Benelux: Railway Maintenance Vehicle Market 2025

Railway Maintenance Vehicle Market Size in Benelux

The Benelux railway maintenance vehicle market expanded significantly to $X in 2021, rising by 8.2% against the previous year. In general, consumption continues to indicate a perceptible increase. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Railway Maintenance Vehicle Production in Benelux

In value terms, railway maintenance vehicle production amounted to $X in 2021 estimated in export price. In general, production, however, showed a dramatic downturn. The growth pace was the most rapid in 2014 with an increase of 1,009%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Railway Maintenance Vehicle Exports

Exports in Benelux

Railway maintenance vehicle exports reached X units in 2021, growing by 4.7% on 2020 figures. In general, exports, however, continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2014 with an increase of 14,682%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, railway maintenance vehicle exports fell notably to $X in 2021. Overall, exports recorded strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 199% against the previous year. The level of export peaked at $X in 2020, and then reduced notably in the following year.

Exports by Country

In 2021, Belgium (X units) was the largest exporter of railway or tramway maintenance or service vehicles, creating 69% of total exports. Luxembourg (X units) held the second position in the ranking, followed by the Netherlands (X units). All these countries together took near 31% share of total exports.

Belgium was also the fastest-growing in terms of the railway or tramway maintenance or service vehicles exports, with a CAGR of +21.9% from 2012 to 2021. At the same time, Luxembourg (+6.3%) displayed positive paces of growth. By contrast, the Netherlands (-52.5%) illustrated a downward trend over the same period. Belgium (+69 p.p.) and Luxembourg (+17 p.p.) significantly strengthened its position in terms of the total exports, while the Netherlands saw its share reduced by -86.3% from 2012 to 2021, respectively.

In value terms, the largest railway maintenance vehicle supplying countries in Benelux were Belgium ($X), Luxembourg ($X) and the Netherlands ($X).

Belgium, with a CAGR of +28.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per unit, shrinking by -19.6% against the previous year. In general, the export price, however, posted a significant increase. The pace of growth appeared the most rapid in 2013 when the export price increased by 19,848% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2020, and then declined significantly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Luxembourg ($X per unit), while the Netherlands ($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 Netherlands (+56.4%), while the other leaders experienced more modest paces of growth.

Railway Maintenance Vehicle Imports

Imports in Benelux

In 2021, the amount of railway or tramway maintenance or service vehicles imported in Benelux soared to X units, with an increase of 19% against 2020 figures. Over the period under review, imports enjoyed prominent growth. The pace of growth was the most pronounced in 2016 with an increase of 3,038%. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, railway maintenance vehicle imports declined rapidly to $X in 2021. In general, imports saw a resilient increase. The pace of growth was the most pronounced in 2016 when imports increased by 177% against the previous year. The level of import peaked at $X in 2020, and then shrank dramatically in the following year.

Imports by Country

Belgium dominates imports structure, accounting for X units, which was approx. 88% of total imports in 2021. It was distantly followed by the Netherlands (X units), achieving a 9.5% share of total imports. Luxembourg (X units) followed a long way behind the leaders.

Belgium was also the fastest-growing in terms of the railway or tramway maintenance or service vehicles imports, with a CAGR of +37.2% from 2012 to 2021. The Netherlands (-5.2%) and Luxembourg (-15.1%) illustrated a downward trend over the same period. Belgium (+72 p.p.) significantly strengthened its position in terms of the total imports, while Luxembourg and the Netherlands saw its share reduced by -35.6% and -36.7% from 2012 to 2021, respectively.

In value terms, Belgium ($X) constitutes the largest market for imported railway or tramway maintenance or service vehicles in Benelux, comprising 73% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 26% share of total imports.

In Belgium, railway maintenance vehicle imports expanded at an average annual rate of +21.9% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+16.7% per year) and Luxembourg (-40.2% per year).

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per unit, dropping by -49.4% against the previous year. Overall, the import price continues to indicate a pronounced decline. The growth pace was the most rapid in 2014 an increase of 371% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Luxembourg ($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 Netherlands (+23.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform