United Arab Emirates: Railway Passenger Coach Market 2024

Railway Passenger Coach Market Size in the United Arab Emirates

In 2022, the railway passenger coach market in the United Arab Emirates was finally on the rise to reach $X after five years of decline. In general, consumption, however, recorded a deep setback. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Railway Passenger Coach Production in the United Arab Emirates

In value terms, railway passenger coach production fell to $X in 2022 estimated in export price. In general, production, however, continues to indicate noticeable growth. The pace of growth appeared the most rapid in 2014 with an increase of 555%. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Railway Passenger Coach Exports

Exports from the United Arab Emirates

In 2022, after three years of growth, there was significant decline in overseas shipments of railway or tramway passenger coaches (not self-propelled), when their volume decreased by -33.3% to X units. In general, exports recorded a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of 200%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, railway passenger coach exports dropped remarkably to $X in 2022. Overall, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 2,267% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Iran (X units), Spain (X units) and Qatar (X units) were the main destinations of railway passenger coach exports from the United Arab Emirates, together accounting for 75% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iran (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, Qatar ($X) remains the key foreign market for railway or tramway passenger coaches (not self-propelled) exports from the United Arab Emirates, comprising 79% of total exports. The second position in the ranking was held by Iran ($X), with a 15% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Qatar totaled +23.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (-30.0% per year) and Spain (0.0% per year).

Export Prices by Country

In 2022, the average railway passenger coach export price amounted to $X per unit, growing by 16% against the previous year. In general, the export price, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2014 an increase of 1,591%. Over the period under review, the average export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+23.8%), while the prices for the other major destinations experienced mixed trend patterns.

Railway Passenger Coach Imports

Imports into the United Arab Emirates

After four years of decline, supplies from abroad of railway or tramway passenger coaches (not self-propelled) increased by 90% to X units in 2022. Overall, imports, however, showed a drastic downturn. The growth pace was the most rapid in 2016 when imports increased by 282%. Over the period under review, imports reached the peak figure at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, railway passenger coach imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate a precipitous slump. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Bulgaria (X units) and Japan (X units) were the main suppliers of railway passenger coach imports to the United Arab Emirates, with a combined 79% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +9.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest railway passenger coach suppliers to the United Arab Emirates were Bulgaria ($X), China ($X) and Germany ($X), together comprising 100% of total imports. France, Japan and Sweden lagged somewhat behind, together accounting for a further 0.1%.

Among the main suppliers, Sweden, with a CAGR of 0.0%, recorded 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.

Import Prices by Country

In 2022, the average railway passenger coach import price amounted to $X per unit, surging by 72% against the previous year. Over the period under review, the import price, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2013 an increase of 158%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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