Germany: Market for Railway Or Tramway Track Construction Material Of Iron Or Steel 2024

Market Size for Railway Or Tramway Track Construction Material Of Iron Or Steel in Germany

The German market for railway or tramway track construction material of iron or steel soared to $X in 2021, with an increase of 33% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Railway Or Tramway Track Construction Material Of Iron Or Steel in Germany

In value terms, production of railway or tramway track construction material of iron or steel expanded to $X in 2021 estimated in export price. Overall, production, however, faced a abrupt decline. The growth pace was the most rapid in 2016 with an increase of 6.5%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Exports from Germany

In 2021, approx. X tons of railway or tramway track construction material of iron or steel were exported from Germany; falling by -8.6% on the previous year's figure. Over the period under review, exports recorded a deep setback. The pace of growth was the most pronounced in 2018 when exports increased by 10% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of railway or tramway track construction material of iron or steel expanded markedly to $X in 2021. Overall, exports showed a perceptible downturn. The pace of growth was the most pronounced in 2018 when exports increased by 9.4% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Denmark (X tons), Poland (X tons) and Italy (X tons) were the main destinations of exports of railway or tramway track construction material of iron or steel from Germany, together accounting for 37% of total exports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +11.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Denmark ($X) and the Netherlands ($X) were the largest markets for iron and steel railway construction materials exported from Germany worldwide, with a combined 27% share of total exports.

Among the main countries of destination, Italy, with a CAGR of +18.7%, 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 export price for railway or tramway track construction material of iron or steel stood at $X per ton in 2021, picking up by 20% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Poland ($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 the Netherlands (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Imports into Germany

In 2021, the amount of railway or tramway track construction material of iron or steel imported into Germany rose slightly to X tons, with an increase of 4.3% against 2020. Over the period under review, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +13.8% against 2019 indices. The pace of growth was the most pronounced in 2014 when imports increased by 60%. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of railway or tramway track construction material of iron or steel skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when imports increased by 42%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Austria (X tons), Poland (X tons) and the Czech Republic (X tons) were the main suppliers of imports of railway or tramway track construction material of iron or steel to Germany, together comprising 88% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +15.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Poland ($X) and the Czech Republic ($X) appeared to be the largest iron and steel railway construction materials suppliers to Germany, together accounting for 82% of total imports.

In terms of the main suppliers, Austria, with a CAGR of +11.7%, recorded the highest rates of growth with regard to 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

In 2021, the average import price for railway or tramway track construction material of iron or steel amounted to $X per ton, with an increase of 15% against the previous year. In general, the import price, however, continues to indicate a mild curtailment. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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