Report Update: Nov 1, 2024

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

Rating	Country
1	China
2	United States
3	Russia
4	United Kingdom
5	India

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

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Russia	766	739	738	-1.8%
Czech Republic	974	873	783	-10.3%
Japan	723	805	827	7.0%
China	981	937	858	-6.5%
Poland	837	850	872	2.1%
Austria	970	982	979	0.5%
Spain	1022	1045	1018	-0.2%
United States	1771	2023	1239	-16.4%
Germany	2322	2413	2290	-0.7%
Average	1112	1126	1060	-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

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Switzerland	1474	1390	1504	1.0%
Belgium	1021	1137	1371	15.9%
United Kingdom	1426	1036	1340	-3.1%
Italy	1247	1141	1271	1.0%
Australia	1072	1131	1091	0.9%
United States	1122	1074	1084	-1.7%
France	1432	1363	1053	-14.2%
Poland	914	966	1020	5.6%
Canada	963	1009	917	-2.4%
Germany	899	858	863	-2.0%
Brazil	663	734	861	14.0%
Iran	889	865	853	-2.0%
Mongolia	882	852	840	-2.4%
Average	1058	1056	1112	2.5%

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

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Germany	0.3	0.3	0.3	-4.8%
Canada	0.3	0.3	0.2	-11.4%
Italy	0.2	0.2	0.2	-0.8%
Iran	0.2	0.2	0.2	12.5%
United States	0.2	0.2	0.1	-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

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Austria	0.5	0.5	0.5	-3.3%
China	0.4	0.5	0.3	-9.6%
Japan	0.3	0.4	0.3	-12.2%
Poland	0.2	0.2	0.2	8.7%
United States	0.3	0.3	0.2	-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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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. 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
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
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, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023