World - Railway Or Tramway Track Construction Material Of Iron Or Steel - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jan 1, 2025

World - Railway Or Tramway Track Construction Material Of Iron Or Steel - Market Analysis, Forecast, Size, Trends and Insights

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Iron and steel railway construction materials market

Iron and steel railway construction materials market: read newly released datasets provided by an Ai-driven BI platform. Information contain imports, market prices, companies, trade, exports, consumption, market size, and production. There is a breakdown by country, including Africa, China, the U.K., EU, the Middle East, the U.S., Russia, and Latin America. Market trends and outlook to 2030 are also provided in the reports.

Iron and Steel Railway Construction Materials - World's Largest Markets

RatingCountry
1China
2United States
3Russia
4United Kingdom
5India

In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Russia.

From 2018 to 2020, the average annual growth rate of value in China totaled +4.5%. The remaining consuming countries recorded the following average annual rates of market growth: the United States (-2.5% per year) and Russia (+1.3% per year).

Iron and Steel Railway Construction Materials Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Russia766739738-1.8%
Czech Republic974873783-10.3%
Japan7238058277.0%
China981937858-6.5%
Poland8378508722.1%
Austria9709829790.5%
Spain102210451018-0.2%
United States177120231239-16.4%
Germany232224132290-0.7%
Average111211261060-2.3%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($2,290 per ton), while Russia ($738 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Switzerland1474139015041.0%
Belgium10211137137115.9%
United Kingdom142610361340-3.1%
Italy1247114112711.0%
Australia1072113110910.9%
United States112210741084-1.7%
France143213631053-14.2%
Poland91496610205.6%
Canada9631009917-2.4%
Germany899858863-2.0%
Brazil66373486114.0%
Iran889865853-2.0%
Mongolia882852840-2.4%
Average1058105611122.5%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Switzerland ($1,504 per ton), while Mongolia ($840 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.

Iron and Steel Railway Construction Materials - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Germany0.30.30.3-4.8%
Canada0.30.30.2-11.4%
Italy0.20.20.2-0.8%
Iran0.20.20.212.5%
United States0.20.20.1-25.4%

In value terms, the largest iron and steel railway construction materials importing markets worldwide were Germany ($303M), Canada ($241M) and Italy ($207M), with a combined 21% share of global imports. Iran, the United States, Brazil, Switzerland, France, Belgium, Australia, the UK, Mongolia and Poland lagged somewhat behind, together comprising a further 32%.

Mongolia (+189.8% per year) saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Iron and Steel Railway Construction Materials - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Austria0.50.50.5-3.3%
China0.40.50.3-9.6%
Japan0.30.40.3-12.2%
Poland0.20.20.28.7%
United States0.30.30.2-15.4%

In value terms, the largest iron and steel railway construction materials supplying countries worldwide were Austria ($468M), China ($323M) and Japan ($261M), with a combined 36% share of global exports. These countries were followed by Poland, the United States, Spain, Germany, Russia and the Czech Republic, which together accounted for a further 39%.

Among the main exporting countries, Russia saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Iron and Steel Railway Construction Materials - Market Forecast

Driven by increasing demand for iron and steel railway construction materials worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Iron and Steel Railway Construction Materials - Top Companies

Xingtai Roll Small Cold Roller Co., Ltd., Dongguan Dazhou Iron & Steel Co., Ltd., Shijiazhuang Zhengzhong Technology Co., Ltd., NIPPON STEEL & SUMITOMO METAL CORPORATION, Baoshan Iron & Steel Co., Ltd., Shougang Group Corporation, Dalian Zhongji Metallurgical Co., Ltd., JFE STEEL CORPORATION, TATA STEEL LIMITED, Nucor Corporation, Panjin kangdao Precision Casting Industry Co., Ltd., Hyundai Steel Company, KOBE STEEL, LTD., Hesteel Company Limited, Jiangsu Shagang Group Co., Ltd., Wugang Group Co., Ltd., Tyco International Management Company, LLC, Shandong Iron & Steel Group Co., Ltd., Jiuquan Iron And Steel (Group) Co., Ltd., Angang Steel Company Limited

Iron and Steel Railway Construction Materials - Product Coverage

  • HS 7302 - Railway or tramway track constructions of iron or steel; rails, check and track rails, switch blades, crossing frogs, point rods, sleepers, fish-plates, chair wedges, sole plates, bedplates, ties and the like

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for iron and steel railway construction materials. 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 24107500 - Railway material (of steel)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL 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. GLOBAL 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
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  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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