Belarus: Self-Propelled Railway Coach Market 2024

Self-Propelled Railway Coach Market Size in Belarus

After two years of growth, the Belarusian self-propelled railway coach market decreased by -28.8% to $X in 2021. Over the period under review, the total consumption indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2020, and then dropped sharply in the following year.

Self-Propelled Railway Coach Production in Belarus

In value terms, self-propelled railway coach production reached $X in 2021 estimated in export price. Over the period under review, production posted a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of 118%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Self-Propelled Railway Coach Exports

Exports from Belarus

In 2021, the amount of railway or tramway coaches (self-propelled) exported from Belarus soared to X tons, with an increase of 54% on 2020. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 238% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, self-propelled railway coach exports skyrocketed to $X in 2021. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 316%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Poland (X tons) was the main destination for self-propelled railway coach exports from Belarus, accounting for a 57% share of total exports. Moreover, self-propelled railway coach exports to Poland exceeded the volume sent to the second major destination, Azerbaijan (X tons), twofold. The third position in this ranking was held by Russia (X tons), with a 9.1% share.

From 2012 to 2021, the average annual growth rate of volume to Poland amounted to +59.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+20.7% per year) and Russia (+16.6% per year).

In value terms, Poland ($X) remains the key foreign market for railway or tramway coaches (self-propelled) exports from Belarus, comprising 79% of total exports. The second position in the ranking was held by Azerbaijan ($X), with an 8.7% share of total exports. It was followed by Norway, with a 6.9% share.

From 2012 to 2021, the average annual growth rate of value to Poland stood at +91.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+15.5% per year) and Norway (+27.7% per year).

Export Prices by Country

In 2021, the average self-propelled railway coach export price amounted to $X per ton, almost unchanged from the previous year. Overall, the export price, however, posted a resilient expansion. The growth pace was the most rapid in 2015 when the average export price increased by 61%. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Propelled Railway Coach Imports

Imports into Belarus

For the third consecutive year, Belarus recorded growth in purchases abroad of railway or tramway coaches (self-propelled), which increased by 2.2% to X tons in 2021. Over the period under review, imports, however, showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 433%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, self-propelled railway coach imports reached $X in 2021. Overall, imports continue to indicate a mild increase. The most prominent rate of growth was recorded in 2014 when imports increased by 327%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Poland (X tons), Russia (X tons) and Switzerland (X tons) were the main suppliers of self-propelled railway coach imports to Belarus, with a combined 100% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +8.2%), while purchases for the other leaders experienced a decline.

In value terms, Poland ($X), Russia ($X) and Switzerland ($X) were the largest self-propelled railway coach suppliers to Belarus, with a combined 99.9% share of total imports.

Poland, with a CAGR of +7.6%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average self-propelled railway coach import price stood at $X per ton in 2021, rising by 6.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +5.2%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 57%. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+12.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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