Estonia: Railway Construction Market 2020

Railway Construction Market Size in Estonia

The revenue of the railway construction market in Estonia amounted to $X in 2018, jumping by X% against the previous year. Overall, railway construction consumption continues to indicate a buoyant increase. The growth pace was the most rapid in 2018 when the market value increased by X% year-to-year. In that year, the railway construction market reached its peak level and is likely to continue its growth in the immediate term.

Railway Construction Production in Estonia

In value terms, railway construction production stood at $X in 2018 estimated in export prices. Overall, railway construction production continues to indicate an extraordinary expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. In that year, railway construction production reached its peak level of $X. From 2016 to 2018, railway construction production growth remained at a lower figure.

Railway Construction Exports

Exports from Estonia

In 2018, approx. X tons of railway or tramway track construction material of iron or steel were exported from Estonia; lowering by -X% against the previous year. In general, railway construction exports continue to indicate a deep deduction. The pace of growth appeared the most rapid in 2009 when exports increased by X% y-o-y. In that year, railway construction exports reached their peak of X tons. From 2010 to 2018, the growth of railway construction exports failed to regain its momentum.

In value terms, railway construction exports totaled $X in 2018. In general, railway construction exports continue to indicate a deep shrinkage. The pace of growth was the most pronounced in 2012 when exports increased by X% against the previous year. Estonia exports peaked at $X in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X tons), Japan (X tons) and Austria (X tons) represented roughly X% of total exports of railway or tramway track construction material of iron or steel in 2018. The Czech Republic (X tons) ranks next in terms of the total exports with a X% share, followed by China (X%), Poland (X%), the U.S. (X%) and Spain (X%). Russia (X tons), the UK (X tons), Turkey (X tons) and Luxembourg (X tons) occupied a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Ukraine, while the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Austria ($X) and Japan ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports.

Ukraine recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the railway construction export price in Estonia amounted to $X per ton, rising by X% against the previous year. Over the period under review, the railway construction export price continues to indicate a mild increase. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. Estonia export price peaked at $X per ton in 2013; however, from 2014 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Luxembourg ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Railway Construction Imports

Imports into Estonia

In 2018, the imports of railway or tramway track construction material of iron or steel into Estonia stood at X tons, picking up by X% against the previous year. Overall, railway construction imports continue to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, railway construction imports attained their maximum at X tons in 2009; however, from 2010 to 2018, imports failed to regain their momentum.

In value terms, railway construction imports totaled $X in 2018. Over the period under review, railway construction imports continue to indicate a moderate increase. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Estonia imports peaked at $X in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Russia (X tons), distantly followed by Germany (X tons), Canada (X tons), the U.S. (X tons) and Iran (X tons) represented the major importers of railway or tramway track construction material of iron or steel, together constituting X% of total imports. Brazil (X tons), Italy (X tons), Poland (X tons), Mexico (X tons), Belgium (X tons), France (X tons) and Thailand (X tons) held a little share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Russia, while the other leaders experienced more modest paces of growth.

In value terms, the largest railway construction importing markets into Estonia were Russia ($X), Germany ($X) and Canada ($X), together accounting for X% of total imports.

Russia recorded the highest rates of growth with regard to imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the railway construction import price in Estonia amounted to $X per ton, declining by -X% against the previous year. Overall, the railway construction import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. Estonia import price peaked at $X per ton in 2015; however, from 2016 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was France ($X per ton), while the U.S. ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform