CIS: Railway Goods Wagon Market 2024

Railway Goods Wagon Market Size in CIS

The CIS railway goods wagon market reached $X in 2022, stabilizing at the previous year. Over the period under review, consumption, however, continues to indicate a slight decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Railway Goods Wagon Production in CIS

In value terms, railway goods wagon production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, saw buoyant growth. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Railway Goods Wagon Exports

Exports in CIS

Railway goods wagon exports shrank markedly to X units in 2022, with a decrease of X% against the previous year. Over the period under review, exports faced a abrupt slump. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, railway goods wagon exports fell sharply to $X in 2022. Overall, exports faced a abrupt contraction. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Russia (X units) was the main exporter of railway or tramway goods vans and wagons (not self-propelled), committing X% of total exports. It was distantly followed by Belarus (X units), mixing up a X% share of total exports. The following exporters - Kazakhstan (X units), Azerbaijan (X units) and Uzbekistan (X units) - each recorded a X% share of total exports.

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

In value terms, Russia ($X), Belarus ($X) and Kazakhstan ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports. Uzbekistan and Azerbaijan lagged somewhat behind, together comprising a further X%.

Azerbaijan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, falling by X% against the previous year. Export price indicated a pronounced 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 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belarus ($X per unit), while Azerbaijan ($X per unit) was amongst the lowest.

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

Railway Goods Wagon Imports

Imports in CIS

In 2022, the amount of railway or tramway goods vans and wagons (not self-propelled) imported in the CIS declined significantly to X units, with a decrease of X% against the previous year's figure. In general, imports saw a abrupt setback. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, railway goods wagon imports contracted rapidly to $X in 2022. Over the period under review, imports faced a sharp decline. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Russia was the main importer of railway or tramway goods vans and wagons (not self-propelled) in the CIS, with the volume of imports resulting at X units, which was near X% of total imports in 2022. It was distantly followed by Kazakhstan (X units) and Belarus (X units), together comprising a X% share of total imports. Kyrgyzstan (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Kyrgyzstan (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest railway goods wagon importing markets in the CIS were Kazakhstan ($X), Belarus ($X) and Russia ($X), with a combined X% share of total imports. These countries were followed by Kyrgyzstan, which accounted for a further X%.

Kyrgyzstan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, standing approx. at the previous year. In general, the import price, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2018 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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