Czech Republic: Railway Maintenance Vehicle Market 2025

Railway Maintenance Vehicle Market Size in the Czech Republic

The Czech railway maintenance vehicle market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption, however, recorded noticeable growth. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Railway Maintenance Vehicle Production in the Czech Republic

In value terms, railway maintenance vehicle production expanded to $X in 2021 estimated in export price. Over the period under review, production, however, recorded prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of 81%. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Railway Maintenance Vehicle Exports

Exports from the Czech Republic

In 2021, shipments abroad of railway or tramway maintenance or service vehicles increased by 343% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports showed a significant increase. The growth pace was the most rapid in 2013 when exports increased by 380% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, railway maintenance vehicle exports surged to $X in 2021. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2013 with an increase of 437% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Switzerland (X units) was the main destination for railway maintenance vehicle exports from the Czech Republic, accounting for a 74% share of total exports. Moreover, railway maintenance vehicle exports to Switzerland exceeded the volume sent to the second major destination, Russia (X units), eightfold. Denmark (X units) ranked third in terms of total exports with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Switzerland amounted to +50.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-18.9% per year) and Denmark (+31.6% per year).

In value terms, Switzerland ($X) remains the key foreign market for railway or tramway maintenance or service vehicles exports from the Czech Republic, comprising 63% of total exports. The second position in the ranking was held by Hungary ($X), with a 12% share of total exports. It was followed by Russia, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Switzerland stood at +90.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+12.8% per year) and Russia (-17.7% per year).

Export Prices by Country

In 2021, the average railway maintenance vehicle export price amounted to $X per unit, growing by 8.5% against the previous year. Overall, the export price saw a perceptible expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 71%. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+33.0%), while the prices for the other major destinations experienced more modest paces of growth.

Railway Maintenance Vehicle Imports

Imports into the Czech Republic

In 2021, overseas purchases of railway or tramway maintenance or service vehicles were finally on the rise to reach X units after two years of decline. In general, imports recorded a prominent increase. The pace of growth was the most pronounced in 2015 when imports increased by 7,250%. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, railway maintenance vehicle imports fell significantly to $X in 2021. Overall, imports saw a prominent increase. The pace of growth appeared the most rapid in 2015 with an increase of 4,574% against the previous year. Imports peaked at $X in 2020, and then reduced notably in the following year.

Imports by Country

The UK (X units), Italy (X units) and the United States (X units) were the main suppliers of railway maintenance vehicle imports to the Czech Republic.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +66.1%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the UK ($X) constituted the largest supplier of railway or tramway maintenance or service vehicles to the Czech Republic, comprising 47% of total imports. The second position in the ranking was held by Italy ($X), with a 20% share of total imports. It was followed by Germany, with a 0.9% share.

From 2012 to 2021, the average annual growth rate of value from the UK stood at +141.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+9.0% per year) and Germany (-29.1% per year).

Import Prices by Country

In 2021, the average railway maintenance vehicle import price amounted to $X per unit, reducing by -74.7% against the previous year. In general, the import price, however, saw a temperate increase. The pace of growth appeared the most rapid in 2017 an increase of 7,051%. Over the period under review, average import prices reached the peak figure at $X per unit in 2020, and then shrank sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for the United States ($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 United States (+87.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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