South-Eastern Asia: Self-Propelled Railway Coach Market 2024

Self-Propelled Railway Coach Market Size in South-Eastern Asia

In 2021, the Southeast Asian self-propelled railway coach market increased by 0.5% to $X, rising for the fourth year in a row after four years of decline. The market value increased at an average annual rate of +1.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Self-Propelled Railway Coach Production in South-Eastern Asia

In value terms, self-propelled railway coach production expanded to $X in 2021 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 28% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Self-Propelled Railway Coach Exports

Exports in South-Eastern Asia

In 2021, shipments abroad of railway or tramway coaches (self-propelled) increased by 151% to X tons, rising for the third year in a row after four years of decline. In general, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of 311% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, self-propelled railway coach exports soared to $X in 2021. Over the period under review, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 253% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Indonesia prevails in exports structure, resulting at X tons, which was approx. 97% of total exports in 2021. Malaysia (X tons) held a relatively small share of total exports.

Indonesia was also the fastest-growing in terms of the railway or tramway coaches (self-propelled) exports, with a CAGR of +11.6% from 2012 to 2021. Malaysia experienced a relatively flat trend pattern. While the share of Indonesia (+26 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Malaysia (-2.3 p.p.) displayed negative dynamics.

In value terms, Indonesia ($X) remains the largest self-propelled railway coach supplier in South-Eastern Asia, comprising 69% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 2.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Indonesia stood at +5.3%.

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per ton, increasing by 36% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while Indonesia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (-5.6%).

Self-Propelled Railway Coach Imports

Imports in South-Eastern Asia

In 2021, supplies from abroad of railway or tramway coaches (self-propelled) decreased by -15.2% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2015 when imports increased by 340%. The volume of import peaked at X tons in 2020, and then dropped notably in the following year.

In value terms, self-propelled railway coach imports contracted to $X in 2021. Over the period under review, imports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 515% against the previous year. The level of import peaked at $X in 2020, and then fell in the following year.

Imports by Country

The purchases of the five major importers of railway or tramway coaches (self-propelled), namely Thailand, the Philippines, Singapore, Malaysia and Vietnam, represented more than two-thirds of total import. Indonesia (X tons) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Philippines (with a CAGR of +285.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), Thailand ($X) and Singapore ($X) constituted the countries with the highest levels of imports in 2021, together comprising 85% of total imports.

The Philippines, with a CAGR of +356.6%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, surging by 9.2% against the previous year. In general, the import price, however, recorded a pronounced slump. The pace of growth was the most pronounced in 2015 an increase of 40%. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+18.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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