Benelux: Railway Goods Wagon Market 2024

Railway Goods Wagon Market Size in Benelux

The Benelux railway goods wagon market soared to $X in 2022, rising by X% against the previous year. Overall, consumption continues to indicate prominent growth. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in years to come.

Railway Goods Wagon Production in Benelux

In value terms, railway goods wagon production declined slightly to $X in 2022 estimated in export price. The total production indicated buoyant growth 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 most prominent rate of growth was recorded in 2019 with an increase of 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 Benelux

In 2022, after four years of growth, there was significant decline in shipments abroad of railway or tramway goods vans and wagons (not self-propelled), when their volume decreased by X% to X units. Over the period under review, exports, however, recorded a tangible expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2021, and then fell sharply in the following year.

In value terms, railway goods wagon exports dropped remarkably to $X in 2022. In general, exports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The level of export peaked at $X in 2021, and then contracted markedly in the following year.

Exports by Country

The Netherlands (X units) and Luxembourg (X units) prevails in exports structure, together creating X% of total exports. It was distantly followed by Belgium (X units), creating an X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Luxembourg ($X) emerged as the largest railway goods wagon supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Luxembourg totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, growing by X% against the previous year. Export price indicated a notable increase from 2012 to 2022: its price 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, railway goods wagon export price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Luxembourg ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Railway Goods Wagon Imports

Imports in Benelux

In 2022, the amount of railway or tramway goods vans and wagons (not self-propelled) imported in Benelux soared to X units, with an increase of X% against the year before. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, railway goods wagon imports soared to $X in 2022. Overall, imports showed a buoyant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands prevails in imports structure, accounting for X units, which was approx. X% of total imports in 2022. It was distantly followed by Belgium (X units), mixing up a X% share of total imports.

The Netherlands was also the fastest-growing in terms of the railway or tramway goods vans and wagons (not self-propelled) imports, with a CAGR of X% from 2012 to 2022. At the same time, Belgium (X%) displayed positive paces of growth. While the share of the Netherlands (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) and Belgium ($X) constituted the countries with the highest levels of imports in 2022.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price recorded a significant curtailment. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands totaled $X per unit.

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

Source: IndexBox Platform