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Report Southern Asia - Railway or Tramway Passenger Coaches (Not Self-Propelled) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Southern Asia - Railway or Tramway Passenger Coaches (Not Self-Propelled) - Market Analysis, Forecast, Size, Trends and Insights

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Southern Asia: Railway Passenger Coach Market 2025

Railway Passenger Coach Market Size in Southern Asia

The South Asian railway passenger coach market reduced to $X in 2022, with a decrease of -14.1% against the previous year. In general, consumption continues to indicate a abrupt decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Railway Passenger Coach Production in Southern Asia

In value terms, railway passenger coach production contracted to $X in 2022 estimated in export price. In general, production showed a deep slump. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Railway Passenger Coach Exports

Exports in Southern Asia

In 2022, overseas shipments of railway or tramway passenger coaches (not self-propelled) decreased by -46.7% to X units for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2017 with an increase of 99%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, railway passenger coach exports contracted remarkably to $X in 2022. Overall, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 68% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, India (X units) was the main exporter of railway or tramway passenger coaches (not self-propelled) in Southern Asia, creating 100% of total export.

India was also the fastest-growing in terms of the railway or tramway passenger coaches (not self-propelled) exports, with a CAGR of +29.0% from 2013 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest railway passenger coach supplier in Southern Asia.

From 2013 to 2022, the average annual growth rate of value in India amounted to +55.2%.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, surging by 34% against the previous year. In general, the export price enjoyed a significant expansion. The pace of growth was the most pronounced in 2016 an increase of 1,383%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2013 to 2022, the rate of growth in terms of prices for India amounted to +20.3% per year.

Railway Passenger Coach Imports

Imports in Southern Asia

In 2022, overseas purchases of railway or tramway passenger coaches (not self-propelled) decreased by -26.3% to X units, falling for the third consecutive year after two years of growth. In general, imports saw a deep contraction. The pace of growth was the most pronounced in 2016 with an increase of 2,781% against the previous year. 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 passenger coach imports shrank sharply to $X in 2022. Overall, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2016 with an increase of 11,917%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Sri Lanka represented the main importing country with an import of around X units, which finished at 83% of total imports. It was distantly followed by Bangladesh (X units), making up a 16% share of total imports.

Imports into Sri Lanka decreased at an average annual rate of -14.3% from 2012 to 2022. At the same time, Bangladesh (+65.8%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +65.8% from 2012-2022. While the share of Bangladesh (+16 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Sri Lanka (-15.9 p.p.) displayed negative dynamics.

In value terms, Bangladesh ($X) and Sri Lanka ($X) were the countries with the highest levels of imports in 2022.

Among the main importing countries, Bangladesh, with a CAGR of +128.8%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, increasing by 5.9% against the previous year. In general, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2013 when the import price increased by 2,906% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a 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 Bangladesh ($X per unit), while Sri Lanka amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+38.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of railway passenger coach consumption was Bangladesh, comprising approx. 75% of total volume. Moreover, railway passenger coach consumption in Bangladesh exceeded the figures recorded by the second-largest consumer, India, threefold.
The country with the largest volume of railway passenger coach production was India, accounting for 100% of total volume.
In value terms, India remains the largest railway passenger coach supplier in Southern Asia.
In value terms, Bangladesh constitutes the largest market for imported railway or tramway passenger coaches not self-propelled) in Southern Asia, comprising 66% of total imports. The second position in the ranking was occupied by Sri Lanka, with a 32% share of total imports.
In 2021, the railway passenger coach export price in Southern Asia amounted to $115,383 per unit, with an increase of 25% against the previous year.
In 2021, the railway passenger coach import price in Southern Asia amounted to $13,653 per unit, growing by 16% against the previous year.

This report provides an in-depth analysis of the railway passenger coach market in Southern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 30203200 - Rail/tramway passenger coaches, luggage vans, post office coaches and other special purpose rail/tramway coaches excluding rail/tramway maintenance/service vehicles, selfpropelled

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Southern Asia, split by region and country
  • Trade (exports and imports) in Southern Asia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Bangladesh
    • Bhutan
    • India
    • Maldives
    • Nepal
    • Pakistan
    • Sri Lanka

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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Railway Or Tramway Passenger Coaches (Not Self-Propelled) - Southern Asia - Report