Israel: Railway Track Fixture Market 2025

Railway Track Fixture Market Size in Israel

For the third consecutive year, the Israeli railway track fixture market recorded growth in sales value, which increased by 25% to $X in 2021. Over the period under review, consumption posted a significant increase. Railway track fixture consumption peaked in 2021 and is likely to continue growth in years to come.

Railway Track Fixture Production in Israel

In value terms, railway track fixture production stood at $X in 2021 estimated in export price. Overall, production showed resilient growth. The most prominent rate of growth was recorded in 2020 when the production volume decreased by 99.9% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Railway Track Fixture Exports

Exports from Israel

In 2021, the amount of railway or tramway track fixtures and fittings exported from Israel surged to X tons, with an increase of 67% compared with 2020. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 1,109% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, railway track fixture exports soared to $X in 2021. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 842%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Kenya (X tons), Hong Kong SAR (X tons) and the United States (X tons) were the main destinations of railway track fixture exports from Israel, together accounting for 48% of total exports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +92.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kenya ($X), Hong Kong SAR ($X) and the United States ($X) were the largest markets for railway track fixture exported from Israel worldwide, together accounting for 43% of total exports. These countries were followed by Russia, China, Colombia, the UK, the Netherlands, Greece, Armenia, Japan, Nigeria and Romania, which together accounted for a further 36%.

China, with a CAGR of +71.8%, recorded the highest rates of growth with regard to 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

In 2021, the average railway track fixture export price amounted to $X per ton, with an increase of 4.9% against the previous year. Overall, the export price, however, showed a slight setback. The pace of growth was the most pronounced in 2016 when the average export price increased by 64%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Greece ($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 (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.

Railway Track Fixture Imports

Imports into Israel

After two years of growth, supplies from abroad of railway or tramway track fixtures and fittings decreased by -23.6% to X tons in 2021. Over the period under review, imports, however, showed prominent growth. The growth pace was the most rapid in 2017 when imports increased by 168% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020, and then reduced sharply in the following year.

In value terms, railway track fixture imports expanded slightly to $X in 2021. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2017 when imports increased by 275%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest railway track fixture supplier to Israel, accounting for a 21% share of total imports. Moreover, railway track fixture imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by Spain (X tons), with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.5% per year) and Spain (+18.4% per year).

In value terms, the largest railway track fixture suppliers to Israel were China ($X), Germany ($X) and Italy ($X), with a combined 30% share of total imports. These countries were followed by Belgium, Turkey, Spain, India, France, the United States and the UK, which together accounted for a further 18%.

Turkey, with a CAGR of +43.5%, 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

The average railway track fixture import price stood at $X per ton in 2021, jumping by 36% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the average import price increased by 40%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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 France ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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