Germany: Railway Goods Wagon Market 2024

Railway Goods Wagon Market Size in Germany

The German railway goods wagon market soared to $X in 2022, picking up by X% against the previous year. Overall, consumption continues to indicate a buoyant increase. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Railway Goods Wagon Production in Germany

In value terms, railway goods wagon production expanded notably to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by X%. Railway goods wagon production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Railway Goods Wagon Exports

Exports from Germany

In 2022, shipments abroad of railway or tramway goods vans and wagons (not self-propelled) increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, railway goods wagon exports surged to $X in 2022. In general, exports posted a perceptible increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Austria (X units), Switzerland (X units) and France (X units) were the main destinations of railway goods wagon exports from Germany, together comprising X% of total exports. Romania, Poland, Spain, the Netherlands and Slovakia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for railway goods wagon exported from Germany were France ($X), Austria ($X) and Spain ($X), together comprising X% of total exports.

Spain, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average railway goods wagon export price stood at $X per unit in 2022, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Railway Goods Wagon Imports

Imports into Germany

Railway goods wagon imports into Germany soared to X units in 2022, rising by X% on the year before. In general, imports posted resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, railway goods wagon imports skyrocketed to $X in 2022. Over the period under review, imports posted a buoyant expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Slovakia (X units) constituted the largest supplier of railway goods wagon to Germany, with a X% share of total imports. Moreover, railway goods wagon imports from Slovakia exceeded the figures recorded by the second-largest supplier, Bulgaria (X units), twofold. Poland (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Slovakia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (X% per year) and Poland (X% per year).

In value terms, Slovakia ($X), Bulgaria ($X) and Poland ($X) were the largest railway goods wagon suppliers to Germany, together comprising X% of total imports. Romania, Croatia, the Czech Republic, Austria and Switzerland lagged somewhat behind, together comprising a further X%.

Austria, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 2022, the average railway goods wagon import price amounted to $X per unit, falling by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 an increase of X%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :