Australia and Oceania: Railway Goods Wagon Market 2024

Railway Goods Wagon Market Size in Australia and Oceania

In 2022, the railway goods wagon market in Australia and Oceania increased by X% to $X, rising for the fifth year in a row after four years of decline. In general, consumption recorded a deep setback. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Railway Goods Wagon Production in Australia and Oceania

In value terms, railway goods wagon production contracted to $X in 2022 estimated in export price. The total production indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 when the production volume increased by 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 Australia and Oceania

Railway goods wagon exports surged to X units in 2022, increasing by X% against the previous year's figure. Over the period under review, exports recorded temperate growth. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, railway goods wagon exports reduced dramatically to $X in 2022. In general, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Australia represented the major exporting country with an export of around X units, which resulted at X% of total exports. It was distantly followed by New Zealand (X units), making up a X% share of total exports.

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

In value terms, Australia ($X) remains the largest railway goods wagon supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, waning by X% against the previous year. Overall, the export price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while New Zealand amounted to $X per unit.

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

Railway Goods Wagon Imports

Imports in Australia and Oceania

In 2022, after four years of growth, there was decline in overseas purchases of railway or tramway goods vans and wagons (not self-propelled), when their volume decreased by X% to X units. In general, imports recorded a deep setback. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, railway goods wagon imports reached $X in 2022. Overall, imports showed a deep setback. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Australia prevails in imports structure, reaching X units, which was near X% of total imports in 2022. It was distantly followed by New Zealand (X units), comprising a X% share of total imports.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. New Zealand (X p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Australia ($X) constitutes the largest market for imported railway or tramway goods vans and wagons (not self-propelled) in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports.

In Australia, railway goods wagon imports shrank by an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per unit), while New Zealand amounted to $X per unit.

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

Source: IndexBox Platform

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