Southern Asia: Railway Goods Wagon Market 2024

Railway Goods Wagon Market Size in Southern Asia

The South Asian railway goods wagon market dropped modestly to $X in 2022, approximately mirroring the previous year. Over the period under review, consumption saw a perceptible decline. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Railway Goods Wagon Production in Southern Asia

In value terms, railway goods wagon production dropped notably to $X in 2022 estimated in export price. In general, production recorded a pronounced slump. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Railway Goods Wagon Exports

Exports in Southern Asia

In 2022, the amount of railway or tramway goods vans and wagons (not self-propelled) exported in Southern Asia expanded modestly to X units, increasing by X% against the previous year. Over the period under review, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, railway goods wagon exports skyrocketed to $X in 2022. Overall, exports, however, showed a drastic downturn. The growth pace was the most rapid in 2017 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

India dominates exports structure, finishing at X units, which was near X% of total exports in 2022. It was distantly followed by Afghanistan (X units), achieving a X% share of total exports.

Exports from India decreased at an average annual rate of X% from 2012 to 2022. At the same time, Afghanistan (X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. While the share of Afghanistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of India (X p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest railway goods wagon supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Afghanistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in India stood at X%.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, surging by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Afghanistan ($X per unit), while India totaled $X per unit.

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

Railway Goods Wagon Imports

Imports in Southern Asia

Railway goods wagon imports skyrocketed to X units in 2022, with an increase of X% compared with the previous year's figure. Overall, imports, however, saw a deep slump. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, railway goods wagon imports soared to $X in 2022. In general, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Pakistan (X units) represented the main importer of railway or tramway goods vans and wagons (not self-propelled), making up X% of total imports. It was distantly followed by India (X units), constituting a X% share of total imports. The following importers - Sri Lanka (X units), Bangladesh (X units) and Afghanistan (X units) - together made up X% of total imports.

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

In value terms, India ($X), Bangladesh ($X) and Sri Lanka ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Bangladesh, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, dropping by X% against the previous year. Overall, the import price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the 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 Bangladesh ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :