Lithuania: Railway Construction Market 2020

Railway Construction Market Size in Lithuania

The revenue of the railway construction market in Lithuania amounted to $X in 2018, going up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, railway construction consumption continues to indicate a moderate increase. The most prominent rate of growth was recorded in 2010 when the market value increased by X% y-o-y. Lithuania railway construction consumption peaked at $X in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

Railway Construction Exports

Exports from Lithuania

In 2018, the railway construction exports from Lithuania stood at X tons, rising by X% against the previous year. In general, railway construction exports, however, continue to indicate a slight deduction. The growth pace was the most rapid in 2013 when exports increased by X% year-to-year. Lithuania exports peaked at X tons in 2010; however, from 2011 to 2018, exports stood at a somewhat lower figure.

In value terms, railway construction exports totaled $X in 2018. Over the period under review, railway construction exports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2018 when exports increased by X% y-o-y. Lithuania exports peaked at $X in 2010; however, from 2011 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X tons), Japan (X tons) and Austria (X tons) represented roughly X% of total exports of railway or tramway track construction material of iron or steel in 2018. The Czech Republic (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by China (X%), Poland (X%), the U.S. (X%) and Spain (X%). The following exporters - Russia (X tons), the UK (X tons), Turkey (X tons) and Luxembourg (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Ukraine, while the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Austria ($X) and Japan ($X) constituted the countries with the highest levels of exports in 2018, together accounting for X% of total exports.

In terms of the main exporting countries, Ukraine recorded the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The railway construction export price in Lithuania stood at $X per ton in 2018, declining by -X% against the previous year. In general, the railway construction export price, however, continues to indicate remarkable growth. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the export prices for railway or tramway track construction material of iron or steel attained their maximum at $X per ton in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Luxembourg ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Railway Construction Imports

Imports into Lithuania

In 2018, the railway construction imports into Lithuania amounted to X tons, rising by X% against the previous year. Over the period under review, railway construction imports continue to indicate a temperate increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Lithuania imports peaked at X tons in 2013; however, from 2014 to 2018, imports remained at a lower figure.

In value terms, railway construction imports stood at $X in 2018. In general, railway construction imports continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, railway construction imports attained their maximum at $X in 2013; however, from 2014 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Russia (X tons), distantly followed by Germany (X tons), Canada (X tons), the U.S. (X tons) and Iran (X tons) represented the major importers of railway or tramway track construction material of iron or steel, together constituting X% of total imports. The following importers - Brazil (X tons), Italy (X tons), Poland (X tons), Mexico (X tons), Belgium (X tons), France (X tons) and Thailand (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Russia, while the other leaders experienced more modest paces of growth.

In value terms, the largest railway construction importing markets into Lithuania were Russia ($X), Germany ($X) and Canada ($X), together comprising X% of total imports.

Russia experienced the highest growth rate of imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The railway construction import price in Lithuania stood at $X per ton in 2018, increasing by X% against the previous year. In general, the railway construction import price, however, continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2008 when the import price increased by X% year-to-year. In that year, the import prices for railway or tramway track construction material of iron or steel reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the import prices for railway or tramway track construction material of iron or steel remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was France ($X per ton), while the U.S. ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform