Australia: Railway Maintenance Vehicle Market 2025

Railway Maintenance Vehicle Market Size in Australia

In 2021, the Australian railway maintenance vehicle market decreased by -60.2% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption recorded a abrupt decrease. Railway maintenance vehicle consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Railway Maintenance Vehicle Exports

Exports from Australia

In 2021, shipments abroad of railway or tramway maintenance or service vehicles increased by 1,200% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2014 with an increase of 1,875% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in years to come.

In value terms, railway maintenance vehicle exports contracted sharply to $X in 2021. Overall, exports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 1,897%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X units) was the main destination for railway maintenance vehicle exports from Australia, accounting for a 93% share of total exports. Moreover, railway maintenance vehicle exports to New Zealand exceeded the volume sent to the second major destination, Kenya (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to New Zealand amounted to +19.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (0.0% per year) and the Netherlands (-37.6% per year).

In value terms, New Zealand ($X) remains the key foreign market for railway or tramway maintenance or service vehicles exports from Australia, comprising 85% of total exports. The second position in the ranking was taken by Kenya ($X), with a 2.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to New Zealand amounted to -10.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (0.0% per year) and the Netherlands (-62.1% per year).

Export Prices by Country

The average railway maintenance vehicle export price stood at $X per unit in 2021, reducing by -97.2% against the previous year. Over the period under review, the export price showed a dramatic descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 1,676% against the previous year. As a result, the export price attained the peak level of $X per unit, and then fell significantly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+199.0%), while the prices for the other major destinations experienced mixed trend patterns.

Railway Maintenance Vehicle Imports

Imports into Australia

In 2021, overseas purchases of railway or tramway maintenance or service vehicles decreased by -1.6% to X units for the first time since 2018, thus ending a two-year rising trend. In general, imports, however, showed moderate growth. The most prominent rate of growth was recorded in 2015 with an increase of 465%. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, railway maintenance vehicle imports soared to $X in 2021. Over the period under review, imports, however, recorded a tangible increase. The pace of growth was the most pronounced in 2019 when imports increased by 2,216% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the United States (X units) constituted the largest railway maintenance vehicle supplier to Australia, accounting for a 58% share of total imports. Moreover, railway maintenance vehicle imports from the United States exceeded the figures recorded by the second-largest supplier, Austria (X units), twofold. Italy (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at +48.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-21.0% per year) and Italy (+22.6% per year).

In value terms, the United States ($X) constituted the largest supplier of railway or tramway maintenance or service vehicles to Australia, comprising 59% of total imports. The second position in the ranking was held by Italy ($X), with a 20% share of total imports. It was followed by Austria, with a 19% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +24.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-7.8% per year) and Austria (-15.5% per year).

Import Prices by Country

In 2021, the average railway maintenance vehicle import price amounted to $X per unit, increasing by 144% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 2,030% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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