Benelux: Self-Propelled Railway Coach Market 2025

Self-Propelled Railway Coach Market Size in Benelux

The Benelux self-propelled railway coach market soared to $X in 2021, picking up by 22% against the previous year. The market value increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Self-Propelled Railway Coach Production in Benelux

In value terms, self-propelled railway coach production soared to $X in 2021 estimated in export price. Over the period under review, production recorded prominent growth. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Self-Propelled Railway Coach Exports

Exports in Benelux

In 2021, shipments abroad of railway or tramway coaches (self-propelled) increased by 1,469% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 1,512% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, self-propelled railway coach exports soared to $X in 2021. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2014 when exports increased by 2,226%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, the Netherlands (X tons), followed by Belgium (X tons) were the largest exporters of railway or tramway coaches (self-propelled), together mixing up 100% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Netherlands (with a CAGR of +40.7%).

In value terms, Belgium ($X) remains the largest self-propelled railway coach supplier in Benelux, comprising 94% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 6.2% share of total exports.

In Belgium, self-propelled railway coach exports increased at an average annual rate of +23.7% over the period from 2012-2021.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, falling by -29.7% against the previous year. Overall, the export price showed a mild reduction. The most prominent rate of growth was recorded in 2020 when the export price increased by 366% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank rapidly 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 Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.0%).

Self-Propelled Railway Coach Imports

Imports in Benelux

In 2021, approx. X tons of railway or tramway coaches (self-propelled) were imported in Benelux; with an increase of 19% compared with the previous year's figure. Overall, imports, however, recorded a noticeable downturn. The pace of growth appeared the most rapid in 2019 with an increase of 115%. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, self-propelled railway coach imports soared to $X in 2021. In general, imports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2017 with an increase of 107% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X tons) represented the key importer of railway or tramway coaches (self-propelled), constituting 82% of total imports. Belgium (X tons) held the second position in the ranking, distantly followed by Luxembourg (X tons). All these countries together held near 18% share of total imports.

The Netherlands was also the fastest-growing in terms of the railway or tramway coaches (self-propelled) imports, with a CAGR of +10.1% from 2012 to 2021. Luxembourg (-3.8%) and Belgium (-19.7%) illustrated a downward trend over the same period. While the share of the Netherlands (+56 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belgium (-56.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported railway or tramway coaches (self-propelled) in Benelux, comprising 85% of total imports. The second position in the ranking was taken by Belgium ($X), with a 10% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands stood at +6.8%. In the other countries, the average annual rates were as follows: Belgium (-25.1% per year) and Luxembourg (-5.4% per year).

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, falling by -2.1% against the previous year. In general, the import price saw a pronounced decline. The pace of growth was the most pronounced in 2017 when the import price increased by 60%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Luxembourg (-1.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform