CIS: Self-Propelled Railway Coach Market 2024

Self-Propelled Railway Coach Market Size in CIS

In 2021, after two years of growth, there was significant decline in the CIS self-propelled railway coach market, when its value decreased by -12.6% to $X. The total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then shrank in the following year.

Self-Propelled Railway Coach Production in CIS

In value terms, self-propelled railway coach production shrank modestly to $X in 2021 estimated in export price. Over the period under review, production posted a strong expansion. The pace of growth was the most pronounced in 2019 when the production volume increased by 70%. The level of production peaked at $X in 2020, and then declined modestly in the following year.

Self-Propelled Railway Coach Exports

Exports in CIS

Self-propelled railway coach exports soared to X tons in 2021, increasing by 79% against the year before. Overall, exports continue to indicate strong growth. The most prominent rate of growth was recorded in 2016 with an increase of 165% against the previous year. The volume of export peaked in 2021 and is likely to see steady growth in years to come.

In value terms, self-propelled railway coach exports surged to $X in 2021. In general, exports posted a prominent increase. The pace of growth appeared the most rapid in 2016 with an increase of 116%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

In 2021, Belarus (X tons) represented the main exporter of railway or tramway coaches (self-propelled), generating 64% of total exports. It was distantly followed by Russia (X tons), creating a 34% share of total exports. Kazakhstan (X tons) took a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +33.0%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Belarus ($X) remains the largest self-propelled railway coach supplier in the CIS, comprising 69% of total exports. The second position in the ranking was taken by Russia ($X), with a 31% share of total exports.

In Belarus, self-propelled railway coach exports expanded at an average annual rate of +47.2% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (-4.4% per year) and Kazakhstan (-6.5% per year).

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, remaining constant against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the export price increased by 175% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the export prices remained at a lower figure.

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 Belarus ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+10.7%), while the other leaders experienced a decline in the export price figures.

Self-Propelled Railway Coach Imports

Imports in CIS

In 2021, self-propelled railway coach imports in the CIS skyrocketed to X tons, with an increase of 50% compared with the previous year's figure. In general, imports, however, continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2017 when imports increased by 61%. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, self-propelled railway coach imports soared to $X in 2021. Over the period under review, imports, however, showed a perceptible reduction. The growth pace was the most rapid in 2017 when imports increased by 64% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

The purchases of the three major importers of railway or tramway coaches (self-propelled), namely Azerbaijan, Belarus and Russia, represented more than two-thirds of total import. It was distantly followed by Kazakhstan (X tons), achieving an 11% share of total imports. Armenia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Azerbaijan (with a CAGR of +13.5%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Belarus ($X), Azerbaijan ($X) and Russia ($X) constituted the countries with the highest levels of imports in 2021, together comprising 89% of total imports.

Among the main importing countries, Azerbaijan, with a CAGR of +19.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2021, reducing by -13.3% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the import price increased by 8%. Over the period under review, import prices hit record highs at $X per ton in 2020, and then fell in the following year.

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 Belarus ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Armenia (+5.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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