Italy: Railway Goods Wagon Market 2024

Railway Goods Wagon Market Size in Italy

In 2022, the Italian railway goods wagon market was finally on the rise to reach $X after two years of decline. In general, consumption showed a prominent expansion. Railway goods wagon consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Railway Goods Wagon Production in Italy

In value terms, railway goods wagon production declined modestly to $X in 2022 estimated in export price. Overall, production, however, saw a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Railway goods wagon production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Railway Goods Wagon Exports

Exports from Italy

In 2022, the amount of railway or tramway goods vans and wagons (not self-propelled) exported from Italy shrank dramatically to X units, dropping by X% compared with the year before. In general, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, railway goods wagon exports surged to $X in 2022. Overall, exports, however, saw resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Switzerland (X units), Romania (X units) and France (X units) were the main destinations of railway goods wagon exports from Italy, together comprising X% of total exports. Moreover, railway goods wagon exports in Switzerland exceeded the figures recorded by the second-largest exporter, Romania, twofold.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) emerged as the key foreign market for railway or tramway goods vans and wagons (not self-propelled) exports from Italy, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Australia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Switzerland (X% per year).

Export Prices by Country

In 2022, the average railway goods wagon export price amounted to $X per unit, increasing by X% against the previous year. Overall, the export price showed significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (X%), while the prices for the other major destinations experienced mixed trend patterns.

Railway Goods Wagon Imports

Imports into Italy

In 2022, purchases abroad of railway or tramway goods vans and wagons (not self-propelled) was finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports, however, showed a deep downturn. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, railway goods wagon imports soared to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The UK (X units), Slovakia (X units) and Austria (X units) were the main suppliers of railway goods wagon imports to Italy, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X) constituted the largest supplier of railway or tramway goods vans and wagons (not self-propelled) to Italy, comprising X% of total imports. The second position in the ranking was taken by the UK ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Slovakia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Austria (X% per year).

Import Prices by Country

In 2022, the average railway goods wagon import price amounted to $X per unit, increasing by X% against the previous year. Overall, the import price continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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