally on the rise to reach $X in 2022, after two years of decline. The total consumption indicated a prominent 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. Over the period under review, the market reached the maximum level at $X in 2019; afterwards, it flattened through to 2022.

Railway Goods Wagon Production in South-Eastern Asia

In value terms, railway goods wagon production dropped to $X in 2022 estimated in export price. The total production indicated strong growth 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 2017 with an increase of X%. The level of production peaked at $X in 2019; afterwards, it flattened through to 2022.

Railway Goods Wagon Exports

Exports in South-Eastern Asia

In 2022, the amount of railway or tramway goods vans and wagons (not self-propelled) exported in South-Eastern Asia dropped dramatically to X units, declining by X% against the year before. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X units, and then contracted sharply in the following year.

In value terms, railway goods wagon exports contracted significantly to $X in 2022. In general, exports recorded a deep setback. The pace of growth appeared the most rapid in 2019 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Vietnam (X units), Singapore (X units), Thailand (X units), Malaysia (X units) and Cambodia (X units), together reaching X% of total export. It was distantly followed by Indonesia (X units), mixing up a X% share of total exports. The Philippines (X units) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Vietnam (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest railway goods wagon supplying countries in South-Eastern Asia were Singapore ($X), Indonesia ($X) and Cambodia ($X), together comprising X% of total exports. Malaysia, Vietnam, Thailand and the Philippines lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among 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

In 2022, the export price in South-Eastern Asia amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price, however, showed a noticeable curtailment. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced more modest paces of growth.

Railway Goods Wagon Imports

Imports in South-Eastern Asia

Railway goods wagon imports soared to X units in 2022, increasing by X% against 2021 figures. Overall, imports recorded a strong increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, railway goods wagon imports soared to $X in 2022. In general, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Indonesia (X units) and Singapore (X units) represented the main importers of railway or tramway goods vans and wagons (not self-propelled) in South-Eastern Asia, together generating X% of total imports. Myanmar (X units) held the next position in the ranking, followed by Vietnam (X units), Cambodia (X units) and the Philippines (X units). All these countries together took near X% share of total imports. Malaysia (X units) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Indonesia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) constitutes the largest market for imported railway or tramway goods vans and wagons (not self-propelled) in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Singapore ($X), with an X% share of total imports. It was followed by Vietnam, with a X% share.

In Indonesia, 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: Singapore (X% per year) and Vietnam (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2019 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Indonesia ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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