Report Update Nov 1, 2024

Greece - Railway or Tramway Track Fixtures and Fittings - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Railway Track Fixture Market 2024

Railway Track Fixture Market Size in Greece

In 2021, the Greek railway track fixture market increased by 114% to $X, rising for the second consecutive year after four years of decline. Over the period under review, consumption posted prominent growth. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Railway Track Fixture Exports

Exports from Greece

In 2021, after three years of growth, there was decline in overseas shipments of railway or tramway track fixtures and fittings, when their volume decreased by -1.2% to X tons. Over the period under review, exports, however, saw a buoyant expansion. The growth pace was the most rapid in 2014 when exports increased by 4,427%. As a result, the exports reached 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 dropped remarkably to $X in 2021. In general, exports faced a abrupt decrease. The pace of growth was the most pronounced in 2014 when exports increased by 7,375% 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 lower figure.

Exports by Country

Cyprus (X tons) was the main destination for railway track fixture exports from Greece, with a 69% share of total exports. Moreover, railway track fixture exports to Cyprus exceeded the volume sent to the second major destination, Turkey (X kg), twofold.

From 2012 to 2021, the average annual growth rate of volume to Cyprus totaled +24.1%.

In value terms, Cyprus ($X) and Turkey ($X) constituted the largest markets for railway track fixture exported from Greece worldwide.

Turkey, with a CAGR of +25.6%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average railway track fixture export price stood at $X per ton in 2021, declining by -25.5% against the previous year. In general, the export price saw a sharp reduction. The pace of growth was the most pronounced in 2018 when the average export price increased by 77%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Cyprus totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+6.2%), while the prices for the other major destinations experienced a decline.

Railway Track Fixture Imports

Imports into Greece

In 2021, purchases abroad of railway or tramway track fixtures and fittings increased by 134% to X tons, rising for the second year in a row after four years of decline. Overall, imports showed a temperate expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 305%. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, railway track fixture imports skyrocketed to $X in 2021. Over the period under review, imports recorded a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of 358% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Romania (X tons) constituted the largest railway track fixture supplier to Greece, with a 39% share of total imports. Moreover, railway track fixture imports from Romania exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold. Italy (X tons) ranked third in terms of total imports with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Romania totaled +82.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+34.8% per year) and Italy (+0.9% per year).

In value terms, Romania ($X) constituted the largest supplier of railway or tramway track fixtures and fittings to Greece, comprising 50% of total imports. The second position in the ranking was taken by Belgium ($X), with a 9.1% share of total imports. It was followed by Italy, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Romania totaled +63.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+25.9% per year) and Italy (-4.1% per year).

Import Prices by Country

The average railway track fixture import price stood at $X per ton in 2021, declining by -17.4% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 an increase of 62%. The import price peaked at $X per ton in 2020, and then contracted notably in the following year.

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 Belgium ($X per ton), while the price for the UK ($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 (-1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for railway or tramway track fixtures and fittings in the world?

The United States constituted the country with the largest volume of railway track fixture consumption, comprising approx. 67% of total volume. Moreover, railway track fixture consumption in the United States exceeded the figures recorded by the second-largest consumer, the UK, more than tenfold. The third position in this ranking was occupied by Spain, with a 4.3% share.

What are the largest producers of railway or tramway track fixtures and fittings in the world?

The United States remains the largest railway track fixture producing country worldwide, comprising approx. 67% of total volume. Moreover, railway track fixture production in the United States exceeded the figures recorded by the second-largest producer, China, more than tenfold. The third position in this ranking was occupied by the UK, with a 4.7% share.

What are the leading suppliers of railway or tramway track fixtures and fittings to Greece?

In value terms, Romania constituted the largest supplier of railway track fixture to Greece, comprising 50% of total imports. The second position in the ranking was occupied by Belgium, with a 9.1% share of total imports. It was followed by Italy, with an 8.8% share.

What are the leading importers of railway or tramway track fixtures and fittings from Greece?

In value terms, the largest markets for railway track fixture exported from Greece were Cyprus and Turkey.

What is the average export price for railway or tramway track fixtures and fittings in Greece?

In 2021, the average railway track fixture export price amounted to $70,217 per ton, jumping by 554% against the previous year.

What is the average import price for railway or tramway track fixtures and fittings in Greece?

In 2021, the average railway track fixture import price amounted to $11,153 per ton, declining by -42.4% against the previous year.

This report provides an in-depth analysis of the railway track fixture market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 399900Z5 - Railway or tramway track fixtures and fittings (excluding sleepers of wood, concrete or steel, sections of track and other track fixtures not yet assembled and railway or tramway track construction material), mechanical, including electromechanical, signalling, safety or traffic control equipment for railways, tramways, roads, inland waterways, p arking facilities, port installations or airfields, parts of the foregoing
Prodcom 25992910 - Railway or tramway track fixtures and fittings and parts thereof
Prodcom 30204050 - Mechanical or electromechanical signalling, safety or traffic control equipment for roads, inland waterways, parking facilities, port installations or airfields
Prodcom 30204060 - Mechanical signalling, safety or traffic control equipment for railways or tramways, parts of mechanical (including electromechanical), signalling, safety or traffic control equipment for railways, tramways, roads, inland waterways, p arking facilities, port installations or airfields

Country coverage:

Greece

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Greece
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023