Lithuania: Railway Passenger Coach Market 2025

Railway Passenger Coach Market Size in Lithuania

In 2022, the Lithuanian railway passenger coach market decreased by 0% to less than $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption recorded a noticeable decrease. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Railway Passenger Coach Production in Lithuania

In value terms, railway passenger coach production fell remarkably to $X in 2022 estimated in export price. Overall, production faced a sharp downturn. The pace of growth appeared the most rapid in 2017 when the production volume decreased by -6.6% against the previous year. Railway passenger coach production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Railway Passenger Coach Exports

Exports from Lithuania

In 2019, after two years of growth, there was significant decline in shipments abroad of railway or tramway passenger coaches (not self-propelled), when their volume decreased by -23.8% to X units. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 700%. The exports peaked at X units in 2018, and then dropped sharply in the following year.

In value terms, railway passenger coach exports surged to $X in 2019. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 542%. The exports peaked in 2019 and are expected to retain growth in the near future.

Exports by Country

Russia (X units), Kazakhstan (X units) and Belarus (X units) were the main destinations of railway passenger coach exports from Lithuania.

From 2015 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +300.0%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) emerged as the key foreign market for railway or tramway passenger coaches (not self-propelled) exports from Lithuania, comprising 86% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 13% share of total exports.

From 2015 to 2019, the average annual growth rate of value to Russia totaled +283.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+16.0% per year) and Belarus (0.0% per year).

Export Prices by Country

The average railway passenger coach export price stood at $X per unit in 2019, with an increase of 61% against the previous year. Over the period under review, the export price posted a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Belarus ($X per unit) was amongst the lowest.

From 2015 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-4.0%).

Railway Passenger Coach Imports

Imports into Lithuania

In 2019, railway passenger coach imports into Lithuania amounted to X units, remaining constant against 2018 figures. Overall, imports continue to indicate a abrupt decline. The smallest decline of 99.9% was in 2016. Imports peaked at X units in 2015; however, from 2016 to 2019, imports remained at a lower figure.

In value terms, railway passenger coach imports stood at $X in 2019. In general, imports saw a significant curtailment. The smallest decline of 99.9% was in 2016. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2019, imports failed to regain momentum.

Imports by Country

In 2019, the Netherlands (X units) was the main supplier of railway passenger coach to Lithuania, accounting for a approx. 100% share of total imports.

From 2015 to 2019, the average annual growth rate of volume from the Netherlands was relatively modest.

In value terms, the Netherlands ($X) constituted the largest supplier of railway or tramway passenger coaches (not self-propelled) to Lithuania.

From 2015 to 2019, the average annual growth rate of value from the Netherlands totaled +165.9%.

Import Prices by Country

The average railway passenger coach import price stood at $X per unit in 2019, leveling off at the previous year. In general, the import price recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price decreased by 99.9% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2015; however, from 2016 to 2019, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2015 to 2019, the rate of growth in terms of prices for the Netherlands amounted to +165.9% per year.

Source: IndexBox Platform