Kuwait: Railway Track Fixture Market 2025

Railway Track Fixture Market Size in Kuwait

After six years of growth, the Kuwaiti railway track fixture market decreased by -65.9% to $X in 2021. In general, consumption, however, continues to indicate a strong increase. Railway track fixture consumption peaked at $X in 2020, and then reduced dramatically in the following year.

Railway Track Fixture Exports

Exports from Kuwait

After two years of growth, shipments abroad of railway or tramway track fixtures and fittings decreased by -11.1% to X kg in 2020. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 450%. Over the period under review, the exports reached the maximum at X kg in 2019, and then contracted in the following year.

In value terms, railway track fixture exports fell remarkably to $X in 2020. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2015 with an increase of 266% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019, and then declined significantly in the following year.

Exports by Country

Bahrain (X kg) was the main destination for railway track fixture exports from Kuwait, with a approx. 100% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Bahrain was relatively modest.

In value terms, Bahrain ($X) emerged as the key foreign market for railway or tramway track fixtures and fittings exports from Kuwait.

From 2012 to 2020, the average annual rate of growth in terms of value to Bahrain was relatively modest.

Export Prices by Country

In 2020, the average railway track fixture export price amounted to $X per ton, dropping by -49.9% against the previous year. Overall, the export price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2019 a decrease of -29.2%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2020, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Bahrain.

From 2012 to 2020, the rate of growth in terms of prices for Belgium amounted to +249.5% per year.

Railway Track Fixture Imports

Imports into Kuwait

In 2021, after six years of growth, there was significant decline in overseas purchases of railway or tramway track fixtures and fittings, when their volume decreased by -73.5% to X tons. Overall, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by 116% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020, and then reduced markedly in the following year.

In value terms, railway track fixture imports reduced dramatically to $X in 2021. Over the period under review, imports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of 93% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then contracted significantly in the following year.

Imports by Country

Turkey (X tons), the UK (X tons) and Germany (X tons) were the main suppliers of railway track fixture imports to Kuwait, with a combined 83% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +53.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Turkey ($X) and Germany ($X) appeared to be the largest railway track fixture suppliers to Kuwait, with a combined 61% share of total imports. The United Arab Emirates, Ukraine and India lagged somewhat behind, together accounting for a further 9.2%.

The United Arab Emirates, with a CAGR of +49.3%, recorded the highest growth rate of the value of imports, among 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, with an increase of 56% against the previous year. Overall, the import price, however, recorded a pronounced curtailment. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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