Germany: Railway Track Fixture Market 2024

Railway Track Fixture Market Size in Germany

The German railway track fixture market surged to $X in 2021, jumping by 47% against the previous year. In general, consumption enjoyed tangible growth. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Railway Track Fixture Production in Germany

In value terms, railway track fixture production dropped notably to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt setback. The growth pace was the most rapid in 2020 when the production volume increased by 7.3% against the previous year. Railway track fixture production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Railway Track Fixture Exports

Exports from Germany

In 2021, the amount of railway or tramway track fixtures and fittings exported from Germany soared to X tons, jumping by 18% against the previous year. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 44% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, railway track fixture exports surged to $X in 2021. Over the period under review, exports, however, recorded a slight shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 37% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Switzerland (X tons), Austria (X tons) and Saudi Arabia (X tons) were the main destinations of railway track fixture exports from Germany, with a combined 30% share of total exports. Italy, the Netherlands, Belgium, the United Arab Emirates, the United States, the UK, Poland, Australia, Israel and Canada lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2021, the biggest increases were recorded for Israel (with a CAGR of +26.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for railway track fixture exported from Germany were Austria ($X), Switzerland ($X) and Poland ($X), with a combined 22% share of total exports. Belgium, the United States, the Netherlands, the UK, Italy, Saudi Arabia, Israel, Australia, Canada and the United Arab Emirates lagged somewhat behind, together comprising a further 30%.

The United Arab Emirates, with a CAGR of +18.7%, saw the highest growth rate of the value of exports, in terms of 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 track fixture export price stood at $X per ton in 2021, which is down by -2.6% against the previous year. In general, the export price saw a pronounced slump. The pace of growth appeared the most rapid in 2019 an increase of 20%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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 Poland ($X per ton), while the average price for exports to Saudi Arabia ($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 Poland (+4.6%), while the prices for the other major destinations experienced mixed trend patterns.

Railway Track Fixture Imports

Imports into Germany

In 2021, railway track fixture imports into Germany soared to X tons, growing by 24% on the previous year's figure. Over the period under review, imports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2019 with an increase of 53% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, railway track fixture imports skyrocketed to $X in 2021. Overall, imports, however, recorded a mild descent. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Poland (X tons) constituted the largest railway track fixture supplier to Germany, accounting for a 38% share of total imports. Moreover, railway track fixture imports from Poland exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), twofold. The third position in this ranking was held by Austria (X tons), with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume from Poland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+218.5% per year) and Austria (-6.3% per year).

In value terms, the largest railway track fixture suppliers to Germany were Switzerland ($X), Bulgaria ($X) and Austria ($X), with a combined 61% share of total imports.

Bulgaria, with a CAGR of +251.8%, saw the highest rates of growth with regard to 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 2021, the average railway track fixture import price amounted to $X per ton, picking up by 12% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, railway track fixture import price decreased by -35.0% against 2018 indices. The pace of growth appeared the most rapid in 2014 an increase of 74% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 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 ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Serbia (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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