Hungary: Railway Track Fixture Market 2025

Railway Track Fixture Market Size in Hungary

In 2021, the Hungarian railway track fixture market decreased by -1.4% to $X, falling for the second year in a row after three years of growth. Overall, consumption, however, continues to indicate a perceptible shrinkage. Railway track fixture consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Railway Track Fixture Production in Hungary

In value terms, railway track fixture production fell dramatically to $X in 2021 estimated in export price. Overall, production, however, faced a deep setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by 16% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Railway Track Fixture Exports

Exports from Hungary

In 2021, overseas shipments of railway or tramway track fixtures and fittings decreased by -5.2% to X tons, falling for the third year in a row after two years of growth. Overall, exports, however, showed a noticeable expansion. The most prominent rate of growth was recorded in 2017 with an increase of 227% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, railway track fixture exports fell markedly to $X in 2021. Over the period under review, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 when exports increased by 42%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X tons), Germany (X tons) and Denmark (X tons) were the main destinations of railway track fixture exports from Hungary, together accounting for 94% of total exports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +92.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for railway or tramway track fixtures and fittings exports from Hungary, comprising 39% of total exports. The second position in the ranking was taken by Germany ($X), with a 19% share of total exports. It was followed by the UK, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to -7.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-7.2% per year) and the UK (+105.5% per year).

Export Prices by Country

In 2021, the average railway track fixture export price amounted to $X per ton, declining by -27.1% against the previous year. Over the period under review, the export price saw a deep reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 67% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the UK ($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 France (+9.2%), while the prices for the other major destinations experienced mixed trend patterns.

Railway Track Fixture Imports

Imports into Hungary

In 2021, after four years of growth, there was significant decline in purchases abroad of railway or tramway track fixtures and fittings, when their volume decreased by -25% to X tons. In general, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 663%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, railway track fixture imports declined remarkably to $X in 2021. Over the period under review, imports, however, showed a strong increase. The growth pace was the most rapid in 2013 with an increase of 917%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), Austria (X tons) and Serbia (X tons) were the main suppliers of railway track fixture imports to Hungary, together accounting for 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 Serbia (with a CAGR of +138.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) constituted the largest supplier of railway or tramway track fixtures and fittings to Hungary, comprising 52% of total imports. The second position in the ranking was taken by Germany ($X), with a 13% share of total imports. It was followed by Serbia, with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Austria stood at +48.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.9% per year) and Serbia (+140.4% per year).

Import Prices by Country

In 2021, the average railway track fixture import price amounted to $X per ton, which is down by -11% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 64% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+38.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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