Eastern Europe: Railway Goods Wagon Market 2024

Railway Goods Wagon Market Size in Eastern Europe

The East European railway goods wagon market fell to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, posted a moderate increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Railway Goods Wagon Production in Eastern Europe

In value terms, railway goods wagon production totaled $X in 2022 estimated in export price. In general, production recorded a noticeable contraction. The growth pace was the most rapid in 2018 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Railway Goods Wagon Exports

Exports in Eastern Europe

In 2022, overseas shipments of railway or tramway goods vans and wagons (not self-propelled) decreased by X% to X units, falling for the third year in a row after three years of growth. Overall, exports faced a abrupt descent. The growth pace was the most rapid in 2017 with an increase of X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, railway goods wagon exports contracted markedly to $X in 2022. Over the period under review, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Slovakia (X units), distantly followed by Russia (X units), Belarus (X units), Poland (X units), Romania (X units) and Bulgaria (X units) were the largest exporters of railway or tramway goods vans and wagons (not self-propelled), together making up X% of total exports. The Czech Republic (X units) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X) remains the largest railway goods wagon supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports. It was followed by Romania, with a X% share.

In Slovakia, railway goods wagon exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (X% per year) and Romania (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

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 Poland ($X per unit), while Russia ($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 Eastern Europe

In 2022, imports of railway or tramway goods vans and wagons (not self-propelled) in Eastern Europe reduced dramatically to X units, waning by X% compared with the previous year's figure. Over the period under review, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 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 stood at a somewhat lower figure.

In value terms, railway goods wagon imports shrank markedly to $X in 2022. Overall, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Russia (X units), Poland (X units), Belarus (X units) and Slovakia (X units) represented roughly X% of total imports in 2022. It was distantly followed by the Czech Republic (X units), making up a X% share of total imports. Hungary (X units) and Ukraine (X units) followed a long way behind the leaders.

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

In value terms, Poland ($X), Slovakia ($X) and Belarus ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Poland, with a CAGR of X%, saw 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 Eastern Europe stood at $X per unit in 2022, increasing by X% against the previous year. In general, the import price, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($X per unit), while Russia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :