Finland: Railway Track Fixture Market 2025

Railway Track Fixture Market Size in Finland

The Finnish railway track fixture market reduced slightly to $X in 2021, waning by -2.7% against the previous year. Over the period under review, consumption, however, showed a resilient expansion. Railway track fixture consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Railway Track Fixture Production in Finland

In value terms, railway track fixture production amounted to $X in 2021 estimated in export price. In general, production, however, recorded a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of 69% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Railway Track Fixture Exports

Exports from Finland

In 2021, after three years of decline, there was significant growth in overseas shipments of railway or tramway track fixtures and fittings, when their volume increased by 491% to X tons. Over the period under review, exports, however, showed a abrupt downturn. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, railway track fixture exports skyrocketed to $X in 2021. In general, exports, however, saw a deep setback. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Taiwan (Chinese) (X tons), Australia (X tons) and Switzerland (X tons) were the main destinations of railway track fixture exports from Finland, with a combined 97% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of +198.7%), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Switzerland ($X) and Taiwan (Chinese) ($X) constituted the largest markets for railway track fixture exported from Finland worldwide, with a combined 96% share of total exports.

Among the main countries of destination, Switzerland, with a CAGR of +179.6%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average railway track fixture export price stood at $X per ton in 2021, shrinking by -7% against the previous year. In general, the export price, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2020 an increase of 35%. As a result, the export price reached the peak level of $X per ton, and then fell in the following year.

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 Norway ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Railway Track Fixture Imports

Imports into Finland

For the third consecutive year, Finland recorded decline in supplies from abroad of railway or tramway track fixtures and fittings, which decreased by -35.3% to X tons in 2021. In general, imports showed a pronounced decline. The most prominent rate of growth was recorded in 2018 when imports increased by 467%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, railway track fixture imports expanded remarkably to $X in 2021. Overall, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2018 when imports increased by 165%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest railway track fixture supplier to Finland, accounting for a 54% share of total imports. Moreover, railway track fixture imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X tons), twofold. The third position in this ranking was taken by Switzerland (X tons), with a 7.5% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at -3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-6.2% per year) and Switzerland (+30.4% per year).

In value terms, the largest railway track fixture suppliers to Finland were Germany ($X), Switzerland ($X) and Sweden ($X), with a combined 69% share of total imports.

Switzerland, with a CAGR of +34.1%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average railway track fixture import price amounted to $X per ton, growing by 68% against the previous year. In general, the import price, however, recorded a pronounced slump. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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