Austria: Railway Maintenance Vehicle Market 2025

Railway Maintenance Vehicle Market Size in Austria

The Austrian railway maintenance vehicle market skyrocketed to $X in 2021, growing by 532% against the previous year. Over the period under review, consumption showed significant growth. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in the near future.

Railway Maintenance Vehicle Production in Austria

In value terms, railway maintenance vehicle production totaled $X in 2021 estimated in export price. Overall, production recorded a deep downturn. The growth pace was the most rapid in 2016 when the production volume increased by 38%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Railway Maintenance Vehicle Exports

Exports from Austria

After four years of decline, overseas shipments of railway or tramway maintenance or service vehicles increased by 45% to X units in 2021. Over the period under review, exports, however, faced a dramatic curtailment. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, railway maintenance vehicle exports rose sharply to $X in 2021. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 11% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Japan (X units), Indonesia (X units) and South Korea (X units) were the main destinations of railway maintenance vehicle exports from Austria, together accounting for 39% of total exports. These countries were followed by Malaysia, Switzerland, Poland, Spain, Italy, Hungary, the UK, Hong Kong SAR, Uruguay and Belgium, which together accounted for a further 48%.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +22.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), South Korea ($X) and Poland ($X) constituted the largest markets for railway maintenance vehicle exported from Austria worldwide, with a combined 40% share of total exports. The UK, Malaysia, Indonesia, Italy, Hungary, Hong Kong SAR, Spain, Belgium, Switzerland and Uruguay lagged somewhat behind, together comprising a further 50%.

Malaysia, with a CAGR of +97.7%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average railway maintenance vehicle export price stood at $X per unit in 2021, falling by -25.9% against the previous year. Overall, the export price, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 5,693% against the previous year. As a result, the export price reached the peak level of $X per unit, and then reduced sharply in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Switzerland ($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 Hungary (+203.3%), while the prices for the other major destinations experienced more modest paces of growth.

Railway Maintenance Vehicle Imports

Imports into Austria

In 2021, supplies from abroad of railway or tramway maintenance or service vehicles decreased by -88.1% to X units for the first time since 2017, thus ending a three-year rising trend. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of 476% against the previous year. Imports peaked at X units in 2020, and then contracted dramatically in the following year.

In value terms, railway maintenance vehicle imports shrank sharply to $X in 2021. Overall, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 with an increase of 421%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest railway maintenance vehicle supplier to Austria, with a 65% share of total imports. Moreover, railway maintenance vehicle imports from Germany exceeded the figures recorded by the second-largest supplier, Switzerland (X units), eightfold. The third position in this ranking was taken by the UK (X units), with an 8.3% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at -11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-25.0% per year) and the UK (+9.1% per year).

In value terms, Germany ($X), the UK ($X) and Spain ($X) were the largest railway maintenance vehicle suppliers to Austria, with a combined 91% share of total imports.

The UK, with a CAGR of +32.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average railway maintenance vehicle import price stood at $X per unit in 2021, surging by 94% against the previous year. In general, the import price, however, saw a perceptible contraction. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+23.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :